Fujian local stocks continue to strengthen, HXCX hits the 20% limit up

Fujian local stocks continued to strengthen during the session, with HXCX hitting the 20% daily limit. Previously, PINGTAN DEVELOPMENT had a performance of 7 days with 5 limit-ups. Longzhu Technology, JAHEN, and Yongfu Co., Ltd. rose over 10%, while Fujian Cement, ZZDC, Xiamen Xinde, and Sanmu Group also followed suit

Xiamen Xinde and others invest to establish a technology company, including semiconductor-related businesses

According to the Qichacha APP, recently, Xiamen Hexin Rongcheng Technology Co., Ltd. was established, with Ma Wenzhi as the legal representative and a registered capital of 5 million yuan. The business scope includes: manufacturing of other electronic components; manufacturing of special equipment for semiconductor devices; software development; Internet of Things technology services; Internet of Things application services, etc. Qichacha's equity penetration shows that the company is jointly held by Harbin Shenzhou Chuangrong Technology Development Co., Ltd. and Xiamen Xinde's wholly-owned subsidiary Xiamen Xinda Optoelectronic Technology Co., Ltd

Overview of the lifting of restrictions on the sale of A-shares | July 7

On July 7th, 30 listed companies will have their restricted shares unlocked, with a total market value of approximately 15.657 billion yuan. The unlocked shares include Xiamen Xinde, QJMOTOR, SHENHUO COAL&POWER, among others, involving equity incentives and pre-issue shares, with specific unlocked share numbers ranging from 117,500 to 224 million

Xiamen Xinde: Plans to transfer 100% equity of Xinda Investment for 86.6655 million yuan

Xiamen Xinde announced that it will transfer 100% equity of Xinde Investment to its controlling shareholder Guomao Holdings for 86.6655 million yuan. After the transaction, Xinde Investment will no longer be included in the consolidated financial statements. The book value of shareholders' equity is 87.4035 million yuan, and the assessed value is 86.6655 million yuan. This transaction is a related party transaction and does not constitute a major asset restructuring. The transaction price is fair and has no significant impact on the company's annual profit

The mergers and acquisitions restructuring sector has weakened in parts, with BHAS hitting the limit down, and SUFA, Fuhuang, CHUNHUI INTELLIGENT CONTROL, Xiamen Xinde, Hunan Development, and Lanstone Heavy Industry also following suit