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Returns On Capital Signal Tricky Times Ahead For Ningbo Solartron TechnologyLtd (SHSE:688299)
Ningbo Solartron Technology (688299.SH): plans to permanently supplement working capital with the surplus of 40.7607 million yuan raised after the completion of the "R&D Center Project."
On December 19, Gelonghui reported that Ningbo Solartron Technology (688299.SH) announced that, as the fundraising project has been basically completed, in light of actual Operation conditions and to improve the efficiency of fund usage and the company's operating benefits, and in accordance with regulatory requirements for the management and use of raised funds, the company intends to permanently supplement its working capital with the surplus raised funds of 40.7607 million yuan (the actual amount is subject to the balance of the designated account on the day of the fund transfer) after the "Research and Development Center Project" is completed.
Ningbo Solartron Technology (688299.SH): Plans to change the "Annual Production of 0.08 million tons of optical-grade polyester film project" to "Annual Production of 0.02 million tons of optical-grade polyester film project."
On December 19, Gelonghui reported that Ningbo Solartron Technology (688299.SH) announced that it plans to change the "annual production of 0.08 million tons of optical-grade polyester film project" to "annual production of 0.02 million tons of optical-grade polyester film project," and extend the construction period to June 30, 2025.
Ningbo Solartron Technology (688299.SH): The company's Solid State Battery electrolyte composite membrane base material is polyethylene.
On December 10, Gelonghui reported that Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform that the raw material for the electrolyte composite membrane base used in Solid State Battery is polyethylene (PE), which is produced by the company itself.
Ningbo Solartron Technology (688299.SH): Mainstream foldable screen manufacturers, including Huawei, are all important target customers of the company.
Gelonghui on December 2nd | Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform that the company's CPI project has started construction. It is expected that the first mass production line will be completed and quickly enter the pilot and mass production stages by 2025. Foldable screen phones are the most important application scenario for CPI films. Mainstream foldable screen manufacturers including Huawei are important target customers for the company. Please follow up on relevant company disclosures.
There's Reason For Concern Over Ningbo Solartron Technology Co.,Ltd.'s (SHSE:688299) Massive 28% Price Jump
