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Three Stars New Materials Completes Liquidation of Investment in Private Equity Fund
Zhejiang Three Stars New Materials (603578.SH): The application for the private placement has been approved by the Shanghai Stock Exchange.
Zhejiang Three Stars New Materials (603578.SH) announced that the company received a notice from the Shanghai Exchange on February 5, 2025...
2024 Annual Results Forecast
Zhejiang Three Stars New Materials (603578.SH): Expected net loss of 36.5 million yuan to -72.5 million yuan in 2024.
On January 17, Gelonghui reported that Zhejiang Three Stars New Materials (603578.SH) announced that 1. According to preliminary calculations by the company's finance department, it is expected that the company's net income attributable to the owners of the parent company for the year 2024 will range from -72.5 million yuan to -36.5 million yuan, indicating a loss compared to the same period last year. 2. The net income attributable to the owners of the parent company after deducting non-recurring gains and losses for the year 2024 is expected to be between -84.8 million yuan and -48.8 million yuan. During the reporting period, the business of glass doors for low-temperature storage equipment continued to develop steadily, maintaining stable profitability; at the same time in 20
Zhejiang Three Stars New Materials (603578.SH): Received distribution payments from the participating Private Equity Fund.
On December 23rd, the Global Network reported that Zhejiang Three Stars New Materials (603578.SH) announced that it recently received the "Distribution Information Disclosure Report of the Paradise Silicon Valley Intelligent Manufacturing No. 1 Private Equity Fund" issued by the fund manager of Paradise Silicon Valley Intelligent Manufacturing No. 1. The fund is distributing the recovered funds from its investment project exit, and the company has received a distribution amount of 41,665,268.88 yuan. Additionally, the fund will distribute a principal amount of 23,832,093.82 yuan to the company on October 21, 2024. The total distributed amount received by the company has reached 65,497,362.70 yuan, as of.
Zhejiang Three Stars New Materials (603578.SH): The main body engineering & construction of A kiln is basically completed, and the ignition and production time will be determined according to industry market conditions.
Gelonghui November 5th | Zhejiang Three Stars New Materials (603578.SH) stated on the interactive platform that its controlling subsidiary China Best Jintai (Shandong) New Materials Technology Co., Ltd. is investing in the construction of the "4×1200 tons/day photovoltaic glass, with an annual output of 5 million tons of high-purity silicon-based new materials purification project", which is divided into two phases. Phase one of the project includes two kilns for photovoltaic glass, A and B. B kiln was ignited for trial production in August 2024, and sales revenue had been generated within the third quarter of 2024; the main body construction of A kiln is basically completed, and the ignition and start of production will be determined based on industry market conditions.
Why Investors Shouldn't Be Surprised By Zhejiang Three Stars New Materials Co., Ltd.'s (SHSE:603578) 27% Share Price Plunge
