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Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Market Cap Dropped CN¥712m Last Week; Private Companies Bore the Brunt
Zhejiang JIULI Hi-tech Metals Plans to Sell Nearly 16 Million Shares
Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Doing The Right Things To Multiply Its Share Price
Zhejiang JIULI Hi-tech Metals (002318.SZ): A total of 1.32% of shares have been repurchased, the repurchase plan has been completed.
On January 15, according to Gelonghui, Zhejiang JIULI Hi-tech Metals (002318.SZ) announced that as of January 14, 2025, the company had repurchased a total of 12,936,717 shares through a special securities account via centralized bidding, accounting for 1.32% of the company's total share capital, with the highest Fill Price at 23.99 yuan/share, the lowest Fill Price at 22.58 yuan/share, and a total amount of 299,830,575.70 yuan (excluding transaction fees, etc.). The total amount of funds for the share repurchase, the repurchase price, the number of shares repurchased, and the implementation period of the repurchase are all in line with the approval of the company's Board of Directors.
Zhejiang JIULI Hi-tech Metals (002318.SZ): Signed the "Construction Contract" with a subsidiary of the controlling Shareholder.
Gelonghui, January 10丨Zhejiang JIULI Hi-tech Metals (002318.SZ) announced that the company signed an "Engineering Construction Contract" with its controlling shareholder, JIULI Group Co., Ltd. (referred to as "JIULI Group"), through its wholly-owned subsidiary Zhejiang JIULI Steel Structure Engineering Co., Ltd. (referred to as "JIULI Steel Structure"), according to the needs of engineering & construction and operational production, with an expected related party transaction amount of 20 million RMB.
Zhejiang JIULI Hi-tech Metals (002318.SZ): One of the main suppliers of typical products for Nuclear Power in China.
On January 7, the Stock Exchange reported that Zhejiang JIULI Hi-tech Metals (002318.SZ) stated at an investor relations event that in recent years, the Nuclear Power downstream sector has been performing well, and the company offers a wide range of Nuclear Power-related products. Currently, among the Nuclear Power orders on hand, aside from some products produced by dedicated production lines, most traditional Nuclear Power category products can be manufactured on general production lines. With the push for localization, the company, as one of the main suppliers of typical domestic Nuclear Power products, will continue to strive to increase its market share in this sector, bringing more growth points to the company's performance.
Benign Growth For Zhejiang JIULI Hi-tech Metals Co.,Ltd (SZSE:002318) Underpins Its Share Price
