SHE:002600

ITech Guangdong Provides $69 Million in Guarantees

Lingyi iTech Guangdong (SHE:002600) provided up to $69 million in guarantees, according to a Friday filing with the Shenzhen bourse.Subsidiary Triumph Lead Singapore issued a guarantee of up to $30 million to Hang Seng Bank for TLG Investment HK and LY Investment HK. The company also issued a guarantee of up to $39 million to China Merchants Bank for Triumph Lead.Shares of the artificial intelligence hardware intelligent manufacturing platform operator were down 2% in recent trade.

ITech Guangdong Proceeds With Hong Kong Listing Application

Lingyi iTech Guangdong (SHE:002600) is proceeding with its application to list and offer shares on the Hong Kong Stock Exchange, according to a Shenzhen bourse filing on Tuesday.The Hong Kong bourse held a listing hearing to review the Chinese artificial intelligence hardware manufacturer's listing application.

ITech Guangdong Proceeds With Hong Kong Issuance Plan; Shares Down 3%

Lingyi iTech Guangdong (SHE:002600) is proceeding with its proposed issuance of shares on the Hong Kong Stock Exchange, according to a Saturday filing on the Shenzhen bourse.Shares of the artificial intelligence hardware intelligent manufacturing platform operator dropped 3% during Monday's afternoon trade.The company received the filing notice for the issuance from the China Securities Regulatory Commission.

Lingyi iTech Guangdong Re-submits Hong Kong Listing Application; Shares Up 3%

Lingyi iTech Guangdong (SHE:002600) re-submitted its application to list H-shares on the main board of the Hong Kong Stock Exchange, according to a Friday fling with the Shenzhen bourse..Shares of the artificial intelligence hardware intelligent manufacturing platform operator rose 3% in recent trade.

Jefferies Adjusts Lingyi iTech (Guangdong)'s Price Target to 16 Yuan from 15 Yuan, Keeps at Hold

Lingyi iTech Q1 Profit Down 31%, Revenue Up 10%

Lingyi iTech Guangdong (SHE:002600) posted first-quarter attributable net profit of 391.6 million yuan, down 31% from 565.2 million yuan the previous year.Earnings per share declined to 0.05 yuan from 0.08 yuan, according to a Thursday filing on the Shenzhen bourse.The artificial intelligence hardware intelligent manufacturing platform operator's operating revenue went up 10% year over year to 12.6 billion yuan from 11.5 billion yuan.

Jefferies Downgrades Lingyi iTech (Guangdong) to Hold From Buy, Adjusts Price Target to 15 Yuan from 16 Yuan