Shenzhen Deren Electronic Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of electronic connectors and pr...
Deren released its performance for the first three quarters, with a net profit attributable to the parent company of 72.5314 million yuan, a year-on-year increase of 157.68%
Deren: 13.6 million shares of the controlling shareholder will be auctioned off by judicial sale
Deren plans to sell 18% equity in Liuzhou Shuangfei to focus on the development of its connector main business
Deren: Plans to use 250 million yuan of idle raised funds for liquidity, with a usage period not exceeding 12 months
Deren: It is expected that the net profit in the first half of 2025 will be between 50 million and 65 million yuan, turning a profit compared to the same period last year
The concept of copper cable high-speed connections has fluctuated and risen, with YD Electronic, Deren, and XINYA hitting the daily limit, while SHEN YU, Walden Materials, RECODEAL, and others also saw gains