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Insufficient Growth At Shandong Boyuan Pharmaceutical & Chemical Co., Ltd. (SZSE:301617) Hampers Share Price
Boyuan Co., Ltd. (301617.SZ): Plans to absorb and merge its wholly-owned subsidiary Weifang Rongyuan.
On March 21, Gelonghui reported that Boyuan Co., Ltd. (301617.SZ) announced plans to optimize the company's management structure, consolidate resources, and improve Operation efficiency by legally merging its wholly-owned subsidiary, Weifang Rongyuan. After the merger is completed, Weifang Rongyuan's independent legal entity status will be canceled, and all its Assets, debts, and other rights and obligations will be legally inherited by the company.
Boyuan Co., Ltd. (301617.SZ) plans to acquire 100% equity of Weifang Rongyuan.
On February 7, Gelonghui reported that Boyuan Co., Ltd. (301617.SZ) announced the company's factory premises are adjacent to Weifang Rongyuan New Materials Co., Ltd. (referred to as "Weifang Rongyuan" or "symbol"). The company is planning to establish a technology research and development center project to enhance its innovation capabilities, considering the proximity of the project construction site for convenient unified management of the factory premises and to reduce investment costs in public supporting facilities. It intends to use its own funds of 12.5 million yuan to acquire Weifang Rongyuan held by ShanDong Yuanhua Xinda Investment Co., Ltd. (referred to as "Yuanhua Xinda") and ShanDong Shuoshuo Investment Co., Ltd. (referred to as "Shuoshuo Investment").
Boyuan Co., Ltd. (301617.SZ) plans to distribute 3 yuan for every 10 shares as part of the profit distribution for the first three quarters.
Boyuan Co., Ltd. (301617.SZ) announced that the Board of Directors has proposed the following profit distribution plan: based on the company's directors...
Boyuan Co., Ltd. (301617.SZ): Some of the company's catalyst products are used in the production of silicone product coupling agents and liquid adhesives.
On December 17, Gelonghui reported that Boyuan Co., Ltd. (301617.SZ) stated on the investor interaction platform that some of its catalyst products are used in the production of silicone product coupling agents and liquid adhesives. This part of the products currently accounts for a small proportion of the revenue.
Boyuan Co., Ltd. (301617.SZ): The company's food-grade potassium iodate products are used in the production of iodized salt.
Gelonghui, December 17丨Boyuan Co., Ltd. (301617.SZ) stated on the investor interaction platform that the company's food-grade potassium iodate products are used in the production of iodized salt.
