Are Poor Financial Prospects Dragging Down Shanghai Kaytune Industrial Co.,Ltd (SZSE:301001 Stock?

Simply Wall StFeb 28 19:25 ET

HAITONG SEC: The development of humanoid robots is accelerating, focusing on the investment opportunities in UHMWPE, the main tendon materials for dexterous hands.

UHMWPE fibers are widely used in humanoid robot tendons, benefiting from the promotion of humanoid robots, and the demand is expected to grow rapidly.

Zhitong FinanceFeb 26 03:07 ET

Is Jiangsu Eastern ShenghongLtd (SZSE:000301) Using Too Much Debt?

Simply Wall StFeb 17 20:03 ET

Jiangsu Eastern Shenghong (000301.SZ): The controlling shareholder and its concerted parties have cumulatively increased their shareholding by 1.69%.

On February 13, Gelonghui reported that Jiangsu Eastern Shenghong (000301.SZ) announced that as of February 13, 2025, the implementation period of this shareholding plan has passed halfway. The controlling shareholder and its concerted parties increased their shareholding in the company by a total of 111,680,875 shares through the Shenzhen Securities Exchange from November 14, 2024, to February 13, 2025, accounting for 1.69% of the company's total share capital (calculated based on the company's total share capital of 6,611,222,758 shares as of February 12, 2025).

Gelonghui FinanceFeb 13 06:11 ET

Overview of the lifting of restrictions on trading A-shares | January 27.

According to the Zhituo Finance APP, on January 27, 22 listed companies had their restricted shares unlocked, with a total market value of approximately 76.517 billion yuan. The specific conditions for the restricted shares unlocked today are as follows: Stock Abbreviation Stock Code Type of Restricted Shares Number of Shares Unlocked Shenzhen Ecobeauty 000010 Stock-based Incentive 45.48 million Jiangsu Eastern Shenghong 000301 Issuance of A-Shares for Institutional Allocation 1.112 billion Shantui Construction Machinery 000680 Stock-based Incentive 7.6725 million Xi'an Catering 000721 Issuance of A-Shares for Original Shareholder Allocation 74.8584 million Angang Steel 000898 Stock-based Incentive 120.

Zhitong FinanceJan 26 20:00 ET

Oriental Shenghong: 2024 Annual Performance Forecast

SZSIJan 24 11:00 ET · Announcements

January 27 A-shares investment warning︱Jiangsu Eastern Shenghong: Expected loss of 2 billion yuan to -2.4 billion yuan for the year 2024; *ST Kexin: The company's Stocks may be delisted.

Sinomach Heavy Equipment Group's shareholders, Bank of China Deyang Branch and Bank of China Zhenjiang Runzhou Sub-branch, plan to collectively reduce their shareholding by no more than 1%; Jiangsu Eastern Shenghong is expected to incur a loss of 2 billion to -2.4 billion yuan in 2024; GANFENGLITHIUM is expected to incur a loss of 1.4 billion to -2.1 billion yuan in 2024; Jihua Group Corporation is expected to incur a loss of 3 billion to 4.25 billion yuan in 2024; Zhejiang Narada Power Source is expected to incur a loss of 1.2 billion to 1.56 billion yuan in 2024; Gongxiao Daji is expected to incur a loss of 1.1 billion to -1.7 billion yuan in 2024; Special Treat Kexin's stocks may be terminated from listing; Shanghai Guijiu's stocks may face delisting risk warnings.

Gelonghui FinanceJan 24 09:48 ET

Express News | Jiangsu Eastern Shenghong Expects to Swing to 2024 Net Loss of 2.0-2.4 Bln Yuan

ReutersJan 24 05:19 ET

Express News | Jiangsu Eastern Shenghong Says Lock-up Period for 16.8% Stake to End, Shares to Start Trading on Jan 27

ReutersJan 22 05:42 ET

Jiangsu Eastern Shenghong (000301.SZ): Currently has PTA production capacity of 3.9 million tons/year.

On January 16, Gelonghui reported that Jiangsu Eastern Shenghong (000301.SZ) stated on the investor interaction platform that the company currently has PTA production capacity of 3.9 million tons per year, which is mainly used for producing polyester filament products. The recovery of PTA prices and the improvement in downstream demand are beneficial for the company's operation.

Gelonghui FinanceJan 16 02:58 ET

Jiangsu Eastern Shenghong (000301.SZ): Currently, there is no involvement in the aramid Business.

Gelonghui, January 15th丨Jiangsu Eastern Shenghong (000301.SZ) stated on the investor interaction platform that the listed company is currently not involved in the aramid business.

Gelonghui FinanceJan 15 04:47 ET

Insufficient Growth At Jiangsu Eastern Shenghong Co.,Ltd. (SZSE:000301) Hampers Share Price

Simply Wall StJan 13 19:27 ET

Jiangsu Eastern Shenghong (000301.SZ): The controlling Shareholder and its concerted actors have collectively increased their Shareholding by 1.10%.

On January 6, Glonghui reported that Jiangsu Eastern Shenghong (000301.SZ) announced that it recently received a notice from Shenghong Technology, Shenghong Petrochemical, and Shenghong Suzhou regarding their combined shareholding in the listed company exceeding 1%. Shenghong Technology, Shenghong Petrochemical, and Shenghong Suzhou increased their shareholding through centralized competitive trading on the Shenzhen Stock Exchange, acquiring a total of 72,956,606 shares from November 14, 2024, to January 3, 2025, accounting for 1% of the company's total share capital (based on the total share capital of 6,611,221,707 shares as of December 31, 2024).

Gelonghui FinanceJan 6 07:31 ET

Tianfeng: The inventory cycle of Energy exploitation may reach its turning point before the production capacity turning point.

The refining products and coke products in the midstream are at the tail end of active destocking, and are expected to enter a state of passive destocking in 2025, increasing the probability of price increases.

Zhitong FinanceJan 1 20:42 ET

Cinda Securities 2025 Annual Strategy Report on the Petrochemical Industry: Refining cycle hits bottom, recovery in prosperity is expected.

Considering that bulk Chemicals may reach a turning point in 2026, private refining companies have characteristics such as low finished oil yield and long Industry Chain for Chemicals, and are expected to benefit first during the upturn cycle of bulk Chemicals profitability.

Zhitong FinanceDec 31, 2024 04:10 ET

Jiangsu Eastern Shenghong (000301.SZ): The subsidiary intends to sell assets containing Precious Metals waste catalysts.

On December 13, Gelonghui reported that Jiangsu Eastern Shenghong (000301.SZ) announced that its subsidiary Jiangsu Shenghong Petrochemical Industry Group Co., Ltd. (hereinafter referred to as "Petrochemical Industry Group") plans to sign a "Framework Agreement for Comprehensive Utilization of Precious Metal Waste Catalysts" with Xuzhou Haotong New Materials Technology Co., Ltd. (hereinafter referred to as "Haotong Technology"). Given the current situation where Petrochemical Industry Group holds Precious Metals, generates waste catalysts, and has periodic agent replacements, both parties have reached cooperation on the recovery, sales, and other related matters of Precious Metal waste catalysts (hereinafter referred to as "waste catalysts"). The assets being sold this time are waste catalysts, specifically waste Silver.

Gelonghui FinanceDec 13, 2024 06:32 ET

东海证券: The petrochemical cycle has reached the bottom, and left layout is just right.

Generally, because the cycle of U.S. dollar repatriation has a significant impact on the global economy, the Federal Reserve starting a rate-cutting cycle often indicates the bottom of a petrochemical cycle.

Zhitong FinanceNov 27, 2024 03:15 ET

This week added 34 more companies! Jiangsu eastern shenghong and many other stocks disclosed buyback shareholding and refinancing plans, a list of related A-shares is as follows.

① This week, the share buyback and shareholding loans have become "normalized". According to incomplete statistics from Cai Lian She, 34 listed companies disclosed information related to share buyback and shareholding loans (attached table); ② jiangsu eastern shenghong plans to use its own funds and special loans for the largest amount of shareholding, not exceeding 4 billion yuan. After the announcements of jiangsu eastern shenghong, Xinyu Ren, and ningbo peacebird fashion regarding special loans for buybacks or shareholdings, the stock prices closed at the daily limit on the following day.

cls.cnNov 16, 2024 00:09 ET

Express News | Jiangsu Eastern Shenghong Says Shareholders to Increase Holdings in the Company by 2-4 Bln Yuan Within Six Months

ReutersNov 13, 2024 06:47 ET

Express News | Yulong Petrochemical Aims to Start Test Runs at Second 200,000-Bpd Crude Unit in January -Sources

ReutersNov 12, 2024 05:25 ET