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Luxi Chemical Group (SZSE:000830) Sheds CN¥2.1b, Company Earnings and Investor Returns Have Been Trending Downwards for Past Three Years
Luxi Chemical Group (000830.SZ): Most of the production enterprises within the company's industrial park use external power to meet production needs.
On July 25th, Gelonhui reported that Luxi Chemical Group (000830.SZ) stated on its investor platform that most of the production enterprises in the company's park use external electricity to meet their production needs.
Investors Holding Back On Luxi Chemical Group Co., Ltd. (SZSE:000830)
Luxi Chemical Group (000830.SZ): The projects of Caprolactam, Nylon 6, Hydrogen Peroxide, Organic Silicon, etc. are in an orderly progress.
Luxi Chemical Group (000830.SZ) recently stated during a meeting with institutional investors that the company is making coordinated efforts to advance construction and continue ongoing projects. The company is holding scheduling meetings and implementing a project delegation mechanism for company leaders. They are coordinating resources and addressing issues that adversely affect project progress, conducting on-site inspections to ensure safe construction, quality, and progress, and working to coordinate resources to meet testing needs and ensure safety. Currently, internal amides, nylon 6, hydrogen peroxide, and organic silicon projects are progressing in an orderly manner.
The hydrogen peroxide project is a project undertaken by Lu Xi Chemical Group's wholly-owned subsidiary, Liaocheng Hydrogen Peroxide.
On July 8th, Gelunhui reported that the hydrogen peroxide project is a project undertaken by Chatong Luxi Hydrogen Peroxide New Materials Technology Co., Ltd., a wholly-owned subsidiary of Luxi Chemical Group. The company and the controlling shareholder China National Chemical Investment Corporation, as well as shareholders holding more than 5% of the shares of Luxi Chemical Group, operate independently and there is no competition among them.
Luxi Chemical Group: 2024 Interim Performance Forecast
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