3 stories mentioning SHA:603341Updated just now
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Shanghai Longcheer Technology (SHA:603341) will purchase an 80% stake in Suzhou Anruike Information Technology for 1.12 billion yuan, according to a Friday filing with the Shanghai bourse.The acquisition will make Anruike a subsidiary of the listed company and will facilitate expansion into the data center infrastructure sector.Anruike supplies data center infrastructure products.
Shanghai Longcheer Technology (SHA:603341) will issue up to 3 billion yuan in debt instruments, according to a Tuesday filing with the Shanghai bourse.The company could issue ultra-short-term and short-term bonds, medium-term bonds, and target instruments as approved by China's National Association of Financial Market Institutional Investors.
Shanghai Longcheer Technology (HKG:9611, SHA:603341) expects an attributable profit of around 15.4 million yuan for the three months ended March 31, down from 154.1 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.The smart device and service provider attributed the forecast to a lower revenue amid a weakened demand in the consumer electronics end market, higher costs and expenses due to investment in new business areas, and higher finance costs.
