Jubilee Technology announced on the evening of 28 November 2017 annual results notice, net profit attributable to shareholders of listed companies during the forecast 220 million -240 million yuan, an increase of 43.80% -56.87% over the previous year.
The main reason for the change in performance was that the sales revenue of the Company's traditional modified plastics business maintained a rapid growth since 2017, and the Company completed the remaining 66.20% of Xingke Electronic Technology Co., Ltd. ("Xingke Electronic Technology") in March 2017, Hing Electronic Technology since March 2017 into the scope of the company's consolidated statements, and Hing Electronic Technology profitability is good.
In another announcement, the Company received Mr. Lin Dengcan, Director and Deputy General Manager Mr. Huang Jingdong and Mr. Gu Xianfeng, Chief Financial Officer, respectively, on "Notice of Shareholding Reduction Plan" on November 28, 2017, Mr. Lin Dengcan, Huang Jingdong Mr. Gu Xiaofeng plans to reduce the total holdings of not more than 209 million shares by way of a centralized bidding or bulk trading within six months after the announcement of the announcement within 15 trading days, of which 20 December 2017 to 2017 On December 31, the total holdings of not more than 93 million shares of the company.