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Here's Why Poly Plastic Masterbatch (SuZhou)Ltd (SZSE:300905) Can Manage Its Debt Responsibly
Poly plastic masterbatch (300905.SZ): The second phase of 0.026 million tons color masterbatch project will complete the relocation of the old factory area in July, and the production capacity is gradually being released.
Poly plastic masterbatch (300905.SZ) stated on the investor interaction platform on September 23 that the company's 0.0425 million-ton Phase I project in Suzhou Xiangcheng Economic Development Zone started construction in 2019, began operation in June 2022, and after one year of operation in 2023, it has basically reached full production. The Phase II 0.026 million-ton masterbatch project is expected to complete the relocation of the old factory area in July 2024, and the production capacity is currently being gradually released.
Poly Plastic Masterbatch (SuZhou) Co.,Ltd's (SZSE:300905) Shares Climb 32% But Its Business Is Yet to Catch Up
Poly Plastic Masterbatch (300905.SZ): COF materials produced by its subsidiary, Yaoke, are undergoing industrialization and commercialization.
Poly Plastic Masterbatch (300905.SZ) announced abnormal fluctuations in the trading of stocks. The company has not found any recent public media reports that may have a significant impact on the trading price of its stocks. However, the company has noticed discussions regarding the 'COFs Material' incident and related hot topics on some media and stock platforms. The company's subsidiary, Yaoke New Materials (Suzhou) Co., Ltd. ('Yaoke'), is currently in the process of industrialization and commercialization of COFs materials, which are not yet in large-scale sales or profitable. Yaoke will increase its research and development and production investment to enrich the product range of COFs.
Weak Financial Prospects Seem To Be Dragging Down Poly Plastic Masterbatch (SuZhou) Co.,Ltd (SZSE:300905) Stock
Poly plastic masterbatch (300905.SZ): cofs material applied to solid state batteries.
Poly plastic masterbatch (300905.SZ) expressed on the investor interaction platform that cofs materials are used in solid state batteries. According to the company, there are related institutions and companies in the market doing research and development. The company's main research and development is the production and synthesis of cofs materials. Currently, the company is conducting product validation in various fields and with different customers. As a new material product, it takes time to go from the laboratory to industrial production, and from customer validation to commercialization. The company is working hard on these related tasks.
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