FINWIRES · TerminalLIVE
FINWIRES

SHA:688525

7 stories mentioning SHA:688525Updated just now

Every FINWIRES story that references SHA:688525, newest first.

Asia

BIWIN Storage Expects Stake in Subsidiary to Decline After Capital Raise

BIWIN Storage Technology's (SHA:688525) holdings in its subsidiary, Guangdong Xincheng Hanqi Semiconductor Technology, are expected to decline after the latter raises its capital and expands its registered capital, according to a weekend disclosure on the Shanghai bourse.The semiconductor company's shares fell 2% during Monday's morning trade.The total financing round will be up to 600 million yuan and external investors are expected to acquire up to 23% of Xincheng Hanqi.The company's stake in Xincheng Hanqi is expected to drop up to 52.5% from 68.3%.

SHA:688525
Asia

BIWIN Expects Return to Profit in H1

BIWIN Storage Technology (SHA:688525) expects to post an attributable profit of between 700 million yuan and 750 million yuan in the first half, rebounding from an attributable loss of 225.8 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.The semiconductor company expects revenue to surge 283% to 309% to between 15 billion yuan and 16 billion yuan.BIWIN attributed the forecast to an "explosive" growth of artificial intelligence computing power and higher investment in chip design, as well as advanced packaging and testing.Shares fell 6% during morning trading on Thursday.

SHA:688525
Asia

BIWIN Storage Technology to Invest 21 Million Yuan in Zhenbao Technology IPO

Biwin Storage Technology (SHA:688525) subsidiary Hainan Nanbaixuan will invest 20.9 million yuan to acquire 468,146 shares in Chongqing Zhenbao Technology's initial public offering on Shanghai's Star Market.The company's packaging business requires equipment components that Chongqing Zhenbao Technology supplies, including quartz, silicon and ceramic parts, according to a Thursday filing with the Shanghai bourse.Shares of the chip manufacturer slid 2% in recent trade.

SHA:688525
Asia

Biwin Storage Technology to Buy Enterprise-Grade Flash Memory Chips Worth $1.86 Billion; Shares Jump 5%

Chinese memory chipmaker Biwin Storage Technology (SHA:688525) plans to purchase enterprise-grade flash memory chips worth $1.86 billion from an unnamed storage manufacturer, according to a Wednesday filing with the Shanghai bourse.The contract, with fixed quantities and prices, covers a total commitment period of 24 months.Shares of the company jumped nearly 5% in recent trade.

SHA:688525
Asia

Biwin Storage Unit to Own Stake in Xingyun Integrated Circuit Through 10 Million Yuan Capital Raise; Shares Up 3%

Biwin Storage Technology's (SHA:688525) subsidiary, Hainan Nanbaisuan Technology, plans to own 1.1% in Beijing Xingyun Integrated Circuit for 10 million yuan, according to a Shanghai bourse filing on Wednesday.The acquisition will be made through capital increase.Two other investors also participated in Xingyun Integrated Circuit's fundraising round.The chip manufacturer's shares jumped 3% during the afternoon trade.

SHA:688525
Asia

BIWIN Storage Technology Resubmits Hong Kong Offering Application

BIWIN Storage Technology (SHA:688525) resubmitted its application for a share offering on the Hong Kong Exchange, according to a Thursday bourse filing in Shanghai.Huatai International is the sole sponsor of the offering, according to documents submitted Wednesday.The chip manufacturer plans to use the proceeds from its planned offering to boost research and development, enhance sales and marketing and customer service operations, fund mergers and acquisitions, and for working capital.BIWIN first submitted its application in October 2025.

SHA:688525
Asia

BIWIN Storage Technology Returns to Profit in Q1 on 342% Surge in Operating Income

BIWIN Storage Technology (SHA:688525) returned to an attributable profit of 2.90 billion yuan in the first quarter from a loss of 197.5 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.The semiconductor manufacturer logged 5.96 yuan in earnings per share compared with a loss per share of 0.46 yuan in the prior-year period.Operating income surged 342% year over year to 6.81 billion yuan from 1.54 billion yuan.Shares decreased 1% during morning trading on Thursday.

SHA:688525

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:688525 in your portfolio
WheelAI
WheelAI
Analyze SHA:688525 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:688525