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Little Excitement Around Hubei Xingfa Chemicals Group Co., Ltd.'s (SHSE:600141) Earnings
Guosen: The apparent Consumer of phosphate rock in December reached a new high, and the price continues to run at a high level.
As of December 31, 2024, the tax-inclusive price of 30% grade phosphate rock in the Hubei market is 1,040 yuan/ton, an increase of 0.97% year-on-year, with no change compared to the previous month. The market price of 30% grade phosphate rock has been running in the High Stock Price Range of 900 yuan/ton for over 2 years.
Hubei Xingfa Chemicals Group (600141.SH): plans to invest in the construction of a 0.1 million tons/year industrial silicon project.
On December 30, Gelonghui reported that Hubei Xingfa Chemicals Group (600141.SH) announced that the sixth meeting of the 11th Board of Directors reviewed and approved the proposal for the investment in the construction of a 0.1 million tons/year industrial silicon project by Inner Mongolia Xingfa Technology Co., Ltd. It was agreed that the wholly-owned subsidiary, Inner Mongolia Xingfa Technology Co., Ltd. (referred to as "Inner Mongolia Xingfa"), would invest 1.495 billion yuan to build the 0.1 million tons/year industrial silicon project. The construction includes a 0.1 million tons/year industrial silicon production facility, which consists of 6 electric furnaces, raw material system, waste heat power generation, dust removal Eco-friendly Concept, desulfurization and denitrification, a 220KV substation, along with supporting warehousing systems, water systems, and other public auxiliary facilities.
Individual Investors Account for 50% of Hubei Xingfa Chemicals Group Co., Ltd.'s (SHSE:600141) Ownership, While Private Companies Account for 35%
Is Hubei Xingfa Chemicals Group Co., Ltd.'s (SHSE:600141) Latest Stock Performance A Reflection Of Its Financial Health?
hubei xingfa chemicals group (600141.SH): The company has now built a 100-kilogram scale black phosphorus amplification test device.
Gelonghui November 4th | Hubei Xingfa Chemicals Group (600141.SH) stated at the performance briefing that the company has now completed a 100-kilogram-scale black phosphorus amplification test facility and has the capacity to produce 100 kilograms in a single production run. Black phosphorus series products have been supplied to enterprises and research institutes in the fields of lithium battery anode materials, catalysts, etc. The sales revenue is expected to exceed 200,000 yuan in 2023 and is projected to reach 0.4 million yuan in 2024. In the future, the company will continue to focus on reducing the production cost of black phosphorus, improving product quality, and strengthening cooperation with relevant parties to accelerate the commercialization process of black phosphorus.
Earnings Working Against Hubei Xingfa Chemicals Group Co., Ltd.'s (SHSE:600141) Share Price
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