Announcement • Apr 13
Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 08, 2026 Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Reported Earnings • Apr 11
Full year 2025 earnings released: CN¥0.021 loss per share (vs CN¥0.083 profit in FY 2024) Full year 2025 results: CN¥0.021 loss per share (down from CN¥0.083 profit in FY 2024). Revenue: CN¥3.28b (down 5.5% from FY 2024). Net loss: CN¥13.0m (down 125% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Mar 31
Foshan NationStar Optoelectronics Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 31
Foshan NationStar Optoelectronics Co.,Ltd to Report Fiscal Year 2025 Results on Apr 11, 2026 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report fiscal year 2025 results on Apr 11, 2026 Board Change • Nov 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Supervisor Lifang Liang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.017 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.011 (down from CN¥0.017 in 3Q 2024). Revenue: CN¥818.5m (down 1.9% from 3Q 2024). Net income: CN¥6.55m (down 38% from 3Q 2024). Profit margin: 0.8% (down from 1.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Sep 30
Foshan NationStar Optoelectronics Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 11
Foshan NationStar Optoelectronics Co.,Ltd announced that it expects to receive CNY 981.3239 million in funding from Foshan Electrical and Lighting Co.,Ltd Foshan NationStar Optoelectronics Co.,Ltd announces a private placement to issue not more than 185,543,150 Class A shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of not more than CNY 981,323,900 on July 11, 2025. It includes not more than 35, including Foshan Electrical and Lighting Co., Ltd., who will subscribe with CNY 116,000,000. This has been approved in the 8th Meeting of the Company’s 6th Directorate, and is subject to the approvals of the Company’s Shareholders, the state-owned assets supervision and management, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Announcement • Jul 02
Foshan NationStar Optoelectronics Co.,Ltd to Report First Half, 2025 Results on Aug 26, 2025 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • Jun 11
Dividend reduced to CN¥0.05 Dividend of CN¥0.05 is 17% lower than last year. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (77% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 15% to shift the payout ratio to a potentially unsustainable range, which is less than the 35% EPS decline seen over the last 5 years. Announcement • May 22
Foshan NationStar Optoelectronics Co.,Ltd Approves Cash Dividend for the Year 2024 Foshan NationStar Optoelectronics Co.,Ltd held its Annual General Meeting of 2024 on 16 May 2025, during which the following proposal(s) was/were approved: 2024 profit distribution plan of Cash dividend/10 shares (tax included): CNY 0.50000000. Reported Earnings • Apr 23
Full year 2024 earnings released: EPS: CN¥0.083 (vs CN¥0.14 in FY 2023) Full year 2024 results: EPS: CN¥0.083 (down from CN¥0.14 in FY 2023). Revenue: CN¥3.47b (down 1.9% from FY 2023). Net income: CN¥51.5m (down 40% from FY 2023). Profit margin: 1.5% (down from 2.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Apr 22
Foshan NationStar Optoelectronics Co.,Ltd Proposes Final Cash Dividend for the Year 2024 Foshan NationStar Optoelectronics Co.,Ltd announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 0.50000000. Announcement • Apr 20
Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 16, 2025 Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.71, the stock trades at a trailing P/E ratio of 66.9x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 2.4% over the past three years. Announcement • Mar 31
Foshan NationStar Optoelectronics Co.,Ltd to Report Q1, 2025 Results on Apr 24, 2025 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q1, 2025 results on Apr 24, 2025 New Risk • Jan 09
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 10.0% 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 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Foshan NationStar Optoelectronics Co.,Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jihong Wen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.044 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.044 in 3Q 2023). Revenue: CN¥834.5m (down 6.5% from 3Q 2023). Net income: CN¥10.5m (down 62% from 3Q 2023). Profit margin: 1.3% (down from 3.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Oct 12
Foshan Nationstar Optoelectronics Co.,Ltd Approves Management Appointments Foshan NationStar Optoelectronics Co.,Ltd at its Extraordinary General Meeting held on 10 October 2024, approved the appointment of Lei Zihe, Liu Zhengdong, Wen Jihong, Zhang Yong and Xu Xiaopin as non-independent director; Peng Fentao as non-employee supervisor. Announcement • Sep 30
