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Sree New Materials (688102.SH): Relevant Shareholders voluntarily commit not to reduce their Shareholding.
On March 14, Glory Shares announced that Srey New Materials (688102.SH) has recently received commitment letters from Mr. Wang Wenbin, the company's controlling shareholder, actual controller, Chairman, and key technology personnel, as well as from Mr. Sheng Qingyi, a shareholder with more than 5% of the shares, and his party Shenzhen LeRan Technology Development Co., Ltd., stating their voluntary commitment not to reduce their shareholding. The relevant situation is announced as follows: Based on confidence in the company's future development prospects and recognition of its long-term value, to promote the company's continuous, stable, and healthy development, and effectively safeguard investors' rights and interests as well as the stability of the Capital Markets, the company's controlling shareholder, actual controller.
Why Investors Shouldn't Be Surprised By Shaanxi Sirui Advanced Materials Co., Ltd.'s (SHSE:688102) P/E
About 0.309 billion restricted shares of Srey New Materials (688102.SH) will be listed and tradable starting from March 17.
Srey New Materials (688102.SH) announced that the restricted shares for this listing are the restricted shares from the initial public offering, ...
Siree New Materials (688102.SH): Developed water cooling components for chip Semiconductors equipment, which have passed product verification by downstream leading customers and achieved bulk supply.
On February 21, Gelonghui reported that Sry New Materials (688102.SH) recently stated during a reception with institutional investors that the applications of the company's products in the Semiconductors field mainly have the following directions: 1. The optical module chip base produced by the company is the carrier material for the core component optical chip of optical modules, which can be used in 400G, 800G, and 1.6T optical modules. 2. The company has developed a water cooling component for chip semiconductor equipment, which has been verified by downstream leading customers and has achieved mass supply. 3. The company's high-strength, high-conductivity Copper Alloy products can be used in supporting components for semiconductor Target Materials.
Srey New Materials (688102.SH): has developed key materials and components for applications in controllable nuclear fusion, large nuclear power Generators, and more.
On February 21, Gelonghui reported that Srei New Materials (688102.SH) recently stated during an institutional investor research meeting that the company has developed key materials and components for applications in controlled nuclear fusion and large Nuclear Power Generators.
SRE New Materials (688102.SH): The company applies a new type of Copper Alloy in optical module housings to solve technical pain points in the Industry.
On February 21, at an institutional investor research meeting, Srey New Materials (688102.SH) stated that the company is a New Materials research and manufacturing enterprise, with products primarily serving the fields of rail transportation, Aviation, Electrical Utilities, Medical imaging, New energy Fund Autos, and AI. The chip for optical modules above 400G has significantly higher requirements for heat dissipation, necessitating new materials with lower expansion and higher thermal conductivity properties to meet the requirements. Different compositions of Copper alloy can meet the needs of 400G, 800G, and 1.6T optical modules. The main technical requirement for the Copper material used in the optical module chip base is uniform ultrafine tungsten powder.
Shaanxi Sirui Advanced Materials (SHSE:688102) Might Be Having Difficulty Using Its Capital Effectively