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Lanzhou LS Heavy Equipment (SHSE:603169) Grows 7.7% This Week, Taking Five-year Gains to 32%
Lanzhou LS Heavy Equipment co. (603169.SH): A subsidiary has jointly established a joint venture with Jinchuan Nickel Alloy and Lanzhou Group to invest in a production line for advanced nickel-based alloy materials, with an annual output of 0.01 million t
On March 20, Gelonghui reported that Lanzhou LS Heavy Equipment co. (603169.SH) announced that in order to seize the opportunities in the high-end Metal materials market, cultivate and develop new quality productivity, expand the company's Industry Chain towards high value-added segments, enhance the company's core competitiveness, while implementing the Gansu province's "strengthen industry, strengthen Technology" action plan, the wholly-owned subsidiary Lanzhou Super Alloy will sign a "Joint Venture Agreement" on March 20, 2025, with its related party Lanzhou Group and partner Jinchuan Nickel Alloy. Based on the principles of "equality and mutual benefit, consensus through consultation, fair compensation, and common development," they intend to use market mechanisms to jointly invest 0.27 billion yuan in Lanzhou.
Lanzhou LS Heavy Equipment co. (603169.SH): Approved to establish a national-level post-doctoral research workstation.
On March 7, Gelonghui reported that Lanzhou LS Heavy Equipment co. (603169.SH) announced that it recently received a notice from the Gansu Provincial Department of Human Resources and Social Security regarding the work related to the establishment of new postdoctoral research stations in 2024. The company has been approved to establish a national postdoctoral research station and to carry out postdoctoral recruitment and training work. The approval for the establishment of the postdoctoral research station is a result of the company's persistent focus on technological innovation and emphasis on research and development. Since its establishment, the company has participated in the formulation and revision of multiple national, industry, and group standards, and has accumulated a total of 410 patents in various categories, including invention patents, utility model patents, and design patents.
Lanzhou LS Heavy Equipment co. (603169.SH): Won the bid for 0.137 billion yuan for the Zhuozheng Methanol project & Methanol Acetic Acid Extension project & New Materials project.
Gelonghui, January 13th | Lanzhou LS Heavy Equipment co. (603169.SH) announced that the company recently received a "Notice of Winning Bid" from Peking Petrochemical Engineering Co., Ltd., regarding the annual production of 1.2 million tons of coal-to-Methanol optimization change to an annual production of 1 million tons of coal-to-Methanol project, Methanol Acetic Acid extension optimization deep processing and comprehensive utilization production of high-end Chemicals and New Materials project, and the New Materials project 0.6 million tons/year ethanol plant (hereinafter referred to as "Zhuozheng Methanol Project & Methanol Acetic Acid Extension Project & New Materials Project") won the bid for 4 carbonylation reactors, with a winning price of 0.137 billion yuan.
Here's Why Lanzhou LS Heavy Equipment (SHSE:603169) Has A Meaningful Debt Burden
Lanzhou LS Heavy Equipment co. (603169.SH): has obtained supplier qualifications from more than 40 Nuclear Power owner units such as China National Nuclear Corporation and China General Nuclear Power Group.
On December 18, Gelonghui reported that Lanzhou LS Heavy Equipment co. (603169.SH) stated on the investor interaction platform that the company's nuclear energy products cover the entire Industry Chain of nuclear energy equipment from upstream nuclear fuel field equipment, midstream nuclear power plant equipment, to downstream nuclear spent fuel recycling and Eco-friendly Concept equipment, and has obtained supplier qualifications from more than 40 nuclear power owner units such as China National Nuclear Corporation and China General Nuclear Power Corporation. The company will continue to accelerate the pace of technological innovation in nuclear energy equipment, actively expand product categories, maintenance and repair, integration and other Business, and build a nuclear energy industry development platform that integrates 'marketing + research and development + service.'
What You Can Learn From Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) P/EAfter Its 28% Share Price Crash
