688608 Bestechnic (Shanghai) Co., Ltd.
- 128.52
- -4.29-3.23%
Bestechnic (Shanghai) Co., Ltd. News
Runxin Technology (300493.SZ): Major suppliers include Qualcomm, Sijiaxun, Anshi Semiconductor, AVX/Kyocera, Hengxuan Technology, Ruisheng Technology, etc.
Gelonghui, May 9, 丨 Runxin Technology (300493.SZ) held a performance briefing on May 9, 2024 to discuss “How stable are the partnerships with the company's main suppliers, and are there alternative supply chain plans?” The company replied that its main suppliers include IC design companies with important global influence, such as Qualcomm, Sijiaxun, Anshi Semiconductor, AVX/Kyocera, Hengxuan Technology, and Ruisheng Technology. It has been the company's business partner for many years. High-quality upstream IC design resources give the company an advantage in product competitiveness, ability to learn new technologies, etc., and continue to develop the company
Hengxuan Technology (688608.SH): A total of 447,600 company shares have been repurchased
Gelonghui, May 6, 丨 Hengxuan Technology (688608.SH) announced that as of April 30, 2024, the company had repurchased 447,562 shares of the company's shares through centralized bidding transactions, accounting for 0.3729% of the company's total share capital of 120,034,708 shares. The highest price for the repurchase transaction was 138.00 yuan/share, the lowest price was 99.52 yuan/share, and the total amount of capital paid was RMB 51,009,761.18 (excluding transaction fees such as tax and transaction fees).
Hengxuan Technology (688608): High Q1 revenue growth, new product iteration broadens growth path
Summary The company's performance in the first quarter was impressive. The company achieved operating income of 653 million yuan in the first quarter of 2024, an increase of 70.27% year-on-year, an increase of 6.70% month-on-month, and realized net profit of 0.28 million yuan to mother, compared with the same period last year
Hengxuan Technology (688608): First quarter revenue surpassed expectations and is optimistic about subsequent profitability improvements
Description of the incident On April 23, the company released its 2024 quarterly report. During the reporting period, the company achieved operating income of 653 million yuan, an increase of 70.27% over the previous year, and achieved net profit of 28 million yuan to mother, turning a loss into a profit, and deducting
Hengxuan Technology (688608): Continued high growth in the 24Q1 quarter, optimistic about BES2800 volume
Incident The company released its 2023 annual report and results for the first quarter of 2024. In 2023, the company achieved revenue of 2.76 billion yuan (yoy: +46.57%) and net profit of 124 million yuan (yoy)
Hengxuan Technology (688608): Revenue exceeds expectations, watch/bracelet business is impressive
1Q24: Demand for wearable products picked up further, and revenue performance exceeded expectations. The company achieved revenue of 653 million yuan (yoy: +70.27%, qoq: +6.70%) in 1Q24, higher than expected in our performance outlook
Hengxuan Technology (688608): High revenue growth, 6NM new products will be mass-produced
The company publishes an annual report for '23 and a quarterly report for '24. In '23, we achieved revenue of about 2.18 billion yuan, an increase of about 47% over the previous year, a record high; net profit to mother was 124 million yuan, an increase of 1% over the previous year. As the scale of revenue grows
Hengxuan Technology (688608.SH) grants 241,400 restricted shares at an award price of 65 yuan/share
Hengxuan Technology (688608.SH) announced that the company's “2023 Restricted Stock Incentive Plan (Draft)” regulations...
Hengxuan Technology (688608.SH) announced first-quarter results, net profit of 27.629 million yuan
Hengxuan Technology (688608.SH) released its report for the first quarter of 2024. The company's revenue was 653 million yuan, an increase of 70.27% over the previous year; net profit attributable to shareholders of listed companies was 27.6029 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 9.1262 million yuan; and basic earnings per share of 0.2,300 yuan/share.
