From BigGo Finance · BigGo Finance · · 1m 40s
Bestechnic Profit Halved 57% in First Three Quarters
Biotech shareholders lock up stock for 5 years as Bestechnic profit falls 57% year-on-year.
In brief
Biotech shareholders lock up stock for 5 years as Bestechnic profit falls 57% year-on-year. Bestechnic's net profit dropped 57.03% to CNY 216 million in first three quarters, with major shareholders pledging not to reduce holdings for five years. Originally reported by BigGo Finance.
Bestechnic Profit Decline
STAR Market-listed companies disclosed third-quarter earnings on the 22nd.
Bestechnic Profit Drop
Bestechnic saw net profit attributable to shareholders fall 57.03% year-on-year to CNY 216 million.
Third-Quarter Profit Plunge
Third-quarter profit plummeted 77.42% due to weak consumer electronics demand and rising memory chip prices.
Amoytop Biotech Profit Decline
Amoytop Biotech reported net profit of CNY 477 million, down 28.34% year-on-year.
Shareholder Lock-Up Commitment
Actual controllers pledged not to reduce their combined 44.61% stake for five years starting October 22, 2.026.
Gaokai Technology Performance
Gaokai Technology posted first-three-quarter revenue up 28.10% and net profit up 46.66%.
Wanyi Technology Growth
Wanyi Technology reported first-three-quarter revenue up 24.46% and net profit up 150.76%.
Huaqin Technology Results
Huaqin Technology saw first-three-quarter revenue up 40.94% and net profit up 11.13%.
Baili Tianheng Drug Approval
Baili Tianheng received marketing approval for its bispecific antibody-drug conjugate Yizekang.
Bio-Thera Solutions Approval
Bio-Thera Solutions obtained a drug registration certificate for secukinumab injection Youzhuomei.
DeepSeek Funding Rumors
Market rumors suggest DeepSeek plans to raise about CNY 100 billion in its latest funding round.
Meta Spending Commitments
Meta disclosed total future spending commitments of $825 billion including $355.7 billion in operating leases.
PHP Security Vulnerability
PHP has two ultra-high-risk remote code execution vulnerabilities affecting server security.
The headline
Bestechnic's net profit dropped 57.03% to CNY 216 million in first three quarters, with major shareholders pledging not to reduce holdings for five years.
