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Xinguang Optoelectronics plans to transfer some of its shares at a “premium” in response to successive losses in response to continuing losses, saying it will continue to take advantage of shareholders' resources
① The executive secretary of Xinguang Optoelectronics said that since its establishment, Zhongjiu Xinguang has positioned itself as a technology-intensive enterprise, and has been in a high R&D investment stage in recent years, leading to loss problems; ② After the transaction was completed, Xinguang Optoelectronics changed its shareholding ratio from 51% to 38.5% of Zhongjiu Shinkong's shares; the first two were the first and second largest shareholders.
Xinguang Optic-Electronics Technology to Offload Subsidiary's Minority Stake for 1.6 Million Yuan
Harbin Xinguang Optic-Electronics Technology (SHA:688011) plans to transfer 12.5% of its subsidiary, Sichuan Zhongjiu Xinguang, for 1.6 million yuan, the company said in its filing on the Shanghai Sto
Express News | Shinko Optoelectronics: Plans to transfer 12.5% of Nakahisa Shinko's shares to Nakahisa Mitsuya with a transaction value of 1,654 million
Xinguang Optoelectronics (688011): Gross margin rebounded in '23, but growth in expense ratios and impairment losses affected profit-side performance
Event: The company released its 2023 annual report and 2024 quarterly report. In '23, it achieved revenue of 162 million yuan (+8.25%), and net profit to mother of -39 million yuan. 24Q1 revenue of 0.33 billion yuan (+
Xinguang Optoelectronics (688011.SH) announced first-quarter results with a net loss of 4.6609 million yuan
Xinguang Optoelectronics (688011.SH) released its report for the first quarter of 2024. The company achieved operating income of 3 during the reporting period...
Xinguang Optoelectronics (688011.SH): net loss of 39.1679 million yuan in 2023
Gelonghui, April 19丨Xinguang Optoelectronics (688011.SH) released its 2023 annual report. In 2023, it achieved total revenue of 162 million yuan, an increase of 8.25% over the previous year. During the reporting period, the company continued to increase R&D investment in its main business areas, leading to an increase in R&D expenses. At the same time, accrued credit impairment losses increased year-on-year as revenue grew and individual customer accounts grew. Net profit attributable to shareholders of listed companies was 39.1679 million yuan throughout the year, a year-on-year decrease of 58.76%.
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