Reported 8 months ago
Yahoo Finance correspondent Chen Yimin reported that the green energy and environmental protection stock newcomer, Qingxin (6951), transitioned from the emerging OTC market to the listed market today, surging over 20% on its first market day. Qingxin closed at 45 yuan yesterday, opened at 55.4 yuan today, hitting a high of 55.6 yuan, marking a 23.55% increase. Qingxin, established in 1999, is under the parent company Riyou Environmental Technology Co., Ltd., specializing in handling general, hazardous business waste, and biomedical waste from institutions and medical facilities across Taiwan. With a capital of 400 million yuan, its revenue last year was 487 million yuan, growing 9% annually, and its EPS was 2.61 yuan, with 0.73 yuan in the first quarter of this year. Riyou Environmental Technology owns 68% of Qingxin Environmental Engineering.
Source: YAHOO