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Risks To Shareholder Returns Are Elevated At These Prices For Jiangsu Pacific Quartz Co., Ltd (SHSE:603688)
Jiangsu Pacific Quartz (603688.SH): The fifth employee stock ownership plan has completed the purchase of stocks in the secondary market.
On January 24, Glorious Finance reported that Jiangsu Pacific Quartz (603688.SH) announced that as of the date of this announcement, the company's fifth employee stock ownership plan has completed the purchase of company stocks. The fifth employee stock ownership plan has cumulatively bought 1,404,550 company stocks through the secondary market via concentrated bidding, accounting for 0.2593% of the company's total share capital, with a total transaction amount of RMB 39,999,273.50 (excluding transaction fees). The lock-up period for this employee stock ownership plan is 12 months, counting from the date the company announces the completion of the purchase of the last symbol stock, which is from January 1, 2025.
Quartz Co., Ltd.: Jiangsu Pacific Quartz Co., Ltd. 2024 annual results forecast
Jiangsu Pacific Quartz Co., Ltd. 2024 Annual Results Forecast
Jiangsu Pacific Quartz (603688.SH): The net profit for the 2024 fiscal year is expected to decrease by 93.25% to 94.44%.
On January 14, Glonghui reported that Jiangsu Pacific Quartz (603688.SH) announced its performance forecast for the year 2024. The company expects to achieve a Net income attributable to Shareholders of listed companies ranging from 0.28 billion yuan to 0.34 billion yuan in 2024, a year-on-year decrease of 93.25% to 94.44%. It is also expected that the Net income attributable to Shareholders of listed companies, deducting non-recurring gains and losses, will range from 0.231 billion yuan to 0.291 billion yuan, a year-on-year decrease of 94.21% to 95.40%. The photovoltaic Industry market is highly volatile, impacted by the capacity reduction and inventory clearance in the photovoltaic Industry, compounded by the market demand for quartz materials used in photovoltaics.
Retail Investors Invested in Jiangsu Pacific Quartz Co., Ltd (SHSE:603688) Copped the Brunt of Last Week's CN¥620m Market Cap Decline
