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Fujian Torch Electron Technology (603678.SH): The fourth phase of the employee stock ownership plan aims to raise no more than 32.6815 million yuan.
Glory Exchange reported on March 10 that Fujian Torch Electron Technology (603678.SH) announced the fourth phase of its employee stock ownership plan. The funding sources for this employee stock ownership plan include employees' legal salaries, self-raised funds, and other financing methods permitted by laws and regulations. The company shall not provide financial assistance such as advances, guarantees, loans, etc. to the holders. Holders are not allowed to accept loans or financing help from other companies that have business dealings with the company. The total fundraising goal for this employee stock ownership plan is capped at 32.6815 million yuan, using "shares" as subscription units, with each share priced at 1.00 yuan, accumulated subscription shares shall not exceed 3,268.15.
Market Participants Recognise Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Earnings Pushing Shares 27% Higher
Everbright: The C919 has entered a rapid delivery phase, and the added value of the domestic Industry Chain is expected to further increase.
Looking to the future, according to predictions from Commercial Aircraft Corporation of China, it is expected that 9,323 aircraft will be delivered to the Chinese market over the next 20 years, with a market value of approximately 1.4 trillion dollars.
Is Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Trading At A 38% Discount?
Research Reports on Treasure Digging | China Securities Co.,Ltd.: Maintain "Buy" rating on Fujian Torch Electron Technology, ceramic matrix composites create a second growth curve.
The CSC Research Reports indicate that Fujian Torch Electron Technology (603678.SH) is a major domestic supplier of special MLCC. The bottom recovery of special components and the creation of a second growth curve through ceramic matrix composites position the company as a leading domestic supplier of special MLCC, a top enterprise in CMC New Materials. The layout revolves around three major Strategic Sectors: "Components, New Materials, and International Trade," establishing production manufacturing bases in Quanzhou, Guangzhou, and Chengdu, with operation centers in Shanghai, Peking, and Shenzhen. The company's special components Business has seen a decline affected by short-term demand fluctuations, while the domestic production and intelligent upgrading of Electronic Components, coupled with the flourishing development in the civil field, provide long-term prospects.
Fujian Torch Electron Technology's (SHSE:603678) Earnings Trajectory Could Turn Positive as the Stock Rises 4.8% This Past Week
Fujian Torch Electron Technology Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
