Shanghai Stock Exchange STAR Market

AXT, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
IPO, SSE, AXT, Tax, Beida Jade Bird Universal Sci-Tech, Star Market, GAAP, Environment, Shanghai Stock Exchange, Shanghai Stock Exchange STAR Market, Indium, Rationalization, China Securities Regulatory Commission, CSRC, Video game, Reinsurance, Cryptocurrency

GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.

Key Points: 
  • GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.
  • Non-GAAP gross margin was 11.3 percent of revenue for the third quarter of 2023, compared with 9.8 percent of revenue for the second quarter of 2023 and 42.2 percent of revenue for the third quarter of 2022.
  • GAAP operating expenses were $8.6 million for the third quarter of 2023, compared with $8.6 million for the second quarter of 2023 and $10.2 million for the third quarter of 2022.
  • Non-GAAP operating expenses were $7.8 million for the third quarter of 2023, compared with $7.8 million for the second quarter of 2023 and $9.2 million for the third quarter of 2022.

ACM Research Announces Preliminary Unaudited Revenue Range for Third Quarter 2023

Retrieved on: 
Friday, October 27, 2023
Research, Shanghai Stock Exchange, ACM, RMB, Shanghai Stock Exchange STAR Market, Rare-earth element, Property management

FREMONT, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its preliminary unaudited revenue for the third quarter of 2023 is expected to be in the range of $165 million to $168 million.

Key Points: 
  • FREMONT, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its preliminary unaudited revenue for the third quarter of 2023 is expected to be in the range of $165 million to $168 million.
  • Actual unaudited third quarter 2023 results are subject to the completion of ACM’s quarter end closing procedures and review by ACM’s independent registered public accounting firm.
  • Today’s release of ACM’s third quarter 2023 preliminary unaudited expected revenue range coincides with the release of unaudited financial results by ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary (ACM Shanghai), to the Shanghai Stock Exchange website [ link to China Disclosure ].
  • ACM currently owns an 82.1% equity interest in ACM Shanghai, and a substantial majority of ACM’s consolidated revenue and net income is contributed by ACM Shanghai.

ACM Research to Release Third Quarter 2023 Preliminary Revenue Range on October 27, 2023 and Full Financial Results on November 7, 2023

Retrieved on: 
Thursday, October 19, 2023
Research, Telephone, ACM, Shanghai Stock Exchange, PIN, Shanghai Stock Exchange STAR Market, Property management

FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2023 before the U.S. market open on Friday, October 27, 2023, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange.

Key Points: 
  • FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2023 before the U.S. market open on Friday, October 27, 2023, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange.
  • ACM will release its full financial results for the third quarter of 2023 before the U.S. market open on Tuesday, November 7, 2023.
  • ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results.
  • ACM Third Quarter (ended September 30, 2023) Earnings Call
    To join the conference call via telephone, participants must use the following link to complete an online registration process.

Telink Semiconductor Officially Lists on the Shanghai Stock Exchange's Sci-Tech Innovation Board

Retrieved on: 
Monday, September 11, 2023
Internet, Intellectual property, Shanghai Stock Exchange, Zigbee, Research, SOC, Shanghai Stock Exchange STAR Market, Electronics, Defense Innovation Board, Video game, Consumer electronics, Internet of things

SANTA CLARA, Calif., Sept. 11, 2023 /PRNewswire/ -- Telink Semiconductor (Shanghai) Co., Ltd. ("Telink Semiconductor" or the "Company") (Stock Abbreviation: 688591.SH), a pioneering semiconductor company, achieved a significant milestone on August 25, 2023, by successfully listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board.

