SHE:002126

4 stories mentioning SHE:002126Updated 7d ago

Every FINWIRES story that references SHE:002126, newest first.

Yinlun Machinery Becomes Eligible to Redeem 700 Million Yuan Convertible Bonds

Zhejiang Yinlun Machinery (SHE:002126) said it is eligible to redeem convertible bonds worth 700 million yuan after the early redemption clause was triggered, according to a Shenzhen bourse filing on Tuesday.The six-year Yinlun Convertible Bond was issued in 2021 and has a conversion price of 10.27 yuan per share.The auto parts manufacturer has the option to redeem the bond if its stock closes at or above 130% of its current conversion price within 15 trading days. The company's stock closed at or above 13.35 yuan per share between May 27 and June 8.The board of directors plans to conduct a meeting to discuss whether to redeem the convertible bonds early or not.The company's shares rose 2% during the morning trade.

SHE:002126

Asia26d ago

Zhejiang Yinlun Machinery Subsidiary to List in Beijing

Zhejiang Yinlun Machinery's (SHE:002126) subsidiary Jiangsu Langxin Electric will list on the Beijing Stock Exchange effective Friday, according to a Thursday filing with the Shanghai bourse.The auto parts manufacturer seeks to offer up to 13.2 million shares at 28.29 yuan apiece.Once the offering is completed, Jiangsu Langxin Electric's share capital will rise to 66.2 million shares.Following the listing in Beijing, the subsidiary delisted from the National Equities Exchange and Quotations.

SHE:002126

Asia62d ago

Yinlun Machinery's Unit to Buy Land for 1.9 Million Yuan

Zhejiang Yinlun Machinery's (SHE:002126) unit, Chibi Yinlun Industrial Heat Exchanger, plans to purchase an industrial land parcel for 1.9 million yuan, according to a Wednesday disclosure on the Shenzhen bourse.The land, measuring 7,272.76 square meters, is located in the Wangjiabao Community on Chimagang Street, Chibi City, Hubei Province, China and will be used for the expansion of its production capacity.Chibi Yinlun will sign an asset purchase agreement with related party, Hubei Yinlun Hoisting Machinery, for the land purchase.

SHE:002126

Asia62d ago

Yinlun Machinery's 2025 Profit Jumps 22%, Revenue Climbs 23%; Shares Up 3%

Zhejiang Yinlun Machinery's (SHE:002126) net profit attributable to shareholders in 2025 jumped 22% to 957.2 million yuan from 783.5 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share rose year on year to 1.11 yuan from 0.92 yuan.Operating revenue climbed 23% to 15.7 billion yuan from 12.7 billion yuan in the previous year.The Chinese oil cooler manufacturer's shares jumped less than 3% during the morning trade.

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