5 stories mentioning SHE:002326Updated 26d ago
Every FINWIRES story that references SHE:002326, newest first.
Zhejiang Yongtai Technology (SHE:002326) said the trial production plan for a vinylene carbonate or VC plant of its subsidiary, Inner Mongolia Yongtai Chemical, received approval, according to a Shenzhen bourse filing on Tuesday.The production capacity of the plant was raised to 16,666.6 tons per year from 10,000 tons per year.The Chinese fluorine fine chemicals manufacturer's shares rose 2% at the close.
Zhejiang Yongtai Technology (SHE:002326) forecasts an up to a 461% jump in first-half profit amid strong demand in the new energy vehicle and energy storage markets.Attributable net profit will range between 265 million yuan and 330 million yuan, compared with 58.8 million yuan in H1 2025, according to a Wednesday filing with the Shenzhen bourse.Shares of the fluorine fine chemicals manufacturer jumped 10% in recent trade.
Zhejiang Yongtai Technology's (SHE:002326) subsidiary, Zhejiang Yongtai New Energy Materials, signed a sale agreement with Contemporary Amperex Technology (SHE:300750, HKG:3750), according to a Shenzhen bourse filing on Friday.The fluorine fine chemicals manufacturer will supply CATL with electrolyte additive vinylene carbonate.The delivery is capped at 20,000 tons in 2027, and it will rise to 30,000 tons in 2028 and 40,000 tons in 2029.Yongtai's shares fell 4%, while CATL's Hong Kong and Shenzhen shares both dropped around 5% at the close.
Contemporary Amperex Technology (SHE:300750) will purchase electrolyte materials from Zhejiang Yongtai Technology (SHE:002326) subsidiary Zhejiang Yongtai New Energy Materials under a cooperation agreement.CATL will purchase 70,000 tons in 2026 with a variance of 10,000 tons, according to a Tuesday filing.The battery giant is set to buy 150,000 tons in 2027 with a variance of 20,000 tons, and 250,000 tons in 2028 with a variance of 40,000 tons.
Zhejiang Yongtai Technology (SHE:002326) provided a guarantee with a principal amount of 100 million yuan to its subsidiary, Inner Mongolia Yongtai Chemical, according to a Shenzhen bourse filing on Friday.The guarantee will be for Inner Mongolia Yongtai's credit facility.The guarantee is part of the company's 2 billion yuan guarantee set aside for Inner Mongolia Yongtai for this year. The remaining guarantee for Innoer Mongolia Yongtai is now at 466.4 million yuan.The fluorine fine chemicals manufacturer's shares slipped 1% during the afternoon trade.
