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xi'an manareco new materials (688550.SH): Cumulatively repurchased 1.02% of the company's shares
On November 1, Gelonhui announced that xi'an manareco new materials (688550.SH) disclosed that, as of October 31, 2024, the company repurchased a total of 1,778,059 shares of the company through the Shanghai Stock Exchange trading system by means of centralized competitive trading, accounting for 1.02% of the total share capital of 174,731,320 shares, the highest price for repurchase transactions was 37.74 yuan/share, the lowest price was 18.94 yuan/share, and the total amount paid was RMB 61,419,303.01 (excluding transaction commissions and other transaction expenses).
Ruilian New Materials: Report for the third quarter of 2024
Third Quarter Report 2024
Voluntary Disclosure Notice for Advance Results for the Third Quarter of 2024
Xi'an Manareco New Materials (688550.SH): Net income in the third quarter is expected to increase by 126.27% year-on-year.
RuiLian New Materials (688550.SH) announced the performance forecast for the third quarter of 2024 on October 25th, expecting a net income attributable to the owners of the parent company of 89.9779 million yuan, an increase of 50.2125 million yuan compared to the same period last year, with a year-on-year growth of 126.27%. It is expected that the net income attributable to the owners of the parent company after deducting non-recurring gains and losses in the third quarter of 2024 will be 86.5 million yuan, an increase of 51.2863 million yuan compared to the same period last year, with a year-on-year growth of 145.64%.
Xi'an Manareco New Materials (688550.SH): The current equipment utilization rate of the production line is approximately 75%-80%.
September 25, GeLongHui | Xi'an Manareco New Materials (688550.SH) stated at an investor relations event that the company belongs to fine chemicals, with a production model based on sales to determine production, with multiple batches and small batch orders as the main focus, and a wide variety of products. The production process often requires cleaning and it is difficult to maintain full production capacity. The characteristics of the products also determine that the company's production line is flexible, with a certain degree of synergy among different sectors of the production line. Apart from some mature products with dedicated production lines, for most products, the production line can be flexibly adjusted during the production process. Currently, the equipment utilization rate of the production line is approximately 75%-80%.
