CNGR Advanced Material (300919.SZ) has not engaged in any behavior of using algo tools to suppress stock prices for buyback purposes.

Cngr Advanced Material (300919.SZ) stated on the investor platform that the company has not used algorithmic tools to suppress stock prices during its buyback, and the repurchased shares will be used for the company's stock-based incentive or employee share ownership plan, without participating in margin brokers. The company has always highly valued market performance and will strive to improve its business operation and development quality in order to effectively safeguard the interests of investors.

Gelonghui FinanceJul 10 03:18 ET

cngr advanced material (300919.SZ) repurchased 0.45% of its shares in total.

Cngr Advanced Material (300919.SZ) announced on July 2nd that, as of June 30th, 2024, the company repurchased 4,195,500 shares through a special securities account for centralized bidding trading, accounting for approximately 0.45% of the company's existing total share capital, with a highest fill price of 55.50 yuan/share and a lowest fill price of 31.00 yuan/share, with a total transaction amount of 211,248,497.08 yuan (excluding transaction fees such as commission and transfer fees). This buyback complies with the company's share buyback plan and relevant laws and regulations.

Gelonghui FinanceJul 2 05:46 ET

CNGR Advanced Material Co.,Ltd.'s (SZSE:300919) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

With its stock down 13% over the past month, it is easy to disregard CNGR Advanced MaterialLtd (SZSE:300919). However, stock prices are usually driven by a company's financial performance over the l

Simply Wall StJun 26 23:37 ET

Soochow Securities: Domestic local electric vehicle sales in May exceeded expectations, bullish on Q3 peak production ramp up.

Electric vehicle Q2 production is relatively stable compared to March, and the market has fully anticipated it. Bullish on Q3 peak season production, expected industry to stock up for Q4 peak season in August and September.

Zhitong FinanceJun 26 03:07 ET

Cngr Advanced Material (300919.SZ): The electrolytic nickel has a production capacity of 80,000 metric tons of metal, and the nickel sulfate has a production capacity of 230,000 metric tons of metal.

On June 25th, Gelunhui reported that CNGR Advanced Material (stock code 300919.SZ) stated on the investor interaction platform that the company is accelerating the vertical integration of the industry chain and actively promoting the construction of nickel resources at home and abroad. Currently, the company's electrolytic nickel capacity (including overseas) has reached 80,000 metric tons of metal; the planned production capacity of nickel sulfate (including overseas) is 320,000 metric tons of metal, and the completed production capacity is 230,000 metric tons of metal.

Gelonghui FinanceJun 25 05:46 ET

Cngr Advanced Material (300919.SZ): The production cost of enriched oxygen side-blown process is relatively high compared to wet process.

On June 24th, GeLongHui reported that cngr advanced material (300919.SZ) stated on the investor interaction platform that the rich oxygen side blowing process is mainly used in the production of the company's high nickel ice, and the process has the advantages of using low nickel point ore and recovering cobalt metal in the wet process, and there are no related environmental issues involved in the wet process. From the perspective of industry development, the production cost (considering cobalt benefit) of the wet process is about $9,500 per ton, while the production cost of the rich oxygen side blowing process is relatively higher. The company will reduce the production cost and effectively improve the product profitability through more process optimization and cost control means in the future.

Gelonghui FinanceJun 24 04:23 ET