3 stories mentioning SHE:300390Updated 30d ago
Every FINWIRES story that references SHE:300390, newest first.
Canmax Technologies (SHE:300390) expects to return to profit in the first half, posting a net profit attributable to shareholders of between 2.20 billion yuan and 2.40 billion yuan, according to a Shenzhen bourse filing on Friday.The attributable loss a year earlier was 92.8 million yuan.The new energy materials manufacturer's shares fell 2% during the afternoon trade.
Canmax Technologies (SHE:300390) holding subsidiary Shengyuan Lithium will consolidate the Jinzifeng lithium mine, valued at 2.69 billion yuan, to Huaqiao Mining in exchange for 50% equity.The merger integrates the adjacent Jinzifeng and Huashan mines into a single mining right, enabling unified operations and a planned 18-million-ton-per-year mining scale, according to a Tuesday filing with the Shenzhen bourse.A total of 200 million yuan shall be recorded as Huaqiao Mining's registered capital, and the remaining 2.49 billion yuan shall be recorded as Huaqiao Mining's capital reserve.Shares of the new energy materials manufacturer declined 5% in recent trade.
Canmax Technologies' (SHE:300390) attributable profit surged nearly 16-fold in the first quarter of 2026 to 968.9 million yuan from 61.6 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share likewise grew to 1.17 yuan from 0.07 yuan a year prior.Revenue surged 90% to 3.2 billion yuan from 1.69 billion yuan, which the lithium-ion battery materials manufacturer attributed to higher sales and selling price of its products.Shares of the company jumped almost 12% in recent trade.
