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SHA:688002

7 stories mentioning SHA:688002Updated 13d ago

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Asia

Raytron Adjusts Interim Dividend Total After Share Transfer; Shares Down 6%

Raytron Technology (SHA:688002) has revised its total 2026 semi-annual cash dividend allocation upward to 232.8 million yuan from 231.1 million yuan, according to Friday filings with the Shanghai Stock Exchange.The change follows the non-trading transfer of 3.3 million repurchased shares to the company's 2026 Employee Stock Ownership Plan on Aug. 21.Despite the total payout adjustment, the interim cash dividend remains unchanged at 0.50 yuan per share, payable Sept. 18 to holders of record as of Sept. 17.Shares of the glass fiber manufacturer declined 6% in recent trade.

SHA:688002
Asia

Raytron Technology to Increase Budget for Transactions with Affiliate

Raytron Technology (SHA:688002) increased its budget for transactions with affiliate Yantai Qichuang Xinyuan Technology, according to a Tuesday filing with the Shanghai bourse.Purchases are seen to increase by about 7 million yuan, while the allocation for sales of goods will rise by 55.3 million yuan, and services to related parties will rise by about 2 million yuan.Yantai Qichuang Xinyuan Technology is held by the listed company's controlling shareholder Ma Hong.Shares rose 2% during morning trading on Tuesday.

SHA:688002
Asia

Raytron Technology H1 Profit Jumps 259%, Revenue Up 73%

Raytron Technology (SHA:688002) posted first-half attributable net profit of 1.26 billion yuan, up 259% from 351.0 million yuan the previous year.Earnings per share climbed to 2.56 yuan from 0.76 yuan, according to a Tuesday filing with the Shanghai bourse.Operating revenue rose 73% year over year to 4.40 billion yuan from 2.54 billion yuan.The glass fiber manufacturer declared a semi-annual cash dividend of 5.00 per 10 shares, according to a separate filing.Shares of Raytron Technology were down 4% in recent trade.

SHA:688002
Asia

Raytron Technology Forecasts Up to 270% Rise in H1 Profit; Shares Jump 20%

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.

SHA:688002
Asia

Raytron to Set Up 50 Million Yuan Joint Venture; Shares Down 5%

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.

SHA:688002
Asia

Raytron Technology to Cancel Nearly 5 Million Repurchased Shares; Shares Rise 9%

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.

SHA:688002
Asia

Raytron Tech's Q1 Profit Surges 228%, Revenue Jumps 71%; Shares Up 5%

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.

SHA:688002

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