Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Shares Lagging The Market But So Is The Business

Simply Wall StDec 9 18:33 ET

Zhejiang Jiuli Hi-Tech Metals (002318.SZ): Has not yet repurchased shares.

Gelonghui December 2nd | Zhejiang Jiuli Hi-Tech Metals (002318.SZ) announced that the company has opened a special account for repurchasing shares at the Shenzhen branch of China Securities Depository and Clearing Corporation. As of November 30, 2024, the company has not repurchased any shares. According to relevant regulations, the company will announce the share repurchase the day after the first share repurchase actually occurs.

Gelonghui FinanceDec 2 04:27 ET

China Securities Co., Ltd.: In 2025, steel prices will primarily remain volatile, reinforcing a new order of supply and demand under controlled production.

China's high-end special steel industry is still in a growth stage, with new energy, shipbuilding, and aviation industries in a period of vigorous development, deserving a certain valuation premium.

Zhitong FinanceNov 29 01:42 ET

Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Biggest Owners Are Private Companies Who Got Richer After Stock Soared 4.0% Last Week

Simply Wall StNov 20 19:14 ET

Zhejiang Jiuli Hi-Tech Metals (002318.SZ): Received a "Loan Commitment Letter" not exceeding 0.2 billion yuan.

On November 14, Gelonghui reported that Zhejiang Jiuli Hi-Tech Metals (002318.SZ) announced that recently, based on the notification issued by the People's Bank of China, the Financial Regulatory Administration, and the China Securities Regulatory Commission regarding the establishment of share buyback and shareholding related loan matters, the company and China Construction Bank Co., Ltd. Huzhou Branch (referred to as "CCB Huzhou Branch") reached an agreement. CCB Huzhou Branch issued the "China Construction Bank Loan Commitment Letter," agreeing to provide the company with a special loan for share buyback, with a loan amount not exceeding 200 million yuan (RMB) and a loan term of 1 year. Apart from the aforementioned loan, the remaining funds for this buyback will be public.

Gelonghui FinanceNov 14 07:58 ET

China Great Wall Securities: Q4 strong expected trade expected to continue, steel sector has broad room for recovery.

There may be room for policy adjustment, and the window period that is difficult to verify is expected to extend the time and space for the rebound of the steel sector.

Zhitong FinanceNov 7 01:30 ET