SHA:688629

2 stories mentioning SHA:688629Updated just now

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Huafeng Tech Raises 969 Million Yuan Through Private Placement

Sichuan Huafeng Technology (SHA:688629) raised net proceeds of 968.8 million yuan through a private placement of shares, according to a Shanghai bourse filing on Tuesday.The electrical connectors manufacturer placed 7,262,135 newly issued shares to 15 investors for 133.90 yuan apiece. The shares represent 1.55% of the company's total share capital after the placement.The company's shares slipped 1% during the morning trade.

SHA:688629

Asia49d ago

Huafeng Technology's Q1 Profit Surges 230%, Revenue Jumps 56%; Shares Down 6%

Sichuan Huafeng Technology's (SHA:688629) net profit attributable to shareholders in the first quarter surged 230% to 105 million yuan from 31.8 million yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share soared 229% year on year to 0.23 yuan from 0.07 yuan.Operating revenue jumped 56% to 633 million yuan from 405.5 million yuan in the prior year.The electrical connectors manufacturer's shares slumped less than 6% during the afternoon trade.

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