SHA:688017

3 stories mentioning SHA:688017Updated just now

Every FINWIRES story that references SHA:688017, newest first.

Leader Harmonious Drive Systems' Attributable Profit Rises 31% in H1

Leader Harmonious Drive Systems' (SHA:688017) attributable profit rose 31% to 70.1 million yuan in the first half from 53.4 million yuan in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.Earnings per share at the maker of strain wave reducers increased to 0.3824 yuan from 0.2915 yuan in the prior-year period.Operating revenue grew 39% year over year to 348.5 million yuan from 251.4 million yuan.Shares rose over 1% in afternoon trade Thursday.

SHA:688017

Asia3h ago

Leader Harmonious Drive Systems Plans Hong Kong Listing

Leader Harmonious Drive Systems (SHA:688017) plans to issue and list H shares on the Hong Kong Stock Exchange's Main Board, according to a Thursday filing with the Shenzhen bourse.The planned offering remains subject to shareholder approval and regulatory clearances from the China Securities Regulatory Commission, the Hong Kong Stock Exchange and the Securities and Futures Commission of Hong Kong.Shares of the precision transmission device manufacturer rose 2% in recent trade.

Hang SengSHA:688017

Asia48d ago

Leader Harmonious Drive Systems Sees Project Delay Due to Low Capacity Utilization

Leader Harmonious Drive Systems (SHA:688017) faces a two-year delay for a project funded by a private placement of shares due to low capacity utilization in its early stages, according to a Friday filing with the Shanghai bourse.The decision to delay the project deadline to Dec. 31, 2028 from Dec. 31, 2026, is due to "prudence" based on the project timeline.A private issuance that yielded 1.40 billion yuan is helping fund the project.

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