Board Change • May 20
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: 4 independent directors. 5 non-independent directors. GM & Non-Independent Director Junma Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. お知らせ • Apr 24
Shandong Hi-tech Spring Material Technology Co., Ltd. announced that it expects to receive CNY 295.4711 million in funding Shandong Hi-tech Spring Material Technology Co., Ltd. has announced private placement to issue A shares not more than 66,838,733 shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds not more then CNY 295,471,100 on April 22, 2026. The transaction will include investor participation not more than 35 investors. The transaction is approved by 2nd directorate in 25th meeting of proposal about submitting a proposal to the shareholders meeting to authorize the directorate to Implement a simplified private placement of shares. The transaction is subject to approval of company’s annual shareholders, Shenzhen Stock Exchange and the China Securities Regulatory Commission. All the securities issued in the offering is subject to a hold period of 6 months from date of issuance. お知らせ • Apr 23
Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 15, 2026 Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 15, 2026, at 15:30 China Standard Time. Location: The Company's Meeting Room, Shijiazhuang, Hebei China お知らせ • Mar 31
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 お知らせ • Dec 31
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 お知らせ • Sep 30
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 お知らせ • Aug 28
Shandong Hi-tech Spring Material Technology Co., Ltd. (SZSE:301292) announces an Equity Buyback for CNY 22 million worth of its shares. Shandong Hi-tech Spring Material Technology Co., Ltd. (SZSE:301292) announces a share repurchase program. Under the program, the company will repurchase up to CNY 22 million. The shares will be repurchased at no more than CNY 30 per share. The purpose of the program is ESOP. The program will be funded from company's own funds. The plan will be valid for 6 months after the shareholders' approval. お知らせ • Jul 02
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 お知らせ • Apr 24
Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 15, 2025 Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Zibo, Shandong China お知らせ • Mar 31
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 お知らせ • Dec 31
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.46 loss per share (vs CN¥0.03 profit in 3Q 2023) Third quarter 2024 results: CN¥0.46 loss per share (down from CN¥0.03 profit in 3Q 2023). Revenue: CN¥741.1m (down 20% from 3Q 2023). Net loss: CN¥103.2m (down CN¥110.9m from profit in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. お知らせ • Sep 30
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 04
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 7.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.14 profit in 2Q 2023) Second quarter 2024 results: CN¥0.22 loss per share (down from CN¥0.14 profit in 2Q 2023). Revenue: CN¥952.1m (up 18% from 2Q 2023). Net loss: CN¥49.0m (down 302% from profit in 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. お知らせ • Jun 29
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 お知らせ • Apr 21
Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 13, 2024 Shandong Hi-tech Spring Material Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 15:30 China Standard Time. Location: The Company's Meeting Room, Dongying, Shandong China Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥1.70 in FY 2022) Full year 2023 results: EPS: CN¥0.17 (down from CN¥1.70 in FY 2022). Revenue: CN¥3.36b (up 11% from FY 2022). Net income: CN¥31.6m (down 89% from FY 2022). Profit margin: 0.9% (down from 9.4% in FY 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. お知らせ • Mar 30
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 お知らせ • Dec 29
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.03. Net income: CN¥7.70m (up CN¥7.70m from 3Q 2022). お知らせ • Sep 30
Shandong Hi-tech Spring Material Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shandong Hi-tech Spring Material Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released Second quarter 2023 results: Net income: CN¥24.2m (up CN¥24.2m from 2Q 2022).