SHA:600141

4 stories mentioning SHA:600141Updated just now

Every FINWIRES story that references SHA:600141, newest first.

Hubei Xingfa Chemicals Seeks Up to 3 Billion Yuan Through Private Placement

Hubei Xingfa Chemicals (SHA:600141) is looking to raise up to 3 billion yuan from the sale of up to 360.5 million shares to up to 35 investors under a private placement, according to a Friday disclosure to the Shanghai Stock Exchange.Proceeds will go to its phosphate mining project with an annual capacity of 2.8 million tons and its beneficiation project for its 5-million-ton/year phosphate mine, as well as for bank loans.Shares of the chemical manufacturer fell nearly 2% during afternoon trading on Friday.

SHA:600141

Asia3h ago

Hubei Xingfa Chemicals to Invest 77 Million Yuan in Joint Venture

Hubei Xingfa Chemicals (SHA:600141) agreed to invest 76.5 million yuan into the establishment of a joint venture with its controlling shareholder and subsidiary, according to a Friday disclosure on the Shanghai bourse.The venture, Hubei Xingfa Investment, will have a registered capital of 150 million yuan and will engage in equity and venture capital investment.The Chinese chemical manufacturer will own 51% of the venture's capital.The controlling shareholder, Yichang Xingfa Group, and subsidiary, Hubei Xingfu Electronic Materials, will each own 24.5% of the venture.The company's shares fell nearly 2% during the afternoon trade.

SHA:600141

Asia3h ago

Xingfa Chemicals Signs Conditional Share Placement Deal With Controlling Shareholder

Hubei Xingfa Chemicals (SHA:600141) signed a conditional share placement agreement with its controlling shareholder, Yichang Xingfa Group, according to a Friday disclosure on the Shanghai bourse.The shares to be placed will be worth between 100 million yuan and 200 million yuan, but the final amount is yet to be determined.The Chinese chemical manufacturer's shares fell 2% during the afternoon trade.

SHA:600141

Asia60d ago

Xingfa Chemicals to Invest 80 Million Yuan in Chemicals Partnership Fund

Hubei Xingfa Chemicals (SHA:600141) agreed to invest 80 million yuan in a partnership fund investing in high-end chemicals as a limited partner, according to a Shanghai bourse filing on Saturday.The Chinese chemical manufacturer's shares closed 7% lower on Monday.The company will own 40% of the Hubei Sanxia Xing'an Advanced Materials Seed Equity Investment Fund Partnership (Limited Partnership).The partnership fund aims to raise 200 million yuan in funds to invest in projects related to phosphogypsum pollution prevention, critical chemicals for microelectronics, and high-end phosphorus- and silicon-based chemicals, especially in projects using technology from the Hubei Three Gorges Laboratory.

SHA:600141

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