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Unpleasant Surprises Could Be In Store For Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd's (SZSE:300678) Shares
Chengdu Information Technology of Chinese Academy of Sciences (300678.SZ): a wholly owned subsidiary has established a branch company in Tianfu New Area, Sichuan.
Chengdu Information Technology of Chinese Academy of Sciences (300678.SZ) announced on July 12th that its wholly-owned subsidiary, Chengdu Zhongke Information Technology Co., Ltd., (referred to as "Chengdu Zhongke") has established a branch in the Tianfu New Area of Sichuan for the development of its smart medical business operations, and has recently completed the registration procedures for industrial and commercial registration, and obtained the business license issued by the Tianfu New Area Administration for Industry and Commerce of Sichuan province.
Chengdu Information Technology of Chinese Academy of Sciences (300678.SZ) has not yet entered the field of new energy fund autos and smart driving.
Chengdu Information Technology of Chinese Academy of Sciences (300678.SZ) stated on the investor interaction platform that the company's high-speed machine vision and intelligent analysis technology continues to maintain an internationally advanced and domestically leading level. In recent years, the company has developed intelligent loading robots (Phase I) in cooperation with Sichuan Road & Bridge Group, using machine vision and intelligent analysis, autonomous driving, and engineering construction full automation technologies. The robots have passed the acceptance and started trial use while the intelligent paving robots are currently undergoing testing. The company has not yet entered the field of smart driving for new energy autos. The company focuses on four major sectors, namely smart government affairs, intelligent manufacturing, smart city, and smart health, to deeply cultivate artificial intelligence.
Does The Market Have A Low Tolerance For Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd's (SZSE:300678) Mixed Fundamentals?
Chengdu Information Technology of Chinese Academy of Sciences (stock code: 300678.SZ) plans to acquire 10% equity of a domestically controllable company.
Chengdu Information Technology of Chinese Academy of Sciences (300678.SZ) announced that it plans to acquire 10% of Sichuan Autonomous Controllable Electronic Information Industry Co., Ltd. (referred to as "Autonomous Controllable Company") held by Beijing Wanlihong Technology Co., Ltd. (referred to as "Wanlihong"), with a capital contribution of 10 million yuan. After the completion of this transaction, Sichuan Development Asset Operation and Investment Management Co., Ltd. (referred to as "Chuanfa Assets") will hold 90.00% of the target company's equity, and the company will hold 10.00% of the target company's equity. Wanlihong will no longer hold the equity of the target company.
The Three-year Decline in Earnings Might Be Taking Its Toll on Chengdu Information Technology of Chinese Academy of SciencesLtd (SZSE:300678) Shareholders as Stock Falls 6.8% Over the Past Week
Chengdu Information Technology of Chinese Academy of SciencesLtd's (SZSE:300678) One-year Total Shareholder Returns Outpace the Underlying Earnings GrowthNo Data
