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SHE:300017

4 stories mentioning SHE:300017Updated 1h ago

Every FINWIRES story that references SHE:300017, newest first.

Asia

Wangsu Science & Technology Sells Hong Kong Unit to Related Party

Wangsu Science & Technology (SHE:300017) is selling wholly-owned Hong Kong Seaga to Hong Kong Cloudsway, a unit controlled by former director Liu Chengyan, for $101,289.The deal fulfills obligations from the company's 2025 sale of Hong Kong Cloudsway shares, which required transferring certain MSP business contracts, according to a Tuesday aftermarket filing with the Shenzhen bourse.Shares of the technology services provider rose 2% in recent trade.

SHE:300017
Asia

Wangsu Science & Technology to Increase Budget for Transactions with Related Party

Wangsu Science & Technology (SHE:300017) increased the budget for related-party transactions with Singaporean company Cloudsway to 360.3 million yuan from 250.6 million yuan, according to a Wednesday after-hours filing with the Shenzhen Stock Exchange.The transactions are related to the sale of Wangsu subsidiary Hong Kong Wangsu of its 100% stake in Hong Kong Shenjia Technology to Cloudsway subsidiary Hong Kong Cloudsway, the filing said.As some overseas procurement contracts have not yet been finalized, Wangsu will temporarily purchase resources through Hong Kong Shenjia after the sale, the filing said.Cloudsway actual controller, Liu Chengyan, holds more than 5% of the shares in Wangsu.Shares rose 2% during afternoon trading on Wednesday.

SHE:300017
Asia

Wangsu Science & Technology Q1 profit Down 37%, Revenue Declines 10%

Wangsu Science & Technology (SHE:300017) posted first-quarter attributable net profit of 120.7 million yuan, down 37% from 191.8 million yuan the previous year.Earnings per share slid to 0.0485 yuan from 0.0782 yuan, according to a weekend filing on the Shenzhen bourse.Operating revenue declined 9.7% year over year to 1.12 billion yuan from 1.23 billion yuan.Shares of the information infrastructure platform services company declined 5% Monday.

SHE:300017
Asia

Wangsu Science & Technology's Attributable Profit Jumps 19% in 2025

Wangsu Science & Technology's (SHE:300017) attributable profit rose 19% to 799.5 million yuan in 2025 from 674.5 million yuan in 2024, according to a Wednesday filing with the Shenzhen bourse.Earnings per share at the information infrastructure platform services company increased 19% to 0.32 yuan from 0.27 yuan in the previous year.Operating income declined 5.5% year over year to 4.66 billion yuan from 4.93 billion yuan.Shares decreased 2% during afternoon trading on Wednesday.

SHE:300017

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