Shenzhen Deren Electronic Co Ltd: Recent Financial Developments

Shenzhen Deren Electronic Co Ltd, a company based in China, specializes in manufacturing and marketing electronic connectors for home appliances. Listed on the Shenzhen Stock Exchange, the company operates within the Information Technology sector, specifically in the Electronic Equipment, Instruments & Components industry. As of May 29, 2025, the company’s close price was 6.11 CNH, with a market capitalization of 3.51 billion CNH. The company’s 52-week high was 9.49 CNH on December 25, 2024, and its 52-week low was 4.27 CNH on April 8, 2025. The price-to-earnings ratio stands at -2.93.

Market Activity and Stock Performance

On June 4, 2025, the copper cable high-speed connection sector experienced significant activity, with Shenzhen Deren Electronic Co Ltd’s stock, along with others in the sector, showing notable gains. According to a report by South China Financial News, stocks such as Deren Electronic and Hua Mai Technology reached their daily price limits, while Tai Chen Guang surged over 10%. Other companies like Lu Xiao Technology, Shenglan Group, Fujida, Wolfram Materials, and Xianying Technology also saw upward movements.

Recent Financing and Stock Buy-In

On June 3, 2025, Deren Electronic received a substantial buy-in from financing amounting to 12.56 million yuan, representing 10.54% of the day’s total inflow. Data from the same day indicates that the company’s financing balance stood at 21.6 million yuan, accounting for 5.93% of its circulating market value. This percentage is below the historical 10% threshold, suggesting a relatively conservative financing position.

Judicial Auction of Shares

On June 3, 2025, Deren Electronic issued a preliminary announcement regarding the judicial auction of shares held by its controlling shareholder. The announcement highlighted potential changes in equity that could affect thresholds of 1% and 5% multiples. This development could have implications for the company’s shareholding structure and market perception.

These recent developments reflect both opportunities and challenges for Shenzhen Deren Electronic Co Ltd as it navigates the dynamic market environment.