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SHE:300806

5 stories mentioning SHE:300806Updated just now

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Asia

Sidike New Materials to Invest 1.65 Billion Yuan in Project Expansion; Shares Down 3%

Jiangsu Sidike New Material Technology (SHE:300806) plans to invest about 1.65 billion yuan in an expansion project producing 103,000 tons annually of high-end functional BOPET base film.The project has a 1.5-year construction period, according to a Thursday filing with the Shenzhen bourse.The investment requires shareholder approval and other relevant procedures.Shares of the manufacturer of general protective materials and adhesive products slid 3% in recent trade.

SHE:300806
Asia

Jiangsu Sidike New Materials' Officials Buy Shares Worth 35 Million Yuan; Shares Rise 6%

Jiangsu Sidike New Materials Science & Technology's (SHE:300806) four officials completed the purchase of 806,880 shares for up to 35 million yuan, according to a Wednesday filing with the Shenzhen bourse.Director Yang Bi and CFO Wu Jiang bought shares worth about 12.5 million yuan each, while vice managers Wang Chao and Jiang Zhangjian purchased about 5 million yuan each.Shares in the multifunctional coating composite materials maker rose 6% during afternoon trading on Wednesday.

SHE:300806
Asia

Jiangsu Sidike New Materials Science & Technology Terminates Investment in Partnership

Jiangsu Sidike New Materials Science & Technology (SHE:300806) terminated its investment in a consultancy partnership, according to a Tuesday after-hours filing with the Shenzhen Stock Exchange.The listed company agreed to invest up to 16.5 million yuan, equivalent to a 23.5614% stake, as a limited partner.The termination is based on prudential risk management and resource optimization, according to the filing.Company shares rose nearly 1% during afternoon trading on Wednesday.

SHE:300806
Asia

Jiangsu Sidike New Materials Establishes Shanghai Subsidiary

Jiangsu Sidike New Materials Science & Technology (SHE:300806) established a wholly-owned subsidiary, Sidike Shanghai New Material Technology, with registered capital of 10 million yuan, according to a Tuesday filing with the Shenzhen bourse.The unit will focus on new material research and development, electronic special materials, membrane materials, and technical services.Sidike Shanghai New Material Technology has completed its registration procedures and received its business license from the Shanghai Xuhui District Market Supervision Administration.Shares of the manufacturer of general protective materials and adhesive products rose 3% in recent trade.

SHE:300806
Asia

Jiangsu Sidike New Materials Science & Technology Invests 565 Million Yuan in Film Production Plant

Jiangsu Sidike New Materials Science & Technology (SHE:300806) is investing 565 million yuan to build an annual 1.2 billion-square-meter high-end MLCC release film production facility in Jiangsu, China.The project aims to boost mid-to-high-end capacity to 80% of total output, with ultra-high-end products under 1 micrometer exceeding 10% of capacity, according to a Tuesday filing with the Shenzhen bourse.Shares of the manufacturer of general protective materials and adhesive products declined 1% in recent trade.

SHE:300806

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