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Retail Investors in Hillstone Networks Co.,Ltd. (SHSE:688030) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 13% Last Week
Third Quarter Report 2024
October 18th A-share investment lightning rod: Sunwoda Era: Shareholder Xinrui Jitai plans to reduce its shareholding by no more than 4%; Hillstone Networks Co., Ltd.: Shareholders Yuanhe Zhongyuan, Guochuang Kaiyuan plan to jointly reduce their sharehold
Saiwei Era shareholder Xinrui Jitai plans to reduce its shareholding by no more than 4%; 3peak incorporated shareholder Jinying Venture Capital plans to sell no more than 1% of its shares in a block trade; Guoke Hengtai shareholder Junlian Yikang plans to reduce its shareholding by no more than 3%; Hillstone Networks Co., Ltd. shareholders Yuanhe Zhongyuan, Guochuang Kaiyuan plan to collectively reduce their shareholding by no more than 3%; As of now, Dongguan Huali Industries lacks the research and development capabilities of the relevant systems; Zhang Jia Jie Tourism Group stated that the company has applied for restructuring by creditors, pre-restructuring, and the court has decided to initiate pre-restructuring of the company.
Hillstone Networks Co., Ltd. (688030.SH): Shareholders Yuanhe Zhongyuan and Guochuang Kaiyuan intend to collectively reduce their shareholding by no more than 3%.
On October 17th, Hillstone Networks Co., Ltd. (688030.SH) announced that, due to fund maturity and its own capital needs, Yuanhe Chongyuan plans to reduce its shareholding in the company by no more than 3,604,618 shares through block trading and bulk trading, not exceeding 2.00% of the total share capital. Among them, the reduction through block trading shall not exceed 1,802,309 shares, i.e., not more than 1.00% of the total share capital, to be completed within 15 trading days after the disclosure of this announcement, and the total number of shares reduced within any consecutive 90 days shall not exceed 1.00% of the total share capital; through bulk trading method.
hillstone networks co., ltd. (688030.SH): The research and development of ASIC security dedicated chip recently completed the first trial production wafer.
On October 17, Geelong Hui 2021 hillstone networks co., ltd. (688030.SH) announced that the ASIC security dedicated chip developed by the company (referred to as the "ASIC chip") recently completed the first trial production wafer. The trial production chip will be returned on time at the end of September 2024, and successfully completed internal verification tests within the company, with all indicators meeting the design requirements. At the current stage, the company is continuously conducting complete functional and stress tests on the trial production chip. After the completion of functional and stress tests, the ASIC chip will enter the mass production wafer stage; mass-produced chips will be returned and tested for production application. Currently, the company tentatively estimates that
A Piece Of The Puzzle Missing From Hillstone Networks Co.,Ltd.'s (SHSE:688030) 34% Share Price Climb
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