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Jiangsu Sanfame Polyester MaterialLtd (SHSE:600370) Has Debt But No Earnings; Should You Worry?
Jiangsu Sanfame Polyester Material (600370.SH): The company did not implement a share repurchase in February.
Gelonghui reported on March 3 that Jiangsu Sanfame Polyester Material (600370.SH) announced that as of February 2025, the company has not implemented a share buyback. As of February 28, 2025, the company has cumulatively repurchased 29,760,000 shares through centralized bidding, accounting for 0.76% of the company's current total share capital, with a maximum repurchase price of 1.45 yuan/share, a minimum price of 1.17 yuan/share, and a total amount paid of 39,371,952.00 yuan (excluding transaction commissions and other trading fees).
Jiangsu Sanfame Polyester Material (600370.SH): Bottle-grade polyester chips are widely used in packaging materials for soft drinks, edible oils, and Condiment.
On February 24, Gelonghui reported that Jiangsu Sanfame Polyester Material (600370.SH) stated on the investor interaction platform that the company's bottle-grade polyester chips are widely used in the packaging material fields for soft drinks, cooking oils, and Condiments. Bottle-grade polyester chips can be further processed into sheets and other materials, expanding applications to a broader range of fields.
Jiangsu Sanfame Polyester Material (600370.SH): does not produce MEG.
Gelonghui reported on February 24 that Jiangsu Sanfame Polyester Material (600370.SH) stated on the investor interaction platform that the company does not produce MEG in-house.
Jiangsu Sanfame Polyester Material (600370.SH): The PBT engineering plastics are widely used in various industrial fields.
On February 24, Gelonghui reported that Jiangsu Sanfame Polyester Material (600370.SH) stated on the investor interaction platform that the company's PBT engineering plastics are widely used in various industrial sectors, including electronics, Autos, communications, home appliances, and Transportation.
Jiangsu Sanfame Polyester Material (600370.SH): has accumulated a repurchase of 0.76% of shares.
Gelonghui, February 5th丨Jiangsu Sanfame Polyester Material (600370.SH) announced that as of January 31, 2025, the company has cumulatively repurchased a total of 29,760,000 shares through centralized bidding Trade, representing 0.76% 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 a total amount of 39,371,952.00 yuan (excluding transaction commissions and other transaction costs) has been paid.
Jiangsu Sanfame Polyester MaterialLtd's (SHSE:600370) Three-year Decline in Earnings Translates Into Losses for Shareholders
