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Founder Securities: The reversal of the chemical industry is likely near, Bullish on the opportunities for layout on the left side of the cycle.
The Global economy in the Industry has been in a downturn and has dragged on until now, with high prices of oil and coal causing profits in the industry to shift upstream, and the profitability level of bulk chemicals has reached a historical low.
Longyan Zhuoyue New Energy Receives Nearly 29 Million Yuan in VAT Refund
Longyan Zhuoyue New Energy (688196.SH): received a VAT refund for resource comprehensive utilization products.
Gelonghui, December 25 - Longyan Zhuoyue New Energy (688196.SH) announced that according to the Ministry of Finance and the State Administration of Taxation's "Announcement on Improving the VAT Policy for Comprehensive Resource Utilization" (Announcement No. 40 of 2021), the company can enjoy a VAT refund policy for self-manufactured resource utilization products, with a refund rate of 70%. Recently, the company received a VAT refund of 28,786,732.42 yuan for the period ending May 2024. This amount has reached 36.62% of the company's audited net income for the year 2023, and the company disclosed this information in accordance with relevant disclosure regulations.
Longyan Zhuoyue New Energy Co., Ltd.'s (SHSE:688196) Largest Shareholder, CEO Huodong Ye Sees Holdings Value Fall by 12% Following Recent Drop
Longyan Zhuoyue New Energy (688196.SH): It plans to raise funds of no more than 0.3 billion yuan for the annual production of 0.1 million tons of hydrocarbon-based biodiesel project.
Gelonghui December 5th | Longyan Zhuoyue New Energy (688196.SH) announced that it plans to issue stocks to raise a total amount of no more than RMB 0.3 billion, with the net proceeds of the fundraising to be invested in a project with an annual output of 0.1 million tons of hydrocarbon-based biodiesel after deducting the related issuance expenses.
gf sec: The scarce nature of SAF raw materials is enhanced, and companies that control the supply of raw materials may have dominance.
Companies that process food waste oils and those with refining technology will be the beneficiaries of this biodiesel upcycle.
Market Cool On Longyan Zhuoyue New Energy Co., Ltd.'s (SHSE:688196) Earnings Pushing Shares 26% Lower
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