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Guangdong Kinlong Hardware Products (002791.SZ): First buyback of 0.2922 million shares, involving 6.5942 million yuan.
On August 5th, 2024, Guangdong Kinlong Hardware Products (002791.SZ) announced that it had repurchased 292,150 shares of the company through a share repurchase dedicated security account by centralized bidding trading, accounting for 0.09% of the current total share capital. The highest fill price was 22.68 yuan/share, the lowest fill price was 22.51 yuan/share, and the total turnover was 6.5942 million yuan (excluding transaction costs).
Guangdong KinLong Hardware Products Co.,Ltd.'s (SZSE:002791) Largest Shareholder, CEO Bao Kun Bai Sees Holdings Value Fall by 6.0% Following Recent Drop
Guosen Securities: Macro data slightly rebounded in June, and the off-season cement prices continue to rise.
In June, cement production was 163.97 million tons, a decrease of 10.7% year-on-year. From January to June, the cumulative cement production was 850.47 million tons, a decrease of 10% year-on-year.
Is Guangdong KinLong Hardware Products Co.,Ltd.'s (SZSE:002791) Stock Price Struggling As A Result Of Its Mixed Financials?
Guangdong Kinlong Hardware Products (002791.SZ): The main positioning of its Portuguese subsidiary is in the high-end sanitary ware field.
Guangdong Kinlong Hardware Products (002791.SZ) disclosed an investor relations activity record that showed its Portuguese subsidiary is a wholly-owned production subsidiary acquired overseas that mainly focuses on the high-end sanitary ware sector. The Portuguese business is divided into two parts: production and sales of own branded products and OEM manufacturing. The own brand business mainly focuses on research and development of sanitary ware products, as well as self-sales. The OEM part mainly focuses on labeling other products and mainly targets the European market. In the first half of the year, the scale and performance of the Portuguese business declined due to the company's active adjustment of its operational strategy, gradually discontinuing the OEM part of the business, and focusing on the advantages field.
Guangdong Kinlong Hardware Products (002791.SZ): Home products showed a growth trend in the first half of the year.
On July 5th, Gelunhui disclosed that the investor relations activity record of Guangdong Kinlong Hardware Products (002791.SZ) showed that home products will show an increasing trend in the first half of 2024. The better performing individual products include the new air system and shower business, and these two categories have gradually shown competitive advantages in recent years.
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