Shanghai Stock Exchange

AXT, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023

GAAP gross margin was 9.2 percent of revenue for the second quarter of 2023, compared with 26.3 percent of revenue for the first quarter of 2023 and 39.1 percent for the second quarter of 2022.

Key Points: 
  • GAAP gross margin was 9.2 percent of revenue for the second quarter of 2023, compared with 26.3 percent of revenue for the first quarter of 2023 and 39.1 percent for the second quarter of 2022.
  • Non-GAAP gross margin was 9.8 percent of revenue for the second quarter of 2023, compared with 26.9 percent of revenue for the first quarter of 2023 and 39.4 percent for the second quarter of 2022.
  • GAAP operating expenses were $8.6 million for the second quarter of 2023, compared with $9.5 million for the first quarter of 2023 and $10.1 million for the second quarter of 2022.
  • Non-GAAP operating expenses were $7.8 million for the second quarter of 2023, compared with $8.7 million for the first quarter of 2023 and $9.1 million for the second quarter of 2022.

LiqTech Enters MoU with Nanjing Wondux in China

Retrieved on: 
Thursday, August 3, 2023

BALLERUP, Denmark and NANJING, Aug. 3, 2023 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, and Nanjing Wondux Environmental Protection Technology Corp, Ltd. (Nanjing Wondux) have entered into a memorandum of understanding (MoU) to explore the application of LiqTech's advanced filtration system to industrial water treatment in China.

Key Points: 
  • BALLERUP, Denmark and NANJING, Aug. 3, 2023 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, and Nanjing Wondux Environmental Protection Technology Corp, Ltd. (Nanjing Wondux) have entered into a memorandum of understanding (MoU) to explore the application of LiqTech's advanced filtration system to industrial water treatment in China.
  • Nanjing Wondux was established in 2007 and is a listed company on the Science and Technology Innovation Board of the Shanghai Stock Exchange under the stock code: 688178.
  • Wondux has extended customer groups across China and a good reputation in environmental waste and water treatment area.
  • By entering this MoU, LiqTech will get a market reach through Wondux's strong market position in China."

SF Intra-city Received Stock Exchange's Approval for Conversion of Unlisted Shares

Retrieved on: 
Wednesday, July 26, 2023

HONG KONG, July 26, 2023 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group") (Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that on 25 July, the Group received approval from the Stock Exchange for the listing and dealing of a total of 451,403,783 H shares, which represent approximately 48.36% of the Group's total issued Shares.

Key Points: 
  • The conversion and listing of H shares will involve 18 participating holders of unlisted shares, and they will participate in the conversion of H shares.
  • Once the conversion and listing of the shares are completed on the Stock Exchange, SF Intra-city's total number of H shares is expected to increase from 310,289,026 to 761,692,809 significantly.
  • This surge represents a remarkable increase in the approximate percentage of issued H shares from 33.24% to 81.60% of the Group's total shares.
  • SF Intra-city emphasised that the shares conversion and listing are important measures to further enhance the Group's brand value in the capital market.

Ivanhoe Mines Announces Retirement of Non-Executive Co-Chairman and Director Yufeng "Miles" Sun

Retrieved on: 
Tuesday, July 18, 2023

Johannesburg, South Africa--(Newsfile Corp. - July 18, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Founder and Executive Co-Chairman Robert Friedland and President Marna Cloete today announced the retirement of Non-Executive Co-Chairman and Director Yufeng "Miles" Sun. In addition, the company is pleased to announce the appointment of Weibao "Webber" Hao as Ivanhoe Mines' Non-Executive Co-Chairman and Director, effective today.

Key Points: 
  • In addition, the company is pleased to announce the appointment of Weibao "Webber" Hao as Ivanhoe Mines' Non-Executive Co-Chairman and Director, effective today.
  • Mr. Sun was appointed to the Ivanhoe Mines' Board of Directors in September 2018, following the first of two strategic investments made by CITIC Metal into Ivanhoe Mines totaling C$1.3 billion.
  • CITIC Metal's investment was transformational for Ivanhoe Mines, providing the necessary funding required to commence the construction of Kamoa-Kakula.
  • To view an enhanced version of this graphic, please visit:
    Weibao "Webber" Hao replaces Mr. Sun as Ivanhoe Mines' Non-Executive Co-Chairman and Director.

Private token sale for funds and partners from Autentic

Retrieved on: 
Tuesday, July 18, 2023

STAVROPOL,RUSSIA, July 17, 2023 (GLOBE NEWSWIRE) -- Autentic, the ecosystem of digital financial assets, has announced its native token AUt presale for institutional and private funds, partners, and investment companies.

