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Shengtak New Materials (300881.SZ): Awarded a project worth 0.175 billion yuan.
Glory Union reported on January 6 that Shengtak New Materials (300881.SZ) announced it recently received the "Notice of Winning Bid" from the bidding organization Dongfang Electric Corporation. The notice confirms that the company is the winning bidder for Dongfang Electric's "2025 One-Year Domestic SUPER304H Stainless Steel Pipe Centralized Procurement" bidding project. The bid amount is approximately 175.15 million yuan, accounting for 8.84% of the company's audited revenue for the year 2023. If the company can sign a formal project contract and successfully implement the project, it will have a positive impact on the company's future operational performance.
Shengtak New Materials (300881.SZ): has repurchased a total of 0.51% of shares.
Gelonghui, January 2nd丨Shengtak New Materials (300881.SZ) announced that as of December 31, 2024, the company has repurchased a total of 564,230 shares through centralized bidding, accounting for 0.51% of the company's total share capital, with a total consideration of 11.2416 million yuan (excluding transaction fees), the highest Fill Price being 21.99 yuan/share and the lowest Fill Price being 18.75 yuan/share.
Shengtak New Materials (300881.SZ): Signed a metal material procurement contract worth 0.132 billion yuan with Dongfang Boiler.
Glory Exchange reported on December 3 that shengtak new materials (300881.SZ) announced that the company recently signed a "metal materials procurement contract" with Dongfang Electric Group Dongfang Boiler Co., Ltd. (hereinafter referred to as "Dongfang Boiler" or "buyer"), according to which Dongfang Boiler will purchase alloy steel pipes from the company for a total of 132.3931 million yuan (including tax).
We Believe Shengtak New Material's (SZSE:300881) Earnings Are A Poor Guide For Its Profitability
Shengde Xintai: Report for the third quarter of 2024
The demand for ultra-supercritical coal-fired power units in the downstream continues to grow. Shengtak New Materials' Q3 performance doubles interpretations.
① shengtak new materials' performance in the first three quarters increased by 166.30% year-on-year, and the company's performance in the third quarter increased by 231.61% year-on-year, with performance growth continuing to rise. ② Company officials stated that the main reason for the performance growth is the demand from the downstream thermal power boiler market. Currently, the company's orders are sufficient, and the inclusion of Jiangsu Ruimei is also one of the reasons for the performance growth.
Shengtak New Material Co., Ltd's (SZSE:300881) Shares Bounce 48% But Its Business Still Trails The Market
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