More Unpleasant Surprises Could Be In Store For Sino ICT Holdings Limited's (HKG:365) Shares After Tumbling 28%
Sino ICT Secures RMB 45M Factoring Financing
Xincheng Technology (00365.HK) subsidiary signs factoring contract with Xinxin Commercial Factoring
Gelonghui, May 31, 丨 Xincheng Technology (00365.HK) announced that on May 31, 2024, Ridong Smart Shenzhen (a wholly-owned subsidiary of the company) signed a factoring contract with Xinxin Commercial Factoring. According to this, Xinxin Commercial Factoring agreed to provide financing secured by accounts receivable to Ridong Smart Shenzhen. The financing period is 36 months from the date the factoring contract is signed, and the financing capital is RMB 45 million. The company (holding company of Ridong Smart Shenzhen) signed a guarantee contract with Xinxin Commercial Factoring to provide a joint guarantee guarantee for Xinxin Commercial Factoring to fulfill its claims under the factoring contract.
SINO ICT: 2023 ANNUAL REPORT
Xincheng Technology (00365): Li Yongjun Resigns as Non-Executive Director
Zhitong Finance App News, Xincheng Technology (00365) issued an announcement. Li Yongjun needed more time to spend on other matters due to personal reasons and has resigned as a non-executive director of the company, effective April 24, 2024.
The 2023 owner of Xincheng Technology (00365.HK) should account for a loss of about 62.51 million yuan
On March 28, GLONGHUI | Xincheng Technology (00365.HK) announced that for the year ended December 31, 2023, the Group's revenue was approximately HK$211,795,000, down about HK$19,345,000; gross profit was approximately HK$61,371,000, down about HK$33,143,000; gross margin was 29%, down 12 percentage points year on year. Some of the Group's financial data declined compared to 2022. The main reasons are: (1) the main business was affected by the market environment, and the sector's gross profit contribution decreased; (2) energy storage and electricity
SINO ICT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Xincheng Technology (00365.HK) Profit Alert: Expected loss will not exceed HK$67 million in 2023
On March 18, GLONGHUI | Xincheng Technology (00365.HK) announced that the company expects to record a loss attributable to the company owner of not more than HK$67,000,000 in 2023, while the loss attributable to the company owner in the previous year was HK$24,741,000. The board of directors believes that the reasons for the relative increase in losses in 2023 compared to 2022 include (i) the Group's main business was affected by the market environment, and the gross profit contribution of the sector decreased; (ii) the Group's energy storage power plant business has a long industrial cycle, is still in the growth stage, and the total initial investment amount is high, which in turn led to financing costs
Zhongwei Semiconductor (688380.SH): The wholly-owned subsidiary Sichuan Zhongwei Xincheng Technology recently received a government subsidy of 20 million yuan
Gelonghui, Feb. 18: Zhongwei Semiconductor (688380.SH) announced that its wholly-owned subsidiary, Sichuan Zhongwei Xincheng Technology Co., Ltd., recently received a government subsidy of RMB 20.00 million.
Xincheng Technology [00365] now reports HK$0.202, an increase of 11.60%
As of 15:35, Xincheng Technology [00365] reported HK$0.202, up HK$0.021 or 11.60% from yesterday's closing price of HK$0.181, with a turnover of HK$183,000. Today's high price was HK$0.202 and the lowest price was HK$0.155. Based on yesterday's closing price, the 10-day average price was HK$0.20, and the 50-day average price was HK$0.22. The current price-earnings ratio was -10.77 times, and the 14-day strength and weakness index reported 25.64.
Xincheng Technology (00365) fell 9.40% and now reports 0.164 yuan, hitting a 52-week low
As of 10:52, Xincheng Technology (00365) is down 9.40% from yesterday's closing price, and now reports $0.164, a 52-week low; the trading volume is 0.4 million shares, with a turnover of HK$0.07 million.
Xincheng Technology (00365) fell 9.50% and now reports 0.181 yuan, hitting a 52-week low
As of 16:08, Xincheng Technology (00365) is down 9.50% from yesterday's closing price. It now reports $0.181, a 52-week low; the trading volume is 128,000 shares, with a turnover of HK$23,300.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
SINO ICT: INTERIM REPORT 2023
SINO ICT: CLARIFICATION ANNOUNCEMENT IN RELATION TO THE 2023 INTERIM RESULTS
SINO ICT: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
Sino ICT to Widen Loss in H1
Xincheng Technology (00365.HK) will hold a board meeting on August 31 to approve the interim results
Glonghui, August 21丨Xincheng Technology (00365.HK) announced that the company will hold a board meeting on August 31, 2023 to consider and approve the company and its subsidiaries' interim results for the six months ended June 30, 2023 (if applicable), and consider the payment of interim dividends (if any) and other matters.
Sino ICT Unit Kicks Off Operations of New Power Station in China's Shanxi Province
SINO ICT: 2022 ANNUAL REPORT
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