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Hubei Xingfa Chemicals to Pay 2.8 Billion Yuan Convertible Bond Interest
Hubei Xingfa Chemicals Group (600141.SH): The sales price of supplied glyphosate raw materials and series of formulated products will be increased with an adjustment range of 5% to 15%.
On September 10th, Hubei Xingfa Chemicals Group (600141.SH) stated on the interactive platform that due to the continuous increase in the prices of bulk raw materials, the production cost of glyphosate has significantly increased. In order to ensure the healthy development of the glyphosate business and provide excellent product services to customers, the company issued a price adjustment notice to customers and partners on September 1st, announcing that starting from September 10th, the selling prices of glyphosate raw materials and related formulations supplied by the company will be increased by 5% to 15%.
Hubei Xingfa Chemicals Group (600141.SH): The company has currently achieved stable preparation of 50-kilogram scale black phosphorus crystals.
Hubei Xingfa Chemicals Group (600141.SH) stated on the interactive platform on September 10 that the company has achieved stable preparation of 50-kilogram-level black phosphorus crystals and has built a 100-kilogram-level black phosphorus amplification experimental device. The company has made positive progress in the application of precious metal catalysts and is actively researching the application of black phosphorus in new energy and pharmaceutical industries. The company has always maintained an open and cooperative attitude, continuously connecting with downstream application enterprises. Currently, the focus is on promoting research-level products, including the procurement of black phosphorus products by research institutes and various companies in the communication industry for the development of various new materials.
Is Hubei Xingfa Chemicals Group (SHSE:600141) A Risky Investment?
Hubei Xingfa Chemicals' H1 Profit Jumps 30%, Revenue Slips 2%
Hubei Xingfa Chemicals Group Co., Ltd. 2024 Interim Report
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