SHE:002396

2 stories mentioning SHE:002396Updated just now

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Star-net Communication's Unit Close to Finishing Process in Raising Stake in Subsidiary

Fujian Star-net Communication's (SHE:002396) unit, Fujian Star-Net Vision Information System, is almost finished raising its holdings in Sonoscape (Beijing) Technology, according to a weekend filing with the Shenzhen bourse.The artificial intelligence application services provider's shares jumped 4% at the close of Monday's trade.Star-Net Vision's stake will rise to 35.08% from 23.08% as a result.The former shareholders of Sonoscape's stake completed the tax filing and payment procedures regarding the change in ownership, but the industrial and commercial registration of the change has not yet been completed.

SHE:002396

Asia2h ago

Fujian Star-net Communication to Raise Stake in Guangzhou Xinde to 67%

Fujian Star-net Communication (SHE:002396) agreed to acquire a 46% stake in Guangzhou Xinde for 395.6 million yuan.The deal would raise the company's total holding to 67% in Guangzhou Xinde, which manufactures optical access equipment, according to a weekend filing with the Shenzhen bourse.Shares of the provider of information and communications technology infrastructure and artificial intelligence application services rose 4% in recent trade.

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