Key Points: 
  • SANTA CLARA, Calif., Sept. 11, 2023 /PRNewswire/ -- Telink Semiconductor (Shanghai) Co., Ltd. ("Telink Semiconductor" or the "Company") (Stock Abbreviation: 688591.SH), a pioneering semiconductor company, achieved a significant milestone on August 25, 2023, by successfully listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board.
  • This momentous occasion marks Telink Semiconductor's official entry into the capital market, ushering in a new era of high-quality corporate development.
  • Additionally, Telink Semiconductor has expanded its offerings to encompass multi-protocol SoC products compatible with various IoT application protocols.
  • As Telink Semiconductor embarks on this new phase of its journey, the company remains determined and equipped to scale new heights.

Canadian Solar Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 22, 2023
Borrowing base, Maintenance, IPO, Total, Senior, Shanghai Stock Exchange, FIT, Nominal power (photovoltaic), EPC, EDF Renewables, Sale, Regional effects of the 2021–2022 global energy crisis, Inflation, Investment, Depreciation, Shanghai Stock Exchange STAR Market, Engineering, Professional, Kilowatt-hour, CFO, Growth, Recurrence, GWP, Inflation Reduction Act of 2022, Silicon, Canadian Solar, PPA, Environment, Defense Innovation Board, Rare-earth element, Renewable energy, Pharmaceutical industry, Security (finance), Electric battery, Video game, Cryptocurrency, Propane, Bank, Oil

GUELPH, ON, Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • GUELPH, ON, Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2023.
  • Yan Zhuang, President of Canadian Solar's CSI Solar subsidiary, said, "CSI Solar achieved strong results in the second quarter despite the sharp decline in market prices.
  • Total operating expenses in the second quarter of 2023 were $216 million, compared to $172 million in the first quarter of 2023 and $255 million in the second quarter of 2022.
  • Depreciation and amortization charges in the second quarter of 2023 were $73 million, compared to $68 million in the first quarter of 2023 and $63 million in the second quarter of 2022.

Date of Board Meeting and Date of Announcement of Second Quarter and Half Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, August 16, 2023
Q2, Interim, Shanghai Stock Exchange STAR Market, Stock exchange, Clothing, Audit, Cryptocurrency

SHANGHAI, Aug. 16, 2023 /PRNewswire/ -- The board of directors (the "Board") of Noah Holdings Limited (the "Company", with its subsidiaries and consolidated affiliated entities, the "Group") will hold a Board meeting on Monday, August 28, 2023 (Hong Kong time) for the purpose of, among others, considering and approving the unaudited financial results of the Group for the three months and six months ended June 30, 2023 (the "Q2 and Interim Results") and its publication.

Key Points: 
  • SHANGHAI, Aug. 16, 2023 /PRNewswire/ -- The board of directors (the "Board") of Noah Holdings Limited (the "Company", with its subsidiaries and consolidated affiliated entities, the "Group") will hold a Board meeting on Monday, August 28, 2023 (Hong Kong time) for the purpose of, among others, considering and approving the unaudited financial results of the Group for the three months and six months ended June 30, 2023 (the "Q2 and Interim Results") and its publication.
  • The Company will announce its Q2 and Interim Results at or around 6:00 a.m. on Tuesday, August 29, 2023 (Hong Kong time) on the website of The Stock Exchange of Hong Kong Limited at www.hkexnews.hk .
  • Following the announcement of the Q2 and Interim Results, the Company's senior management will host a combined English and Chinese language earnings conference call to discuss its Q2 and Interim Results and recent business activities.
  • The conference call may be accessed with the following details:

JinkoSolar Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023
Posterior predictive distribution, Marketing, Shanghai Stock Exchange, RSVP, The Company, NYSE, GW, Research, N, China Securities Regulatory Commission, Conference, Total, JKS, Le Cirque World's Top Performers, Building automation, Cell, PIN, USB On-The-Go, RMB, Defense Innovation Board, ADS, D.A.V. College Managing Committee, Calendar, Income tax, PV, Sale, Limited partnership, Shanghai Stock Exchange STAR Market, Renewable energy, Silicon, Topcon, JinkoSolar, Clothing, Beauty salon, Holding company, Security (finance), Video game, Cryptocurrency, Rare-earth element, Internet service provider, Lighting, Note

Gross profit in the second quarter of 2023 was RMB4.78 billion (US$659.6 million), compared with RMB4.04 billion in the first quarter of 2023 and RMB2.77 billion in the second quarter of 2022.

