Tillkännagivande • Jun 30
Tatwah Smartech Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Tatwah Smartech Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 New Risk • Apr 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥32m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Tillkännagivande • Apr 29
Tatwah Smartech Co.,Ltd., Annual General Meeting, May 20, 2026 Tatwah Smartech Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: Building 17, Area G, No. 89, Ruanjian Avenue, Gulou District, Fuzhou, Fujian China Tillkännagivande • Mar 31
Tatwah Smartech Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Tatwah Smartech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Tillkännagivande • Dec 31
Tatwah Smartech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Tatwah Smartech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.046 loss per share (vs CN¥0.001 profit in 3Q 2024) Third quarter 2025 results: CN¥0.046 loss per share (down from CN¥0.001 profit in 3Q 2024). Revenue: CN¥569.3m (flat on 3Q 2024). Net loss: CN¥50.0m (down CN¥51.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Oct 28
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 7.7% 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: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Tillkännagivande • Sep 30
Tatwah Smartech Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Tatwah Smartech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Jul 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 6.8% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥20m free cash flow). Earnings have declined by 12% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Tillkännagivande • Jul 02
Tatwah Smartech Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Tatwah Smartech Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • May 26
New major risk - Revenue and earnings growth Earnings have declined by 12% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥20m free cash flow). Earnings have declined by 12% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). New Risk • May 24
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 8.5% 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 (8.5% average weekly change). New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 9.4% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥20m free cash flow). Earnings have declined by 9.4% per year over the past 5 years. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: CN¥0.022 (vs CN¥0.27 loss in FY 2023) Full year 2024 results: EPS: CN¥0.022 (up from CN¥0.27 loss in FY 2023). Revenue: CN¥1.93b (down 1.7% from FY 2023). Net income: CN¥24.2m (up CN¥320.4m from FY 2023). Profit margin: 1.3% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 26
Tatwah Smartech Co.,Ltd., Annual General Meeting, May 21, 2025 Tatwah Smartech Co.,Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: Building 17, Area G, No. 89, Ruanjian Avenue, Gulou District, Fuzhou, Fujian China Tillkännagivande • Apr 21
Zhongchuang Yongqiang (Beijing) Technology Co., Ltd. agreed to acquire Beijing HUITONG High-tech information Co. Ltd. from Tatwah Smartech Co.,Ltd. (SZSE:002512) for CNY 98.2 million. Zhongchuang Yongqiang (Beijing) Technology Co., Ltd. agreed to acquire Beijing HUITONG High-tech information Co. Ltd. from Tatwah Smartech Co.,Ltd. (SZSE:002512) for CNY 98.2 million on April 18, 2025. As part of consideration, CNY 20 million is paid towards common equity and CNY 78.22 million is paid towards non-convertible debt of Beijing HUITONG High-tech information Co. Ltd.
For the period ending December 31, 2024, Beijing HUITONG High-tech information Co. Ltd. reported total revenue of CNY 0, operating loss of CNY 0.53 million and net loss of CNY 0.54 million. As of December 31, 2024, Beijing HUITONG High-tech information Co. Ltd. reported total assets of CNY 204.42 million.
