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CNGR Advanced Material Investing 28 Million Yuan in Equity Investment Fund; Shares Down 4%
Dongxing: The fundamentals of the lithium battery Industry are expected to stabilize and improve in 2025, with the application of new technologies accelerating.
The continuous improvement of the supply and demand structure in the lithium battery Sector in 2025, along with the ongoing demonstration of various new technologies' industrial application, will be the main driving force behind the Sector's rise.
CNGR Advanced Material Co.,Ltd.'s (SZSE:300919) Last Week's 3.9% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
CNGR Advanced Material (300919.SZ): Accumulated repurchase of 0.36% of shares.
On December 31, Gelonghui reported that CNGR Advanced Material (300919.SZ) announced that as of December 31, 2024, the company had repurchased a total of 3,335,419 shares through a special securities repurchase account via centralized bidding, accounting for approximately 0.36% of the company's existing total share capital. The highest Fill Price was 41.21 yuan/share, the lowest Fill Price was 36.88 yuan/share, and the total transaction amount was 129,990,185 yuan (excluding commission and transfer fees etc.), this repurchase complies with the company's repurchase plan and relevant laws and regulations.
Is CNGR Advanced MaterialLtd (SZSE:300919) A Risky Investment?
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
What Does CNGR Advanced Material Co.,Ltd.'s (SZSE:300919) Share Price Indicate?
