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Hengxing New Material Technology to Invest in a 41 Million Yuan Fund
Hengxing New Materials (603276.SH) plans to invest 15.5 million yuan to establish a fund for investing in synthetic biology and biomanufacturing projects.
Hengxing New Material (603276.SH) announced that, in order to promote the company's sustainable development, it will fully utilize the experience of professional institutions...
Hengxing New Materials (603276.SH): obtained a share buyback loan from financial institutions of no more than 14 million yuan.
On November 29, Gelonghui reported that Hengxing New Materials (603276.SH) announced that it recently received a "Loan Commitment Letter" issued by the Bank of China Wuxi Branch, agreeing to provide the company with a special loan for share buyback, with an amount not exceeding 14 million yuan and a loan term of 1 year.
Hengxing New Material (603276.SH): The company currently does not produce n-propanol, and n-propanol is mainly used as raw material for the company.
On November 25, Glonghui reported that Hengxing New Materials (603276.SH) stated on the interactive platform that the company does not currently produce n-propanol, which is mainly used as a raw material. The company's propionate products are mainly used as liquid additives for electrolyte in lithium batteries, participating in the production of lithium batteries; for other specific details, please refer to the announcement.
Hengxing New Materials (603276.SH): The company's 3-pentanone products have an internationally leading market share.
Gelonghui November 18th丨Hengxing new materials (603276.SH) stated at the performance briefing, (1) In terms of organic ketones, apart from the company domestically, there is currently no large-scale production manufacturer. The company's 3-pentanone product has an internationally leading market share, and methyl isobutyl ketone has also been recognized by the domestic market and the international chemical giant BASF. (2) In terms of organic esters, the company's products are mainly propionic acid propyl ester, butyl acetate, propyl acetate, tributyl glycerol ester, and ethylene glycol diacetate. There are currently no significant competitors abroad forming large-scale production, and the company is a major supplier domestically.
Hengxing New Materials (603276.SH): Shareholders Jinpu Guotiao and Sushang Investment plan to reduce their shareholding by no more than 2.93%.
格隆汇 November 15th | Hengxing New Material (603276.SH) announced that shareholders Jinpu Guodiao and Su Business Investment plan to reduce their holdings by no more than 6,076,495 shares in total through centralized bidding and block trading due to their own funding needs, with a reduction ratio not exceeding 2.93% of the company's total share capital. Specifically, Jinpu Guodiao plans to reduce by no more than 1.00% of the total share capital through centralized bidding or block trading, with a reduction quantity of no more than 2,076,494 shares; Su Business Investment plans to reduce by no more than 1.93% of the total share capital through centralized bidding or block trading.
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