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Shaanxi Xinghua Chemistry: 2024 Interim Performance Forecast
Shaanxi Xinghua Chemistry (002109.SZ): Expected to incur a loss of 0.22 to 0.29 billion yuan in the first half of the year.
On July 8, 2024, shaanxi xinghua chemistry (002109.SZ) announced its performance forecast for the first half of the year. The company expects a net loss of 0.22-0.29 billion yuan attributable to shareholders of listed companies, a decrease of 30.68%-72.26% compared to the same period last year. The net loss attributable to shareholders of listed companies after deducting non-recurring gains and losses was 0.22-0.29 billion yuan, a decrease of 25.14%-64.95% compared to the same period last year. The basic loss per share was 0.17 yuan/share-0.23 yuan/share. During the reporting period, the selling price of the company's main products remained low, with a slow decline in production costs.
Shaanxi Xinghua Chemistry (002109.SZ): Subsidiary Yushen Energy Chemical completes annual maintenance plan and resumes running.
On June 27th, Gelunhui reported that Shaanxi Xinghua Chemistry (002109.SZ) announced that its holding subsidiary, Shaanxi Yanchang Petroleum Yushen Energy and Chemical Co., Ltd. (referred to as "Yushen Nenghua"), will conduct routine shutdown maintenance on May 17, 2024, in order to ensure the safe and stable operation of the production facilities in the later stage. The shutdown is expected to last for 45 days. For details, please refer to the announcement "Announcement on routine shutdown maintenance of Yushen Nenghua" (announcement number: 2024-028) disclosed on May 16, 2024. During the shutdown maintenance period, Yushen Nenghua has improved the performance and operation quality of production equipment to ensure the safety of the facilities.
Shaanxi Xinghua Chemistry to Buy 51% of Yulin Kaiyue Coal Chemical
Shaanxi Xinghua Chemistry (SHE:002109) plans to acquire 51% of Shaanxi Yanchang Petroleum Yulin Kaiyue Coal Chemical, according to the company's disclosure on the Shenzhen Stock Exchange. The stake wi
Shaanxi Xinghua chemistry (002109.SZ): planning to acquire control of Kaiyue coal chemistry.
Xinghua Chemistry (002109.SZ) announced on June 7th that in order to promote the company's structural adjustment and actively layout synthetic gas and ethanol production industry on the basis of upgrading the industry chain, the company intends to purchase 51% equity of Shaanxi Yanchang Yulin Kaiyue Coal Chemical Co., Ltd. (hereinafter referred to as Kaiyue Coal Chemical), a wholly-owned subsidiary of Shaanxi Yanchang Petroleum Yulin Coal Chemical Co., Ltd. through cash to effectively avoid substantive competition between the Kaiyue Coal Chemical's 500,000 tons of ethanol project and the existing business of the listed company and further improve the company's development quality. Yumin Coal Chemical Industry Co., Ltd. (hereinafter referred to as Yumei Coal Chemical), a subsidiary of Yinchang Petroleum.
Xinghua Chemistry's Unit to Shut Down for Maintenance Checks
Shaanxi Xinghua Chemistry's (SHE:002109) unit, Shaanxi Yanchang Petroleum Yushen Energy Chemical, suspended operations starting Friday, May 17, for maintenance work, according to a Thursday filing on
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