Foshan NationStar Optoelectronics Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥7.94, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.046 (vs CN¥0.052 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.046 (down from CN¥0.052 in 2Q 2023). Revenue: CN¥912.7m (down 5.1% from 2Q 2023). Net income: CN¥28.3m (down 12% from 2Q 2023). Profit margin: 3.1% (down from 3.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Foshan NationStar Optoelectronics Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • Jun 08
Dividend of CN¥0.06 announced Dividend of CN¥0.06 is the same as last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 28% EPS decline seen over the last 5 years. Announcement • Jun 08
Foshan NationStar Optoelectronics Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 14 June 2024 Foshan NationStar Optoelectronics Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.60000000 for the year 2023, payable on 14 June 2024. Record date: 13 June 2024. Ex-date: 14 June 2024. Reported Earnings • Apr 29
First quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.035 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.045 (up from CN¥0.035 in 1Q 2023). Revenue: CN¥941.0m (up 18% from 1Q 2023). Net income: CN¥27.9m (up 29% from 1Q 2023). Profit margin: 3.0% (up from 2.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in FY 2022). Revenue: CN¥3.54b (down 1.1% from FY 2022). Net income: CN¥85.6m (down 29% from FY 2022). Profit margin: 2.4% (down from 3.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year. Announcement • Apr 13
Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 15, 2024 Foshan NationStar Optoelectronics Co.,Ltd, Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Announcement • Mar 30
Foshan NationStar Optoelectronics Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥6.20, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Dec 30
Foshan NationStar Optoelectronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 13, 2024 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report fiscal year 2023 results on Apr 13, 2024 Announcement • Oct 28
Foshan NationStar Optoelectronics Co.,Ltd Approves Election of Lei Zihe as Non-Independent Director Foshan NationStar Optoelectronics Co.,Ltd at its 2nd Extraordinary General Meeting of 2023 on 26 October 2023 approved Election of Lei Zihe as a non-independent director. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.05 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.044 (down from CN¥0.05 in 3Q 2022). Revenue: CN¥892.9m (up 2.6% from 3Q 2022). Net income: CN¥27.2m (down 13% from 3Q 2022). Profit margin: 3.0% (down from 3.6% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.052 (vs CN¥0.094 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.052 (down from CN¥0.094 in 2Q 2022). Revenue: CN¥962.2m (up 2.1% from 2Q 2022). Net income: CN¥32.2m (down 45% from 2Q 2022). Profit margin: 3.3% (down from 6.1% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Jun 10
Foshan Nationstar Optoelectronics Co.,Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on June 15, 2023 Foshan NationStar Optoelectronics Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.60000000 on A shares for the year 2022. Record date is June 14, 2023. Ex-date is May June 15, 2023. Payment date is June 15, 2023. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.33 in FY 2021) Full year 2022 results: EPS: CN¥0.20 (down from CN¥0.33 in FY 2021). Revenue: CN¥3.58b (down 5.9% from FY 2021). Net income: CN¥121.3m (down 40% from FY 2021). Profit margin: 3.4% (down from 5.3% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥9.35, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 29% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Chairman of the Supervisory Board Jihong Wen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.14 in 3Q 2021). Revenue: CN¥870.0m (down 22% from 3Q 2021). Net income: CN¥31.1m (down 64% from 3Q 2021). Profit margin: 3.6% (down from 7.7% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.089 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.094 (up from CN¥0.089 in 2Q 2021). Revenue: CN¥942.7m (up 2.0% from 2Q 2021). Net income: CN¥57.9m (up 5.8% from 2Q 2021). Profit margin: 6.1% (up from 5.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.23, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 6.4% over the past three years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥8.47, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 31x in the Electronic industry in China. Total loss to shareholders of 34% over the past three years. Announcement • May 18
Foshan NationStar Optoelectronics Co.,Ltd Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 24 May 2022 Foshan NationStar Optoelectronics Co.,Ltd announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 0.50000000. Record date is 23 May 2022, Ex-date is 24 May 2022 and payment date is 24 May 2022. Announcement • May 12
