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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.
Fangyuan Corporation (688148.SH): Cumulatively repurchased 2.60% of the company's shares.
On July 1st, Gelunhui reported that Fangyuan Stock (688148.SH) accumulated a repurchase of 13,275,500 shares through the Shanghai Stock Exchange trading system in a centralized bidding trading method until June 30, 2024, which accounted for 2.60% of the company's total share capital of 510,173,053 shares. The highest and lowest repurchase prices were 5.46 yuan/share and 3.85 yuan/share, respectively, and the total amount paid was RMB 59,990,000 (excluding transaction fees such as stamp duty and commission).
Fangyuan Co., Ltd. (688148.SH): The controlling shareholder and actual controller voluntarily promise not to reduce their shareholding in the company.
On June 18th, Gelunhui reported that Fangyuan Stock (688148.SH) received a letter of commitment from the company's controlling shareholder and actual controller, Mr. Luo Aiping, and the actual controller, Ms. Wu Fang, stating that they voluntarily promised not to reduce their holdings of company shares. Mr. Luo Aiping and Ms. Wu Fang will not reduce their respective holdings of the company's shares in any form within 24 months starting from August 6, 2024 (the first public offering of restricted shares unlocking day) until August 5, 2026.
Fangyuan Co. Ltd. (688148.SH) plans to launch a restricted stock incentive plan of 9,955,500 shares.
On June 5th, Gelunhui announced that Fangyuan Stock (688148.SH) has released its 2024 Restricted Stock Incentive Plan, which grants a total of 9.9555 million restricted stocks, accounting for 1.95% of the total share capital of the company at the time of the announcement. The first incentive objects granted by this incentive plan will not exceed 160 people, and the grant price of the first and reserved restricted stocks granted by this incentive plan is RMB 2.73 per share.
Fangyuan Corporation (688148.SH) has repurchased 2.60% of its own shares.
On June 3, Gelunhui announced that, as of May 31, 2024, the company had repurchased a total of 13,275,500 shares of the company's stock through the Shanghai Stock Exchange trading system by means of centralized bidding trading, accounting for 2.60% of the total share capital of 510,173,053 shares. The highest price of the repurchase transaction was 5.46 yuan/share, the lowest price was 3.85 yuan/share, and the total amount paid was RMB 59,990,000 (excluding transaction fees such as stamp duty and trading commission).
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