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SHA:603026

5 stories mentioning SHA:603026Updated just now

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Asia

Shinghwa Advanced Material Subsidiary to Build Lithium Fluoride Additive Facility

Shida Shinghwa Advanced Material (SHA:603026) subsidiary Shinghua New Energy Technology (Dongying) will invest 285.9 million yuan for a lithium fluoride additive facility, according to a Tuesday filing with the Shanghai bourse.The project will have a capacity of 12,000 tons per year, while the warehouse will have an area of about 3,500 square meters.Construction is expected to last 12 months.

SHA:603026
Asia

Shinghwa Advanced Material Plans to Invest 722 Million Yuan in Electrolyte Plant Construction

Shida Shinghwa Advanced Material Group (SHA:603026) plans to invest 721.5 million yuan to construct an electrolyte plant, according to a Shanghai bourse filing on Tuesday.The basic organic chemical products manufacturer will implement the construction through its subsidiary, Dongying Shenghua Lida Chemical Technology.The plant, which will produce 200,000 tons of electrolyte every year, will be located in Dongying City, Shandong Province, occupying a land area of 93,598.93 square meters, with a planned construction period of 12 months.

SHA:603026
Asia

Shinghwa Advanced Material to Build 1.8-Billion-Yuan Liquid Lithium Salt Plant

Shinghwa Advanced Material (SHA:603026) will invest 1.80 billion yuan to build a 230,000 tons-per-year liquid lithium salt project in China's Shandong Province.The project covers 273,000 square meters and is expected to generate 6.09 billion yuan in annual revenue and 1.52 billion yuan in net profit at full capacity, according to a Tuesday filing with the Shanghai bourse.Construction is expected to take 24 months.Shares of the producer of basic organic chemical products rose 2% in recent trade.

SHA:603026
Asia

Shinghwa Advanced Material to Raise Related-Party Deals by 337 Million Yuan

Shinghwa Advanced Material (SHA:603026) proposes to increase its related-party transaction estimate by 337.2 million yuan for 2026, citing business development needs.The additional transactions cover raw‑material purchases of 295.3 million yuan from Yankuang Energy and 41.9 million yuan from Zibo Qixiang Tengda Chemical, the company said in a Tuesday Shanghai bourse filing.The proposal is subject to shareholder approval.Shares of the producer of basic organic chemical products rose 2% in recent trade.

SHA:603026
Asia

Shinghwa Advanced Material Expects to Return to Profit in Q1; Shares Soar 10%

Shida Shinghwa Advanced Material Group (SHA:603026) expects to return to profit in the first quarter, with a net profit attributable to shareholders ranging between 260 million yuan and 310 million yuan, according to a Shanghai bourse filing on Tuesday.The attributable loss a year earlier was 28.5 million yuan, or 0.14 yuan per share.Shares of the producer of basic organic chemical products soared 10% during the morning trade.

SHA:603026

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