4 stories mentioning SHA:688002Updated 19d ago
Every FINWIRES story that references SHA:688002, newest first.
Raytron Technology (SHA:688002) projected first-half attributable net profit of between 1.20 billion yuan and 1.30 billion yuan, compared with 351.0 million yuan the previous year.The annual surge of 242% to 270% is attributed to robust industry demand, according to a Tuesday filing with the Shanghai bourse.Shares of the electrical components manufacturer jumped 20% in recent trade.
Raytron Technology (SHA:688002) plans to establish a joint venture with related party Yantai Qichuang Xinyuan Technology, according to a Shanghai bourse filing on Friday.The joint venture, which will have a registered capital of 50 million yuan, will produce physical intelligent terminal sensing modules and specialized industrial physical intelligent terminals.Both companies will invest 25 million yuan each into the venture.The chipmaker plans to sell its physical intelligent terminal business assets to the potential joint venture for 10.6 million yuan after the venture's establishment.The company's shares dropped 5% at the midday trade.
Raytron Technology (SHA:688002) will cancel nearly 5 million shares it repurchased through a share buyback program, according to a Friday bourse filing in Shanghai.The shares were supposed to be allocated for employee stock ownership plans.Upon cancellation, Raytron's shareholding will reduce to 460.8 million shares from 465.7 million shares.Raytron attributed the change in purpose of the repurchased but unused shares to "convey company value and enhance investor confidence."Shares rose 9% during late afternoon trading on Friday.
Raytron Technology's (SHA:688002) net profit attributable to shareholders in the first quarter surged 228% to 478.7 million yuan from 145.8 million yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share soared 211% year on year to 0.98 yuan from 0.32 yuan.Operating revenue jumped 71% to 1.94 billion yuan from 1.14 billion yuan in the prior year.Raytron manufactures uncooled infrared thermal imaging products. Its shares jumped 5% during the afternoon trade.
