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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.
Additional Considerations Required While Assessing Wuxi HyatechLtd's (SHSE:688510) Strong Earnings
Wuxi HyatechLtd (SHSE:688510) Has A Pretty Healthy Balance Sheet
Wuxi Hyatech Co., Ltd. Semi-annual Report 2024
Wuxi Hyatech Co., Ltd.'s 2024 semi-annual report summary.
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