On March 19, Bandung Optoelectronics (300710) recently announced that the company’s shareholder Xinyu Huakai Jicheng Investment Management Center (limited partnership) reduced the company’s shares by 1.36 million shares through centralized competitive trading. The price range of this reduction is 30.88-35.14 yuan / share, and the cash out is about 47.7904 million yuan.
According to the announcement, Huakai investment held 2438559 shares of the company before the reduction, and held 1078559 shares after the reduction, accounting for 1.57% of the total share capital.
According to the company’s performance forecast in 2020, the company’s net profit attributable to shareholders of Listed Companies in 2020 was 50 million yuan to 70 million yuan, an increase of 308.65% – 472.11% over the same period of last year.
According to the data of digbei.com, Wanlong optoelectronics is mainly engaged in R & D, production, sales and technical services of radio and television network equipment and data communication system. It is a leading provider of overall solutions for radio and television network equipment and data communication system in China.