Weifu High-Technology Group Co., Ltd. researches, develops, produces, and sells automotive products in the People’s Republic of China. It operates through four...
WFHT: The net profit for the third quarter was 450 million yuan, a year-on-year increase of 39.37%
WFHT released its performance for the first half of the year, with a net profit attributable to the parent company of 702 million yuan, a decrease of 26.45%
WFHT: The total number of domestic listed foreign shares (B shares) issued by the company is 172 million shares. This plan intends to apply for the conversion of the aforementioned B shares to be listed and traded on the main board of the Hong Kong Stock Exchange as overseas listed foreign shares (H shares) through an introduction
WFHT: Plans to repurchase shares worth 100 million to 150 million yuan
WFHT: Received a commitment letter for a stock repurchase loan of no more than 135 million yuan
WFHT signed a strategic cooperation agreement with Bosch China, and both parties will continue to collaborate in the field of sensors and expand into other smart products, particularly in industrial applications related to artificial intelligence and embodied robotics. At the same time, both parties will also explore cooperation opportunities in the field of PEM electrolysis for hydrogen production