Fujian Raynen Technology Co Ltd
SSE:603933
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We don't have any information about Fujian Raynen Technology Co Ltd's insider trading.
Fujian Raynen Technology Co Ltd
Glance View
Fujian Raynen Technology Co., Ltd. engages in the research and development, production, and sale of knitting equipment computer control systems; and distribution of integrated circuit products. The company is headquartered in Fuzhou, Fujian and currently employs 1,103 full-time employees. The company went IPO on 2017-07-06. The firm operates through two main segments. The Manufacture segment is mainly engaged in the research, development, manufacture and sales of computerized control system for knitting machines, as well as the manufacture of development tools and evaluation boards for IC products and high - pressure gas discharge lamp electronic ballast, among others. The Distribution segment is primarily engaged in the distribution of integrated circuit chips, other electronic components and industrial electrical automation products.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
