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Decent Holding Inc (DXST) delivers innovative environmental solutions through advanced wastewater treatment and ecological water management. This page serves as the definitive source for official company news, providing stakeholders with timely updates on technological advancements and operational developments.
Access curated press releases covering DXST's microbial product innovations, river restoration projects, and industrial wastewater treatment solutions. The resource consolidates critical updates including R&D breakthroughs, strategic partnerships, and regulatory compliance achievements within the environmental technology sector.
Key content categories include operational expansions, technology patents, ecological impact reports, and sustainability initiatives. All materials maintain factual accuracy while avoiding speculative financial content, adhering to strict informational standards.
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Decent Holding Inc. (Nasdaq: DXST), a Chinese wastewater treatment services provider, has announced an Extraordinary General Meeting (EGM) scheduled for May 9, 2025, at their Yantai headquarters. The meeting will address significant changes to the company's share structure.
The key proposals include:
- Reclassifying the current 16,250,000 outstanding ordinary shares, including converting 8,026,000 shares held by Decent into Class A ordinary shares (1 vote per share)
- Redesignating 5,000,000 shares held by Decent into Class B ordinary shares (20 votes per share)
- Converting 483,750,000 remaining authorized but unissued shares into Class A ordinary shares
The total authorized share capital will remain at US$50,000, divided into 495,000,000 Class A Ordinary Shares and 5,000,000 Class B Ordinary Shares, each with a par value of US$0.0001.
Decent Holding (Nasdaq: DXST), a Chinese wastewater treatment provider, reported its fiscal year 2024 results with a 22.2% revenue increase to $11.5 million. While gross profit remained stable at $3.2 million, gross margin declined to 27.8% from 34.0%. Net income rose to $2.1 million from $1.9 million year-over-year.
Revenue breakdown shows:
- Wastewater Treatment Service revenue up 4.8% to $2.5 million
- River Water Quality Management revenue increased 54.7% to $6.9 million
- Product Sales declined 17.2% to $2.2 million
Operating expenses decreased by 29.0% to $0.7 million, reflecting improved operational efficiency. The company plans to invest in innovative technologies and expand its market presence in sustainable water management solutions.
Decent Holding (Nasdaq: DXST), a Chinese wastewater treatment services provider, announced the closing of its Initial Public Offering of 1,250,000 ordinary shares at $4.00 per share, raising $5 million in gross proceeds. Trading began on Nasdaq Capital Market on January 22, 2025, under the ticker 'DXST', with the offering closing on January 23, 2025.
The company granted underwriters a 45-day option to purchase up to 187,500 additional shares to cover over-allotments. The net proceeds will fund business expansion, R&D initiatives, river water quality management services, wastewater treatment technology upgrades, and talent recruitment.
Craft Capital Management and D. Boral Capital served as underwriters for the firm commitment offering.
Decent Holding Inc., a Chinese wastewater treatment services provider, has announced the pricing of its initial public offering (IPO) of 1,250,000 ordinary shares at $4.00 per share, expecting to raise $5 million in gross proceeds. The company's shares will trade on the Nasdaq Capital Market under the symbol DXST starting January 22, 2025.
The IPO includes an over-allotment option for underwriters to purchase up to additional 187,500 shares within 45 days. The net proceeds will fund business expansion, R&D initiatives, river water quality management services, wastewater treatment technology upgrades, and talent recruitment. Craft Capital Management and D. Boral Capital are serving as underwriters for this firm commitment offering.
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