301395 Renxin New Material
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Renxin New Material News
Renxin New Materials (301395.SZ): The first buyback of 120,000 shares on January 2.
On January 3, Gelonghui reported that Renxin New Materials (301395.SZ) announced that as of December 31, 2024, the company has not yet implemented this share repurchase. On January 2, 2025, the company conducted its first repurchase through a designated securities account for share repurchases via a centralized bidding Trade, with a total repurchase quantity of 0.12 million shares, accounting for 0.0591% of the company's total equity. The highest Fill Price was 11.19 yuan/share, the lowest Fill Price was 10.79 yuan/share, and the total amount of the transaction was 1.3254 million yuan (excluding transaction fees).
Overview of the restricted sales release of A-shares | January 3rd.
According to Zhito Finance APP, on January 3rd, 5 listed companies had their restricted shares unlocked, with a total market value of approximately 4.061 billion yuan. The specific situation of today's restricted share unlocking is as follows: Stock Abbreviation Stock Code Restricted Share Type Unlocked Share Quantity Shenzhen Fuanna Bedding and Furnishing 002327 Stock-based Incentive 2.88 million JianKe Co., Ltd. 301115 Stock-based Incentive 1.4844 million Nanjing OLO Home Furnishing 603326 Stock-based Incentive 0.2258 million Renxin New Materials 301395 Extended Restricted Lock-up Period 4.65 million Airo Energy 68871750.190200001 million
Renxin New Materials (301395.SZ): 6.51 million shares of the pre-IPO issued shares will be released from the lock-up on January 3.
Gelonghui, on December 31, announces that Renxin New Materials (301395.SZ) has released a notice regarding the listing and circulation of some shares issued prior to its initial public offering. The shares being released from restriction are those issued before the company's initial public offering, totaling 6.51 million shares, which accounts for 3.2087% of the company's total equity. There are 3 shareholders involved in this release, and the restriction period is set for 18 months (12 months from the date the company's stocks are initially offered and listed, plus an automatic extension of the lock-up period by 6 months due to the closing price of the company's stocks being below the issue price for 20 consecutive trading days within the first 6 months post-IPO).
Rixin New Materials (301395.SZ): Re-signed the Share Buyback loan contract with Financial Institutions and adjusted the special loan amount and term.
On December 26, Gelonghui reported that Renxin New Materials (301395.SZ) announced the receipt of a "Loan Commitment Letter" from the Huizhou Branch of the Industrial And Commercial Bank Of China. According to the requirements of the commitment letter, the company re-signed the share buyback loan agreement with the authorized branch of the Huizhou Branch of the Industrial And Commercial Bank Of China, adjusting the special loan limit for the share buyback from 49 million yuan to 63 million yuan, changing the proportion of the buyback funds from 70% to 90%, and extending the loan term from 12 months to 36 months.
Renxin New Material to Set Up Two Subsidiaries for 105 Million Yuan
Renxin New Materials (301395.SZ): Plans to establish two wholly-owned subsidiaries.
Gelonghui November 21st丨Renxin New Materials (301395.SZ) announced that, based on the company's global strategy needs, the company plans to use its own funds of 100 million yuan and 5 million yuan to invest in establishing two wholly-owned subsidiaries, "Huizhou Renxin Technology Development Co., Ltd." and "Huizhou Zhuowei Trading Co., Ltd."
Renxinxincai (301395.SZ): Intends to spend 35 million yuan to -70 million yuan to repurchase shares.
Gelonghui November 7th 丨 Renxin New Material (301395.SZ) announced that the company plans to use part of the proceeds from the initial public offering of RMB ordinary shares and self-raised funds to repurchase company shares in the secondary market for implementing employee shareholding plans or stock-based incentives. The total amount of funds for repurchasing shares shall not be less than RMB 35 million (inclusive), and shall not exceed RMB 70 million (inclusive); the price range for repurchasing shares shall not exceed RMB 17.16 per share. In order to further enhance the company's fund utilization efficiency, fully utilize the national support policies for listed companies to repurchase stocks, as of the date of this announcement disclosure, the company
Solid Earnings May Not Tell The Whole Story For Renxin New MaterialLtd (SZSE:301395)
Renxin New Materials: Report for the third quarter of 2024
Renxin New Material (301395.SZ) released its performance for the first three quarters, with a net income of 32.9911 million yuan, an increase of 25.13%.
