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Xinfengming Group (603225.SH): A subsidiary plans to establish Jiangsu Xinnoyuan.
Gelonghui February 19丨Xinfengming Group (603225.SH) announced that, due to future development plans, its wholly-owned subsidiary Jiangsu Xintuo New Materials Co., Ltd. (referred to as "Jiangsu Xintuo") will invest to establish Jiangsu Xinno Source Eco-friendly Technology Co., Ltd. (referred to as "Jiangsu Xinno Source"). Jiangsu Xintuo intends to use its own funds to invest 100 million yuan, accounting for 100% of Jiangsu Xinno Source's equity.
Xinfengming Group (603225.SH): Gongqingcheng Shengbang will no longer be a shareholder with more than 5% ownership in the company.
Gelonghui, February 17 - Xinfengming Group (603225.SH) announced that on February 17, 2025, the company received a "Simplified Report on Changes in Equity" from the shareholder Qiongqiang Chengsheng. During the period from January 17, 2025, to February 17, 2025, a total of 6,524,362 shares were sold, accounting for 0.43% of the company's total share capital. After this change in equity, the number of shares held by Qiongqiang Chengsheng decreased from 82,762,578 shares to 76,238,216 shares, and the holding ratio decreased from 5.43% to 5.00%. Qiongqiang Chengsheng
With 35% Ownership, Xinfengming Group Co., Ltd. (SHSE:603225) Insiders Have a Lot at Stake
Xinfengming Group (603225.SH): has actually repurchased 1.57% of the company's shares.
Gelonghui, on February 5, announced that Xinfengming Group (603225.SH) completed its share repurchase on January 30, 2025, having actually repurchased 23,980,100 shares, accounting for 1.57% of the company's total share capital, with a maximum repurchase price of 14.85 yuan/share, a minimum repurchase price of 9.60 yuan/share, and an average repurchase price of 11.62 yuan/share, using a total fund amount of 278.730901 million yuan (excluding commission and transfer fees and other transaction costs).
Sinolink: The expansion cycle of polyester filament production is coming to an end, and the Industry's prosperity is expected to improve.
The supply and demand of domestic polyester filament in 2025-2026 may continue to be tight, which is expected to drive polyester filament prices into an upward cycle.
How Good Is Xinfengming Group Co., Ltd. (SHSE:603225), When It Comes To ROE?