About
- Press Releases
- 05/18/2017
USI Has Been Included in MSCI China-A Index
(2017-05-18, Shanghai) MSCI Inc. (MSCI), known as a famous US-based index setup company, published its quarterly index adjustment on May 15. The MSCI China-A Index additionally includes 39 A-share listed companies, including USI (SSE 601231), and removes 22 A-share listed ones. Before this, USI has already been listed in the SSE Corporate Governance Sector and SSE 380 Index, and regarded as underlying stock of securities margin trading and Shanghai-Hong Kong Stock Connect. The adjustment for this time will take effect after closing on May 31.
As a global leading ODM/EMS specializing in product design, miniaturization, material procurement, manufacturing, logistics and maintenance service for domestic and foreign branded electronics or modules, USI got listed on Shanghai Stock Exchange in February 2012, and was reported to have a total asset of RMB 15.405 billion and a net asset of RMB 7.537 billion by the end of 2016. The total market capitalization of USI was RMB 30.485 billion at closing on May 16, 2017.
According to USI, being included in MSCI China-A Index helps to enhance USI’s market exposure and institutions' attention, and improve the share price and turnover. Since fund companies have launched MSCI China A-share ETF in the Chinese market, USI’s being included in MSCI China-A Index is likely to bring about passive allocation from such funds. Furthermore, this helps to invite more foreign funds to USI, thereby further optimizing its shareholder structure.
USI published its financial statement for Q1 2017, including retroactive adjustment based on merge of Universal Scientific Industrial Co., Ltd., on April 28, according to which the operation revenue amounted to RMB 6.47 billion, up by 32% on a year-on-year basis; the net profit attributable to equity holders of the parent company amounted to RMB 286 million (up by 239.72% on a year-on-year basis), which represents a record high since its listing.
About USI
USI is a global ODM/EMS leading company providing design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Group and has been listed in Shanghai Stock Exchange in 2012. It has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversify product in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. Through the sales service network in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan and Mexico. USI has about 15,000 people worldwide. For more information, please visit www.usiglobal.com
MSCI China-A Index
In May 2005, MSCI launched its MSCI China-A Index, the first independent national index created by MSCI in the Chinese A-share market, which is intended to provide a stock performance benchmark to current investors in the A-share market, and can be used by international investors to learn about and participate in the Chinese A-share market. MSCI China-A Index as weighted by freely circulating market capitalization covers A shares at stock exchanges in Shanghai and Shenzhen. The index is set up by using a bottom-up sampling method and taking the industry group representativeness of 65% as its objective to show the diversity of business activities, achieve the broad and fair market representativeness, and realize the flexibility that reflects the changes in A-share market. In addition, the index design involves large-cap stocks inclusion criteria so as to systematically indicate certain risks in big companies, and employs the minimum size standard and liquidity screening to assure the investable ability of index.
IR Contact:
Sherry Wang
Tel：+86-137-7422-4322
Sherry_wang@usish.com
As a global leading ODM/EMS specializing in product design, miniaturization, material procurement, manufacturing, logistics and maintenance service for domestic and foreign branded electronics or modules, USI got listed on Shanghai Stock Exchange in February 2012, and was reported to have a total asset of RMB 15.405 billion and a net asset of RMB 7.537 billion by the end of 2016. The total market capitalization of USI was RMB 30.485 billion at closing on May 16, 2017.
According to USI, being included in MSCI China-A Index helps to enhance USI’s market exposure and institutions' attention, and improve the share price and turnover. Since fund companies have launched MSCI China A-share ETF in the Chinese market, USI’s being included in MSCI China-A Index is likely to bring about passive allocation from such funds. Furthermore, this helps to invite more foreign funds to USI, thereby further optimizing its shareholder structure.
USI published its financial statement for Q1 2017, including retroactive adjustment based on merge of Universal Scientific Industrial Co., Ltd., on April 28, according to which the operation revenue amounted to RMB 6.47 billion, up by 32% on a year-on-year basis; the net profit attributable to equity holders of the parent company amounted to RMB 286 million (up by 239.72% on a year-on-year basis), which represents a record high since its listing.
About USI
USI is a global ODM/EMS leading company providing design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Group and has been listed in Shanghai Stock Exchange in 2012. It has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversify product in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. Through the sales service network in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan and Mexico. USI has about 15,000 people worldwide. For more information, please visit www.usiglobal.com
MSCI China-A Index
In May 2005, MSCI launched its MSCI China-A Index, the first independent national index created by MSCI in the Chinese A-share market, which is intended to provide a stock performance benchmark to current investors in the A-share market, and can be used by international investors to learn about and participate in the Chinese A-share market. MSCI China-A Index as weighted by freely circulating market capitalization covers A shares at stock exchanges in Shanghai and Shenzhen. The index is set up by using a bottom-up sampling method and taking the industry group representativeness of 65% as its objective to show the diversity of business activities, achieve the broad and fair market representativeness, and realize the flexibility that reflects the changes in A-share market. In addition, the index design involves large-cap stocks inclusion criteria so as to systematically indicate certain risks in big companies, and employs the minimum size standard and liquidity screening to assure the investable ability of index.
IR Contact:
Sherry Wang
Tel：+86-137-7422-4322
Sherry_wang@usish.com
