Shanghai Friendess Electronic Technology Corporation (688188.SH): Shareholder proposes mid-term dividend for 2024.

On July 15, Geely Holdings announced that it has received a letter from its controlling shareholder proposing a mid-term dividend for 2024. According to the proposal approved by the company's 2023 annual general meeting of shareholders, the board of directors of the company is authorized to make a decision on the mid-term dividend within the authorized scope of the board of directors, subject to the approval of more than two-thirds of the directors present at the meeting. The proposal suggests that the company should implement a mid-term dividend for 2024 in accordance with the profit distribution principle stipulated in the company's articles of association and under the premise of ensuring the normal operation of the company, and the amount of dividend will be determined at a later time.

Gelonghui FinanceJul 15 06:44 ET

Shanghai BOCHU Electronic Technology Corporation Limited.'s (SHSE:688188) Share Price Could Signal Some Risk

With a price-to-earnings (or "P/E") ratio of 42.5x Shanghai BOCHU Electronic Technology Corporation Limited. (SHSE:688188) may be sending bearish signals at the moment, given that almost half of all

Simply Wall StJul 14 20:52 ET

Shanghai BOCHU Electronic Technology's (SHSE:688188) Returns On Capital Not Reflecting Well On The Business

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the

Simply Wall StJun 26 23:33 ET

Shanghai Friendess Electronic Technology Corporation (688188.SH): controlling shareholder and actual controller voluntarily commit to not reduce their shareholding in the company for the next 12 months.

On June 19th, GeLongHui reported that in order to promote the stable and healthy development of the securities market, based on confidence in the company's future prospects and recognition of the company's value, and in order to promote the company's continuous, stable and healthy development, holding shareholder and actual controller Mr. Tang Ye, Mr. Dai Tiantian, Mr. Lu Lin, Mr. Wan Zhang, and Mr. Xie Miao promised that within 12 months from June 20, 2024 (i.e., from June 20, 2024, to June 19, 2025), they will not reduce their shareholding in Shanghai Friendess Electronic Technology Corporation in any way.

Gelonghui FinanceJun 19 07:11 ET

Estimating The Intrinsic Value Of Shanghai Friendess Electronic Technology Corporation Limited (SHSE:688188)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Shanghai Friendess Electronic Technology fair value estimate is CN¥166 Current share price of CN¥196 suggests Shanghai Friendess Electronic T

Simply Wall StJun 7 18:51 ET

Baichu Electronics (688188.SH): The transfer price in this inquiry is 177.62 yuan/share

On May 27, Ge Longhui Electronics (688188.SH) announced that after consulting with institutional investors, the initial determined transfer price was 177.62 yuan/share, 93.00% of the closing price of 190.99 yuan/share on the day the subscription invitation was sent (that is, May 24, 2024). The number of institutional investors participating in this inquiry and transfer quotation was 26, covering professional institutional investors such as fund management companies, qualified overseas institutional investors, securities companies, and private equity fund managers. The total valid subscription amount for institutional investors participating in this inquiry and transfer quotation is about 21

Gelonghui FinanceMay 27 04:56 ET