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SHA:688766

4 stories mentioning SHA:688766Updated just now

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Asia

Puya Semiconductor to Acquire Remaining 49% Stake in Nuoya Changtian for 247 Million Yuan

Puya Semiconductor Shanghai (SHA:688766) plans to acquire the remaining 49% equity of Nuoya Changtian from Zhuhai Nuoyan, Yuanhe Puhua and Hengqin Qiangke.The deal, valued at 247.1 million yuan, will be funded through a combination of shares, convertible corporate bonds and cash.After completion, Nuoya Changtian will become a wholly-owned subsidiary.Shares of the semiconductor device producer rose 10% in recent trade.

SHA:688766
Asia

Puya Semiconductor Shanghai H1 Profit Surges 1930%; Shares Down 8%

Puya Semiconductor Shanghai (SHA:688766) posted first-half attributable net profit of 826.7 million yuan, up 1,930% from 40.7 million yuan the previous year.Earnings per share jumped to 5.57 yuan from 0.36 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue rose 337% year over year to 3.96 billion yuan from 906.7 million yuan.Shares of the semiconductor device producer were down nearly 8% in recent trade.

SHA:688766
Asia

Puya Semiconductor Forecasts Surging H1 Profit, Revenue; Shares Fall 4%

Puya Semiconductor Shanghai (SHA:688766) forecasted first-half attributable net profit of 825.0 million yuan, surging 1,925% from 40.7 million yuan the previous year.Operating revenue is expected to rise 336% year over year to 3.95 billion yuan from 906.7 million yuan, according to a Friday filing with the Shanghai bourse.The growth is fueled by surging artificial intelligence infrastructure demand that drove memory chip prices higher as well as expanding company product penetration.Shares of the semiconductor device producer were down 4% in morning trade.

SHA:688766
Asia

Puya Semiconductor Shanghai Chair Proposes Share Buyback of Up to 50 Million Yuan; Shares up 18%

Puya Semiconductor Shanghai (SHA:688766) Chairman Wang Nan proposed a share repurchase of between 30 million yuan and 50 million yuan following a 20% decline in the company's share price over 20 consecutive trading days, according to a Tuesday filing with the Shanghai bourse.The repurchase price will not exceed 150% of the 30-day average trading price before board approval.Shares of the semiconductor device producer rose nearly 18% in recent trade.

SHA:688766

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