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China Aerospace Times Electronics (600879.SH): intends to increase the operating assets of the micro-electromechanical system and electromechanical component business by 125 million yuan to Plemen Company.
On August 14th, Guolong News reported that China Aerospace Times Electronics (600879.SH) announced that in order to accelerate the development of the company's electromechanical component business and achieve the transformation and upgrading of the business of Primus Corporation, the company plans to increase the operational assets of its MEMS-based electromechanical component business by RMB 125.1292 million to Primus Corporation. Through this capital increase, the MEMS-based electromechanical component business under the parent company system is injected into Primus Corporation for independent operation, which is conducive to the sustainable development of this part of the electromechanical component business, the establishment of a modern enterprise system with clear property rights, clear rights and responsibilities, rational decision-making, and scientific management, and also in line with the SASAC's special emphasis on improving the quality of listed companies.
China Aerospace Times Electronics Disposes 51% Stake in Aerospace Electric; Shares Down 3%
China Aerospace Times Electronics (600879.SH): The venture capital of China Aerospace plans to reduce its shareholding by no more than 0.32%.
China Aerospace Times Electronics (600879.SH) announced that due to the expiration of the fund, China Aerospace Venture Capital plans to reduce the shareholding of the company by a total of no more than 10,705,068 shares in centralized bidding or bulk trading from August 26, 2024 to November 25, 2024, which is not more than 0.32% of the total share capital of the company.
China Aerospace Times Electronics (SHSE:600879) Investors Are up 9.2% in the Past Week, but Earnings Have Declined Over the Last Five Years
China Aerospace Times Electronics (600879.SH): The sensor products are mainly used in the aerospace industry and cannot be directly applied to self-driving cars.
On July 30th, Gelunhui reported that China Aerospace Times Electronics (600879.SH) stated on the interactive platform that the basic principles of the technology used in sensor products are basically the same across all industries. The company's sensor products are mainly used in the aerospace field and cannot be directly applied to the self-driving car industry.
China Aerospace Times Electronics (600879.SH): providing supporting products for satellite network construction.
China Aerospace Times Electronics (600879.SH) stated on the interactive platform on July 30th that the company provides supporting products for satellite network construction. The company can provide various supporting products such as satellite payloads and can provide the main payload for some satellites (such as the Fengyun-3 satellite).
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