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Why Investors Shouldn't Be Surprised By Hunan Hengguang Technology Co., Ltd.'s (SZSE:301118) Low P/S
Hengguang Co., Ltd. (301118.SZ): currently does not have the capacity to produce solid state batteries for hydrogen sulfide.
On November 28, Glory Exchange reported that Hengguang Co., Ltd. (301118.SZ) stated on the investor interaction platform that the company has a wide variety of products with a broad range of applications, and specific details and uses can be found in the company's disclosed periodic reports. The company currently does not have the capability to produce solid state batteries for hydrogen sulfide.
Hengguang Co., Ltd. (301118.SZ): There are no sulfur iron ore resources in Laos.
Gelonghui, November 28th, Hengguang Co., Ltd. (301118.SZ) stated on the investor interaction platform that the company does not have pyrite resources in Laos.
Hengguang Co., Ltd. (301118.SZ): The current production capacity of sulfanilic acid is 0.05 million tons/year and the pyrite acid production capacity is 0.38 million tons/year.
On November 20, Glonghui reported that Hengguang Co., Ltd. (301118.SZ) stated on the investor interaction platform that the company currently has an amino sulfonic acid production capacity of 0.05 million tons per year and a sulfur iron ore acid production capacity of 0.38 million tons per year.
Hengguang Shares (301118.SZ) 52.065 million shares of restricted shares will be listed for circulation on November 18th.
Hengguang Co., Ltd. (301118.SZ) announced that the number of shares released before the initial public offering of the company has been lifted...
Hengguang Co., Ltd.: Report for the third quarter of 2024
More Unpleasant Surprises Could Be In Store For Hunan Hengguang Technology Co., Ltd.'s (SZSE:301118) Shares After Tumbling 30%