Foshan Nationstar Optoelectronics Co.,Ltd Approves 2021 Profit Distribution Plan Foshan NationStar Optoelectronics Co.,Ltd approved 2021 profit distribution plan. The detailed profit distribution plan are as follows: Cash dividend/10 shares (tax included): CNY 0.50000000. Valuation Update With 7 Day Price Move • May 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.49, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 53% over the past three years. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Yong Tang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.036 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥924.4m (up 13% from 2Q 2020). Net income: CN¥54.7m (up 149% from 2Q 2020). Profit margin: 5.9% (up from 2.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.22, the stock trades at a trailing P/E ratio of 71.4x. Average trailing P/E is 39x in the Electronic industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.66 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.26b (down 20% from FY 2019). Net income: CN¥101.1m (down 75% from FY 2019). Profit margin: 3.1% (down from 10.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
Foshan NationStar Optoelectronics Co.,Ltd to Report Fiscal Year 2020 Results on Apr 20, 2021 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report fiscal year 2020 results on Apr 20, 2021 Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥8.44, the stock is trading at a trailing P/E ratio of 30.4x, down from the previous P/E ratio of 36.9x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥9.28 The company is down 10.0% from its price of CN¥10.36 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥9.67 The company is down 13% from its price of CN¥11.16 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Price Target Changed • Nov 05
Price target lowered to CN¥10.70 Down from CN¥13.70, the current price target is an average from 2 analysts. The new target price is close to the current share price of CN¥10.38. As of last close, the stock is down 2.5% over the past year. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥172.0m, down 54% from the prior year. Total revenue was CN¥3.55b over the last 12 months, down 13% from the prior year. Announcement • Oct 17
Foshan NationStar Optoelectronics Co.,Ltd to Report Q3, 2020 Results on Oct 23, 2020 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Oct 14
New 90-day low: CN¥10.76 The company is down 9.0% from its price of CN¥11.83 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.81 per share. Price Target Changed • Oct 10
Price target lowered to CN¥13.70 Down from CN¥15.26, the current price target is an average from 3 analysts. The new target price is 20% above the current share price of CN¥11.39. As of last close, the stock is up 3.9% over the past year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥11.38 The company is down 3.0% from its price of CN¥11.79 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.81 per share. Announcement • Sep 19
Foshan NationStar Optoelectronics Co.,Ltd (SZSE:002449) agreed to acquire Guangdong New Electronic Information Import & Export Co. Ltd. from Guangdong Electronics Information Industrial Group Co.,Ltd. for CNY 17.8 million. Foshan NationStar Optoelectronics Co.,Ltd (SZSE:002449) agreed to acquire Guangdong New Electronic Information Import & Export Co. Ltd. from Guangdong Electronics Information Industrial Group Co.,Ltd. for CNY 17.8 million on September 12, 2019. A 50% of the transactional price will be paid within 5 days since signing of the corresponding agreement. The rest of the compensation will be paid within 5 days since Guangdong Electronics Information Industrial Group Co.,Ltd. issued the corresponding transfer notice to Foshan NationStar Optoelectronics Co.,Ltd. Guangdong New Electronic Information Import & Export Co. Ltd. reported total assets of CNY 104.53 million and net assets of CNY 15.37 million as at December 31, 2018. Guangdong New Electronic Information Import & Export Co. Ltd. reported operating revenues of CNY 464.25 million and net profit of CNY 1.42 million in 2018. The Board of Directors of Foshan NationStar Optoelectronics Co.,Ltd. approved the transaction on September 12, 2019. The transaction does not need approval from shareholders of Foshan NationStar Optoelectronics Co.,Ltd. As on January 20, 2020, Foshan NationStar has recently paid the equity transfer payment in accordance with the relevant provisions of the equity transfer agreement. The registration procedures for change of subsidiary industry and Commerce have been completed. Announcement • Jul 25
Foshan NationStar Optoelectronics Co.,Ltd to Report First Half, 2020 Results on Aug 21, 2020 Foshan NationStar Optoelectronics Co.,Ltd announced that they will report first half, 2020 results on Aug 21, 2020