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Cangzhou Mingzhu Plastic (002108.SZ): Currently, the company does not manufacture drainage pipes.
On December 31, Gelonghui reported that Cangzhou Mingzhu Plastic (002108.SZ) stated on the investor interaction platform that the company's RTP pipelines are currently being supplied in bulk to oil fields including Dagang Oilfield, North China Oilfield, Daqing Oilfield, Jiangsu Oilfield, Southwest Oil & Gas Field, and Jilin Oilfield. The company does not currently produce drainage pipes, and its PE pipeline products are mainly for gas and water supply. The downstream customers for the company's gas pipelines are primarily gas operators, including China Resources, Hong Kong and China Gas, China Oil and Gas Group, and Xinao.
Cangzhou Mingzhu Plastic (002108.SZ): The company's BOPA film products are mainly supplied to color printing packaging enterprises.
On December 27, Gelonghui reported that Cangzhou Mingzhu Plastic (002108.SZ) stated on the investor interaction platform that the company's BOPA film products primarily serve color printing packaging enterprises. The "Annual production of 38,000 tons of high barrier nylon Separator project" invested in Wuhu has been put into production in the first quarter of this year. The "Annual production of 38,000 tons of high barrier nylon film project" invested in Cangzhou is still under construction, and it is expected to reach the anticipated usable status by October 2025. In addition to the above-mentioned BOPA film expansion projects under construction, the company currently has no other information regarding BOPA film products.
Some Shareholders Feeling Restless Over Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) P/E Ratio
Cangzhou Mingzhu Plastic (002108.SZ): The designed production capacity of PE pipeline products is about 0.2 million tons, and the capacity utilization rate of pipeline products is about 50%.
On December 24, Gelonghui reported that Cangzhou Mingzhu Plastic (002108.SZ) stated on the investor interaction platform that the designed production capacity of the company's PE pipeline products is approximately 0.2 million tons, and the capacity utilization rate of the pipeline products is about 50%.
Cangzhou mingzhu plastic (002108.SZ): Currently, there are three main categories of products: PE pipe products, BOPA film products, and lithium-ion battery separator products.
On December 10, Gelonghui reported that Cangzhou Mingzhu (002108.SZ) stated on the investor interaction platform that the company currently has three major types of products: PE pipe products, BOPA film products, and lithium-ion battery separator products. Among them, PE pipe products are used in infrastructure construction, primarily applied in the construction of underground pipe networks for gas and water supply, with downstream customers mainly being gas operators and water affairs companies.
Cangzhou Mingzhu PlasticLtd (SZSE:002108) Is Reinvesting At Lower Rates Of Return
The Market Doesn't Like What It Sees From Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Earnings Yet