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SHA:688469

3 stories mentioning SHA:688469Updated 5d ago

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Asia

United Nova Divests Authorization for Propriety Technologies for 1.21 Billion Yuan; Shares Up 3%

United Nova Technology (SHA:688469), along with some of its subsidiaries, plans to divest the authorization of supporting patents and non-patent proprietary technologies for a consideration 1.21 billion yuan, according to a Shanghai bourse filing on Friday.Xinlian Advanced Integrated Circuit Manufacturing (Shaoxing) will acquire the rights to the technologies for the establishment of an automotive-grade mixed-signal integrated circuit manufacturing line, which produces 50,000 12-inch automotive-grade mixed-signal wafers every month.The power discrete and modules manufacturer's shares rose 3% during the afternoon trade.

SHA:688469
Asia

United Nova Technology's Attributable Loss Narrows in Q1; Shares Slide 5%

United Nova Technology's (SHA:688469) attributable loss narrowed to 88.4 million yuan in the first quarter from 182.3 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai bourse.The power discrete and modules manufacturer logged a loss per share of 0.01 yuan, narrowing from 0.03 yuan in the prior-year period.Operating income grew 13% year over year to 1.96 billion yuan from 1.73 billion yuan.Shares decreased 5% during the midday break on Tuesday.

SHA:688469
Asia

United Nova Technology's 2025 Loss Narrows; Shares Slump 5%

United Nova Technology's (SHA:688469) net loss attributable to shareholders narrowed year on year to 594.9 million yuan, or 0.08 yuan per share, according to the company's annual report published Tuesday on the Shanghai bourse.The current attributable loss is an adjustment from the previously published preliminary figures in February.The attributable loss a year earlier was 962.2 million yuan, or 0.14 yuan per share.Operating revenue jumped 26% to 8.18 billion yuan from 6.51 billion yuan in the previous year.The Chinese power discrete and module manufacturer's shares dipped over 5% during the morning trade.

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