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Shareholders 32% Loss in Tangshan Sanyou Chemical IndustriesLtd (SHSE:600409) Partly Attributable to the Company's Decline in Earnings Over Past Three Years
Tangshan Sanyou Chemical Industries Subsidiary Seeks to Raise Up to 200 Million Yuan
Tangshan Sanyou Chemical Industries (600409.SH): The controlling subsidiary plans to increase capital and introduce investors.
Gelonghui, February 26 - Tangshan Sanyou Chemical Industries (600409.SH) announced that its holding subsidiary, Tangshan Sanyou Silicon Industry Co., Ltd. (hereinafter referred to as "Sanyou Silicon Industry"), plans to introduce no more than two investors (including two) through the public listing method for a cash increase in capital, aiming to raise a total amount of no more than 200 million yuan (including this amount). The original shareholders of Sanyou Silicon Industry, namely the company and Tangshan Sanyou Chlor-Alkali Co., Ltd. (hereinafter referred to as "Sanyou Chlor-Alkali"), will not participate in this capital increase. The introduction of external investors in this capital increase will optimize its equity structure, enhance marketization, and facilitate the gathering of external resources.
Tangshan Sanyou Chemical Industries (600409.SH): Main products have not yet been used in robot-related fields.
Gelonghui, February 21丨Tangshan Sanyou Chemical Industries (600409.SH) stated on the investor interactive platform that the company's main products have not yet been used in the field of Siasun Robot&Automation.
China Merchants: Silicon price is rising from the bottom, and the industry outlook is expected to improve.
With the end of the organic silicon Industry expansion cycle, the market competition pattern is stabilizing, and the demand in both domestic and international markets is strong. The supply-demand relationship in the Industry is expected to improve in the medium to long term, and the prosperity level is likely to continue to rise.
Be Wary Of Tangshan Sanyou Chemical IndustriesLtd (SHSE:600409) And Its Returns On Capital
Earnings Growth of 8.4% Over 3 Years Hasn't Been Enough to Translate Into Positive Returns for Tangshan Sanyou Chemical IndustriesLtd (SHSE:600409) Shareholders
