Annuncio • Apr 25
Brilliance Technology Co., Ltd., Annual General Meeting, May 15, 2026 Brilliance Technology Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 25
Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.27 loss in FY 2024) Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.27 loss in FY 2024). Revenue: CN¥1.07b (down 20% from FY 2024). Net loss: CN¥13.3m (loss narrowed 84% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Annuncio • Mar 31
Brilliance Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Brilliance Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Dec 31
Brilliance Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Brilliance Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.048 loss per share (vs CN¥0.011 loss in 3Q 2024) Third quarter 2025 results: CN¥0.048 loss per share (further deteriorated from CN¥0.011 loss in 3Q 2024). Revenue: CN¥192.9m (down 23% from 3Q 2024). Net loss: CN¥9.69m (loss widened 183% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Brilliance Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Brilliance Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Annuncio • Jul 02
Brilliance Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Brilliance Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.12 profit in FY 2023) Full year 2024 results: CN¥0.27 loss per share (down from CN¥0.12 profit in FY 2023). Revenue: CN¥1.35b (down 22% from FY 2023). Net loss: CN¥81.5m (down 324% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Annuncio • Apr 26
Brilliance Technology Co., Ltd., Annual General Meeting, May 16, 2025 Brilliance Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Annuncio • Apr 23
Brilliance Technology Co., Ltd. announced a financing transaction Brilliance Technology Co., Ltd. announced a private placement to issue common shares on April 21, 2025. The transaction will include participation from no more than 35 investors who meet the conditions stipulated by the China Securities Regulatory Commission. The transaction has been approved by the 18th meeting of the 11th Board of Directors and the 14th meeting of the 11th Supervisory Board of the listed company, will need to convene another meeting of the Board of Directors, the Supervisory Board, and a special meeting of independent directors to review and approve the relevant proposals for this transaction, subject to review and approval by the Shenzhen Stock Exchange and will require registration approval from the China Securities Regulatory Commission (CSRC). The shares subscribed by the issuer of the matching funds raised this time shall not be transferred within 6 months from the date of the end of the issuance. Board Change • Apr 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ming He was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annuncio • Apr 09
Brilliance Technology Co., Ltd. (SZSE:300542) signed a letter of intent to acquire 91.01% stake in Beijing T-ones Technology Co., Ltd from Zhou Haoyang and Bi Lingzhi. Brilliance Technology Co., Ltd. (SZSE:300542) signed a letter of intent to acquire 91.01% stake in Beijing T-ones Technology Co., Ltd from Zhou Haoyang and Bi Lingzhi on April 7, 2025. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Annuncio • Mar 31
Brilliance Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Brilliance Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Brilliance Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Brilliance Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Nov 22
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.044 loss in 3Q 2023) Third quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.044 loss in 3Q 2023). Revenue: CN¥251.6m (down 27% from 3Q 2023). Net loss: CN¥3.42m (loss narrowed 84% from 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Brilliance Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Brilliance Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.005 loss per share (vs CN¥0.055 profit in 2Q 2023) Second quarter 2024 results: CN¥0.005 loss per share (down from CN¥0.055 profit in 2Q 2023). Revenue: CN¥229.8m (down 33% from 2Q 2023). Net loss: CN¥1.11m (down 113% from profit in 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Jun 29
Brilliance Technology Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Brilliance Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Annuncio • Apr 27
Brilliance Technology Co., Ltd. Proposes Final Cash Dividend for 2023 Brilliance Technology Co., Ltd. announced on 25 April 2024 the profit distribution proposal for 2023 as follows: Final Cash dividend/10 shares (tax included) of CNY 0.14000000. Reported Earnings • Apr 26
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.12 (down from CN¥0.17 in FY 2022). Revenue: CN¥1.73b (up 19% from FY 2022). Net income: CN¥36.4m (down 30% from FY 2022). Profit margin: 2.1% (down from 3.6% in FY 2022). Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Apr 26
Brilliance Technology Co., Ltd., Annual General Meeting, May 17, 2024 Brilliance Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Annuncio • Mar 30
Brilliance Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Brilliance Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). New Risk • Feb 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Annuncio • Dec 29
Brilliance Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Brilliance Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Oct 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Annuncio • Sep 30
Brilliance Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Brilliance Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.055 (vs CN¥0.055 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.055 (in line with 2Q 2022). Revenue: CN¥343.3m (up 20% from 2Q 2022). Net income: CN¥8.72m (down 48% from 2Q 2022). Profit margin: 2.5% (down from 5.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Aug 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Annuncio • Jun 30
Brilliance Technology Co., Ltd. Announces Management Appointments Brilliance Technology Co., Ltd. announced at the EGM held on June 28, 2023, approved election of Zhang Yansheng as non-independent director; Lei Botao, He Ming and Chen Bo as independent directors and Fang Zhe as non-employee supervisors. Annuncio • Jun 08
Brilliance Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 14 June 2023 Brilliance Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.20000000 for the year 2022, payable on 14 June 2023. Record date is 13 June 2023. Ex-date is 14 June 2023. Annuncio • May 19
