FINWIRES · TerminalLIVE
FINWIRES

SHA:603659

6 stories mentioning SHA:603659Updated just now

Every FINWIRES story that references SHA:603659, newest first.

Asia

Putailai New Energy Technology's H1 Profit Rises 38%, Revenue Jumps 43%

Shanghai Putailai New Energy Technology's (SHA:603659) net profit attributable to shareholders for the first half rose 38% to 1.45 billion yuan from 1.06 billion yuan in the previous year, according to a Shanghai bourse filing on Thursday.Earnings per share jumped 41% year on year to 0.69 yuan from 0.49 yuan, while operating revenue increased 43% to 10.1 billion yuan from 7.09 billion yuan.The lithium-ion battery materials maker's shares slipped nearly 1% in recent trade.

SHA:603659
Asia

Putailai New Energy Tech Plans 300 Billion Yuan Share Buyback

Shanghai Putailai New Energy Technology (SHA:603659) plans to spend between 200 million yuan and 300 million yuan to repurchase shares, according to a Shanghai bourse filing on Wednesday.Around 6.7 million to 10 million shares will be bought back for up to 30 yuan each through centralized bidding within twelve months after the board's approval.

SHA:603659
Asia

Putailai New Energy Technology Beijing Listing Application Suspended

Shanghai Putailai New Energy Technology (SHA:603659) controlling subsidiary Jiangsu Jiato Intelligent has received formal acceptance from the Beijing Stock Exchange for its public offering application but has simultaneously requested a review suspension.Jiato Intelligent submitted its application on June 26 and received the acceptance notice on June 30. Later that same day, it applied for a suspension, which was immediately approved, according to a Friday filing with the Shanghai bourse.

SHA:603659
Asia

Putailai New Energy to Raise Subsidiary's Capital By 1.46 Billion Yuan

Shanghai Putailai New Energy Technology (SHA:603659) plans to raise the capital of its subsidiary, Inner Mongolia Zichen Xingfeng New Energy Technology, by 1.46 billion yuan, according to a Shanghai bourse filing on Thursday.The Chinese lithium-ion battery materials manufacturer will conduct the transaction through a conversion of debt to equity.Zichen Xingfeng's registered capital will rise to 2.14 billion yuan from 678 million yuan.

SHA:603659
Asia

Putailai New Energy to Build Battery Separator Project for 5.6 Billion Yuan

Shanghai Putailai New Energy Technology (SHA:603659) plans to construct a lithium-ion battery separator project for 5.6 billion yuan, according to a Shanghai bourse filing on Thursday.The Chinese lithium-ion battery materials manufacturer will build the project in Chengdu, Sichuan Province, China through subsidiaries Sichuan Zhuoqin New Material Technology and Sichuan Gaoju Material Technology.The project's phase I includes the construction of eight base-film production lines that will produce 3.2 billion square meters of the material every year. Phase II will also include the construction of eight base-film production lines that will yearly produce 4 billion square meters of the same material.Phase I is expected to start trial production in 2027, while commercial production for Phase II is planned to start in the first quarter of 2028.

SHA:603659
Asia

Shanghai Putailai New Energy Technology's Q1 Profit Jumps 44%, Revenue Climbs 35%; Shares Down 5%

Shanghai Putailai New Energy Technology's (SHA:603659) net profit attributable to shareholders in the first quarter jumped 44% to 704 million yuan from 487.7 million yuan, according to a Shanghai bourse filing on Thursday.Earnings per share rose 43% year on year to 0.33 yuan from 0.23 yuan.Operating revenue climbed 35% to 4.35 billion yuan from 3.22 billion yuan in the prior year.The Chinese lithium-ion battery materials manufacturer's shares dropped less than 5% during the afternoon trade.

SHA:603659

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:603659 in your portfolio
WheelAI
WheelAI
Analyze SHA:603659 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:603659