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There's No Escaping Jiangsu Baichuan High-Tech New Materials Co., Ltd's (SZSE:002455) Muted Revenues
Jiangsu Baichuan High-Tech New Materials (002455.SZ): The expected continued shutdown time for the phthalic anhydride phase I production line is around 1 month.
Jiangsu Baichuan High-Tech New Materials (002455.SZ) announced on September 25th that during the shutdown of the phthalic anhydride first-phase production line, the company conducted a comprehensive inspection in accordance with safety, eco-friendly, and fire protection standards, installed safety monitoring equipment and smart systems for monitoring some technical indicators of the production line to enhance safety levels. However, due to the customization requirement and long procurement cycle of certain equipment, the maintenance progress is delayed beyond expectations. The company will actively promote and complete the maintenance work as soon as possible, with an expected continued shutdown period of around 1 month. The specific resumption time will be based on the actual maintenance time.
Shareholder Zheng Tiejian of Jiangsu Baichuan High-Tech New Materials (002455.SZ) intends to reduce his shareholding by no more than 2.61%.
Jiangsu Baichuan High-Tech New Materials (002455.SZ) announced that the controlling shareholder, Zheng Tiejian, plans to reduce his shareholding by 15 transactions from the date of this announcement...
Baichuan Co., Ltd.: 2024 Semi-Annual Report Summary
Baichuan Co., Ltd.: 2024 Semi-Annual Report
Jiangsu Baichuan High-tech New Materials (002455.SZ): The net income in the first half of the year was 0.102 billion yuan, turning losses around year-on-year.
On August 29th, Gleba News: Jiangsu Baichuan High-tech New Materials (002455.SZ) released its 2024 interim report, with a half-year revenue of 2.635 billion yuan, a year-on-year growth of 26.63%; a net income attributable to the company's shareholders of 0.102 billion yuan, turning losses into profits year-on-year; a net income attributable to the company's shareholders, excluding non-recurring gains and losses, of 77.9115 million yuan; and an earnings per share of 0.17 yuan.
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