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Novoray (SHSE:688300) Has A Rock Solid Balance Sheet
Novoray Plans 300 Million Yuan Investment in Spherical Silica Project
The downstream market demand is expanding, and Novoray Corporation plans to invest 0.3 billion yuan to establish a project for ultra-pure spherical powder materials.
① A representative from the company's secretariat stated that they have relatively mature products and have gone through many rounds of process scaling; ② Novoray Corporation indicated that the products from the aforementioned project currently account for a small proportion of the company's revenue, and after the project is completed, it will further expand the production scale of the company's high-end spherical powder materials.
Novoray Corporation (688300.SH) plans to invest in a project for the construction of ultra-pure spherical powder materials for high-performance high-speed substrate applications.
Novoray Corporation (688300.SH) announced that the company plans to invest in high-performance, high-speed substrate ultra-pure spherical powder materials...
HAITONG SEC: Innovative technology drives the Semiconductors industry into a new growth phase. It is recommended to pay attention to Novoray Corporation (688300.SH) and others.
HAITONG SEC believes that against the backdrop of a self-controlled Industry Chain, domestic leading enterprises in New Materials are expected to enjoy the dual benefits of rapid Industry growth and domestic substitution.
Lianrui New Materials 2024 Annual Results Express Announcement
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