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JCET Completes RMB 5 Billion Private Placement with Diversified Investment Structure

Press release content from PR Newswire. The AP news staff was not involved in its creation. JCET Completes RMB 5 Billion Private Placement with Diversified Investment Structure May 7, 2021 GMT (PRNewsfoto/长电科技) SHANGHAI, May 7, 2021 /PRNewswire/ JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) manufacturing and technology services, recently announced that the company successfully completed a capital raising of approximately RMB 5 billion. The RMB 5 billion private placement successfully raised in the first round included top overseas institutional buyers with more than half of the amount from Abu Dhabi Investment Authority, JP Morgan Chase Bank, GF Asset Management, and Loyal Valley Capital. This diversified investor structure is a reflection of the markets recognition of JCET’s world class operations and management efforts to fortify its leading position in the industry.

Abu dhabiAbuz abyUnited arab emiratesLi zhengJanet chouAbu dhabi investment authorityJpmorgan chase bankChase bankLoyal valleyBig dataChief executive officerஒன்றுபட்டது அரபு அமீரகங்கள்லி ஜெங்ஜேனட் ச ouஜுப்ம்ொர்கண் துரத்து வங்கிதுரத்து வங்கி

JCET Innovation and Manufacturing Strategies Deliver Record High Revenue for FY2020 with Profits Twice the Total of the Last 17 Years

(0) Fourth Quarter and Fiscal Year 2020 Financial Results: Fourth-quarter revenue was RMB 7.70 billion. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 17.6% year on year (see note 1). Full-year revenue was RMB 26.46 billion. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 28.2% year on year (see note 2). Fourth-quarter cash from operations was RMB 1.80 billion. With net capex investments of RMB 1.01 billion, free cash flow for the quarter was RMB 0.79 billion. Full-year cash from operations was RMB 5.43 billion, up 71.1% year on year. With net capex investments of RMB 3.01 billion, free cash flow for the year was RMB 2.42 billion.

Li zhengJanet chouFourth quarterFiscal yearலி ஜெங்ஜேனட் ச ouநான்காவது காலாண்டுநிதி ஆண்டு

Fully Integrated and Optimized Strategies for Growth Propel JCET to Quarterly Highs for Revenue and Profit in Q1 2021

Fully Integrated and Optimized Strategies for Growth Propel JCET to Quarterly Highs for Revenue and Profit in Q1 2021 News provided by Share this article Q1 2021 financial highlights: Revenue was RMB 6.71 billion. It was an increase of 17.6% year on year and a record high first quarter in the company s history. Generated RMB 1.20 billion cash from operations, up 4.9% year on year. With net capex investments of RMB 0.56 billion, free cash flow for the quarter was RMB 0.64 billion. Net profit was RMB 0.39 billion. A record high first quarter in the company s history with 188.7% year on year growth. Earnings per share was RMB 0.24, as compared to RMB 0.08 in Q1 2020.

Li zhengJanet chouAutomotive electronics business centerDesign services business centerJcet groupலி ஜெங்ஜேனட் ச ouஜுசெட் குழு

JCET Innovation and Manufacturing Strategies Deliver Record High Revenue for FY2020 with Profits Twice the Total of the Last 17 Years

JCET Innovation and Manufacturing Strategies Deliver Record High Revenue for FY2020 with Profits Twice the Total of the Last 17 Years
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Li zhengJanet chouFourth quarterFiscal yearலி ஜெங்ஜேனட் ச ouநான்காவது காலாண்டுநிதி ஆண்டு

JCET Innovation and Manufacturing Strategies Deliver Record High Revenue for FY2020 with Profits Twice the Total of the Last 17 Years

Li zhengJanet chouFourth quarterFiscal yearலி ஜெங்ஜேனட் ச ouநான்காவது காலாண்டுநிதி ஆண்டு