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Be Wary Of Changzhou Fusion New Material (SHSE:688503) And Its Returns On Capital
Juhe Materials (688503.SH): Chen Yaomin has collectively reduced his shareholding by 1.00%.
Gelonghui reported on December 13th that Juhe Materials (688503.SH) announced it received a notification from Mr. Chen Yao-min regarding the change in equity of shareholders holding more than 5% of the shares, reaching 1%. Between December 12, 2024, and December 13, 2024, Mr. Chen Yao-min reduced his shareholding by a total of 2,420,336 shares, accounting for 1.00% of the company's total shares.
Juhe Materials (688503.SH): intends to use no more than 0.5 billion yuan of temporarily idle raised funds for Cash / Money Market management.
Glory Financial announced on December 11 that Juhe Materials (688503.SH) disclosed that the company will use a total of no more than 500 million yuan of temporarily idle raised funds for Cash / Money Market management, effective for 12 months from the date of approval by the Board of Directors. Within the above limits and time frame, the funds may be used in a revolving manner.
The annual conference of the photovoltaic industry will be held. Analysts state that the price bottom of the industry has already been clarified.
① The China Photovoltaic Industry Association will hold the "2024 Photovoltaic Industry Annual Conference" in Yibin City, Sichuan Province from December 4 to 6. ② Xu Baiqiao from Haitong International Securities stated that the industry is currently in a stage of clearing and adjustment. As the end of the year approaches, the concentration of signing orders may increase, leading to potential price fluctuations. However, the overall room for decline is limited, the price bottom is already clear, and the photovoltaic industry is accelerating its return to order.
Juhua Materials (688503.SH): 1.8399 million restricted shares will be released from restriction on December 9.
Gelonghui, November 29丨Juhe Materials (688503.SH) announced that the total number of stocks for this listing is 1.8399 million shares. The stock listing date is December 9, 2024.
Changzhou Fusion New Material Co., Ltd.'s (SHSE:688503) Stock Is Going Strong: Is the Market Following Fundamentals?