 2003-11-19 |
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(2003/11/19, Cnyes.com) YC (4306) is experiencing rapid revenue growth and plans to apply for the establishment of an operational headquarters in Taiwan by the end of this year. Additionally, it intends to carry out a capital increase through earnings conversion and cash infusion next year, aiming to expand its capital to over NT$1 billion and apply for listing on the main board.
Today (19th), the stock price was buoyed by the news, showing a slight upward trend and closing at NT$23.8 midday, a modest increase of 1.13%. YC remains the leading OTC stock in the plastics sector.
In the past two years, YC has actively invested in establishing factories across the Taiwan Strait, leading to rapid growth in its operational scale. The group’s revenue is estimated to reach NT$3.1 billion this year, with projections to grow to NT$5 billion next year. Establishing an operational headquarters is expected to integrate cross-strait resources and enhance competitiveness. |
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