Brilliance Technology Co., Ltd. Approves Final Cash Dividend for 2022 Brilliance Technology Co., Ltd. held its Annual General Meeting of 2022 on 17 May 2023, approved final cash dividend of CNY0.20000000 (tax included) per ten shares for 2022. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.21 in FY 2021) Full year 2022 results: EPS: CN¥0.17 (down from CN¥0.21 in FY 2021). Revenue: CN¥1.45b (up 37% from FY 2021). Net income: CN¥52.1m (down 18% from FY 2021). Profit margin: 3.6% (down from 6.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.27, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 47x in the IT industry in China. Total returns to shareholders of 11% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Forrest Zhong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0 (vs CN¥0.016 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0 (improved from CN¥0.016 loss in 3Q 2021). Revenue: CN¥275.9m (up 59% from 3Q 2021). Net loss: CN¥124.1k (loss narrowed 97% from 3Q 2021). Profit margin: 0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥13.19, the stock trades at a trailing P/E ratio of 63.1x. Average trailing P/E is 43x in the IT industry in China. Total returns to shareholders of 5.6% over the past three years. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.055 (vs CN¥0.073 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.055 (down from CN¥0.073 in 2Q 2021). Revenue: CN¥286.9m (up 12% from 2Q 2021). Net income: CN¥16.7m (down 17% from 2Q 2021). Profit margin: 5.8% (down from 7.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥13.74, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 46x in the IT industry in China. Total returns to shareholders of 28% over the past three years. Annuncio • Jun 21
Brilliance Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 24, 2022 Brilliance Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2021. Record date is June 23, 2022. Ex-date is June 24, 2022. Payment date is June 24, 2022. Annuncio • May 19
Brilliance Technology Co., Ltd. Approves Cash Dividend for 2021 Brilliance Technology Co., Ltd. held its Annual General Meeting of 2021 on May 17, 2022, approved 2021 profit distribution plan, Cash dividend (tax included) of CNY 1.00000000 per 10 shares. Annuncio • Apr 27
Brilliance Technology Co., Ltd. Proposes Final Dividend for 2021 Brilliance Technology Co., Ltd. proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2021. Reported Earnings • Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥0.21 (down from CN¥0.23 in FY 2020). Revenue: CN¥1.06b (down 7.7% from FY 2020). Net income: CN¥63.6m (down 6.9% from FY 2020). Profit margin: 6.0% (up from 5.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.76, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 43x in the IT industry in China. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥16.93, the stock trades at a trailing P/E ratio of 77.1x. Average trailing P/E is 49x in the IT industry in China. Total returns to shareholders of 102% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.016 loss per share (vs CN¥0.006 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥173.5m (down 46% from 3Q 2020). Net loss: CN¥3.50m (down 301% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥14.88, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 81% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.057 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: CN¥257.3m (down 16% from 2Q 2020). Net income: CN¥20.1m (down 7.7% from 2Q 2020). Profit margin: 7.8% (up from 7.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥14.16, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 45x in the IT industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.038 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥137.2m (up 25% from 1Q 2020). Net loss: CN¥8.76m (loss narrowed 24% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 27
Brilliance Technology Co., Ltd. Announces Cash Dividend on A Shares for the Year 2020, Payable on 30 April 2021 Brilliance Technology Co., Ltd. announced 2020 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.90000000. Record date: 29 April 2021. Ex-date: 30 April 2021. Payment date: 30 April 2021. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.18 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.15b (up 6.0% from FY 2019). Net income: CN¥68.3m (up 24% from FY 2019). Profit margin: 5.9% (up from 5.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 24
Brilliance Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Brilliance Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥12.07 The company is down 30% from its price of CN¥17.31 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 24% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥14.05 The company is down 11% from its price of CN¥15.75 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 19% over the same period. Valuation Update With 7 Day Price Move • Dec 09
Market pulls back on stock over the past week After last week's 17% share price decline to CN¥15.76, the stock is trading at a trailing P/E ratio of 74x, down from the previous P/E ratio of 89.5x. This compares to an average P/E of 74x in the IT industry in China. Total returns to shareholders over the past three years are 81%. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥57.0m, up 49% from the prior year. Total revenue was CN¥1.15b over the last 12 months, up 1.0% from the prior year. Is New 90 Day High Low • Sep 21
New 90-day high: CN¥14.79 The company is up 34% from its price of CN¥11.04 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period. Annuncio • Aug 21
Brilliance Technology Co., Ltd. announced that it expects to receive CNY 300 million in funding Brilliance Technology Co., Ltd. (SZSE:300542) announced a private placement of up to 90,025,043 A common shares for gross proceeds of up to CNY 300,000,000 on August 17, 2020. The transaction will involve participation from not more than 35 investors. The shares have face value of CNY 1. The pricing base date of this transaction is the first day of the issue period, and the issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The resolution of this issuance is valid for 12 months from the date of deliberation and approval by the company's shareholders meeting. All shares issued in the transaction is subject to a hold period of six months. The transaction is approved at the 4th meeting of the 10th directorate of the company, and is subject to the approval of the company's shareholders meeting, Shenzhen Stock Exchange and the China Securities Regulatory Commission. Annuncio • Aug 13
Brilliance Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Brilliance Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020