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SHE:002379

4 stories mentioning SHE:002379Updated 10d ago

Every FINWIRES story that references SHE:002379, newest first.

Asia

Shandong Hontron Aluminum Industry Seeks Up to 12 Billion Yuan from Share Placement; Shares Fall 10%

Shandong Hontron Aluminum Industry (SHE:002379) plans to raise 12 billion yuan from the sale of up to 1.30 billion shares to not more than 35 investors under a private share placement plan, according to a Saturday filing with the Shenzhen bourse.Proceeds from the share issuance will help fund its 11 wind power projects, six photovoltaic projects, aluminum deep processing project, and bank loan repayments.Shares plunged 10% during morning trading on Monday.

SHE:002379
Asia

Hontron Aluminum Plans Share Placement; Shares Fall 10%

Shandong Hontron Aluminum Industry (SHE:002379) received approval from the board of directors for a proposed share placement, according to a Shenzhen bourse filing on Saturday.The Chinese aluminum company's shares slumped 10% during Monday's morning trade.The plan is still subject to regulators' approval.

SHE:002379
Asia

Hontron Aluminum Industry Forecasts Up to 81% Rise in H1 Profit; Shares Jump 10%

Shandong Hontron Aluminum Industry (SHE:002379) forecasted first-half attributable net profit of between 15 billion yuan and 16 billion yuan, compared with 8.84 billion yuan the previous year.The 70% to 81% rise is attributed to higher electrolytic aluminum prices and significantly reduced borrowing costs after the company cut its debt scale, according to a weekend filing with the Shenzhen bourse.Basic earnings per share are projected at 1.15 yuan to 1.23 yuan, versus 0.68 yuan a year earlier.Shares of the aluminum company jumped 10% in recent trade.

SHE:002379
Asia

Hongqiao Aluminum's Profit Jumps 38%, Revenue Up 3%

Shandong Hongqiao Aluminum Industry (SHE:002379) reported a 38% jump in attributable net profit in the first quarter of 2026 to 6.76 billion yuan from 4.91 billion yuan, according to a filing on the Shenzhen Stock Exchange over the weekend.Diluted earnings per share rose to 0.5186 yuan from 0.3770 yuan.The aluminum company's revenue edged up 3.21% to 40.9 billion yuan from 39.7 billion yuan.

SHE:002379

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