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There's Reason For Concern Over Jiangsu Ruitai New Energy Materials Co., Ltd.'s (SZSE:301238) Massive 32% Price Jump
We Think That There Are More Issues For Jiangsu Ruitai New Energy Materials (SZSE:301238) Than Just Sluggish Earnings
Ruite New Material (301238.SZ): The main products include lithium-ion battery electrolyte, lithium-ion battery electrolyte additives, supercapacitor products, silane coupling agents, etc.
Gelonghui, September 4th, Ruithai New Materials (301238.SZ) stated on the investor interaction platform that the company's main products include lithium-ion battery electrolyte, lithium-ion battery electrolyte additives, supercapacitors, silane coupling agents, etc. The company has been continuously researching and accumulating in new battery materials such as solid-state batteries and semi-solid-state batteries. Lithium bis(trifluoromethanesulfonyl)imide (LiTFSI) is one of our important new lithium salt products, and currently, this product has formed batch sales in new batteries such as solid-state lithium-ion batteries.
Ruidaixinceng (301238.SZ): Lithium battery materials can be used in lithium-ion batteries for electric bicycles.
Gelonghui September 4 | Rutai New Materials (301238.SZ) stated on the investor interaction platform that the company's lithium battery materials can be used in lithium-ion batteries for electric bicycles. Recently, the Ministry of Commerce and other five departments jointly issued the "Implementation Plan for Promoting the Replacement of Old Electric Bicycles with New Ones", which is expected to increase the market demand for lithium-ion batteries and promote the use of compliant and safe products, which will have a positive impact on high-quality enterprises in the lithium battery industry chain.
A-share midday announcement collection
Canature health technology: the company will change the source of the "Canature Convertible Bonds" from "newly added shares" to "prior use of repurchased shares, with any shortfall made up with newly added shares for conversion". The current conversion price is 5.47 yuan per share, and the conversion period is from January 26, 2024 to July 19, 2029. The effective date of repurchased shares as a source of conversion is September 4, 2024.
Ruitai New Materials: 2024 Semi-Annual Report
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