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Does Zhejiang Wansheng (SHSE:603010) Have A Healthy Balance Sheet?
Zhejiang Wansheng to Expand Impact Modifier Plant for 162 Million Yuan
Wansheng's Unit to Build New Materials Factory for 215 Million Yuan
Zhejiang Wansheng Co., Ltd. (SHSE:603010) Investors Are Less Pessimistic Than Expected
Zhejiang Wansheng (603010.SH): A subsidiary plans to invest no more than 0.16213 billion yuan to construct a project for the annual production of 0.025 million tons of impact-resistant modifiers.
On February 12, Gelonghui reported that Zhejiang Wansheng (603010.SH) announced plans to further solidify its core business, expand its layout of high value-added product business, maintain and increase market share of core products of its subsidiaries, and enhance the company's sustainable development capability. The company's controlling subsidiary, Entropy Innovation Materials (Zhuhai) Co., Ltd., intends to invest in the expansion of an annual production project of 0.025 million tons of impact-resistant modified agents in Zhuhai, Guangdong. The estimated total investment for this project will not exceed 0.16213 billion yuan (final amount will be based on actual investment).
Zhejiang Wansheng Co., Ltd.'s (SHSE:603010) Last Week's 6.2% Decline Must Have Disappointed Retail Investors Who Have a Significant Stake