Shanghai Sinotec (603121.SH): The Sensors division is leveraging the established customer relationships to clarify the sales strategy of the division.
Glory Holdings reported on December 11 that Shanghai Sinotec (603121.SH) stated on the investor interaction platform that the company's Sensors division, leveraging established customer relationships, has clarified its sales strategy: on one hand, to enter the Global Commercial Vehicle market from the domestic Commercial Vehicle sector; on the other hand, to penetrate the Global Passenger Vehicle market through existing partnerships with primary suppliers while actively breaking into the domestic independent brand Passenger Vehicle market.
Shanghai Sinotec Co., Ltd.'s (SHSE:603121) 27% Share Price Surge Not Quite Adding Up
Shanghai Sinotec (603121.SH): The external circulating shares have a relatively small float, which poses market speculation risks.
On December 5th, Gelonghui reported that Shanghai Sinotec (603121.SH) announced that as of the date of this announcement, the company's controlling shareholder, Shanghai Huajian Investment Management Co., Ltd. (hereinafter referred to as "Huajian Investment"), holds 139,540,400 shares of the company, accounting for 41.22% of the total share capital; Huajian Investment and its concerted parties, Wu Huai Lei and Wu Jia, hold a total of 175,556,744 shares of the company, accounting for 51.86% of the total share capital, with the remainder being external circulating shares, indicating a small circulating market and a risk of market speculation.
Shanghai Sinotec's (SHSE:603121) Earnings Have Declined Over Five Years, Contributing to Shareholders 41% Loss
shanghai sinotec (603121.SH): plans to invest 0.12 billion yuan to establish a fund, primarily focusing on frontier technology and intelligent manufacturing industries.
On November 19th, GeLongHui announced that Shanghai Sinotec (603121.SH) has signed a partnership agreement with Shanghai Yicun Private Equity Fund Management Co., Ltd. (hereinafter referred to as 'Yicun Private Equity') and other partners on November 18, 2024. The company plans to use its own funds to establish a fund, with the main investment direction being in cutting-edge technology and intelligent manufacturing industries. The total subscribed capital of the fund is RMB 176 million, to be contributed by all partners, and can be raised through multiple deliveries. The fund manager may subsequently target the fundraising of the partnership enterprise.
There May Be Underlying Issues With The Quality Of Shanghai Sinotec's (SHSE:603121) Earnings
Huapei Dynamics: Report for the third quarter of 2024
Shanghai Sinotec Co., Ltd.'s (SHSE:603121) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Shanghai Sinotec Ends Plan to Issue Shares; Shares Jump 5%
shanghai sinotec (603121.SH): Termination of the issuance of stocks to specific objects through simplified procedures in 2024.
Grain News September 25th | Shanghai Sinotec (603121.SH) announced that since the company's first announcement of issuing stocks to specific parties through a simplified process, the board of directors, management, and intermediary institutions have been actively advancing various tasks. In August 2024, the securities service agency hired for this issuance and listing application was suspended from engaging in securities services for 6 months. Taking into account the capital market environment, industry development, company's global strategy, and business situation, after careful consideration, the company has decided to apply to Shanghai Stock Exchange to withdraw the application documents for issuing stocks to specific parties through a simplified process.
shanghai sinotec (603121.SH): plans to distribute 1.80 yuan per 10 shares in the first half of the year.
On September 25, Gelonhui reported that Shanghai Sinotec (603121.SH) has announced the interim profit distribution plan for 2024, intending to distribute a cash dividend of 1.80 yuan (including tax) per 10 shares to all shareholders based on the total share capital registered on the record date for equity distribution.
Shanghai Sinotec: Half-year report for the year 2024.
Shanghai Sinotec: Summary of Half-Year Report in 2024.
Shanghai Sinotec (603121.SH): Net income in the first half of the year was 61.2908 million yuan, a year-on-year decrease of 1.35%.
On August 20th, Gelonhui reported the 2024 semi-annual report for Shanghai Sinotec, with operating income of CNY 0.645 billion, a YoY increase of 7.67%; net income attributable to shareholders of listed companies was CNY 61.2908 million, a YoY decrease of 1.35%; net income attributable to shareholders of listed companies after deducting non-recurring gain and loss was CNY 58.0622 million, a YoY increase of 208.55%; basic earnings per share was CNY 0.18. The increase in market demand and the company's active market expansion have led to an increase in operating income compared to the same period last year, and fine-tuned production management has brought gross profit.
Shanghai Sinotec (603121.SH): Sensors are mainly used in engine systems, exhaust emission systems, and body systems.
Sinotec (603121.SH) stated on the investor platform on August 15 that the company's sensor products are mainly used in engine systems, tail gas emission systems, and vehicle body systems. In the future, with the development of autonomous driving and changes in electronic and electrical architecture, the company will pay more attention to the product layout of chassis systems and thermal management systems.
Shanghai Sinotec (603121.SH) some directors and executives have completed a total shareholding reduction of 88,500 shares.
Shanghai Sinotec (603121.SH) announced that Bo Weizhong, director and deputy general manager of the company, and director and deputy general manager...
Shanghai Sinotec Co., Ltd.'s (SHSE:603121) Share Price Is Matching Sentiment Around Its Earnings
Huapei Power (603121.SH): Directors and senior management plan to reduce their holdings in the company
Gelonghui, May 16 | Huapei Power (603121.SH) announced that Mr. Bo Weizhong, the director and deputy general manager of the company, plans to reduce the number of shares of the Company by no more than 31,700 shares through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement, with a reduction ratio of no more than 0.0094% of the total number of shares of the Company. Mr. Feng Ke, Director, Deputy General Manager and Secretary of the Board of Directors of the Company plans to reduce his holdings of the Company's shares by no more than 56,800 shares through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement, and the reduction ratio shall not exceed 56,800 shares of the Company's shares
Huapei Power (603121.SH) reported first-quarter results, net profit of 379.209 million yuan, a year-on-year decrease of 11.26%
Huapei Power (603121.SH) released its report for the first quarter of 2024. The company achieved operating income during the reporting period...
Shanghai Sinotec's (SHSE:603121) Earnings Have Declined Over Five Years, Contributing to Shareholders 31% Loss
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