FilingReader Intelligence
Jiangsu Shemar Electric delays project, starts derivatives trading
August 12, 2025 at 11:12 AM UTC•By FilingReader AI
Jiangsu Shemar Electric reported revenue of 704.48 million yuan in its semi-annual results. The company delayed completion of its composite insulation product expansion project to December 2025 from August.
It closed a separate digital factory project, reallocating the remaining 11.89 million yuan to the expansion project. The company will also start financial derivatives trading worth up to 500 million yuan to hedge foreign exchange risks.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
2025 semi-annual report summaryAugust 12, 2025 at 08:00 AM UTC
Special report on the deposit and actual use of raised funds for the first half of 2025August 12, 2025 at 08:00 AM UTC
Feasibility analysis report on conducting financial derivatives trading businessAugust 12, 2025 at 08:00 AM UTC
Huatai United Securities Co., Ltd.'s verification opinion on Jiangsu Shenma Electric Power Co., Ltd.'s adjustment of the investment and construction progress of certain fundraising projects, the completion of certain fundraising projects, and the use of surplus raised funds for other fundraising projectsAugust 12, 2025 at 08:00 AM UTC
Announcement regarding the adjustment of investment and construction progress for certain fundraising projects, the completion of certain fundraising projects, and the allocation of surplus raised funds to other fundraising projectsAugust 12, 2025 at 08:00 AM UTC
Announcement regarding the commencement of financial derivatives trading businessAugust 12, 2025 at 08:00 AM UTC
SSE:603530•Shanghai Stock Exchange
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