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Wuxi Hyatech Co.,Ltd.'s (SHSE:688510) Market Cap Increased by CN¥452m, Insiders Receive a 30% Cut
Report for the third quarter of 2024 of Wuxi Hangya Technology Co., Ltd.
Investors Will Want Wuxi HyatechLtd's (SHSE:688510) Growth In ROCE To Persist
Wuxi Hyatech (688510.SH): Senior executive Jing Hongxiang plans to shareholding no more than 0.3 million shares.
Wuxi Hyatech (688510.SH) announced that Mr. Jing Hongxiang, a senior management member of the company, plans to reduce his shareholding in the company by no more than 300,250 shares, which is equivalent to 0.12% of the total number of shares, through block trades or bulk trades, due to personal fund needs. The reduction period will be within 3 months after 15 trading days from the date of this announcement. If the company carries out any rights issue, dividend distribution, bonus issue, or capital reserve fund capitalization during the implementation of the reduction plan, the number of shares to be sold will be adjusted accordingly.
Wuxi Hyatech (688510.SH): Yili Suxin and Daofeng Investment plan to reduce their shareholding by no more than 1% in total.
Wuxi Hyatech (688510.SH) announced on August 16th that due to its own operational needs, company shareholders Yili Suxin and Daofeng Investment plan to reduce their holdings by 2,573,121 and 10,705 shares, respectively, through centralized bidding transactions. The total reduction quantity will not exceed 2,583,826 shares, or 1.00% of the total share capital of the company. The total number of shares to be reduced during any consecutive 90 natural days shall not exceed 1.00% of the total share capital of the company. The reduction period shall be within three months after the 15th trading day after the disclosure of this announcement.
GF Sec: Global aviation companies are highly prosperous, and opportunities for domestic supporting industries can be expected.
Recently, multiple companies in the global aviation and defense industries have released their Q2 2024 financial reports, with companies like RTX Corp performing better than expected. It is expected that the global civil aviation market is gradually entering a new round of inventory replenishment cycle.