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The Recent CN¥456m Market Cap Decrease Is Likely to Have Disappointed Insiders Invested in Fullink Technology Co.,Ltd (SZSE:301067)
Xianying Technology (301067.SZ): Share repurchase completed, with a total expenditure of 20.1979 million yuan to repurchase 0.8904 million shares.
Gelonghui, February 7th – Xianying Technology (301067.SZ) announced that as of the date of this announcement, the share buyback period has expired, and the share buyback plan has been fully implemented. The implementation period for the buyback was from April 15, 2024, to February 6, 2025. The company has accumulated a total of 890,400 shares repurchased through a dedicated securities account for share buybacks via centralized bidding, accounting for 0.9157% of the company's current total share capital. The highest fill price for the repurchase was 33.46 yuan/share, the lowest fill price was 17.05 yuan/share, and the total amount of the transactions was 20.197862 million yuan (excluding transaction fees.
Is Fullink Technology Co.,Ltd's (SZSE:301067) Stock Price Struggling As A Result Of Its Mixed Financials?
Xianying Technology: Shenzhen Xianying Technology Co., Ltd. 2024 Annual Performance Forecast
Xianying Technology (301067.SZ): Plans to transfer 51% equity of its controlling subsidiary Dongguan Runzhong.
On January 8, Glonghui reported that Xianying Technology (301067.SZ) announced that due to changes in domestic and international markets, Dongguan Runzhong Electronics Co., Ltd. (hereinafter referred to as "Dongguan Runzhong" or "symbol company") was affected, and its Operating performance did not meet expectations. According to the financial data provided by Dongguan Runzhong, there is a significant discrepancy between the accumulated performance of Dongguan Runzhong in 2023 and 2024 and the promised performance, and it is expected that the performance commitments stipulated in the "Supplementary Agreement of the Equity Transfer Agreement" will not be achieved. Shenzhen Xianying Technology Co., Ltd. is taking actions from the perspectives of recovering investment funds and safeguarding the legitimate rights and interests of the company and Shareholders, and also considering the self.
Fullink TechnologyLtd's (SZSE:301067) Returns On Capital Not Reflecting Well On The Business