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Do Its Financials Have Any Role To Play In Driving Lingyi ITech (Guangdong) Company's (SZSE:002600) Stock Up Recently?
Express News | Lingyi Itech Says It Plans to Buy 66.5% Stake in Auto Parts Maker via Cash and Bond Issue
Lingyi Itech (002600.SZ): plans to acquire 66.46% of Jiangsu Keda's equity and will quickly enter the autos trim industry.
Gelonghui December 6th | Lingyi iTech (002600.SZ) announced the issuance of convertible corporate bonds, payment of cash to purchase assets, and raised funds plan. Guangdong Lingyi iTech Co., Ltd. intends to purchase a total of 66.46% equity of Jiangsu Keda held by Changzhou Yourong, Shanghai Maihuan, Zhejiang Wanliyang Management, Wuhu Hua'an, Changzhou Qingfeng, Changzhou Xingyuan, Changzhou Chaoling, and Jiangsu XINBAO through the issuance of convertible corporate bonds and payment of cash, and intends to issue shares to raise matching funds to no more than 35 specific objects. The target company of this transaction is a professional manufacturer of automotive dashboards,
Tianfeng: Stimulus of domestic demand + resonance of product cycles, bullish on the consumer electronics industry chain.
The continuous stimulus from policies is expected to drive the demand release for consumer electronics through trade-in programs, remaining bullish on the subsequent policy efforts to promote consumer electronics upgrades.
Lingyi itech (002600.SZ) has spent 59.947 million yuan to repurchase 12.3908 million shares.
Lingyi Itech (002600.SZ) announced that, as of November 30, 2024, the company has cumulatively repurchased...
Why Lingyi ITech (Guangdong) Company (SZSE:002600) Could Be Worth Watching
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