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Tongxing Environmental Protection Technology Co.,Ltd (SZSE:003027) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Tongxing Environmental Protection Technology (003027.SZ): The company's independently developed TX-1 series absorbent boasts anti-oxidation capabilities 20-300 times higher than competing products.
Gelonghui November 22nd | Tongxing Environmental Protection Technology (003027.SZ) stated in investor relations that in November, after strict testing and evaluation by customers, the company's independently developed TX-1 series adsorbent, with 20-300 times higher antioxidant capacity than competing products, has significant advantages in capture rate and regenerative energy consumption, thereby winning the favor of CSIC No. 711 and receiving orders. Currently, the company has completed supply to this customer.
Tongxing environmental protection technology (003027.SZ): Currently has internationally leading low-temperature SCR denitration catalysts.
Glory Exchange, November 22nd | Tongxing Environmental Protection Technology (003027.SZ) stated in an investor relations meeting that the company currently has internationally leading low-temperature SCR denitrification catalysts. At the same time, the fifth-generation CO catalyst has also made significant research and development progress, performing well in the honeycomb test setups conducted with downstream customers like Magang and Nanjing Steel. The company's CO catalyst has accumulated over 2700 hours of running under conditions of 270-280°C and 0.02 million space velocity, maintaining a CO removal efficiency of over 90%. Currently, the company is conducting pilot scale-up tests with downstream customer Ausen Iron and Steel, and several clients have already expressed interest in.
tongxing environmental protection technology (003027.SZ): The company's annual production of two hundred tons of pilot-scale equipment has been completed.
Gelonghui, November 22nd | Tongxing Environmental Protection Technology (003027.SZ) stated in investor relations that the company has completed the construction of a 200-ton scale pilot plant and has purchased 180 acres of land for the construction of a project to produce 0.02 million tons of cathode material for sodium-ion batteries annually. Currently, the initial factory layout has been completed, and the progress of later construction will be determined based on the maturity of the product and market demand. The company plans to build the Phase I project to produce 6,000 tons of cathode material for sodium-ion batteries annually or adopt a processing model to flexibly respond to market demands.
Tongxing environmental protection technology (003027.SZ): The company's sodium-ion batteries cathode material ultimately adopts a long-cycle poly anion route.
Gelonghui on November 22nd: Tongxing Environmental Protection Technology (003027.SZ) stated in the investor relations that the company's previous priority layout was layered oxides. After the research and development team's demonstration and combined with market research and analysis to determine comprehensively, the company's sodium-ion battery cathode material ultimately adopted a long-cycle poly-anion route.
Tongxing Environmental Protection Technology (003027.SZ): As of the end of October, the company's engineering business has approximately 0.53 billion yuan in orders on hand.
Gelonghui November 22nd | Tongxing Environmental Protection Technology (003027.SZ) stated in investor relations that as of the end of October, the company's engineering business had an outstanding order of approximately 0.53 billion yuan, and catalysts had an outstanding order of approximately 0.1 billion yuan.
Tongxing Environmental Protection Technology Co.,Ltd's (SZSE:003027) 28% Price Boost Is Out Of Tune With EarningsNo Data
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