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Returns On Capital Are Showing Encouraging Signs At Sichuan Development LomonLtd (SZSE:002312)
Sichuan Development Lomon Buys Stake in Parent's Mineral Resources Mining Unit for 263 Million Yuan; Shares Up 4%
Sichuan Development Lomon (002312.SZ): Acquired 10% equity in Tiansheng Mining.
On February 6, Gelonghui reported that Sichuan Development Lomon (002312.SZ) announced that to further consolidate the company's "integrated mineralization" development advantage, strengthen the "sulfur-phosphorus-titanium-iron-lithium-calcium" multi-resource circular industry layout, and enhance the company's overall competitiveness, according to the notice on the transaction-related matters issued by the Southwest United Property Exchange, the company competed for the wholly-owned subsidiary of the controlling shareholder, Sichuan Advanced Materials Industry Investment Group Co., Ltd. (referred to as "Advanced Materials Group"), Sichuan Development Tiansheng Mining Co., Ltd. (referred to as "" with a listing starting price of 263.266 million yuan in public bidding.
Is Sichuan Development LomonLtd (SZSE:002312) A Risky Investment?
Sichuan Development Lomon (002312.SZ): does not involve the commercial Satellite field and will not launch low-altitude satellites.
On January 8, Gelonghui reported that Sichuan Development Lomon (002312.SZ) stated on the investor interaction platform that the company focuses on its core business and does not involve itself in the commercial Satellite field and will not launch low-altitude satellites. The company mainly engages in the production and sales of industrial-grade monoammonium phosphate, fertilizer-grade monoammonium phosphate, Fodder-grade dicalcium phosphate, compound fertilizers, and lithium iron phosphate.
Sichuan Development Lomon (002312.SZ) plans to apply for the registration and issuance of medium-term notes not exceeding 2.5 billion yuan.
Sichuan Development Lomon (002312.SZ) announced that the Board of Directors has reviewed and approved the "Application for the Company's Registration and Issuance of Medium-Term..."
Are Sichuan Development Lomon Co., Ltd.'s (SZSE:002312) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
