Brief: Q Technology (Group) Updates On Proposed Spin-Off Of Kunshan Qtech Microelectronics

Q Technology (Group) Co

11/09/2023 16:30

Sept 11 (Reuters) - Q Technology (Group) Company Ltd
 1478.HK :
    * UPDATE ON PROPOSED SPIN-OFF AND SEPARATE LISTING OF
KUNSHAN
QTECH MICROELECTRONICS CO., LTD
    * KUNSHAN QT CHINA FORECASTS ITS 2023 REVENUE WILL BE
RMB10.97
BILLION, DOWN 15.00%
    * KUNSHAN QT CHINA FORECASTS NET PROFIT ATTRIBUTABLE FOR
2023 WILL
BE RMB214.0 MILLION
    * PROPOSED LISTING STILL REQUIRES, AMONG OTHER THINGS,
APPROVAL
FOR REGISTRATION FROM CSRC, WHICH REMAINS UNCERTAIN


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