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SHE:002025

4 stories mentioning SHE:002025Updated just now

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Asia

Guizhou Space Appliance Unit to Invest 94 Million Yuan in Capacity Expansion

Guizhou Space Appliance (SHE:002025) subsidiary Suzhou Huazhan Aerospace Electric Appliances will invest 94.4 million yuan to expand its high-speed module production capacity, according to a Tuesday filing with the Shenzhen Stock Exchange.The 24-month project involves adding 14 units of process equipment to build new high-speed module production lines and renovating 3,370 square meters of factory space.The expansion will add a production capacity of 30,000 high-speed module sets annually to meet growing demand from customers in sectors such as data centers and AI computing servers.

SHE:002025
Asia

Guizhou Space Appliance Appoints CFO

Guizhou Space Appliance (SHE:002025) appointed Zheng Xingchun as chief financial officer.Zheng recently served as chief accountant, chief compliance officer and general legal counsel of Guizhou Aerospace Fenghua Precision Equipment, according to a Tuesday filing with the Shenzhen bourse.Shares of the electronic components manufacturer were down 1% in recent trade.

SHE:002025
Asia

Guizhou Space Appliance Unit Seeks Up to 90 Million Yuan in Capital Increase

Guizhou Space Appliance (SHE:002025) controlling unit Taizhou Hangyu plans to raise up to 90 million yuan through public listing to fund new plant and production line construction for circular connectors, metal package housings and ceramic interconnect products.The company will inject no less than 46 million yuan to maintain its 51% majority stake, with existing shareholders Chang Xu and Dai Weiming contributing 5 million yuan and 3 million yuan, respectively, according to a Wednesday filing with the Shanghai bourse.Shares of the electronic components manufacturer were down 2% in recent trade.

SHE:002025
Asia

Guizhou Space Appliance Completes Buyback, Cancellation of Over 1.3 Million Shares; Shares Down 6%

Guizhou Space Appliance (SHE:002025) completed the repurchase and cancellation of over 1.3 million restricted shares worth 60.9 million yuan, involving 231 incentive recipients.The move follows the company's failure to meet 2025 performance targets, according to a Monday filing with the Shenzhen bourse.The share cancellation reduced total share capital to 454 million shares from 455.4 million shares.Shares of the cable manufacturer were down 6% in recent trade.

SHE:002025

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