Shanghai Stock Exchange

Tianjin Port Group, Tianjin Port Development and Tianjin Port Co Visit to and promotion activities in Singapore and Hong Kong bear fruitful results

Retrieved on: 
Sunday, February 26, 2023

HONG KONG, Feb 27, 2023 - (ACN Newswire) - Tianjin Port Group (the controlling shareholder holding 53.5% equity of Tianjin Port Development) , Tianjin Port Development Holdings Co., Ltd. ("Tianjin Port Development" , Hong Kong stock code: 03382), and its listed subsidiary company Tianjin Port Holdings Co., Ltd. ("Tianjin Port Co", Shanghai Stock code: 600717) (Tianjin Port Development and Tianjin Port Co collectively referred to as the "Group") were in Singapore and Hong Kong between February 15th and 22nd, to visit and carry out a series of promotion and exchange activities with customers and business partners to explore cooperation and development opportunities, to the end of hastening construction of Port of Tianjin into a world-class green smart hub port that can contribute to Tianjin opening to the world and achieve high quality economic development.

Key Points: 
  • HONG KONG, Feb 27, 2023 - (ACN Newswire) - Tianjin Port Group (the controlling shareholder holding 53.5% equity of Tianjin Port Development) , Tianjin Port Development Holdings Co., Ltd. ("Tianjin Port Development" , Hong Kong stock code: 03382), and its listed subsidiary company Tianjin Port Holdings Co., Ltd. ("Tianjin Port Co", Shanghai Stock code: 600717) (Tianjin Port Development and Tianjin Port Co collectively referred to as the "Group") were in Singapore and Hong Kong between February 15th and 22nd, to visit and carry out a series of promotion and exchange activities with customers and business partners to explore cooperation and development opportunities, to the end of hastening construction of Port of Tianjin into a world-class green smart hub port that can contribute to Tianjin opening to the world and achieve high quality economic development.
  • In Singapore, Tianjin Port Group and the Group visited Hapag-lloyd (Singapore) Pte Ltd., Ocean Network Express Pte.
  • On the trip, Tianjin Port Group and PSA International signed a memorandum of strategic cooperation, and strategic cooperation framework agreements were signed with China Merchants Port Group Co., Ltd. and COSCO Shipping Port Co., Ltd respectively.
  • The Group sees in its visit to Singapore and Hong Kong opportunities to explore more aspects of cooperation and joint development.

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, February 16, 2023

Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.

Key Points: 
  • Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.
  • GAAP gross margin was 32.1 percent of revenue for the fourth quarter of 2022, compared with 42.0 percent of revenue in the third quarter of 2022 and 32.2 percent for the fourth quarter of 2021.
  • This compares with $10.2 million in the third quarter of 2022 and $9.1 million for the fourth quarter of 2021.
  • Fiscal Year 2022 Results (January 1 to December 31, 2022)
    Revenue for fiscal year 2022 was $141.1 million, compared with $137.4 million in fiscal year 2021.

Linklogis’ Supply Chain ABS Issuance Reaching RMB 25 Billion on the Shanghai Stock Exchange

Retrieved on: 
Friday, February 10, 2023

Shenzhen, China, Feb. 10, 2023 (GLOBE NEWSWIRE) -- As the leading supply chain finance technology solution provider in China, Linklogis was awarded the “2022 Special Initiator of ABS Revitalizing Stock Assets” by the Shanghai Stock Exchange.

Key Points: 
  • Shenzhen, China, Feb. 10, 2023 (GLOBE NEWSWIRE) -- As the leading supply chain finance technology solution provider in China, Linklogis was awarded the “2022 Special Initiator of ABS Revitalizing Stock Assets” by the Shanghai Stock Exchange.
  • The award aims to commend the enterprises that support the issuance of asset-backed securities and tap the full potential of stock assets.
  • In 2022, the companies under Linklogis issued a total of 56 Asset-Backed Securitization (ABS) products on the Shanghai Stock Exchange, with the total issuance scale reaching RMB 25 billion, occupying the largest market share among third-party factoring companies.
  • The Shanghai Stock Exchange recognized Linklogis’ positive contribution in the issuance of ABS and the support for the real economy, demonstrating the good brand image and social credibility of Linklogis.

Baozun Completes Acquisition of Gap Shanghai and Announces Senior Management Appointment for Gap Greater China

Retrieved on: 
Wednesday, February 1, 2023

Since the opening of its first China store in 2010, Gap Greater China has achieved robust expansion throughout Greater China, amassing broad brand awareness in the region.

Key Points: 
  • Since the opening of its first China store in 2010, Gap Greater China has achieved robust expansion throughout Greater China, amassing broad brand awareness in the region.
  • Following the completion of the acquisition of Gap Shanghai, Baozun will run Gap’s operations in Mainland, Hong Kong and Macao, China, starting from February 1, 2023.
  • Gap Greater China will become part of the Baozun group, under the business line of Baozun Brand Management, led by Sandrine Zerbib, President of Baozun Brand Management.
  • Vincent Qiu, Chairman and Chief Executive Officer of Baozun, commented: “We are excited to welcome Gap Greater China and Wing Xiao into Baozun Brand Management.

ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Preliminary Financial Results for Fiscal Year 2022

Retrieved on: 
Monday, January 30, 2023

Actual 2022 results of ACM Shanghai are subject to the completion of ACM Shanghai’s quarter end closing procedures.

Key Points: 
  • Actual 2022 results of ACM Shanghai are subject to the completion of ACM Shanghai’s quarter end closing procedures.
  • ACM currently owns an 82.5% equity interest in ACM Shanghai, and a substantial majority of ACM’s consolidated revenue and net profit is contributed by ACM Shanghai.
  • ACM and its operating subsidiary ACM Shanghai both plan to release financial results for the fourth quarter and fiscal year 2022 on Friday, February 24, 2023.
  • ACM plans to release its results before the U.S. market open, and ACM Shanghai plans to release its results after the market close in China.

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimates of Net Profit for 2022

Retrieved on: 
Thursday, January 19, 2023

Xinjiang Daqo estimates that under PRC GAAP its net profit attributable to Xinjiang Daqo's shareholders in 2022 would be in the range of RMB19.0~19.2 billion, representing a 231.9%~235.4% increase as compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.7 billion in 2021.

Key Points: 
  • Xinjiang Daqo estimates that under PRC GAAP its net profit attributable to Xinjiang Daqo's shareholders in 2022 would be in the range of RMB19.0~19.2 billion, representing a 231.9%~235.4% increase as compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.7 billion in 2021.
  • Xinjiang Daqo's unaudited net profit attributable to its shareholders in the three quarters ended September 30, 2022 was RMB15.1 billion.
  • Daqo New Energy currently beneficially owns 72.7% of Xinjiang Daqo's equity interest, and a majority of the Company's revenue and net income are contributed by Xinjiang Daqo.
  • In addition, the estimated net profit is not necessarily indicative of the results to be achieved by Xinjiang Daqo in any future period.

China Southern Airlines Company Limited

Retrieved on: 
Friday, January 13, 2023

From and after that date, the ADSs of the Company will no longer be listed and traded on the NYSE.

Key Points: 
  • From and after that date, the ADSs of the Company will no longer be listed and traded on the NYSE.
  • Once the Form 15F is filed, the Company will publish the information required under Rule 12g3-2(b) of the Exchange Act on its website, https://www.csair.com .
  • The Company intends to terminate its ADS program after delisting its ADSs from the NYSE in due course in accordance with the deposit agreement.
  • H Shares of the Company will continue to be traded on the Hong Kong Stock Exchange.

Semiconductor Manufacturing International Corporation Fourth Quarter 2022 Webcast Conference Call

Retrieved on: 
Tuesday, January 10, 2023

SHANGHAI, Jan. 10, 2023 /PRNewswire/ -- SMIC's fourth quarter 2022 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, February 09, 2023.

Key Points: 

SHANGHAI, Jan. 10, 2023 /PRNewswire/ -- SMIC's fourth quarter 2022 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, February 09, 2023.

Faraday Future Appoints Mr. Xuefeng Chen and Ms. Ke Sun to Board of Directors

Retrieved on: 
Thursday, December 29, 2022

Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.

Key Points: 
  • Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.
  • Mr. XF Chen and Ms. Ke Sun fill the vacancies on the Board due to the resignations of Dr. Carsten Breitfeld and Mr. Edwin Goh, who both stepped down from the Board effective as of December 26, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20221229005298/en/
    Ms. Ke Sun appointed to Faraday Future's Board of Directors.
  • Ms. Sun also served as the Secretary of the board of directors of BAIC Motor from September 2016 to September 2017.

YOFC Provides Optical Fiber Solutions to Customers Worldwide

Retrieved on: 
Saturday, December 31, 2022

WUHAN, China, Dec. 31, 2022 /PRNewswire/ -- Lijing Zhou, Senior Vice President of Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), a world-leading provider of optical fiber preforms, optical fibers, optical fiber cables (OFCs) and integrated solutions, recently arrived in Peru to meet with Pedro Bogarin, governor of San Martin, and accompanied him on a tour of YOFC's data center there.

Key Points: 
  • WUHAN, China, Dec. 31, 2022 /PRNewswire/ -- Lijing Zhou, Senior Vice President of Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), a world-leading provider of optical fiber preforms, optical fibers, optical fiber cables (OFCs) and integrated solutions, recently arrived in Peru to meet with Pedro Bogarin, governor of San Martin, and accompanied him on a tour of YOFC's data center there.
  • By doing so, YOFC has increased the percentage of fiber broadband users in the country from 3.4% to 19%.
  • It is a technologically innovative enterprise and a global leading supplier, which specializes in designing and manufacturing optical fibre preforms, optical fibres and optical fibre cables, as well as providing integrated solutions and services to its customers.
  • YOFC mainly produces and sells different types of optical fibre preforms, optical fibres and optical fibre cables that are widely applied in the telecommunications industry, customized optical modules, specialty optical fibres, active optical cables, submarine cables, RF coaxial cables and accessories, etc.