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These 4 Measures Indicate That Rongsheng Petrochemical (SZSE:002493) Is Using Debt Extensively
Donghai Securities: International oil prices may show a V-shaped trend in 2025, with prices expected to rebound from the bottom in the second half of the year.
In 2025, international oil prices may present a V-shaped trend. The USA faces pressure on oil prices in the short to medium term due to inflation reduction and the need for the return of manufacturing, as well as the relaxation of production cuts by OPEC+. It is expected that the Federal Reserve will initiate new interest rate cuts in the second half of the year, and under the boost of the recovering economy in China, oil prices are expected to rebound from the bottom.
Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Stock Most Popular Amongst Private Companies Who Own 57%, While Individual Investors Hold 18%
Rongsheng Petro Chemical (002493.SZ): The controlling Shareholder completed the Shareholding of 56.8922 million shares.
On February 20, 2025, Rongsheng Petro Chemical (002493.SZ) announced that it received a notice from Rongsheng Holdings regarding the completion of the shareholding increase plan for Rongsheng Petro Chemical Co., Ltd. As of February 20, 2025, the increase plan has been fully implemented. The controlling shareholder, Rongsheng Holdings, through the Shenzhen Stock Exchange trading system, has cumulatively increased its shareholding in Rongsheng Petro Chemical by 56.892217 million shares, accounting for 0.56% of the total share capital of Rongsheng Petro Chemical, with a total investment of approximately 504.8735 million yuan.
Should We Be Cautious About Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) ROE Of 3.5%?
Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Looks Inexpensive But Perhaps Not Attractive Enough
