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Xinwei Communications: Xinwei Electric's production capacity and order situation meet expectations, and there is no ruling out the possibility of further increasing its shareholding ratio.
An investor asked Xunwei Communication (300136.SZ) about the current production capacity and orders of Xunwei Electronics and Technology. When is profitability expected? What are the future expansion plans for Xunwei Electronics and Technology? When will production capacity be reached? Xunwei Communication currently holds only a 15% stake in Xunwei Electronics and Technology. When does it plan to take a controlling interest?
On April 7th, the company responded that Xunwei Electronics and Technology (Yiyang) Co., Ltd., as an important strategic platform for the company in the high-end component field, is currently operating well overall, and its production capacity and order situation meet the company’s expectations. The specific pace of future expansion will mainly depend on its technological R&D progress, market development, and the actual progress of capacity ramp-up. As a shareholder, the company will follow the wishes of all shareholders and does not rule out further increasing its stake in Xunwei Electronics and Technology (Yiyang) Co., Ltd.