002601 LB Group Co., Ltd.
- 18.94
- -0.24-1.25%
LB Group Co., Ltd. News
lb group co., ltd. (002601): the repurchase of shares demonstrates confidence in investment and construction of new materials for vanadium and scandium.
Subject: Event: On June 17, 2024, the board of directors of LB Group Co., Ltd. approved a stock repurchase plan, which plans to use its own funds to repurchase the company's issued Renminbi ordinary shares (A-shares) through centralized bidding trading.
Express News | LB Group Co., Ltd. invested 1.08 billion yuan to build a vanadium and niobium new materials industrial park.
LB Group Co., Ltd. (002601.SZ) plans to spend 100 million to 200 million yuan to repurchase company shares.
On June 17th, GeLongHui reported that LB Group Co., Ltd. (002601.SZ) plans to repurchase the RMB ordinary shares (A shares) issued by the company. The funds repurchased will be used to implement stock-based incentives or employee shareholding plans. The total amount of funds for the repurchase of shares will not be less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive). The specific amount of funds for the repurchase of shares will be determined based on the actual amount of funds used for the repurchase when the repurchase period expires. The price for the repurchase of shares shall not exceed RMB 32.10 per share (inclusive). The implementation period for the planned repurchase will start when it is approved by the board of directors.
Express News | Dragon and Tiger list|LB Group Co., Ltd. fell more than 8% with heavy trading volume, intense games among institutions.
Research Report Nuggets丨Great Wall Securities: Maintaining Longbai Group's “buy” rating, it is expected to gradually expand its market share based on its competitive advantage
Gelonghui, May 30 | Great Wall Securities Research Report indicates that Longbai Group's (002601.SZ) performance is gradually recovering, and they are optimistic about the company's leading position in the titanium dioxide industry. As the competitiveness of the domestic titanium dioxide industry increases, the export share is expected to expand further in the future, and domestic small to medium production capacity will gradually be cleared under energy consumption requirements. As a leading titanium dioxide company with technical advantages, the company is expected to gradually expand its market share with its competitive advantage. We are optimistic about the company's layout and production capacity advantages in the middle and high-end sponge titanium field. It is expected that the company's titanium sponge sector will achieve performance growth amid rising demand. Optimistic about the implementation and completion of the project, and anticipate
Longbai Group (002601): The gradual restoration of the company's performance is optimistic about the company's leading position in the titanium dioxide industry
Incident: On April 24, 2024, Longbai Group released its 2023 annual report. The company's revenue for 2023 was 26.765 billion yuan, up 11.00% year on year; net profit to mother was 3.226 billion yuan, same
Research Report | Guotai Junan: Longbai Group has the largest titanium dioxide production capacity in the world, with outstanding resource advantages
Gelonghui, May 28 | According to Guotai Junan Research Report, Longbai Group (002601.SZ) has a titanium dioxide production capacity of 1.51 million tons/year, which is the largest in the world, has outstanding resource advantages, and supports an annual production capacity of over one million tons of titanium concentrate. According to annual report data estimates, the company's titanium dioxide has an outstanding cost advantage, which exceeds 1,000 yuan all year round. In terms of growth, the company's Fengyuan technical improvement project continues to advance. The downstream of the titanium dioxide terminal is in the real estate and industrial sector. It is believed that with the implementation of local policies, domestic demand may gradually improve over time. Referring to comparable companies, the PE valuation was given 14.96 times in 24 years, and the target price was raised to 28.34 yuan (
Longbai Group (002601): Foreign demand increased year-on-year in April, and resources continued to grow
Guide to this report: The industry's titanium dioxide exports increased year-on-year in April. The company's resource and cost advantages were obvious, and it maintained an increase in holdings rating. Investment Essentials: Maintaining an “Overweight” rating. Maintain 24-25 EPS at 1.70 and 1.89 yuan, new
Longbai Group (002601.SZ) equity distribution for the first quarter: 6 yuan for every 10 shares
Longbai Group (002601.SZ) issued an announcement. The company's equity distribution plan for the first quarter of 2024 is: to the public...
Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target Is 30.59 Yuan
02:49 AM EDT, 05/22/2024 (MT Newswires) -- Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target is 30.59 Yuan Price (RMB): ¥22.08, Change: ¥-0.39, Percent Change: -1.74%
Longbai Group (002601) 2023 Report 2024 Quarterly Report Comment: Q1 performance exceeded expectations and deeply benefited the titanium dioxide export chain
Matters: The company released its 2023 annual report & 2024 quarterly report. In 2023, it achieved revenue of 26.765 billion yuan, +11% year over year; net profit to mother of 3.26 billion yuan, -5.64% year on year, of which 20
Express News | Oriental Zirconium Industry: The actual controller, Mr. Xu Gang, passed away
Express News | Longbai Group: Mr. Xu Gang, the controlling shareholder, actual controller and honorary chairman, passed away
Longbai Group (002601): Revenue achieved positive year-on-year growth in 2023 and actively increased the self-sufficiency rate of titanium concentrate
Revenue increased year-on-year in 2023, and production and sales of titanium dioxide and titanium sponge reached new highs. In 2023, the company achieved operating income of 26.765 billion yuan, a year-on-year increase of 11.00%; net profit to mother was 3.26 billion yuan, year-on-year
Longbai Group (002601.SZ): Sale and termination of shares in the second phase of the Employee Stock Ownership Plan
Gelonghui, May 10, 丨 Longbai Group (002601.SZ) announced that the company implemented the second phase of the employee stock ownership plan in 2019. The lockdown period for the second phase of the employee stock ownership plan expired on June 6, 2020, and the original term expired on May 30, 2022. The duration period was extended twice in 2022 and 2023 (each time extended by one year), and the period will expire on May 30, 2024. As of the announcement date, the company shares held in the second phase of the company's employee stock ownership plan have been sold.
Longbai Group (002601): First-quarter results improved significantly year-on-year, and the prosperity of the titanium industry continued to improve
Description of the incident On the evening of April 23, 2024, Longbai Group released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 26.794 billion yuan, an increase of 10.93% over the previous year; net return to mother
Longbai Group (002601): Maintaining a high level of titanium dioxide prices drives high growth in the company's performance
The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 26.765 billion yuan, an increase of 11% over the previous year, and realized net profit of 3.226 billion yuan, a year-on-year decrease of 5.64%
Longbai Group (002601): Annual production and sales of titanium dioxide reached a new high, and the equity incentive target was successfully achieved
Incident: The company released the 2023 report and the 2024 quarterly report. In 2023, the company achieved operating income of 26.765 billion yuan (+11.00% year over year) and net profit to mother of 3.226 billion yuan (-5.64% year over year)
Longbai Group (002601.SZ): The total number of shareholders of the company as of April 19, 2024 was 99,962
Gelonghui, April 30 | Longbai Group (002601.SZ) said on the investor interactive platform that as of April 19, 2024, the total number of shareholders of the company was 99,962.
Longbai Group (002601.SZ): In 2023, the company produced 1.1914 million tons of titanium dioxide and sold 1.158,900 tons of titanium dioxide
Gelonghui, April 30 | Longbai Group (002601.SZ) said on the investor interactive platform that the company's titanium dioxide products are all pigment-grade titanium dioxide. In 2023, the company produced 1.1914 million tons of titanium dioxide, sold 1.158,900 tons of titanium dioxide, and the revenue of titanium dioxide was 17.768 billion yuan, accounting for 66.38% of the company's revenue.
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