China Post Securities released a research report on April 15 stating that it gave Hengxuan Technology (688608.SH) a purchase rating. The main reasons for the rating include: 1) the smart terminal market has picked up, and revenue has seen a significant in
China Post Securities released a research report on April 15 stating that it gave Hengxuan Technology (688608.SH) a purchase rating. The main reasons for the rating include: 1) the smart terminal market has picked up, and revenue has seen a significant increase; 2) forge ahead in the smartwatch market and steadily develop wearable terminal applications. (Mainichi Keizai Shimbun)
Hengxuan Technology (688608): BES2800 is expected to be mass-produced this year to help innovate end-side AI applications
The 2023 results are in line with our expectations. The company announced its 2023 results: revenue of 2.176 billion yuan, up 46.57% year on year; net profit to mother was 124 million yuan, up 0.99% year on year. 4Q23 Revenue 6
Express News | Starlight 2.0 series standard released
Hengxuan Technology (688608.SH): A cumulative total of 51.098 million yuan to buy back 0.3729% of the shares
Gelonghui, April 1, 丨 Hengxuan Technology (688608.SH) announced that as of March 31, 2024, the company had repurchased 447,562 shares of the company's shares through centralized bidding transactions, accounting for 0.3729% of the company's total share capital of 120,034,708 shares. The highest price for the repurchase transaction was 138.00 yuan/share, the lowest price was 99.52 yuan/share, and the total amount of capital paid was RMB 51,009,761.18 (excluding transaction fees such as tax and transaction fees).
Hengxuan Technology (688608): High revenue growth in the 2023Q4 quarter awaiting a profit inflection point
Description of the incident On March 27, the company released its 2023 annual report. During the reporting period, the company achieved operating income of 2.76 billion yuan, an increase of 46.57% over the previous year, and achieved net profit of 124 million yuan, an increase of 0 million yuan over the previous year.
Hengxuan Technology (688608): Revenue reached a record high, 6NM chips were mass-produced this year
In 2023, revenue increased 46.57% year over year, and net profit after deducting non-return to mother increased 135.96% year over year. Achieved revenue of 2.76 billion yuan (YoY +46.57%) in 2023, mainly due to its next-generation BE
Hengxuan Technology (688608): Watch business increased BES2800 mass production
The company's revenue grew rapidly in '23, and gross margin was pressured in the short term. In '23, the company achieved revenue of 2.176 billion yuan (yoy: +46.57%), net profit to mother of 124 million yuan (yoy: +0.99%), deducted
Hengxuan Technology (688608): High revenue growth in 23, optimistic about BES2800 new product release in 24
Incident: The company released its 2023 annual report. In 2023, the company achieved revenue of 2.176 billion yuan, +46.57% year over year; realized net profit of 124 million yuan, +0.99% year over year; achieved zero deduction of non-net profit.
Hengxuan Technology (688608) Company Information Update Report: Year-on-year increase in revenue in 2023, optimistic about demand recovery+product release
Revenue increased year-on-year in 2023. New product sales helped increase revenue growth, maintaining the “buy” rating, achieving revenue of 2.176 billion yuan in 2023, +46.57% year over year; net profit to mother was 124 million yuan, +0.9 million yuan year on year
Hengxuan Technology (688608.SH): Net profit of 124 million yuan in 2023 increased 0.99% year-on-year
Gelonghui, March 27丨Hengxuan Technology (688608.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 2.176 billion yuan, an increase of 46.57% over the previous year; net profit attributable to shareholders of listed companies was 124 million yuan, an increase of 0.99% over the previous year; and basic earnings per share were 1.0339 yuan. The company plans to distribute a cash dividend of 1.6 yuan (tax included) to all shareholders for every 10 shares based on the total share capital deducting the shares in the company's special securities account on the day the equity distribution was implemented.
Hengxuan Technology (688608.SH): Currently, the company's inventory is at a normal level
Gelonghui March 4 | Hengxuan Technology (688608.SH) disclosed an investor relations activity record table showing that last year's Q3 inventory removal was nearing completion. Currently, the company's inventory is at a normal level, and the inventory cycle is about 1 quarter long.
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