Renxin New Material (301395.SZ) released the third quarter report of 2024, with the company's revenue in the first three quarters reaching 1...
Renxinxincai (301395.SZ): The net income for the first three quarters was 32.9911 million yuan, a year-on-year increase of 25.13%.
Geelonghui on October 29th: Renxin New Materials (301395.SZ) released the third quarter report for 2024, with the company achieving revenue of 1.567 billion yuan in the first three quarters, a year-on-year increase of 4.96%; net income attributable to shareholders of the listed company was 32.9911 million yuan, a year-on-year increase of 25.13%; net income excluding non-recurring gains and losses attributable to shareholders of the listed company was 22.1731 million yuan, a year-on-year increase of 4.08%; and basic earnings per share was 0.1626 yuan.
Some Investors May Be Worried About Renxin New MaterialLtd's (SZSE:301395) Returns On Capital
Renxin New Material (301395.SZ): After the completion of the construction in late 2024, the estimated annual production capacity of 0.18 million tons for the next three phases will exceed 0.48 million tons.
On September 12, 2024, Renxin New Materials (301395.SZ) conducted an investor survey. When asked about the current production capacity and industry position of the company, the company stated that it has a production capacity of 0.3 million tons per year for polystyrene series products, making it the second largest polystyrene high molecular weight new material production company in the southern region and sixth in the country. After the completion of the planned three phases, which is estimated to be completed by the end of 2024, the company's total recorded capacity will exceed 0.48 million tons. Taking into account the operational flexibility of the equipment, the company will have a maximum annual production capacity of 0.56 million tons.
Renxin New Material (301395.SZ): After the production of the third phase project, it will focus on promoting GPPS special materials with diffusion plates, light guide plates, refrigerator internal parts, etc. as the core.
Renxin New Material (301395.SZ) conducted an investor research on September 12, 2024, regarding the company's Phase III project. When asked to provide specific details about the project, the company stated that the Phase III project is a crucial step in increasing production capacity and expanding market influence in the polystyrene industry. Upon completion, the company will become a representative enterprise with relatively leading capacity and excellent quality in the industry. After the Phase III project is put into operation, the company will focus on promoting GPPS special materials, such as diffusion plates, light guide plates, refrigerator components, as well as refrigerator inner liner sheets and high-gloss shells.
Renxin New Materials (301395.SZ): Currently, the downstream application areas are mainly daily packaging, optical displays, optical lighting, and refrigerator components.
On September 12th, Gelonghui reported that Renxin New Materials (301395.SZ) conducted an investor survey on September 12, 2024, regarding 'which industries are the company's current products mainly applied to, and whether they involve some emerging fields?' The company stated that the current downstream application areas of the company are mostly daily packaging, optical display, optical lighting, and refrigerator interior components. In recent years, with the development of industry technology, emerging PS applications represented by thin film carriers, high-gloss sheet materials, and fiberglass-reinforced composite materials have begun to flourish, with applications in optical precision instruments and devices, electronic components, medical testing equipment, and the automotive industry.
Renxin New Material (301395.SZ): Sales of high-gloss HIPS special materials to downstream customers have already started in the second half of the year.
On September 12th, Genentech (301395.SZ) stated in an investor relations activity that the company has begun selling HIPS special high-gloss products to downstream customers in the second half of 2024, and multiple test indicators of this product have reached the first-tier level in the industry.
Renxin New Materials (301395.SZ) has the production capacity of producing 0.3 million tons of polystyrene products per year.
Renxin New Material (301395.SZ) stated on the investor interaction platform on September 6 that the company has an annual production capacity of 0.3 million tons of polystyrene series products. It is the second largest polystyrene polymer new material production enterprise in South China and the sixth largest in the country. The products are used in the field of food packaging, and the company will continue to pay attention to industry trends and give back to society with better products.
Renxin New Materials: 2024 Semi-Annual Report
Renxin New Materials: 2024 Semi-Annual Report Summary
Renxin New Material (301395.SZ) released its performance for the first half of the year, with a net income of 23.2274 million yuan, a growth of 0.25%.
Renxin New Materials (301395.SZ) released its 2024 interim report, with revenue of 10.34 billion yuan...
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