688148 Guangdong Fangyuan Environment Co., Ltd.
- 5.69
- +0.01+0.18%
Guangdong Fangyuan Environment Co., Ltd. News
Fangyuan Co., Ltd. (688148.SH): The price for this inquiry transfer is 4.63 yuan/share.
On November 27, Gronhui announced that Fangyuan Co., Ltd. (688148.SH) has preliminarily determined the transfer price to be 4.63 yuan/share after inquiring institutional investors, which is 81.51% of the closing price of 5.68 yuan/share on the pricing date for the inquiry transfer (i.e., November 27, 2024). A total of 7 institutional investors participated in the inquiry transfer quote, covering professional institutional investors such as fund management companies, qualified overseas investors, and private fund managers. The shares intended for this inquiry transfer have been fully subscribed, with the preliminary confirmed transferees being 7 institutional investors, aiming to transfer a total of 1 share.
Fangyuan Co., Ltd. (688148.SH): Currently, the company's lithium carbonate production capacity is still in the ramp-up stage.
On November 21, Gelonghui reported that Fangyuan Co., Ltd. (688148.SH) stated on the interactive platform that, leveraging the company's advantages in wet process technology, it has already established mature technology in lithium recovery, achieving a high recovery rate and high product purity, while the lithium extraction costs are relatively low, theoretically reaching a considerably high level of gross margin. However, the company's lithium carbonate production capacity is still in the ramp-up phase, and due to substantial fixed expenses such as depreciation of production line fixed assets, labor costs, and amortization expenses, the gross margin level may experience fluctuations.
Fangyuan Corporation (688148.SH): Subsidiary signed the Annual Lithium Carbonate Supply Contract and the Annual Global Strategy Cooperation Agreement.
On November 19, Gelonghui reported that Fangyuan Co., Ltd. (688148.SH) announced that its wholly-owned subsidiary, Fangyuan Recycling, has signed a "Lithium Carbonate Annual Supply Contract" with Zhongtuo New Energy, stipulating that Fangyuan Recycling will provide no less than 0.01 million tons of battery-grade lithium carbonate to Zhongtuo New Energy, with the contract performance period from January 1, 2025, to December 31, 2025. At the same time, Fangyuan Recycling signed an "Annual Strategic Cooperation Agreement" with Xiangyu New Energy, stipulating that Fangyuan Recycling will provide 0.015 million tons (fluctuating up or down by 10%) of battery-grade lithium carbonate to Xiangyu New Energy, and Xiangyu New Energy will provide Fangyuan Recycling with including but...
Fangyuan Stock Report for the Third Quarter of 2024
Fangyuan Co., Ltd. (688148.SH): A net loss of 0.119 billion yuan in the first three quarters.
Grainews, October 29th - Fangyuan Stock (688148.SH) announced that in the first three quarters of 2024, it achieved revenue of 1.415 billion yuan, a decrease of 25.51% year-on-year; net income attributable to shareholders of the listed company was -0.119 billion yuan, with a basic earnings per share of -0.23 yuan.
Guangdong Fangyuan New Materials Group Co., Ltd. (SHSE:688148) Held Back By Insufficient Growth Even After Shares Climb 29%
Fangyuan Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Fangyuan Co., Ltd.
Fangyuan Co., Ltd. (688148.SH) released its performance for the first half of the year, with a net loss of 66.1941 million yuan, an expanded loss.
Fangyuan Corporation (688148.SH) released its semi-annual report for 2024, with revenue of 1.04 billion yuan, ...
Fangyuan Corporation (688148.SH): The net loss for the first half of the year was 66.1941 million yuan.
On August 28th, Fangyuan Corporation (688148.SH) announced its semi-annual report for the first half of 2024, with a revenue of 1.04 billion yuan, a year-on-year decrease of 27.12%, and a net income of -66.1941 million yuan attributable to shareholders of the listed company. The revenue decreased compared to the same period last year and the overall company is still in a loss. The main reasons are: the continuous impact of the decline in nickel, cobalt, and lithium metal prices, the slowing down of downstream demand and active destocking, and the introduction of restrictive trade policy bills. During the reporting period, the sales quantity and price of some products, such as ternary precursors, decreased compared to the same period last year; coupled with fundraising.
Fangyuan Shareholding (688148.SH): The agreement on concerted actions between the controlling shareholder and the actual controller has expired and will be terminated.
