Is Weakness In Hainan Jinpan Smart Technology Co., Ltd. (SHSE:688676) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

Simply Wall StDec 14 21:13 ET

Jinpantech (688676.SH): The fund involved in the investment is planning to reduce capital.

Gelonghui, December 6th丨Jinpan Technology (688676.SH) announced that the Wuxi Guangyuan Jinpan New Energy Fund Private Equity Investment Fund Partnership (Limited Partnership) (referred to as "the fund") in which the company invested is planning to reduce its capital. Through friendly communication and negotiation, all partners of this fund will reduce their capital in proportion according to their contribution ratios, reducing the fund's scale from 303 million yuan to 121.2 million yuan, of which the company's direct contribution as a limited partner will decrease from 120 million yuan to 48 million yuan. After this capital reduction is completed, the company's direct contribution ratio in the fund will remain unchanged at 39.604.

Gelonghui FinanceDec 6 03:57 ET

Investors Continue Waiting On Sidelines For Hainan Jinpan Smart Technology Co., Ltd. (SHSE:688676)

Simply Wall StNov 23 20:30 ET

China Galaxy Securities: Marginal improvement in wind power in October, actively seizing allocation opportunities.

The global demand for electrical utilities continues to grow due to economic recovery and the rapid development of AI, overlaid with the integration of new energy sources and the demand for electrical grid upgrades, electrical equipment companies going overseas are expected to fully benefit.

Zhitong FinanceNov 4 22:35 ET

We Think That There Are Issues Underlying Hainan Jinpan Smart Technology's (SHSE:688676) Earnings

Simply Wall StOct 28 18:58 ET

Jinpan Smart Technology's Chairman Proposes to Raise Dividends to 40% of Year's Profit; Shares Down 3%

MT NewswiresOct 22 02:59 ET