The transaction has been approved by the board of Tatwah Smartech. Tillkännagivande • Mar 31
Tatwah Smartech Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Tatwah Smartech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Tillkännagivande • Dec 31
Tatwah Smartech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Tatwah Smartech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Dec 17
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 11% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥169m free cash flow). Earnings have declined by 6.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.005 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.001 (down from CN¥0.005 in 3Q 2023). Revenue: CN¥568.2m (up 46% from 3Q 2023). Net income: CN¥1.01m (down 80% from 3Q 2023). Profit margin: 0.2% (down from 1.3% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Sep 30
Tatwah Smartech Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Tatwah Smartech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Tillkännagivande • Sep 27
Tatwah Smartech Co.,Ltd. Appoints Wu Guanghui as Independent Director Tatwah Smartech Co.,Ltd. at its AGM held on 25 September 2024 appointed Wu Guanghui as independent director. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.005 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (down from CN¥0.005 in 2Q 2023). Revenue: CN¥487.0m (up 3.3% from 2Q 2023). Net income: CN¥539.0k (down 91% from 2Q 2023). Profit margin: 0.1% (down from 1.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Jul 11
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 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥835m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Tillkännagivande • Jun 29
Tatwah Smartech Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Tatwah Smartech Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Tillkännagivande • May 01
Tatwah Smartech Co.,Ltd., Annual General Meeting, May 21, 2024 Tatwah Smartech Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: Building 17, Area G, No. 89, Ruanjian Avenue, Gulou District, Fuzhou, Fujian China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.004 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.001 (down from CN¥0.004 in 1Q 2023). Revenue: CN¥401.3m (down 41% from 1Q 2023). Net income: CN¥1.53m (down 67% from 1Q 2023). Profit margin: 0.4% (down from 0.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 30
Tatwah Smartech Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Tatwah Smartech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Tillkännagivande • Dec 30
Tatwah Smartech Co.,Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 Tatwah Smartech Co.,Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.048 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.005 (up from CN¥0.048 loss in 3Q 2022). Revenue: CN¥389.3m (down 18% from 3Q 2022). Net income: CN¥5.16m (up CN¥58.0m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Oct 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥1.2b free cash flow). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.043 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.005 (up from CN¥0.043 loss in 2Q 2022). Revenue: CN¥471.5m (up 2.0% from 2Q 2022). Net income: CN¥5.65m (up CN¥52.5m from 2Q 2022). Profit margin: 1.2% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • Aug 26
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 6.1% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥622m free cash flow). Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.035 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.004 (up from CN¥0.035 loss in 1Q 2022). Revenue: CN¥678.2m (up 98% from 1Q 2022). Net income: CN¥4.62m (up CN¥43.1m from 1Q 2022). Profit margin: 0.7% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 61% 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. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). CFO & Director Jingyu Wang is the most experienced director on the board, commencing their role in 2021. Independent Director Shiliang Guo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.048 loss per share (vs CN¥0.072 loss in 3Q 2021) Third quarter 2022 results: CN¥0.048 loss per share (improved from CN¥0.072 loss in 3Q 2021). Revenue: CN¥476.1m (down 16% from 3Q 2021). Net loss: CN¥52.8m (loss narrowed 37% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 16
Fuzhou Digital New Infrastructure Industry Investment Partnership (Limited Partnership) entered into an agreement to acquire 16.5% stake in Fujian Haitian Silk Road Satellite Technology Co., Ltd. from Tatwah Smartech Co.,Ltd (SZSE:002512) for CNY 330 million. Fuzhou Digital New Infrastructure Industry Investment Partnership (Limited Partnership) entered into an agreement to acquire 16.5% stake in Fujian Haitian Silk Road Satellite Technology Co., Ltd. from Tatwah Smartech Co.,Ltd (SZSE:002512) for CNY 330 million on September 13, 2022. On September 13, 2022, Tatwah Smartech Co.,Ltd. held the thirteenth meeting of the fourth board of directors and approved the transaction. Transaction needs to be considered and approved by the general meeting of shareholders. Reported Earnings • Aug 24
Second quarter 2022 earnings released: CN¥0.043 loss per share (vs CN¥0.062 loss in 2Q 2021) Second quarter 2022 results: CN¥0.043 loss per share (up from CN¥0.062 loss in 2Q 2021). Revenue: CN¥462.5m (down 36% from 2Q 2021). Net loss: CN¥46.8m (loss narrowed 35% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 19
