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The Recent Pullback Must Have Dismayed Omat Advanced Materials (Guangdong) Co.,Ltd. (SHSE:688530) Insiders Who Own 32% of the Company
Omat Advanced Materials to Construct Industrial Park for 322 Million Yuan; Shares Up 7%
Oulei New Materials (688530.SH): Plans to invest 0.322 billion yuan in the construction of the "Oulei New Materials Mingyue Lake High-tech Materials Industrial Park Project (Phase One)".
Gelonghui, November 12th | Orale new materials (688530.SH) announced that the company plans to sign a related investment agreement with the management committee of Shaoguan High-tech Industrial Development Zone to invest in the construction of the "Orale new materials Mingyue Lake High-tech Materials Industrial Park project (Phase I)", with a total planned investment of 0.322 billion yuan (subject to actual investment amount), a project site area of 208.5 mu (subject to the final listing area), The project construction content includes research and development center, headquarters building, future hall, laboratory building, testing and analysis center, and conference center, focusing on the main business of high-performance sputtering target materials, actively expanding.
There's Reason For Concern Over Omat Advanced Materials (Guangdong) Co.,Ltd.'s (SHSE:688530) Massive 26% Price Jump
Oulei New Materials: The panel industry is facing cyclical overcapacity, product sales prices have stabilized | Direct hit on earnings conference
① Mao Chunhai stated that, affected by the domestic and international economic environment in recent years, the demand for consumer electronics and panels has also been greatly impacted, with the panel industry facing the problem of cyclical oversupply; ② Wen Hongfu stated that, influenced by customer demand, the sales volume of copper and aluminum targets for flat panel display in the first three quarters of 2024 has decreased to a certain extent. As we enter the fourth quarter, product sales prices have stabilized.
Are Omat Advanced Materials (Guangdong) Co.,Ltd.'s (SHSE:688530) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