Key Points: 
  • STAVROPOL,RUSSIA, July 17, 2023 (GLOBE NEWSWIRE) -- Autentic, the ecosystem of digital financial assets, has announced its native token AUt presale for institutional and private funds, partners, and investment companies.
  • "At the initial token sale stage, we focus on large institutional and private investors, as well as on our partners who have supported the project development.
  • “By the end of this year we plan to launch Autentic Pay payment system, Autentic Capital platform for Security Token Offerings (STO) and initial asset offerings, Autentic Market - a marketplace for digital assets.
  • AUtentic Gold (AuG), EIP-20 token - a digitized version of real gold, pegged to the precious metal quotes on Shanghai Stock Exchange.

 Citi Appointed as Depositary Bank for the GDR Program of Zhejiang Huayou Cobalt Co., Ltd.

Retrieved on: 
Tuesday, July 11, 2023

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Huayou is a technology-driven enterprise mainly engaged in R&D and manufacturing of new energy lithium-ion battery materials and new cobalt material products.
  • Huayou’s GDR Program was established in connection with a US$582.5 million initial public offering of its GDRs, priced at US$11.65 per GDR.
  • “We are pleased to be the Depositary Bank for Huayou, supporting their GDR program.

Semiconductor Manufacturing International Corporation Second Quarter 2023 Webcast Conference Call

Retrieved on: 
Tuesday, July 11, 2023

SHANGHAI, July 11, 2023 /PRNewswire/ -- SMIC's second quarter 2023 results will be released on the Hong Kong Stock Exchange website (https://www.hkex.com.hk) and Shanghai Stock Exchange website (http://www.sse.com.cn) after the close of trading on Thursday, August 10, 2023.

Key Points: 

SHANGHAI, July 11, 2023 /PRNewswire/ -- SMIC's second quarter 2023 results will be released on the Hong Kong Stock Exchange website ( https://www.hkex.com.hk ) and Shanghai Stock Exchange website ( http://www.sse.com.cn ) after the close of trading on Thursday, August 10, 2023.

Citi Appointed as Depositary Bank for the GDR Program of Kunshan Dongwei Technology Co., Ltd.

Retrieved on: 
Wednesday, June 14, 2023

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Dongwei’s GDR Program was established in connection with a US$105 million initial public offering of its GDRs, priced at US$17.80 per GDR.
  • “We are pleased to be the Depositary Bank for Dongwei, supporting their GDR program.
  • We expect to see more participation via the Connect Scheme.”
    Citi is a leading provider of depositary receipt services.

Canadian Solar's Subsidiary CSI Solar Completes its IPO Process and Starts Trading on the Shanghai Stock Exchange

Retrieved on: 
Friday, June 9, 2023

(the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has completed its initial public offering ("IPO") process and its shares started trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472.

Key Points: 
  • (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has completed its initial public offering ("IPO") process and its shares started trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472.
  • In the IPO, CSI Solar issued 541,058,824 shares, representing 15% of 3,607,058,824 shares outstanding immediately after the IPO.
  • In addition, CSI Solar has granted the principal underwriter of the IPO a 30-day option to purchase up to an additional 81,158,500 shares of CSI Solar to cover over-allotments, if any.
  • Immediately after the IPO, Canadian Solar owns approximately 64% of CSI Solar, assuming the over-allotment option is not exercised, or approximately 62% of CSI Solar, assuming that the over-allotment option is exercised in full.

CALC (1848.HK)'s subsidiary CALC (TJ) completes first low-carbon transition corporate bond issue in 2023, recording subscription application of nearly 3 times

Retrieved on: 
Tuesday, June 6, 2023

It attracted a subscription application of 2.83 times, and its coupon rate hit a new low of 3.85% among CALC (TJ)'s bonds with the same term.

Key Points: 
  • It attracted a subscription application of 2.83 times, and its coupon rate hit a new low of 3.85% among CALC (TJ)'s bonds with the same term.
  • As the first low-carbon transition corporate bond issued by CALC (TJ) on the Shanghai Stock Exchange, the subscription scale and the number of participating investors of this bond issuance have reached a new height among bonds issued by CALC (TJ) with the same term.
  • It lays a solid foundation for CALC (TJ)'s low-carbon transition, and help further promote the sustainable development of the civil aviation industry.
  • This issuance is also our second attempt in the capital market following the successful issuance of the first low-carbon transition bond in October 2022.