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Do-Fluoride New Materials Co., Ltd.'s (SZSE:002407) Stock Is Going Strong: Have Financials A Role To Play?
Do-Fluoride New Materials to Buy Back Up to 300 Million Yuan Worth of Shares
do-fluoride new materials (002407.SZ): Increasing capital to the holding subsidiary.
On December 3, Gelonhui announced that on December 2, 2024, the seventh meeting of the board of directors was held to review and approve the 'Proposal to Increase Capital to a Subsidiary', agreeing to increase the registered capital of its subsidiary Hubei Fluorosilicon Yicheng New Materials Co., Ltd. (referred to as 'Fluorosilicon Yicheng') by 400 million yuan, changing the registered capital from 100 million yuan to 500 million yuan. In the spirit of equality and mutual benefit, after friendly negotiations among the shareholders of Fluorosilicon Yicheng, Do-Fluoride New Materials subscribed to the new registered capital of Fluorosilicon Yicheng with monetary funds of 204 million yuan.
Do-Fluoride New Materials (SZSE:002407) May Have Issues Allocating Its Capital
Is the lithium battery industry chain about to bottom out? Insiders predict that prices are expected to rebound next year, with industry leaders emphasizing global layout | Exclusive coverage of the High Work Lithium Battery Annual Conference.
① At the 2024 High-tech Lithium Battery Annual Conference held yesterday, Zhang Xiaofei, chairman of High-tech Lithium Battery, predicted that the first quarter of next year will be the lowest price point, and in the second quarter of next year, the prices of battery raw materials will begin to rise; ② The future industry will face a more severe competitive landscape and capacity thresholds, and the solution offered by leading enterprises is to expand overseas.
Earnings Troubles May Signal Larger Issues for Do-Fluoride New Materials (SZSE:002407) Shareholders
Returns On Capital At Do-Fluoride New Materials (SZSE:002407) Paint A Concerning Picture
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