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The Recent Pullback Must Have Dismayed Fujian Raynen Technology Co., Ltd. (SHSE:603933) Insiders Who Own 63% of the Company
Raynen Technology Investing Up to 325 Million Yuan for Industrial Automation Plant
Fujian Raynen Technology (603933.SH): plans to invest 0.5 billion yuan to build the Jiaxing Fujian Raynen Industrial Automation Production Base project.
Gelonghui October 10th | Fujian Raynen Technology (603933.SH) announced that based on the development plan of the company's industrial automation business, the company is investing in the construction of Jiaxing Raynen Industrial Automation Production Base project in the Nanhu High-tech Industrial Park in Jiaxing, mainly engaged in the research and production of variable-frequency drives and servo motors. This project plans a total investment of RMB 0.5 billion, including land acquisition fees, construction and decoration of the plant, equipment purchase and installation fees, initial research and development investment, working capital, contingency fund, etc. The company has established a wholly-owned subsidiary, Jiaxing Raynen Electric Co., Ltd. (hereinafter referred to as "Jiaxing Raynen"), responsible for implementation and operation.
fujian raynen technology (603933.SH): Some directors and senior executives have completed the shareholding plan.
On October 9, Gelunhui announced that as of the date of this announcement, some directors and senior management personnel of fujian raynen technology (603933.SH) collectively increased their shareholding of the company by 210,000 shares through the Shanghai Stock Exchange system in a centralized bidding manner, accounting for 0.1012% of the total number of company shares (207,544,575 shares), with a total shareholding amount of RMB 2.6145 million. The shareholding plan has been fully implemented.
fujian raynen technology (603933.SH): received government subsidies of 4.2679 million yuan
Fujian Raynen Technology (603933.SH) announced on September 30th that from July 2024 to September 2024, the company and its subsidiaries received a total of 4,267,944.49 yuan in government grants related to revenue, accounting for 6.93% of the company's latest audited net income in 2023 of 61,605,191.06 yuan.
fujian raynen technology (603933.SH): The controlling shareholder, raynen industrial, has completed a shareholding of 2 million shares of the company
On September 18, Glonet announced that as of the disclosure date of this announcement, the shareholding reduction plan for the time range has expired. The controlling shareholder, Fujian Raynen Technology, has reduced a total of 2 million shares of the company's shares, accounting for 0.9636% of the total number of shares (207,544,575 shares) through centralized bidding.
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