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Declining Stock and Decent Financials: Is The Market Wrong About Baimtec Material Co.,Ltd. (SHSE:688563)?
Aviation Materials Co., Ltd. (688563.SH) plans to increase its investment in Hexing Aviation Materials by 60 million yuan.
On December 11, Glonghui reported that Aviation Materials Co., Ltd (688563.SH) announced that currently, China's Nuclear Power industry has entered a period of rapid development. Nuclear Xing Aviation Materials plans to initiate a capital increase and share expansion due to the needs for technological research and development and production condition construction, aiming to attract funds to enhance industrial capacity. Considering long-term Operation strategy development, the company aims to leverage the role of the Aviation New Materials industry platform and further expand its layout in advanced Aluminum alloy products. The company plans to invest its own funds of 60 million yuan in the capital increase for Nuclear Xing Aviation Materials, and the original Shareholders of Nuclear Xing Aviation Materials will waive their rights of priority subscription for proportional capital increase. After the capital increase, Nuclear Xing Aviation Materials will have a new registered capital.
Baimtec Material Secures 2.1 Billion Yuan Worth of Aviation Parts Supply Contract
Aviation Materials Co., Ltd. (688563.SH) signed a 2.1 billion yuan sales contract with a foreign customer.
Aviation Materials Co., Ltd. (688563.SH) announced that the company recently signed an agreement with a foreign client (based on a confidentiality agreement with the client...
Baimtec Material Co.,Ltd. (SHSE:688563) Not Flying Under The Radar
Downstream demand adjustments affecting profits, aviation materials company plans to optimize product structure. Titanium alloy intermediate cases have already entered mass production. | Direct hit earnings conference
1. Ye Zhongming introduced that the fastest growing business sector in the company is basic materials, and will actively respond to changes in market demand to ensure the completion of the annual operation tasks; 2. Yang Hui stated that in the international aerospace field, the company's titanium alloy intermediate machine casings and other products have achieved mass production in the civil aviation field, and generated revenue, with revenue exceeding 0.1 billion yuan in the first three quarters.
Should Weakness in Baimtec Material Co.,Ltd.'s (SHSE:688563) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
