SHA:688668

3 stories mentioning SHA:688668Updated just now

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Dingtong Precision Metal to Raise 918 Million Yuan in Net Proceeds from Convertible Bond Issuance

Dongguan Dingtong Precision Metal (SHA:688668) plans to raise net proceeds of up to 918.4 million yuan from the issuance of 930 million yuan worth of convertible bonds, according to a Shanghai bourse filing on Monday.The proceeds will be used for the renovation of the parent company's headquarters, as well as the construction of a high-speed communication and liquid-cooling production base and a new energy BMS production base. Remaining funds will be used to supplement the Chinese communication connectors manufacturer's working capital.

SHA:688668

Asia17d ago

Dingtong Precision's Stock Price Fluctuates Above 30% on 'Overly Optimistic' Rumors on Liquid Cooling Business; Shares Rise 13%

Dongguan Dingtong Precision Metal (SHA:688668) stock fluctuated by more than 30% over the last three trading days amid "overly optimistic" rumors about the scale of the company's liquid-cooling business, according to a Friday disclosure to the Shanghai bourse.The communication connectors manufacturer closed at 362.40 yuan apiece on Thursday, amid gaining popularity in the liquid cooling sector.The company's liquid cooling business is in the small-batch supply stage and is expanding, but it cannot guarantee whether it can achieve large-scale mass production, it said."Intended communication does not equate to formal orders, and there is significant uncertainty regarding the continued availability, order size, and delivery schedule," Dingtong said.Shares rose 13% during the midday break on Friday.

SHA:688668

Asia66d ago

Dongguan Dingtong Precision Metal's Attributable Profit Jumps 52% in Q1

Dongguan Dingtong Precision Metal's (SHA:688668) attributable profit rose 52% to 80.3 million yuan in the first quarter from 52.9 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the communication connectors manufacturer increased 53% to 0.58 yuan from 0.38 yuan in the prior-year period.Operating income grew 21% year over year to 457.4 million yuan from 378.7 million yuan.

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