공고 • Jul 22
Huaqin Co., Ltd. (SHSE:603296) announces an Equity Buyback for CNY 200 million worth of its shares. Huaqin Technology Co., Ltd. (SHSE:603296) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 100 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The source of fund will be own funds. The repurchase program is valid for 3 months from the Company's Directorate’s Approval Date. Recent Insider Transactions • Jul 09
GM & Chairman of the Board recently bought CN¥5.0m worth of stock On the 30th of June, Wensheng Qiu bought around 70k shares on-market at roughly CN¥72.07 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Wensheng's only on-market trade for the last 12 months. 공고 • Jun 30
Huaqin Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Huaqin Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Declared Dividend • Jun 12
Dividend increased to CN¥1.20 Dividend of CN¥1.20 is 87% higher than last year. Ex-date: 17th June 2026 Payment date: 17th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥99.18, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Tech industry in China. Total returns to shareholders of 38% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.86 per share. New Risk • Jun 06
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 8.3% 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 High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Fang Yu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Apr 30
Huaqin Co., Ltd., Annual General Meeting, May 20, 2026 Huaqin Co., Ltd., Annual General Meeting, May 20, 2026, at 09:00 China Standard Time. Location: conference room, huaqin global r&d center, no. 699 lvke road, pudong new district, shanghai China 공고 • Apr 21
Huaqin Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 4.549195 billion. Huaqin Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 4.549195 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 5,854,900
Price\Range: HKD 77.7
Discount Per Security: HKD 0.2331
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 23,443,200
Price\Range: HKD 77.7
Discount Per Security: HKD 0.2331
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 29,250,100
Price\Range: HKD 77.7
Discount Per Security: HKD 0.2331
Transaction Features: New Market Listing; Regulation S; Rule 144A 공고 • Apr 15
Huaqin Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 5.231572 billion. Huaqin Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 5.231572 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 5,854,900
Price(maximum): HKD 77.7
Discount Per Security: HKD 0.2331
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 32,225,436
Price(maximum): HKD 77.7
Discount Per Security: HKD 0.2331
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 29,250,064
Price(maximum): HKD 77.7
Discount Per Security: HKD 0.2331
Transaction Features: New Market Listing; Regulation S; Rule 144A 공고 • Mar 30
Huaqin Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Huaqin Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 공고 • Dec 26
Huaqin Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Huaqin Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 공고 • Sep 30
Huaqin Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Huaqin Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 공고 • Jun 30
Huaqin Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Huaqin Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공고 • Apr 24
Huaqin Technology Co., Ltd., Annual General Meeting, May 14, 2025 Huaqin Technology Co., Ltd., Annual General Meeting, May 14, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China 공고 • Apr 23
THine Electronics, Inc. (TSE:6769) agreed to acquire remaining 30% stake in Zain Hyperdata Co., Ltd. from Huaqin Technology Co., Ltd. (SHSE:603296). THine Electronics, Inc. (TSE:6769) agreed to acquire remaining 30% stake in Zain Hyperdata Co., Ltd. from Huaqin Technology Co., Ltd. (SHSE:603296) on April 21, 2025. Upon completion, THine Electronics, Inc. will own 100% stake in Zain Hyperdata Co., Ltd.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is April 28, 2025. 공고 • Mar 28
Huaqin Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Huaqin Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 공고 • Dec 27
Huaqin Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Huaqin Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥64.67, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Tech industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.80 per share. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.75 (vs CN¥0.74 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.75 (up from CN¥0.74 in 3Q 2023). Revenue: CN¥36.6b (up 45% from 3Q 2023). Net income: CN¥758.6m (up 8.0% from 3Q 2023). Profit margin: 2.1% (down from 2.8% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥55.74, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Tech industry in China. 공고 • Sep 30
Huaqin Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Huaqin Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Board Change • Sep 26
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Zhiguo Huang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
