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Shenzhen Minkave Technology Co Ltd

Shenzhen Minkave Technology Co., Ltd. engages in landscape lighting engineering business in China. It is involved in the design and construction of lighting projects; and research, development, production, and sales of related lighting products. The company's lighting products include LED wall washers, LED point lights, LED linear lights, LED guardrail lights, floodlights, tree lights, corrugated lights, window sill lights, and other special artistic lighting fixtures. Its products are used in commercial lighting, municipal road lighting, landscape decorative lighting, and agricultural lighting, as well as for the construction of self-owned lighting projects. The company was formerly known as Shenzhen Minkave City Lighting Technology Co., Ltd. and changed its name to Shenzhen Minkave Technology Co., Ltd. Shenzhen Minkave Technology Co., Ltd. was founded in 2001 and is headquartered in Shenzhen, China.

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News & notes moving 300506.CS
300506.CS

Mingjiahui reports net loss of 33.4418 million yuan in 2026 interim results

Mingjiahui released its 2026 interim report, with net profit attributable to the parent company showing a loss of 33.4418 million yuan. Total operating revenue was 28.404 million yuan, down 28.56 percent from the same period last year, a decrease of 11.3536 million yuan. Net cash flow from operating activities was negative 52.3613 million yuan. The latest asset-liability ratio was 8.92 percent, and gross margin was 26.70 percent, down 10.90 percentage points from the same period last year. The company's latest return on equity was negative 2.48 percent, diluted earnings per share was negative 0.02 yuan, total asset turnover was 0.02 times, down 65.49 percent year on year, and inventory turnover was 2.54 times. The number of shareholders was 22,700, and the top ten shareholders held 728 million shares, accounting for 51.05 percent of total share capital.
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Semiconductors5

Mingjiahui Plans 260 Million Yuan Acquisition of Zhiyu Technology Stake, Crossing into Semiconductor Storage

Mingjiahui plans to acquire no more than 26.1904 percent of Zhiyu Technology shares with cash, with the total transaction consideration estimated at 262.6543 million yuan. Mingjiahui's existing main business is landscape lighting engineering, while Zhiyu Technology is a solid-state storage solution provider, with industrial-grade solid-state drives as its core product, and is a national-level specialized and sophisticated 'little giant' enterprise. This transaction does not constitute a connected transaction or major asset restructuring, does not require submission to the shareholders' meeting for approval, will be paid in cash, and will not lead to a change in company control. The company stated that this move aims to seize development opportunities in emerging industries and promote strategic transformation and upgrading.
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