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SHE:002054

3 stories mentioning SHE:002054Updated 9m ago

Every FINWIRES story that references SHE:002054, newest first.

Asia

Dymatic Chemicals Seeks Approval for 200-Million-Yuan Cross-Border Fund Pool

Dymatic Chemicals (SHE:002054) subsidiary Dymatic High-Tech New Materials will apply to the State Administration of Foreign Exchange for a cross-border yuan and foreign currency centralized fund pool of up to 200 million yuan.The pool, pending regulatory approval, will enable centralized external debt management, intercompany lending, and netting settlements, according to a Monday filing with the Shenzhen bourse.Partner banks include Bank of Communications and Agricultural Bank of China.Shares of the chemical producer closed 2% higher Monday.

SHE:002054
Asia

Dymatic Chemicals Injects 100 Million Yuan into Zhejiang Derong Chemical Subsidiary

Dymatic Chemicals (SHE:002054) will invest 100 million yuan into subsidiary Zhejiang Derong Chemical, with co-shareholder Zhejiang Petroleum & Chemical matching the amount.The move boosts the subsidiary's registered capital to 1.62 billion yuan from 1.42 billion yuan, maintaining the 50-50 ownership split, according to a Monday filing with the Shenzhen bourse.The cash injection aims to support Zhejiang Derong Chemical's business operations and daily working capital needs.Shares of Dymatic Chemicals closed 2% higher Monday.

SHE:002054
Asia

Dymatic Chemicals Subsidiary Sells Properties in Peru for Nearly $8 Million

Dymatic Chemicals' (SHE:002054) second-level subsidiary Silvateam Peru will sell three plots of land and other facilities to Uvica for $7.5 million, according to a Monday filing with the Shenzhen bourse.Silvateam Peru is a subsidiary of the listed company's direct arm Silvateam ICA S.A.C.Following the transaction, the net profit is seen to rise by $953,000, the filing said.

SHE:002054

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