Hunan TV & Broadcast Intermediary's (SHE:000917) net profit is expected to rise by approximately 80 million yuan after its investee company, Nanchang Sanrui Intelligence Technology (SHE:301696), debuted on the Shenzhen Stock Exchange, according to a Tuesday bourse filing.
The unmanned aerial vehicles and robot power systems producer offered shares worth 24.68 yuan apiece on its debut on April 10.
The Chinese media company's shares rose 1% during the afternoon trade.
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