SHA:603629

3 stories mentioning SHA:603629Updated just now

Every FINWIRES story that references SHA:603629, newest first.

Jiangsu Lettall Electronic Proposes 5-Billion-Yuan Private Placement; Shares Fall 3%

Jiangsu Lettall Electronic (SHA:603629) plans to raise up to 5 billion yuan via a private placement of A-shares, targeting no more than 35 investors.About 4 billion yuan will be directed toward a 5.9-billion-yuan intelligent computing center project and 1 billion yuan for working capital, according to a Thursday filing with the Shanghai bourse.The placement is subject to approvals by shareholders and China's securities regulator and review by the Shanghai bourse.Shares of the precision metal stamping components manufacturer fell 3% in recent trade.

SHA:603629

Asia36d ago

Jiangsu Lettall Electronic Forecasts Up to 198% Jump in H1 Profit

Jiangsu Lettall Electronic (SHA:603629) forecasted first-half attributable net profit of between 2.14 billion yuan and 2.37 billion yuan, compared with 795.7 million yuan the previous year.The 169% to 198% jump is attributed to capacity expansion at Yubang Mining boosting silver sales, higher prices for silver and tin products, and a 454-million-yuan gain from the sale of a 60% stake in Shuangyuan Nonferrous, according to a Wednesday filing with the Shenzhen bourse.Basic earnings per share are expected to rise to 1.2052 yuan to 1.3347 yuan, versus 0.4481 yuan last year.Shares of the precision metal stamping components manufacturer slid 1% Wednesday.

SHA:603629

Asia49d ago

Lettall Electronic's Subsidiary to Sign Software License Deal With Rafay; Shares Dip 10%

Jiangsu Lettall Electronic's (SHA:603629) subsidiary, Haina Lettall Data Services plans to sign a software license agreement with Rafay Systems, according to a Shanghai bourse filing on Thursday.The deal will allow Lettall Data Services to market and distribute the U.S. firm's software products, including all bug fixes and updates.The software may not be sold separately or provided independently to end customers and Rafay may directly provide Level 1 technical support to end customers.The license has a one-year term, but it can be extended for another year if annual revenue of at least $6 million is reached.The Chinese precision metal stamping components manufacturer's shares slumped 10% during the afternoon trade.

SHA:603629

Track with the FINWIRES app suite

FolioX

Track SHA:603629 in your portfolio

WheelAI

Analyze SHA:603629 options with the wheel strategy

StockInsider

See market sentiment on SHA:603629