2 stories mentioning SHA:603826Updated just now
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Fujian Kuncai Material Technology's (SHA:603826) controlling shareholder Xie Bingkun pledged 21 million shares in the company to finance the company's production and operations, according to a Shanghai bourse filing on Friday.Xie's stake was reduced to 48.9% from 38.6%.The pearlescent pigment manufacturer's shares dropped nearly 3% during the afternoon trade.
Fujian Kuncai Material Technology (SHA:603826) forecasted that its net profit attributable to shareholders in the first half will surge year on year by between 254% and 305% to a range of 175 million yuan to 200 million yuan, according to a Shanghai bourse filing on Wednesday.The attributable profit a year earlier was 49.4 million yuan, or 0.08 yuan per share.Operating revenue is expected to jump by between 40% and 57% year on year to a range of 800 million yuan and 900 million yuan.The pearlescent pigment manufacturer's shares jumped 10% at the close.
