Reported 12 months ago
DeYuan (4720) is increasing its involvement in the green economy by setting up the Operating Center in Wuxi, China, as a key strategic hub for production bases in Jiangsu and Guangzhou, aiming to boost growth in the future. Despite a recent pullback after a strong two-month surge in stock prices due to positive news, on the 28th, the stock jumped 6.18% to 21.45 yuan, supported by foreign net buy of 424 shares. DeYuan's adhesive and chemical filter products have been sold to prominent semiconductor, panel, and optoelectronic plants on both sides of the Taiwan Strait, expanding into the automotive sector successfully with validation from the world's top three automotive filter manufacturers.
Source: YAHOO