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Jiang Su Suyan Jingshen Co.,Ltd (SHSE:603299) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jiang Su Suyan Jingshen to Invest 1 9 Billion Yuan in Gas Storage Brine Salt Production
Jiang su suyan jingshen (603299.SH): plans to invest in the construction of a salt-making project using storage cavern brine comprehensive utilization engineering.
On December 3, Gelonghui reported that jiang su suyan jingshen (603299.SH) announced plans to strengthen, optimize, and expand its main salt and salt chemical business, accelerate the construction of a new "salt + energy storage" industrial pattern, promote high-quality development of the enterprise to lead the industry, and create a national model of high-quality development in the salt industry. The company intends to invest 1,889.12 million yuan to build a comprehensive utilization project for brine salt production and gas storage. The construction scale and product scheme: The brine salt production project consists of a brine purification project and a salt-making project, with a construction scale of 3 million tons/year of solid salt and 1.5 million cubic meters/year of liquid salt.
jiang su suyan jingshen (603299.SH): has completed the research and development and pilot production of sodium-ion batteries grade soda products.
On November 26, GridLive reported that Jiangsu Suyan Jingshen (603299.SH) stated on the investor interaction platform that the company has completed the research and pilot production of sodium-ion battery-grade caustic soda products in recent years through technological innovation and equipment upgrades. All indicators have met the technical requirements of battery manufacturers and have the capacity for mass production. The company will actively respond to the continuous progress of new energy battery technology in China and strive to make sodium-ion battery-grade caustic soda products superior, creating more high value-added products for the company.
Jiang Su Suyan Jingshen (603299.SH): Ruida Company's new packaging project is expected to be completed by the end of December.
Gelonghui reported on November 22 that Jiang Su Suyan Jingshen (603299.SH) stated at the performance briefing that the new packaging project of Ruida Company is expected to be completed by the end of December. This year, the company applied for the Jiangsu Provincial Department of Technology's frontier basic technology research project—key technology research and development for large-scale hydrogen storage in salt caverns, jointly applied by the company in collaboration with Nanjing University, the Institute of Rock and Soil of the Chinese Academy of Sciences, China University of Mining and Technology, and the Provincial Safety Science Institute, among others. On-site verification has been passed, and the project has entered the public announcement period. The next step will be to utilize the existing salt cavern conditions of the company to evaluate and select target salt wells for the salt cavern hydrogen storage engineering test.
Jiang Su Suyan Jingshen (603299.SH) has been designated by Zhengzhou Commodity Exchange as the soda ash delivery warehouse.
Jiang Su Suyan Jingshen (603299.SH) announced that the Zhengzhou Commodity Exchange issued a notice on November 11, 2024...
Jiang Su Suyan JingshenLtd's (SHSE:603299) Returns On Capital Not Reflecting Well On The Business