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Runfree is a professional disposable pod supplier and manufacturer in China, specializing in wholesale vape pens.
Simo International (06969.HK) released a preview of the performance yesterday, and it is expected that the year -on -year decline in profitability in 2022 will decline.
Simo International estimates that in 2022, the total comprehensive income during the company period is 2,305.0 million yuan to 2,817.2 million yuan, which is 5,287.0 million yuan in the same period last year, a year -on -year decrease of 46.7%to 56.4%; To 2,897.4 million yuan, the same period last year was 5,442.6 million yuan, a year -on -year decrease of 46.8%to 56.2%.
On the same day, Simo International also issued an announcement saying that on February 1, 2023, the company's wholly -owned subsidiary Shenzhen Mcwell and Bank of China updated a structural deposit agreement. Shenzhen Mcwell agreed to purchase two structural deposits after redeem RMB 3.5 billion on January 31, 2023, with the amount of RMB 1.76 billion and 1.74 billion yuan, totaling 3.5 billion yuan. Subscription matters are available for cash reserves and free cash flow funds for Simo International.
Simo International was officially listed on the Hong Kong Stock Exchange on July 10, 2020 at the Hong Kong Stock Exchange. The issuance price was HK $ 12.4/share. Later, the highest price was 90.00 Hong Kong dollars on January 25, 2021. Subsequently, the stock price fell all the way. On October 25, 2022, the minimum price of HK $ 7.43 in Simo International's international market was the lowest price since the company was listed. As of the close of February 1, 2023, Simo International reported at HK $ 12.16.
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