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Victory Giant Technology (300476.SZ): Plans to repurchase company stocks with a value of 70 million yuan to 0.14 billion yuan.
On September 13, Sheng Hong Technology (300476.SZ) announced that the company plans to repurchase a portion of the RMB ordinary shares (A shares) issued by the company using its own funds. The total amount of the repurchase in this centralized bidding trading method shall not be less than RMB 70 million and shall not exceed RMB 140 million (including the amount of the repurchased shares), and the repurchase price shall not exceed RMB 47.59 per share. The repurchase period is within 12 months from the date of approval of the repurchase plan by the board of directors. The repurchased shares will be used for stock-based incentive plans or employee stock ownership plans.
These 4 Measures Indicate That Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) Is Using Debt Reasonably Well
Huafu Securities: The fundamentals of domestic computing power are basically positive and the trend remains unchanged. Seize investment opportunities in market fluctuations.
On September 4th, Nvidia's stock price plummeted 9.5%, causing a market cap loss of $279 billion, the largest single-day decline in US stock market history. This may be due to the US Department of Justice escalating its antitrust investigation into Nvidia, or it could be influenced by macroeconomic factors in the USA.
Results: Victory Giant Technology (HuiZhou)Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Victory Giant Technology's H1 Profit Jumps 33%, Operating Income Climbs 32%
Victory Giant Technology earned 0.459 billion yuan in the first half of the year, with the help of MFS consolidation boosting its performance.| Interpretations
Victory giant technology has achieved double growth in revenue and net profit in H1 this year, reaching a new high in the same period since its listing. The main driving factors for performance include the revenue growth of the MFS group, which has been consolidated, mass production of high-end products such as AI computing power, cost reduction and efficiency improvement.
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