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SHE:002028

3 stories mentioning SHE:002028Updated just now

Every FINWIRES story that references SHE:002028, newest first.

Asia

Sieyuan Electric to Invest 480 Million Yuan in Transformer Production Expansion; Shares Up 7%

Sieyuan Electric (SHE:002028) approved subsidiary Sieyuan Special Transformer's 480 million-yuan investment to expand transformer product production capacity.The investment involves acquiring project land use rights and building workshops for the production, assembly and turnover storage of transformer-related products, according to a Wednesday filing with the Shenzhen bourse.Shares of the power transmission and distribution equipment manufacturer rose 7% in recent trade.

SHE:002028
Asia

Sieyuan Electric's Unit to Spend 600 Million Yuan For Expansion Plans

Sieyuan Electric's (SHE:002028) unit, Jiangsu Rugao High Voltage Electrical Appliance, plans to invest 600 million yuan for its expansion and construction, according to a Thursday disclosure on the Shenzhen bourse.The funds will be used for Rugao High Voltage's production and business activities, as well as for the acquisition of land that will serve as its site.The power transmission and distribution equipment manufacturer's shares rose 1% during the morning trade.

SHE:002028
Asia

Sieyuan Electric's Q1 Profit Rises 23%, Revenue Climbs 42%; Shares Down 6%

Sieyuan Electric's (SHE:002028) net profit attributable to shareholders in the first quarter rose 23% year on year to almost 550 million yuan, or 0.70 yuan per share, according to a Shenzhen bourse filing on Saturday.The power transmission and distribution equipment manufacturer's shares dropped 6% during Monday's morning trade.The attributable profit a year earlier was 446.5 million yuan, or 0.57 yuan per share.Operating revenue climbed 42% to 4.57 billion yuan from 3.23 billion yuan in the previous year.

SHE:002028

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