603703 Zhejiang Shengyang Science and Technology
- 9.36
- +0.17+1.85%
Zhejiang Shengyang Science and Technology News
Shengyang Technology (603703.SH): Receipt of letters recommending director nominations from shareholders and resignation of directors
Gelonghui, May 23丨Shengyang Technology (603703.SH) announced that the council recently received a letter from CCCC Beidou (Hainan) Technology Investment Group Co., Ltd. (“CCCC Beidou”) recommending directors, as well as reports on the resignation of the company's vice chairman Mr. Zhang Jun and director Kong Xianglun due to work arrangements.
Express News | Shengyang Technology: Actual controller Ye Liming and others plan to transfer 8% of the shares to Xinchen Investment
Shengyang Technology (603703.SH) announced first-quarter results. Net profit of 3.7099 million yuan decreased by 30.16% year on year
Shengyang Technology (603703.SH) released its report for the first quarter of 2024. The company achieved operating income of 1 during the reporting period...
Is Zhejiang Shengyang Science and TechnologyLtd (SHSE:603703) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Shengyang Technology (603703.SH): Plans to issue no more than 300 million yuan of shares to specific targets through a simple procedure
Gelonghui, April 11 | Shengyang Technology (603703.SH) announced that the board of directors of the company requested the annual shareholders' meeting to authorize the board of directors to issue matters relating to the total amount of financing not exceeding RMB 300 million and no more than 20% of the net assets at the end of the most recent year (referred to as “this issuance”) to specific targets. The proposed capital raised will be used for project construction and supplementary working capital related to the company's main business. The ratio used to supplement liquidity should comply with the relevant regulations of the regulatory authorities.
Shengyang Technology (603703.SH): Net profit of 3.559 million yuan in 2023 fell 76.90% year on year
On April 11, Gelonghui (603703.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 654 million yuan, a year-on-year decrease of 20.15%; net profit attributable to shareholders of listed companies was 3.559 million yuan, a year-on-year decrease of 76.90%; and basic earnings per share were 0.01 yuan. It is proposed to distribute a cash dividend of 0.12 yuan (tax included) for every 10 shares to all shareholders.
There's Been No Shortage Of Growth Recently For Zhejiang Shengyang Science and TechnologyLtd's (SHSE:603703) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'll want to see a proven return on capital employed (ROCE) that is inc
Shengyang Technology (603703.SH): The copper cable DAC high-frequency high-speed cable used by Nvidia GB200. Currently, the company has no related products
Gelonghui, March 20 | Shengyang Technology (603703.SH) said on an interactive platform that the copper cable DAC high-frequency high-speed cable (Direct Attach Cable) used in the Nvidia GB200 is currently not available at the company. The company's existing integrated wiring business can provide a full range of copper wiring system solutions, optical fiber wiring system solutions, and data center wiring system solutions, which are mainly used in various fields such as education, medical care, municipal administration, transportation, etc.
Shengyang Technology (603703.SH): A self-developed terminal model has passed Hainan Jiaoxin Beidou related tests and completed small-batch production
Gelonghui, March 12 | Shengyang Technology (603703.SH) said on the interactive platform that since the cooperation, the company has formed a technology, quality and production management team with rich experience in the automotive terminal industry. On the basis of the original ERP (SAP) comprehensive management system, it has built and applied the vehicle quality management system IATF16949-2016 and the high-end manufacturing execution management system MES. A self-developed terminal model has passed Hainan Jiaoxin Beidou related tests and completed small-batch production. Subsequently, according to market conditions and customer needs, new terminal development and mass production can be carried out.
