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Here's What To Make Of Suzhou Xianglou New Material's (SZSE:301160) Decelerating Rates Of Return
Xianglou New Materials (301160.SZ): plans to postpone the "annual production of 0.04 million tons of precision high carbon Alloy steel strip project" and the "R&D center construction project".
On December 24, Gelonghui reported that Xianglou New Materials (301160.SZ) held the twenty-third meeting of the third Board of Directors and the twenty-first meeting of the third Supervisory Board on December 23, 2024. They reviewed and passed the proposal regarding the extension of fundraising project timelines, agreeing to adjust the scheduled completion dates for the initial public offering of Stocks funds invested in the "Annual Production of 0.04 Million Tons of Precision High-Carbon Alloy Steel Belt Project" and the "Research and Development Center Construction Project." After the adjustment, the scheduled completion date for the projects is April 30, 2025.
Xianghai New Material (301160.SZ): The company has no relevant products supplied to Siasun Robot&Automation.
On December 16, Gelonghui reported that Xianglou New Material (301160.SZ) stated on the investor interaction platform that the company has no related products supplied to Siasun Robot&Automation.
Suzhou Xianglou New Material Co., Ltd. (SZSE:301160) Held Back By Insufficient Growth Even After Shares Climb 26%
Xianglou New Materials (301160.SZ): No business cooperation with Xiaomi.
On December 9th, Xianglou New Materials (301160.SZ) stated on the investor interaction platform that the company has not engaged in business cooperation with Xiaomi.
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