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Dongguan Dingtong Precision Metal (SHSE:688668) Is Reinvesting At Lower Rates Of Return
Dongguan Dingtong Precision Metal Co., Ltd. (688668.SH): Communication connector products are mainly supplied to world-renowned connector companies such as Amphenol, Molex, and TE Connectivity.
On December 10, Glonghui reported that Dongguan Dingtong Precision Metal Co.,Ltd. (688668.SH) stated on the investor interaction platform that the communication connector products currently produced by the company mainly supply world-renowned connector companies such as Amphenol, Molex, and TE Connectivity. As a second-tier supplier, the products are applied in multiple application scenarios.
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Dongguan Dingtong Precision Metal Co., Ltd. (688668.SH): Shareholder Xinyu Dinghongxin, Xinyu Ding plans to reduce their total shareholding by no more than 3%.
gelonhui November 7th | dongguan dingtong precision metal co.,ltd. (688668.SH) announced that the company recently received a shareholder xinyu dinghongxin, xinyu dingwei issued a "shareholding reduction plan notification letter", due to the shareholder's own capital needs, intends to reduce the company's shares held through centralized bidding or block trade method, the total number of shares to be sold shall not exceed 4,161,889 shares, accounting for no more than 3% of the total share capital of the company.
Dongguan Dingtong Precision Metal Co., Ltd.'s (SHSE:688668) Market Cap Dropped CN¥724m Last Week; Individual Investors Who Hold 45% Were Hit as Were Institutions
Third Quarter Report 2024