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Cautious Investors Not Rewarding Jiangxi GETO New Materials Corporation Limited's (SZSE:300986) Performance Completely
Zhite New Materials (300986.SZ) plans to grant 8 million stock options with an exercise price of 8.1 yuan per share.
Zhitex New Materials (300986.SZ) disclosed the stock options incentive plan (draft) for 2024, the company plans to provide incentives...
Zeta New Materials (300986.SZ): Signed a "Global Strategy Cooperation Agreement" with MABANI Company of Saudi Arabia.
On September 13, GeLongHui reported that Zhitexin Material (300986.SZ) recently announced that, based on long-term development strategy considerations, in order to fully leverage MABANI's competitive advantage with the company in the field of construction formwork and its industry chain, and to develop the market in the "Belt and Road" related areas such as Saudi Arabia, the two parties signed a "Strategic Cooperation Agreement" based on the principles of resource sharing, complementary advantages, and win-win cooperation. MABANI is
Geto New Materials Sets Up Saudi Arabian Subsidiary
Zhi Te Xin Cai (300986.SZ): Set up a wholly-owned subsidiary in Saudi Arabia.
On September 12th, Gelonghui announced that in order to further expand overseas markets, meet the needs of the company's global strategy, improve the layout of overseas business, optimize the structure of overseas operations, and enhance the company's product visibility and market share in Arab countries, the company has established a wholly-owned subsidiary in Saudi Arabia with a registered capital of 10 million Saudi Riyals. Its business scope includes the research and development, production, processing, sales, leasing, and related production services of structurally metal products in the equipment manufacturing industry.
Zhite New Materials (300986.SZ): Cumulatively repurchased 1.1449% of shares.
On September 2, Ge Longhui announced that as of August 31, 2024, the company has repurchased a total of 2,820,700 shares of the company's stock through a repurchase special securities account in the form of centralized bidding trading, accounting for 1.1449% of the total share capital of the company. The highest fill price was 7.99 yuan/share, and the lowest fill price was 6.40 yuan/share. The total transaction amount was 19,301,344.78 yuan (excluding transaction costs). This repurchase is in compliance with the company's established share repurchase plan and relevant laws and regulations.
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