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SHA:603459

5 stories mentioning SHA:603459Updated 17d ago

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Asia

Jiangxi Redboard Technology Commits 700 Million Yuan for HDI Capacity Expansion; Shares Fall 6%

Jiangxi Redboard Technology (SHA:603459) will invest up to 700 million yuan to upgrade and expand its high-precision high-density interconnect (HDI) circuit board production lines at its Ji'an facility in Jiangxi, China.The project involves procuring advanced mechanical drills, laser drills and forming machines to address capacity bottlenecks and ensure continuing revenue and profitability growth, according to a Friday filing with the Shanghai bourse.Construction is set to begin in January 2027 with a timeline of 24 months.Shares of the printed circuit board manufacturer declined 6% in recent trade.

SHA:603459
Asia

Jiangxi Redboard Technology to Construct 5-Billion-Yuan Cicruit Board Manufacturing Plant; Shares Slide 5%

Jiangxi Redboard Technology (SHA:603459) subsidiary Ganzhou Redboard Technology will invest 5 billion yuan for the construction of a high-end mSAP or modified semi-additive process precision circuit board project, according to a Friday filing with the Shanghai bourse.The company will construct the facility in the Longnan Economic and Technological Development Zone, Ganzhou, Jiangxi, China, beginning in January 2027.The investment will go to building decoration, equipment purchase and installation costs, purchase and installation of supporting power equipment, research and development investment, and initial working capital.Shares fell 5% during afternoon trading on Friday.

SHA:603459
Asia

Jiangxi Redboard Technology to Invest 300 Million Yuan in New Plant; Shares Down 4%

Jiangxi Redboard Technology (SHA:603459) will invest 300 million yuan via subsidiary Ganzhou Hongban to build a new standardized production plant and auxiliary facilities in Jiangxi, China.The four-story, 29,000-square-meter plant will support the company's high-end precision printed circuit board capacity expansion for communications, consumer electronics, automotive and display applications.Construction is set to begin in October with a timeline of 24 months.Shares of the printed circuit board manufacturer declined 4% in recent trade.

SHA:603459
Asia

Jiangxi Redboard Technology Expects Up to 146% Surge in H1 Attributable Profit; Shares Rise 5%

Jiangxi Redboard Technology (SHA:603459) forecasts a 100% to 146% rise in its net attributable profit to between 480 million yuan and 590 million yuan in the first half from 239.9 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai bourse.The printed circuit board manufacturer attributed the expected rise to non-operating income of 301.7 million yuan following the purchase of the entire stake in Ganzhou Hongban Technology by subsidiary Ji'an Huiyang Electronics.Shares rose 5% during afternoon trading on Tuesday.

SHA:603459
Asia

Jiangxi Redboard's Q1 Profit Jumps 14%, Revenue Up 23%

Jiangxi Redboard Technology (SHA:603459) posted a 14% increase in first-quarter net profit to 123.8 million yuan from 108.3 million yuan a year prior.Earnings per share climbed to 0.19 yuan from 0.17 yuan, the printed circuit board manufacturer said in a Shanghai Stock Exchange filing on Tuesday.Revenue jumped 23% to 952.7 million yuan from 775.3 million yuan.The quarterly report marks the first financial statement published by Redboard since listing on the Shanghai bourse earlier this month.

SHA:603459

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