Tatwah Smartech Co.,Ltd to Report First Half, 2022 Results on Aug 24, 2022 Tatwah Smartech Co.,Ltd announced that they will report first half, 2022 results on Aug 24, 2022 Reported Earnings • Apr 28
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.035 loss per share (up from CN¥0.084 loss in 1Q 2021). Revenue: CN¥342.4m (down 55% from 1Q 2021). Net loss: CN¥38.5m (loss narrowed 60% from 1Q 2021). Revenue exceeded analyst estimates by 8.7%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Shiliang Guo was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 26
Tatwah Smartech Co.,Ltd to Report Fiscal Year 2021 Results on Apr 28, 2022 Tatwah Smartech Co.,Ltd announced that they will report fiscal year 2021 results on Apr 28, 2022 Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.072 loss per share (vs CN¥0.012 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥564.0m (down 7.3% from 3Q 2020). Net loss: CN¥83.2m (loss widened 495% from 3Q 2020). Tillkännagivande • Sep 01
Shenzhen Lankun Technology Co., Ltd. agreed to acquire Tatwah Technology Co., Ltd from Tatwah Smartech Co., Ltd. (SZSE:002512) for CNY 80 million. Shenzhen Lankun Technology Co., Ltd. agreed to acquire Tatwah Technology Co., Ltd from Tatwah Smartech Co., Ltd. (SZSE:002512) for CNY 80 million on August 27, 2021. Shenzhen Lankun shall pay the first installment of equity transfer CNY 30 million by bank transfer within 10 days on the effective date of this agreement. The remaining equity transfer payment shall be paid in 5 years, and the equity transfer payment of CNY 10 million shall be paid by bank transfer before December 31 each year. For the year ended December 31, 2020, Tatwah Technology reported total assets of CNY 251.7559 million, net assets of CNY 227.428 million, revenue of CNY 125.0532 million and net profit of CNY -5.2572 million. On August 27, 2021, company’s third meeting of the fourth board of directors approved the transaction. Tatwah Smartech guarantees that it will cooperate with Tatwah Technology to submit the application materials for industrial and commercial change registration of this equity transfer to the competent industrial and commercial department within 5 days from the effective date of this agreement, and to complete the application within 10 days from the effective date of this agreement The industrial and commercial change registration of the equity transfer (the date of industrial and commercial change registration is the delivery date). Reported Earnings • Aug 30
Second quarter 2021 earnings released: CN¥0.062 loss per share (vs CN¥0.01 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥720.1m (down 17% from 2Q 2020). Net loss: CN¥71.5m (down CN¥83.1m from profit in 2Q 2020). Reported Earnings • May 01
Full year 2020 earnings released: EPS CN¥0.018 (vs CN¥0.045 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.11b (down 7.4% from FY 2019). Net income: CN¥20.1m (down 60% from FY 2019). Profit margin: 1.0% (down from 2.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.017 (vs CN¥0.045 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.49b (up 8.9% from FY 2019). Net income: CN¥19.8m (down 60% from FY 2019). Profit margin: 0.8% (down from 2.2% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥3.37 The company is down 45% from its price of CN¥6.08 on 27 October 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 9.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.51 The company is down 39% from its price of CN¥5.77 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Tillkännagivande • Oct 19
Tatwah Smartech Co., Ltd. to Report Q3, 2020 Results on Oct 26, 2020 Tatwah Smartech Co., Ltd. announced that they will report Q3, 2020 results on Oct 26, 2020 Tillkännagivande • Sep 22
Tatwah Smartech Co., Ltd. (SZSE:002512) announced that it expects to receive funding from Fujian Tianzhi Investment Partnership Enterprise (Limited Partnership) Tatwah Smartech Co., Ltd. (SZSE:002512) announced private placement with new investor Fujian Tianzhi Investment Partnership Enterprise (Limited Partnership) on September 9, 2020. The transaction has been approved by the partners of investors in its first partners’ meeting for 2020. Tillkännagivande • Sep 18
Tatwah Smartech Co.,Ltd announced that it expects to receive CNY 1.16 billion in funding from Fujian Tianzhi Investment Partnership Enterprise (Limited Partnership) Tatwah Smartech Co.,Ltd (SZSE:002512) announced a private placement of 252,173,913 A shares at a price of CNY 4.60 per share for gross proceeds of CNY 1,160,000,000 on September 17, 2020. The transaction will include participation from new investor Fujian Tianzhi Investment Partnership Enterprise (Limited Partnership). The company has signed a share subscription agreement with the investor. The shares issued are subject to restriction period of 18 months from the closing of the transaction. Post-completion of the transaction, the investor will hold 252,173,913 shares. The transaction has been approved at the 60th meeting of the third board of directors, is subject to approval from shareholders of the company and the China Securities Regulatory Commission. Tillkännagivande • Aug 11
Tatwah Smartech Co.,Ltd to Report First Half, 2020 Results on Aug 27, 2020 Tatwah Smartech Co.,Ltd announced that they will report first half, 2020 results on Aug 27, 2020