On August 6th, Gelonhui announced that Fangyuan shares (688148.SH) announced that the controlling shareholder and actual controller, Luo Aiping, actual controller Wu Fang, Yuan Yuan, Xie Songshu, Long Quan'an, Zhang Bin, Liu Jingxing, Lin Jieping, Chen Jianliang, Lin Weiyi, Zhu Qinying, Chen Shaoan, Pingfang Yili jointly signed the "Unified Action Agreement" on March 1, 2020, which expires on August 6, 2024. All parties confirm that the aforementioned agreement will not be renewed after it expires, and the joint action relationship will be naturally terminated. Luo Aiping, Wu Fang, Pingfang Yili, Wu Wencheng, and Jin Xiaoya, who are close relatives of Wu Fang, still constitute a joint action relationship; Yuan Yuan, Xie Song
Fangyuan Shares (688148.SH): Minmetals Yuan Ding has cumulatively reduced its shareholding by 0.48% in the Company.
On August 6, Gelunhui reported that Fangyuan Stock (688148.SH) announced that it had recently received a notice from MCC Yunding. As of August 6, 2024, MCC Yunding had accumulated a shareholding reduction of 2.4321 million shares of the company through concentrated bidding transactions, accounting for 0.48% of the total share capital of the company.
Fangyuan Stock (688148.SH): accumulated 59.99 million yuan to repurchase 2.6% of its shares.
On August 1st, Gelunhui announced that as of July 31, 2024, the company had repurchased a total of 13,275,500 shares through the Shanghai Stock Exchange trading system by means of centralized competitive trading, accounting for 2.60% of the company's total share capital of 510,173,053 shares. The highest and lowest prices for repurchases were RMB 5.46/share and RMB 3.85/share, respectively, and the total amount of funds paid was RMB 59.99 million (excluding stamp duty, transaction commission and other transaction costs).
Fangyuan Corporation (688148.SH): 124 million restricted shares will be lifted on August 6.
On July 29th, Gelunhui reported that the total number of stocks issued by Fangyuan Stock (688148.SH) this time is 0.124 billion shares. The date of stock listing is August 6, 2024.
Fangyuan Corporation (688148.SH): Currently, the company's cash flow situation is stable.
Fangyuan Stock (688148.SH) stated during a recent institutional investor reception that the net cash flow from operating activities for the company in 2023 was negative. This was mainly due to a YoY decrease in sales prices and order volume, leading to a reduction in sales receipts. However, the situation has stabilized as the net cash flow turned positive in Q1 2024.
Fangyuan shares (688148.SH): It has started supplying NCM5 products to domestic customers in the second quarter of this year.
Fangyuan shares (688148.SH) recently stated during a reception with institutional investors that the company's diversified product sales strategy has been effective, with gradual increases in sales volume of lithium carbonate products and sustained growth trends in intermediate products such as cobalt sulfate and nickel sulfate. In terms of precursors, the company has started supplying NCM5 series products to domestic customers in the second quarter of this year. The company will continue to expand sales channels and improve capacity utilization.
Fangyuan Stock (688148.SH): the company has wet metallurgical technology, which has technical advantages in lithium recovery.
On July 16th, Gelunhui News reported that Fangyuan Shares (688148.SH) recently stated during a meeting with institutional investors that the company has wet metallurgical technology and has technical advantages in lithium recycling. During the 2023 period, the company has added five new patent applications related to lithium recycling, mainly for reducing lithium production costs, improving overall lithium recovery efficiency and yield by improving extraction efficiency and simplifying extraction processes. The company's current lithium yield has reached a high level with a low loss rate.
Fangyuan Shares (688148.SH) awarded 9.476 million restricted stocks to 155 incentive targets.
Fangyuan Stock (688148.SH) announced that the company believes that the restricted stock incentive plan for 2024 will be granted...
Fangyuan Share (688148.SH): The current main raw material for lithium carbonate is lithium sulfate solution (brine).
On July 10th, Gelunhui reported that Fangyuan shares (688148.SH) recently stated during a visit with institutional investors that the company's main raw materials include nickel beans, cobalt beans, nickel hydrometallurgical refining intermediate products (MHP), nickel-cobalt materials, ternary powder, and waste batteries containing nickel and cobalt. The main raw material for lithium carbonate is currently lithium sulfate solution (brine).
Fangyuan Corporation (stock code: 688148.SH): Currently, the production capacity that has been built and put into operation is annual production of 0.086 million tons of ternary precursors and 10,000 tons of lithium salt products.
On July 10th, GeLonghui reported that Fangyuan shares (688148.SH) stated during a recent visit from institutional investors that the company's current built and commissioned production capacity is 0.086 million tons per year of ternary precursors and 10,000 tons of lithium salt products, of which the ternary precursor production line can produce intermediate products such as nickel-cobalt salt. In addition, the company is increasing its battery-grade lithium carbonate production capacity through new construction and technological transformation.
Analysis
Price Target
No Data
No Data