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Xinhang New Materials (301076.SZ): Some fundraising investment projects are proposed to be delayed.
On December 13, Glonghui reported that Xinhang New Materials (301076.SZ) announced that the company will hold the second meeting of the fourth Board of Directors and the second meeting of the fourth Supervisory Board on December 13, 2024, to review and approve the "Proposal on Delaying Certain Fundraising Investment Projects," agreeing based on the principle of prudence, combined with the actual progress of current fundraising investment projects, to extend the completion time of the fundraising investment projects "Annual Production of 8,000 Tons of Aromatic Ketones and Its Supporting Project" (specifically, the third workshop of the second phase project) and "Establishment of R&D Center" from December 31, 2024, to December 31, 2025. This delay has not.
Capital Allocation Trends At Sino-High (China) (SZSE:301076) Aren't Ideal
Xinhan New Material (301076.SZ): Based on the unit product usage, the future market demand for HDO is greater than HAP.
On November 22, Gelonghui reported that Xinhang New Materials (301076.SZ) stated during an investor relations event that the company's HAP products are mainly used in mid to high-end facial creams and masks of well-known brands, and some new cosmetic categories and domestic brands have started to use them. HAP is a new type of composite cosmetic raw material that is safer and more efficient. As consumer awareness and health consciousness increase, it is expected that the brands and types of products using HAP will gradually increase. The company's HDO (hexylene glycol) products can be directly used as cosmetic raw materials and can combine well with other substances, providing good moisturizing effects.
Xinhan New Materials: Report for the third quarter of 2024
Xinhan New Material (301076.SZ) released its performance for the first three quarters, with a net income of 41.7818 million yuan, a year-on-year decrease of 40.41%.
Xinhanxincai (301076.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
Getting In Cheap On Sino-High (China) Co., Ltd. (SZSE:301076) Might Be Difficult
Market Participants Recognise Sino-High (China) Co., Ltd.'s (SZSE:301076) Earnings
