Hengwan Technology (01523) Happy Profit Growth Expected to Increase Shareholders' Net Profit

14/11/2024

GMT Eight

Heng Tong Technology (01523) announced that as of October 31, 2024, the group's 10-month net profit attributable to the owners of the parent company increased by not less than 10% compared to the full year net profit of approximately 28.1 million US dollars as of December 31, 2023. The increase in net profit during the period was mainly attributed to the increase in sales of the group's SD-WAN routers, contributions from other new connected products, and the improvement in the group's net profit margin.

XIMEI RESOURCES(09936): Jinstone New Materials Fund invests 60 million RMB in Ximei Guangdong and subscribes to 4.41% of Ximei Guangdong's equity.

Suzhou HYC Technology (688001.SH) plans to repurchase 25 to 50 million yuan worth of shares, with a repurchase price not exceeding 47 yuan per share.

Contact: contact@gmteight.com

Hengwan Technology (01523) Happy Profit Growth Expected to Increase Shareholders' Net Profit

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