SHE:000670

2 stories mentioning SHE:000670Updated just now

Every FINWIRES story that references SHE:000670, newest first.

Infotmic to Divest Stake in Inactive Subsidiary

Infotmic (SHE:000670) will sell its entire stake in subsidiary Changxing Xinyuan Industrial Technology to Changxing Xinyuan Enterprise Consulting for 10.4 million yuan, according to a Thursday filing with the Shenzhen bourse.The subsidiary has not conducted any business activities in recent years, Infotmic said.The sale will help the listed company enhance its asset structure and focus on its core operations, the integrated circuit chip company said in its filing.

SHE:000670

Asia2h ago

Infotmic Subsidiary to Invest in JV

Infotmic (SHE:000670) subsidiary Shanghai Yinfang Microelectronics will invest in an electronic components trading joint venture with two other companies, according to a Thursday filing with the Shenzhen bourse.Shanghai Yinfang Microelectronics will invest 5.1 million yuan in Yinfang Chuandxin Electronics (Shenzhen), equivalent to a 51% stake. Anmei AI Technology will invest 3.9 million yuan for a 39% stake, while Lanhong Zhichuang (Shenzhen) Enterprise Management Partnership will invest 1 million yuan, equivalent to 10%.The JV will integrate procurement, customer, and sales channels.

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