Key Points: 
  • Gross profit in the second quarter of 2023 was RMB4.78 billion (US$659.6 million), compared with RMB4.04 billion in the first quarter of 2023 and RMB2.77 billion in the second quarter of 2022.
  • Gross margin was 15.6% in the second quarter of 2023, compared with 17.3% in the first quarter of 2023 and 14.7% in the second quarter of 2022.
  • Total operating expenses accounted for 10.6% of total revenues in the second quarter of 2023, compared to 12.1% in the first quarter of 2023 and 16.2% in the second quarter of 2022.
  • Subsidy income in the second quarter of 2023 was RMB292.4 million (US$40.3 million), compared with RMB264.0 million in the first quarter of 2023 and RMB464.8 million in the second quarter of 2022.

JinkoSolar' s Subsidiary Jiangxi Jinko Announces Proposed Private Offering of up to RMB9.7 Billion in Ordinary Shares

Retrieved on: 
Monday, August 14, 2023
Private, JKS, Shanghai Stock Exchange, China Securities Regulatory Commission, The Company, Shanghai Stock Exchange STAR Market, Silicon, NYSE, JinkoSolar, Security (finance)

SHANGRAO, China, Aug. 14, 2023 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar Co., Ltd. ("Jiangxi Jinko"), its majority-owned principal operating subsidiary, intends to offer ordinary shares, subject to market conditions and other factors, in a private offering to qualified institutional buyers in compliance with the requirements of the China Securities Regulatory Commission (the "Private Offering").

Key Points: 
  • SHANGRAO, China, Aug. 14, 2023 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar Co., Ltd. ("Jiangxi Jinko"), its majority-owned principal operating subsidiary, intends to offer ordinary shares, subject to market conditions and other factors, in a private offering to qualified institutional buyers in compliance with the requirements of the China Securities Regulatory Commission (the "Private Offering").
  • The gross proceeds of the Private Offering are expected to be not more than RMB9.7 billion, which will be used for (i) construction and development of the integrated project of Jiangxi Jinko in Shanxi, China, manufacturing monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules, and (ii) working capital or repayment of loans for Jiangxi Jinko.
  • The completion of the Private Offering is subject to the approval of Jiangxi Jinko's shareholders, the review process by the Shanghai Stock Exchange and the registration process by the China Securities Regulatory Commission.
  • JinkoSolar currently owns approximately 58.62% equity interest in Jiangxi Jinko.

H World Group Limited Schedules Second Quarter and Interim of 2023 Earnings Release on August 24, 2023

Retrieved on: 
Thursday, August 10, 2023
Shanghai Stock Exchange STAR Market, HKEX, Stock exchange, PIN, Participation, Online shopping, Video game

H World’s management will host a conference call at 9 p.m. (U.S. Eastern time) on Thursday, August 24, 2023 (or 9 a.m. (Hong Kong time) on Friday, August 25, 2023) following the announcement.

Key Points: 
  • H World’s management will host a conference call at 9 p.m. (U.S. Eastern time) on Thursday, August 24, 2023 (or 9 a.m. (Hong Kong time) on Friday, August 25, 2023) following the announcement.
  • Only participants on the original line will have the ability to ask verbal questions during the Q&A.
  • Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN.
  • A replay of the conference call will be available for twelve months from the date of the conference at the Company’s website, https://ir.hworld.com/news-and-events/events-calendar .

AXT, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023
AXT, IPO, Shanghai Stock Exchange, Star Market, Tax, GAAP, China Securities Regulatory Commission, SSE, Beida Jade Bird Universal Sci-Tech, Shanghai Stock Exchange STAR Market, CSRC, Video game, Reinsurance, Cryptocurrency

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.