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Benign Growth For Olympic Circuit Technology Co., Ltd (SHSE:603920) Underpins Stock's 26% Plummet
With 48% Ownership, Olympic Circuit Technology Co., Ltd (SHSE:603920) Insiders Have a Lot at Stake
These 4 Measures Indicate That Olympic Circuit Technology (SHSE:603920) Is Using Debt Safely
Olympic Circuit Technology (603920.SH): The actual controlling shareholder is planned to be changed to the State-owned Assets Supervision and Administration Commission of Shunde District.
On July 8th, Grail Circuit Technology (603920.SH) announced that its controlling shareholder, New Hao International, and actual controller She Yingjie signed a "Share Transfer Agreement" with Shun Kong Holdings. New Hao International transferred its 170,546,596 non-restricted shares of Olympic Circuit Technology, accounting for 25.90% of its total share capital, at a price of RMB 3,445,041,239.20 or RMB 20.20 per share. In addition, on July 5, 2024, New Hao International and She Yingjie issued a statement that they will not seek to control Guangdong Olympic Circuit Technology Co., Ltd.
Has Olympic Circuit Technology Co., Ltd's (SHSE:603920) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Olympic Circuit Technology's mid-year performance is expected to increase in 2024.
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