In addition, some mainland Chinese companies with strong R&D and design capabilities and technological accumulation have gained corresponding competitive advantages in product manufacturing and other aspects by improving product quality, improving production processes and product innovation. Junwei Electronics faces the risk of intensified market competition.
According to QY Research and company revenue data, in 2023, Junwei Electronics ranked third in the global current sensing precision resistor market with a market share of 7.86%. Currently, the main share of the global fuse industry is occupied by overseas companies. According to data from Paumanok Publications Inc. and Kaiyuan Securities, the company's share of the global fuse market in 2023 will be 0.92%.
In this IPO, Junwei Electronics expects to raise a net kazakhstan telegram data amount of approximately 619 million yuan, which is lower than the planned investment amount of 1.127 billion yuan. After deducting issuance expenses from the actual raised funds, the company plans to invest in the current sensing precision resistor production project, the annual production of 23 million power fuses project, the Junwei Zhuhai R&D center construction project, and the replenishment of working capital according to priority.
Understanding the industry value behind Ping An Health's 1833K HK6.283 billion takeover offer
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On January 7, Ping An Health issued a joint announcement that UBS, on behalf of the offeror, made a possible mandatory unconditional cash offer to acquire all issued shares and shares to be issued under the scrip dividend plan except for those already owned by and to be issued to the offeror and its concert parties and cancel all unexercised stock options.