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SHE:000938

10 stories mentioning SHE:000938Updated 9d ago

Every FINWIRES story that references SHE:000938, newest first.

Asia

Unisplendour Sees No Reason for Recent Stock Price Deviation

Unisplendour (SHE:000938) did not record any significant changes in its operating conditions amid a deviation of its stock price, according to a Thursday filing with the Shenzhen bourse.The digital and artificial intelligence company's closing price deviated by more than 20% across three straight trading sessions from July 20 to July 22.Following an internal investigation and verification with its controlling shareholder and actual controller, the company said it has no undisclosed material information, plans, or negotiations that may have had a significant impact on its stock price.Shares closed 5% lower on Thursday.

SHE:000938
Asia

Unisplendour to Refinance 8.5 Billion Yuan Debt

Unisplendour (SHE:000938) plans to refinance 8.52 billion yuan in debt it took in 2024 to fund its acquisition of H3C Group, according to a Shenzhen Stock Exchange filing on Wednesday.The semiconductor manufacturer's board approved a proposal for its subsidiary, Tsinghua Unigroup International, to apply for a new M&A bank loan.The funds will be used entirely to pay off the outstanding balance of the 8.97 billion yuan syndicated loan it secured in August 2024.Unisplendour currently holds an 87.98% controlling stake in H3C.The new loan's term will not exceed six years, with the final maturity date expected to be no later than Aug. 28, 2031.

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Asia

China Shares Fall on Escalating US-Iran Hostilities; Unisplendour Jumps 9%

Chinese shares closed lower on Tuesday as the U.S.-Iran conflict continued to escalate.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.9% lower at 3,882.41. The Shenzhen Component Index plummeted 2.0% to 14,488.65.U.S. forces have pressed ahead with a fifth day of attacks on Iranian targets, describing the campaign as an effort to weaken Iran's capability to strike vessels in the strategic Strait of Hormuz.Citing unnamed sources, CNN reported that U.S. President Donald Trump is actively considering broadening the scope of the military action.Meanwhile, Chinese President Xi Jinping is expected to outline the state's policy stance on artificial intelligence at his first attendance at the World Artificial Intelligence Conference in Shanghai. The event comes as Beijing prepares for Xi's meeting with Trump for their first government-level discussion on AI.In company news, Unisplendour (SHE:000938) said it will dilute its stake in subsidiary Unisplendour Computer Technology amid a 440-million-yuan capital increase. Unisplendour will waive its pre-emptive subscription rights, reducing its stake to 29.42% from 51%. Shares of the semiconductor company jumped 9% Thursday.

Shanghai Composite^SZSESHE:000938
Asia

Unisplendour to Dilute Stake in Computer Unit to 29.4%; Shares Up 9%

Semiconductor company Unisplendour (SHE:000938) said it will dilute its stake in subsidiary Unisplendour Computer Technology amid a 440-million-yuan capital increase.Unisplendour will waive its pre-emptive subscription rights, reducing its stake to 29.42% from 51%, with the subsidiary exiting consolidation, according to a Thursday filing with the Shenzhen bourse.One of the five investors of the capital increase, Haichen Huicai, will acquire a 12% stake in Unisplendour Computer Technology from five existing shareholders before the implementation of the capital increase.Shares of Unisplendour jumped 9% in recent trade.

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Asia

Nomura Adjusts Unisplendour's Price Target to 51 Yuan From 32 Yuan, Keeps at Buy

Unisplendour (SHE:000938) has an average rating of overweight and mean price target of 39.34 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SHE:000938
Asia

Unisplendour Sees Profit More Than Doubling in H1; Shares Down 4%

Unisplendour (SHE:000938) expects attributable net profit in the first half of 2026 to more than double to up to 232 million yuan from 104.1 million yuan a year earlier.The IT company forecasts net profit growth to range between 83.5% and 123% year over year.Basic earnings per share is predicted to grow to about 0.67 yuan to 0.81 yuan from 0.36 yuan a year earlier.Unisplendour attributed the forecast to strong demand for artificial intelligence computing power.Shares of the company fell 4% recently.

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Asia

Unisplendour Names Chairman

Unisplendour (SHE:000938) appointed Li Tao chairman, according to a Shenzhen bourse filing on a Shenzhen bourse filing on Tuesday.Li will take over from Yu Yingtao, who resigned due to personal reasons.The semiconductor company's shares jumped 10% at the close.

SHE:000938
Asia

Unisplendour Completes Acquisition of Additional Stake in H3C Holdings

Unisplendour (SHE:000938) completed the registration related to the acquisition of H3C Holdings, according to a Shenzhen bourse filing on Wednesday.The semiconductor company's subsidiary, Unis International Information Technology, is one of the seven owners of a 19% stake in H3C Group. The acquisition also raised the company's indirect shareholding in H3C to 87.98% from 81%.The Chinese information technology company's shares fell 2% at the close.

SHE:000938
Asia

Unisplendour Q1 Profit Jumps 126%, Revenue Up 35%

Unisplendour (SHE:000938) posted first-quarter attributable net profit of 787.9 million yuan, up 126% from 348.5 million yuan the previous year.Earnings per share rose to 0.2755 yuan from 0.1219 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 35% year over year to 28.0 billion yuan from 20.8 billion yuan.Shares of the semiconductor company were up 1% in recent trade.

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Asia

Unisplendour's 2025 Profit Rises 7%, Revenue Jumps 22%

Unisplendour's (SHE:000938) net profit attributable to shareholders in 2025 rose 7.2% year on year to 1.69 billion yuan, or 0.59 yuan per share, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 1.57 billion yuan, or 0.55 yuan per share.The Chinese semiconductor company's operating revenue jumped 22% to 96.7 billion yuan from 79 billion yuan in the previous year.

SHE:000938

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