SHE:001301

4 stories mentioning SHE:001301

Every FINWIRES story that references SHE:001301, newest first.

Shangtai Tech to Provide Guarantee to Malaysian Subsidiary for MYR31.5 Million Project

Shijiazhuang Shangtai Technology (SHE:001301) will provide an irrevocable joint and several liability guarantee to subsidiary Shangtai Technology (Malaysia) to cover funds for a 31.5 million Malaysian ringgit project, according to a Shenzhen bourse filing on Tuesday.The project involves the construction of a lithium-ion battery anode material plant in Malaysia with an annual production capacity of 50,000 tonnes.FHL Construction will undertake the project's construction.Shares of the lithium-ion battery anode material manufacturer rose nearly 2% in afternoon trading.

SHE:001301

Asia6d ago

Shijiazhuang Shangtai Technology Guarantees Malaysia Subsidiary's 52.5-Million-Yuan Obligation

Shijiazhuang Shangtai Technology (SHE:001301) provided a joint liability guarantee for Malaysian unit Shangtai Technology Malaysia covering the 52.5-million-yuan contract with FHL Construction.The guarantee supports the electromechanical turnkey project for Plant Two of Shangtai Technology Malaysia's 50,000-ton-per-year lithium-ion battery anode material plant.The guarantee period runs until one month after the final payment due date. Total outstanding guarantees now stand at 825.4 million yuan.Shares of the lithium-ion battery anode material manufacturer were down 2% in recent trade.

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Asia10d ago

Shijiazhuang's Subsidiary Signs 150 Million Yuan Loan Agreement; Shares Down 3%

Shijiazhuang Shangtai Technology's (SHE:001301) subsidiary, Shangtai (Hong Kong), entered into a loan agreement with the Hebei branch of Bank of Communications (SHA: 601328; HKG: 3328) for 150 million yuan, according to a Shenzhen bourse filing on Friday.The loan will be used for working capital and carries a credit period of 12 months.Shijiazhuang will serve as a guarantor for the loan, with a maximum guaranteed claim of 155 million yuan.Shares of the lithium-ion battery anode material manufacturer fell 3% in afternoon trading.

HKG:3328SHA:601328SHE:001301

Asia54d ago

Shijiazhuang Shanghai Tech's 2025 Profit Rises 13%, Revenue Jumps 52%

Shijiazhuang Shangtai Technology's (SHE:001301) net profit attributable to shareholders in 2025 rose 13% to 945.8 million yuan from 838.3 million yuan a year earlier, according to a Wednesday earnings report on the Shenzhen bourse.Earnings per share climbed 12% year on year to 3.63 yuan from 3.23 yuan.The Chinese lithium-ion battery anode material manufacturer's operating revenue jumped 52% to 7.94 billion yuan from 5.23 billion yuan in the previous year.

SHE:001301