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SHE:002859

3 stories mentioning SHE:002859

Every FINWIRES story that references SHE:002859, newest first.

Asia

Zhejiang Jiemei Electronic And Technology to Invest 700 Million Yuan in New Electronic Materials Plant

Zhejiang Jiemei Electronic and Technology (SHE:002859) unit Zhejiang Jiemei Electronic Materials signed an investment contract to build a 700-million-yuan facility for high-end electronic component packaging materials.The 50,000-ton-per-year project is located in Anji County's Lingang Industrial Park in Zhejiang, China, according to a weekend filing with the Shenzhen bourse.Partial production is targeted for December 2028. Total project investment is 700 million yuan.The expansion aims to meet growing downstream demand, upgrade equipment, reduce costs and enhance green production through centralized facilities.Shares of the electronic components manufacturer closed 10% higher Monday.

SHE:002859
Asia

Jiemei Electronic and Tech to Redeem Early 600 Million Yuan Convertible Bond; Shares Down 3%

Zhejiang Jiemei Electronic and Technology (SHE:002859) plans to early redeem convertible bonds worth up to 600 million yuan on June 23, according to a Shenzhen bourse filing on Friday.The Jiemei Convertible Bond will be redeemed for 101.27 yuan per bond.The convertible bond's last trading day will be on June 16 and its last conversion day is on June 22.The electronic components manufacturer's shares fell 3% during the midday trade.

SHE:002859
Asia

Jiemei Electronic and Technology Says No Material Changes to Explain Share Price Surge

Zhejiang Jiemei Electronic and Technology (SHE:002859) said there is no undisclosed material information or changes in its operations that could explain its recent stock movement.The company's stock posted cumulative price increase deviations exceeding 20% over three consecutive trading days through June 1, according to a Tuesday filing with the Shenzhen bourse.Shares of the electronic components manufacturer were up 7% Tuesday.

SHE:002859