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Hangzhou Juheshun New Material (605166.SH): plans to acquire 14% equity of Juheshun Luhua for 0.112 billion yuan.
Gelonghui, February 5th丨Hangzhou Juheshun New Material (605166.SH) announced that the company plans to use its own funds of 112 million yuan to acquire 14% of the equity held by minority shareholder Wenzhou Junfeng Venture Capital Partnership (Limited Partnership) in its controlling subsidiary ShanDong Hangzhou Juheshun Luhua New Materials Co., Ltd. (hereinafter referred to as "Hangzhou Juheshun Luhua"). After the completion of this equity transfer, the company will hold 65% of the equity in Hangzhou Juheshun Luhua.
Polymerishun: Hangzhou Jushun New Materials Co., Ltd. 2024 Annual Results Advance Announcement
Hangzhou Jueshun New Materials Co., Ltd. 2024 Annual Results Advance Notice
Hangzhou Juheshun New Material (605166.SH): Share buyback has not yet been implemented.
Hangzhou Juheshun (605166.SH) announced that as of November 30, 2024, the company has not yet implemented share repurchases.
Hangzhou Juheshun New Material (605166.SH): The company currently maintains a market share of about 10% in the nylon 6 new materials market.
geelong on November 20th Hangzhou Juheshun (605166.SH) stated at the performance briefing that the company continues to monitor industry dynamics and dynamically formulates production and sales strategies based on industry development. Currently, the company's market share in the nylon 6 new materials market remains at around 10%. As of the third quarter of this year, the company has produced 0.4067 million tons of nylon chips and sold 0.4044 million tons, basically achieving full production and sales. In recent years, the company's capacity utilization rate has always remained above 90%, and it is expected to continue to maintain a relatively high level in the future. The company's product gross margin trends are influenced by market demand, raw material prices, and production status.
Hangzhou Juheshun New Material to Buy Back Up to 20 Million Yuan of Shares