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The Returns At Weihai Guangwei Composites (SZSE:300699) Aren't Growing
China International Capital Corporation: High-temperature resistant composite materials are key materials for the thermal structure of aircraft, and industry demand is expected to be released rapidly.
With the deployment of high-end equipment represented by hypersonic equipment, the demand for high-temperature resistant composite materials is expected to show strong elasticity, and core enterprises in the industry chain are likely to fully benefit.
Individual Investors in Weihai Guangwei Composites Co., Ltd. (SZSE:300699) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 6.5% Last Week
Weihai Guangwei Composites (300699.SZ): Weihai Expansion intends to acquire 100% equity of Inner Mongolia Guangwei.
Gelonghui, December 2nd丨Weihai Guangwei Composites (300699.SZ) announced that its wholly-owned subsidiary, Weihai Expansion Fiber Co., Ltd., plans to use its own funds to acquire 60% equity held by the company's wholly-owned subsidiary, Weihai Guangwei Energy New Materials Co., Ltd. in Inner Mongolia, as well as 40% equity held by the company's controlling shareholder, Weihai Guangwei Group Co., Ltd. After the completion of this trade, Inner Mongolia Guangwei will become a wholly-owned subsidiary of Weihai Expansion. On the same day, the company announced the establishment of the Inner Mongolia branch of Weihai Expansion Fiber Co., Ltd. in Baotou. Weihai Expansion Fiber Co., Ltd. will complete the acquisition of Inner Mongolia Guangwei Carbon Fiber Co., Ltd.
Are Robust Financials Driving The Recent Rally In Weihai Guangwei Composites Co., Ltd.'s (SZSE:300699) Stock?
Concerns Surrounding Weihai Guangwei Composites' (SZSE:300699) Performance