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Further Weakness as Jiangsu Sanfame Polyester MaterialLtd (SHSE:600370) Drops 7.9% This Week, Taking Five-year Losses to 55%
Jiangsu Sanfame Polyester Material (600370.SH): Has accumulated repurchased 0.73% of shares.
Jiangsu Sanfame Polyester Material (600370.SH) announced that as of July 31, 2024, the company has cumulatively repurchased 28,580,000 shares through centralized bidding trading, and the repurchased shares account for 0.73% of the company's current total share capital. The highest repurchase price was 1.45 yuan/share, the lowest price was 1.17 yuan/share, and the total amount paid was RMB 37,939,852.00 (excluding transaction commissions and other transaction costs), which has reached the lower limit of the total repurchase amount in the repurchase plan.
Jiangsu Sanfame Polyester Material (600370.SH) is engaged in the business of electrical utilities through its subsidiary Jiangyin Xinyuan Thermal Power, mainly using coal for power generation.
Sanfame Polyester Material (600370.SH) stated on the investor interaction platform that its subsidiary, Jiangyin Xinyuan Thermal Power Co., Ltd., is engaged in electrical utilities business and mainly uses coal for power generation.
Jiangsu Sanfame Polyester Material (600370.SH): Currently, the company has already implemented automation equipment in some of its production processes.
Jiangsu Sanfame Polyester Material stated on the investor interaction platform on July 25 that the company actively focuses on and promotes the application of AI in the company's production process. Currently, some of the company's process steps have used automation equipment to advance automated and intelligent production.
Jiangsu Sanfame Polyester Material (600370.SH): Cumulative repurchase of 0.66% of the shares, involving 34.4374 million yuan.
On July 19, GeLongHui announced that as of July 19, 2024, the company had accumulated a repurchase of 25,630,000 shares through centralized bidding trading. The repurchased shares accounted for 0.66% of the company's current total share capital. The highest and lowest repurchase transaction prices were 1.45 yuan/share and 1.17 yuan/share, respectively. The total amount paid was RMB 34,437,448.00 (excluding transaction fees such as commission), which has reached the lower limit of the total repurchase amount in the repurchase plan. The company will act according to the share repurchase scheme and the subsequent plan.
Jiangsu Sanfame Polyester Material Co., Ltd. announces its half-year performance forecast for 2024.
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