SHE:002281

Accelink Raises 3.48 Billion Yuan from Share Placement; Shares Up 3%

Accelink Technologies (SHE:002281) raised net proceeds of 3.48 billion yuan from a share placement, according to a Shenzhen bourse filing on Thursday.The company placed nearly 20.9 million shares for 167.55 yuan apiece to eight investors, including China Information and Communication Technologies Group and Caitong Fund Management.The listing of the newly issued shares will be effective June 16.The optical components and subsystems producer's shares rose 3% during the morning trade.

Accelink Technologies to Use Share Placement Proceeds to Replace Funds; Shares Up 3%

Accelink Technologies (SHE:002281) decided to use part of the proceeds from its private share placement to replace funds invested in some projects and expenses, according to a Shenzhen bourse filing on Tuesday.The company previously raised net proceeds worth 3.48 billion yuan from the share placement.Part of the proceeds will be used to replace the 164.7 million yuan invested in a computing center project and the 1.8 million yuan that was used to pay issuance expenses.The optical components and subsystems producer's shares rose 3% during the morning trade.

Nomura Adjusts Accelink Technologies' Price Target to 158.50 Yuan from 80 Yuan, Keeps at Buy

Accelink Technologies Q1 Profit Rises 60%; Shares Climb 3%

Accelink Technologies (SHE:002281) posted first-quarter attributable net profit of 239.9 million yuan, up 60% from 150.2 million yuan the previous year.Earnings per share rose to 0.30 yuan from 0.19 yuan, according to a Thursday filing with the Shenzhen bourse.Revenue rose 25% year over year to 2.77 billion yuan from 2.22 billion yuan.Shares of the optical components and subsystems producer were up 3% in recent trade.

Accelink's 2025 Profit Jumps 43%, Revenue Climbs 44%

Accelink Technologies' (SHE:002281) net profit attributable to shareholders in 2025 jumped 43% year on year to 946.3 million yuan, or 1.20 yuan per share, according to a Shenzhen bourse filing on Thursday.The attributable profit a year earlier was 661.3 million yuan, or 0.84 yuan per share.Operating revenue climbed 44% to 11.9 billion yuan from 8.27 billion yuan in the preceding year.The Chinese optical components and subsystems producer's rose 1% during the morning trade.