600596 Zhejiang Xinan Chemical Industrial Group

Everbright Securities: The high boom in the herbicide glyphosate continues and the tight balance between supply and demand favors industry leaders

The Zhitong Finance App learned that Everbright Securities released a research report stating that herbicides have the largest market share among pesticides in the world, and glyphosate is the largest single herbicide. Looking at herbicide segments, global sales of glyphosate reached US$5.251 billion in 2019, accounting for 18.1% of global herbicide sales. At the same time, the agricultural crop cultivation market in China is broad, but the penetration rate of genetically modified crops is still low. Continued promotion of genetically modified crops in the future will bring increased demand for glyphosate in China. Glyphosate is expected to maintain a tight pattern of supply and demand in the medium to long term. Leading companies in the industry rely on their costs, scale and

01-12 16:22

Is Weakness In Zhejiang Xinan Chemical Industrial Group Co.,Ltd (SHSE:600596) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) has had a rough month with its share price down 6.5%. However, a closer look at its sound financials might cause you to think again. Given t

01-10 07:05

Xinan Co., Ltd. (600596.SH): Executives such as Ren Weifan plan to reduce their holdings by no more than 1,885 million shares

Glonghui, January 9, 丨 Xinan Co., Ltd. (600596.SH) announced that the company recently received a “Notice of Intent to Reduce the Company's Stock Holdings” from Ren Weifan and other senior managers. Due to personal capital requirements, Ren Weifan and other senior managers plan to reduce their holdings by no more than 1,885 million shares through centralized bidding within the next 6 months from 15 trading days after the announcement was issued. The reduced shares will not exceed 0.1645% of the company's total share capital. The price of the holdings reduction will be determined according to the market price at the time of implementation of the holdings reduction.

01-09 17:10

Xinan Co., Ltd. (600596.SH) plans to acquire 55% of Jincan Technology's shares for 192 million yuan

According to the Zhitong Finance App, Xinan Co., Ltd. (600596.SH) announced that in order to further implement the company's strategic plan to expand into the new energy industry, the company plans to acquire 100% of the shares and assets of China Steel Thermal Energy Jincan New Energy Technology (Huzhou) Co., Ltd. (“Target Company” and “Jincan Technology” for short). Since China Steel Group Anshan Thermal Energy Research Institute Co., Ltd., the shareholder holding 45% of the shares of the target company, is state-owned, the company must wait for its share transfer to be approved by the relevant competent authority in accordance with regulations before participating in the public delisting of the shares transferred from the exchange. Therefore, the company plans to first acquire Hu Bo through its wholly-owned subsidiary Zhejiang Qiyuan New Materials Co., Ltd.

01-03 16:22

Xin'an shares: shares and assets of Jincan Technology proposed to be transferred at 190 million yuan

01-03 16:11

Zhejiang Xinan Chemical Industrial GroupLtd's (SHSE:600596) Earnings Growth Rate Lags the 21% CAGR Delivered to Shareholders

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For i

12-23-2022 10:25:41

These 4 Measures Indicate That Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how

12-08-2022 09:10:52

Individual Investors Invested in Zhejiang Xinan Chemical Industrial Group Co.,Ltd (SHSE:600596) Copped the Brunt of Last Week's CN¥665m Market Cap Decline

To get a sense of who is truly in control of Zhejiang Xinan Chemical Industrial Group Co.,Ltd (SHSE:600596), it is important to understand the ownership structure of the business. And the group that

11-23-2022 08:35:42

Concept tracking | Polysilicon devices are being put into operation one after another, and the mismatch between supply and demand of silicon hydrochloride is difficult to mitigate, and the high boom is expected to continue (with concept stocks)

The Zhitong Finance App learned that recently, a number of listed companies with silicon trichloride production capacity revealed the latest developments in related projects. Some companies have indicated that they will rationally plan hydrogen chloride production capacity based on their own strategies, market conditions, etc. For example, on October 14, Hongbai New Materials announced that the company plans to invest 5.2 billion yuan in Ruichang Wharf Industrial City to build a “green new material recycling industry project” and increase the layout of high-value-added products such as photovoltaic-grade hydrochlorosilicon and electronic-grade silane. On November 13, