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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.
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.
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.
Express News | Jiangsu Eastern Shenghong Says Shareholders to Increase Holdings in the Company by 2-4 Bln Yuan Within Six Months
Express News | Yulong Petrochemical Aims to Start Test Runs at Second 200,000-Bpd Crude Unit in January -Sources
Express News | China's Yulong Petrochemical Ramps up Operating Rate of New 200,000-Bpd Crude Unit in Shandong to 90% -Sources
Investing in Jiangsu Eastern ShenghongLtd (SZSE:000301) Five Years Ago Would Have Delivered You a 111% Gain