Zhejiang Shengyang Science and Technology Co.,Ltd.'s (SHSE:603703) 9.6% Gain Last Week Benefited Both Individual Investors Who Own 57% as Well as Insiders
Key Insights The considerable ownership by individual investors in Zhejiang Shengyang Science and TechnologyLtd indicates that they collectively have a greater say in management and business strategy
Zhejiang Shengyang Science and TechnologyLtd (SHSE:603703) Shareholders Are Still up 47% Over 5 Years Despite Pulling Back 9.1% in the Past Week
It might be of some concern to shareholders to see the Zhejiang Shengyang Science and Technology Co.,Ltd. (SHSE:603703) share price down 25% in the last month. On the bright side the returns have b
Zhejiang Shengyang Science and TechnologyLtd (SHSE:603703) Is Looking To Continue Growing Its Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Amongst other things, we'll want to see two things; firstly,
Shengyang Technology (603703.SH) released the first three quarter results, net profit of 8.189,000 yuan, a year-on-year decrease of 63.42%
Shengyang Technology (603703.SH) released its report for the first three quarters of 2023. The company's revenue was 514 million yuan...
Shengyang Technology (603703.SH) released first-half results, net profit of 10.134,400 yuan, a year-on-year decrease of 40.59%
Shengyang Technology (603703.SH) released the 2023 semi-annual report. The company's revenue was 352 million yuan,...
Shengyang Technology (603703.SH) plans to establish a holding subsidiary dedicated to the development and manufacture of satellite communication terminals and key components (components)
Shengyang Technology (603703.SH) announced that the company plans to jointly invest with CCCC to establish Zhejiang CCCC, and is committed to...
Shengyang Technology (603703.SH): Some mobile satellite communication terminal products sold by CCCC are expected to be affected
On July 10, 2023, GLONGHUI | Shengyang Technology (603703.SH) said at the investor briefing on the termination of major asset restructuring on July 10, 2023, that due to complex and varied business conditions, CCCC recently experienced uncertain changes in the stability level of the product supply chain in the field of mobile satellite communications, and it is expected that some of the mobile satellite communication terminal products sold by CCCC may be affected. Based on the current situation and judgment on future development, there is uncertainty about the future development and growth of CCCC Technology. Based on the principles of being responsible to listed companies and the public market, our group decided to discontinue this after careful research
Shengyang Technology (603703.SH): The termination of the transaction without the official entry into force of this material asset restructuring plan has no substantial impact on the company
On July 10, 2023, GLONGHUI | Shengyang Technology (603703.SH) stated at the investor briefing on the termination of material asset restructuring on July 10, 2023, that the current material asset restructuring plan has not officially entered into force, that the termination of this transaction has no substantial impact on the company, and will not have a significant adverse impact on the company's current production, operation, and financial situation. In the future, the company will continue to focus on the development of the company's dominant business areas such as the communications industry and the electronic information industry, extend and broaden the industrial chain appropriately, and give full play to the synergistic advantages of the company's various industry segments, thereby enhancing the company's competitiveness and achieving growth in business performance.
Shengyang Technology (603703.SH): Currently, no notice has been received to withdraw from the shareholder list of China Communications Beidou
On July 10, 2023, GLONGHUI | Shengyang Technology (603703.SH) stated at the investor briefing on the termination of major asset restructuring on July 10, 2023, that the company has not yet received a notice from the CCCC Beidou to withdraw from the company's shareholder sequence, and that the company will promptly disclose information in accordance with the regulatory requirements of the regulatory authorities.
Shengyang Technology (603703.SH): Terminates the purchase of 100% of CCCC shares
On July 6, GLONGHUI | Shengyang Technology (603703.SH) announced that in November 2021, the company plans to purchase 100% of the shares of Beijing Zhongjiao Communications Technology Co., Ltd. (“CCCC”) held by Transportation and Communications Information Group Co., Ltd. by issuing shares and paying cash; at the same time, the company plans to raise supporting capital through a non-public offering of shares. On July 3, 2023, the company received a letter from its counterparty Transport Communications Group regarding the termination of the transaction. Recently, due to complex and varied business conditions, the target company experienced uncertain changes at the level of stability of the product supply chain in the field of mobile satellite communications.
Risks To Shareholder Returns Are Elevated At These Prices For Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703)
With a median price-to-sales (or "P/S") ratio of close to 5.1x in the Communications industry in China, you could be forgiven for feeling indifferent about Zhejiang Shengyang Science and Technology Co
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