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SHA:688120

5 stories mentioning SHA:688120Updated 39d ago

Every FINWIRES story that references SHA:688120, newest first.

Asia

Hwatsing Technology Seeks Up to 3.8 Billion Yuan Via Private Placement; Shares Rise 5%

Hwatsing Technology (SHA:688120) is looking to raise up to 3.80 billion yuan from the issuance of up to 49.5 million shares to 35 investors in a private placement, according to a prospectus filed Wednesday with the Shanghai bourse.The company plans to use the proceeds from the issuance to fund its integrated circuit equipment research and development and manufacturing base, a wafer regeneration expansion project, and its semiconductor equipment R&D project.Shares rose 5% during the midday break on Wednesday.

SHA:688120
Asia

Hwatsing Technology Plans Up to 3.8-Billion-Yuan Private Placement

Hwatsing Technology (SHA:688120) filed a revised plan to raise up to 3.80 billion yuan via a private placement of A-shares, according to a Monday filing with the Shanghai bourse.The funds will finance the integrated circuit equipment research and development and manufacturing base, wafer reclaiming expansion, and high-end semiconductor equipment research and development projects.The placement remains subject to Shanghai bourse review and registration with the China Securities Regulatory Commission.

SHA:688120
Asia

Hwatsing Technology to Raise 400 Million Yuan from Private Placement

Hwatsing Technology (SHA:688120) plans to raise up to 400 million yuan from the sale of 35.4 million shares to 35 investors under a private placement, according to a Friday filing with the Shanghai bourse.Proceeds will be used to fund integrated circuit and semiconductor equipment research and development, as well as wafer regeneration and expansion projects, the filing said.

SHA:688120
Asia

Hwatsing Technology's Attributable Profit Rises 6% in Q1

Hwatsing Technology's (SHA:688120) attributable profit rose 6% to 247.3 million yuan in the first quarter from 233.4 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the semiconductor equipment product manufacturer increased 6% to 0.70 yuan from 0.66 yuan in the prior-year period.Operating income grew 32% year over year to 1.20 billion yuan from 912.5 million yuan.

SHA:688120
Asia

Hwatsing Technology Scraps Hong Kong Listing Plan; Shares Down 3%

Hwatsing Technology (SHA:688120) decided to terminate plans to issue and list shares on the Hong Kong Stock Exchange, according to a Thursday disclosure on the Shanghai bourse.The decision was made after considering the external macroeconomic environment, capital market conditions and the Chinese semiconductor equipment manufacturer's development plans.The company's shares dropped 3% at the opening of the trade.

SHA:688120

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