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Changzhou Galaxy Century Microelectronics Co.,Ltd.'s (SHSE:688689) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Yinhe Microelectronics (688689.SH): The products can be used for battery management and matching chargers in AI glasses.
Galaxy Microelectronics (688689.SH) stated on the investor interaction platform on September 5th that the company focuses on the research and development and production of semiconductor discrete devices. The product line covers MOSFET, insulated gate bipolar transistors (IGBT), diodes, transistors, and IPM, etc. The company's products can be used for battery management and supporting chargers in AI glasses.
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Galaxy Microelectronics (688689.SH): plans to launch a restricted stocks incentive plan for 1.388 million shares.
Galaxy Microelectronics (688689.SH) announced its restricted stock incentive plan for 2024. The plan intends to grant 1.388 million shares of restricted stock (Class 2 restricted stock) to incentive recipients, accounting for approximately 1.08% of the total share capital of the company at the time of the announcement. This grant is a one-time grant without any reserved rights. The plan will be granted to a total of 90 incentive recipients at a grant price of 15.00 yuan per share.
Galaxy Microelectronics (688689.SH): Net income in the first half of the year was 34.84 million yuan, a year-on-year increase of 14.15%.
On August 26th, GeLongHui announced its semi-annual report. During the reporting period, the company achieved revenue of 0.416 billion yuan, an increase of 26.09% year-on-year; and achieved a net income attributable to the owners of the parent company of 34.84 million yuan, an increase of 14.15% year-on-year. At the end of the reporting period, the company's overall financial condition was good, with total assets of 2,023,725,911.76 yuan, an increase of 1.68% compared to the end of 2023.
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