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Lushan New Material (603051.SH): Some fundraising projects are delayed.
On December 24, Gelonghui reported that Lushang New Materials (603051.SH) announced that on December 23, 2024, the fifth Board of Directors held its twenty-third meeting and the fifth Supervisory Board held its nineteenth meeting, respectively reviewing and passing the proposal on the postponement of some fundraising projects. It was agreed to extend the completion time of the initial public offering Stocks fundraising project "R&D Center Construction Project" from December 2024 to June 2026, and the public issuance of convertible Bonds fundraising project "CECEP Solar Energy Battery Packaging Film Expansion Project" from March 2025 to June 2026.
Lushan New Materials (603051.SH): The developed silicon-carbon negative electrode functional bonding material is currently undergoing testing and verification on the client side.
On November 22, GeLonghui reported that Lushang New Materials (603051.SH) stated on the investor interaction platform that the silicon-carbon negative electrode functional adhesive material (PAA) developed by the company is currently undergoing testing and verification at the client site. According to the company's previously disclosed periodic report, there is close cooperation with BYD in the cecep solar energy battery packaging adhesive film. The specifics of the new business sector cannot be disclosed at this time due to confidentiality agreements signed with major clients. For detailed business information, please refer to the company's latest periodic report and relevant announcements.
Lu Shan New Materials (603051.SH): so far, there has not been any official supply to Huawei.
On November 22, Glonghui reported that Lushang New Materials (603051.SH) stated on the investor interaction platform that PAA materials can effectively suppress and solve the expansion effect of silicon-based anodes, significantly improving the cycle life of silicon-carbon anodes. Currently, efforts are being accelerated for testing and implementation with large enterprises, and so far, there has not been any formal supply to Huawei.
Lushan New Materials (603051.SH): The company's OCA optical adhesive film products are now being supplied in bulk.
Glonghui reported on November 22 that Lushan New Materials (603051.SH) stated on the investor interaction platform that in 2024, the company will focus on the operation principle of "practicing internal strength, stabilizing development, and increasing profit," concentrating on its core business and operating steadily. The company aims to continuously optimize its business structure, reduce costs, and enhance product gross profit. At the same time, the company strictly controls accounts receivable and the collection cycle to ensure the safety of its accounts receivable. After the company's unremitting efforts, by the end of the third quarter of 2024, the net income attributable to shareholders of the listed company reached 31.0531 million yuan, a year-on-year increase of 148.31%; the operating activities generated.
There Are Some Reasons To Suggest That Guangzhou Lushan New Materials' (SHSE:603051) Earnings Are A Poor Reflection Of Profitability
Guangzhou Lushan New Materials Co., Ltd. Report for the Third Quarter of 2024
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