2 stories mentioning SHA:605020Updated just now
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Zhejiang Yonghe Refrigerant (SHA:605020) plans to raise up to 2.05 billion yuan from the issuance of convertible bonds, according to a Thursday disclosure on the Shanghai bourse.Proceeds will be used for the construction of Baotou Yonghe New Materials' new energy materials industrial park and to supplement the refrigerant manufacturer's working capital.
Zhejiang Yonghe Refrigerant (SHA:605020) expects its attributable profit to rise 70% to 103% to between 460 million yuan and 550 million yuan in the first half from 271.4 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.The refrigerant manufacturer attributed the rise to high growth in the fluorocarbon chemicals business despite high prices of major refrigerant products, as well as steady growth in the fluorinated polymer materials segment.
