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Market Still Lacking Some Conviction On Shenzhen Capchem Technology Co., Ltd. (SZSE:300037)
Shenzhen Capchem Technology (300037.SZ): has repurchased 0.2134% of its shares to date.
Shenzhen Capchem Technology (300037.SZ) announced that as of July 31, 2024, the company repurchased 1,608,899 shares through a repurchase dedicated securities account using centralized bidding trading method, accounting for 0.2134% of the total share capital of the company as of July 31, 2024. The highest fill price was 32.43 yuan/share, the lowest fill price was 28.30 yuan/share, and the trading amount was 49.9813 million yuan (excluding transaction costs). The share repurchase complies with the company's share repurchase plan and relevant laws and regulations.
Return Trends At Shenzhen Capchem Technology (SZSE:300037) Aren't Appealing
The Recent CN¥1.1b Market Cap Decrease Is Likely to Have Disappointed Insiders Invested in Shenzhen Capchem Technology Co., Ltd. (SZSE:300037)
Shenzhen Capchem Technology (300037.SZ): Has not been involved in the production of solid state batteries.
On June 24, Gelonhui reported that Shenzhen Capchem Technology (300037.SZ) stated on the investor platform that the company does not involve production of solid state batteries. However, one of the company's four businesses, chemical materials for batteries, involves solid state battery chemistry. Currently, the company is actively cooperating with downstream solid state battery manufacturers for research and development, production and promotion of solid state batteries.
Is Shenzhen Capchem Technology (SZSE:300037) A Risky Investment?
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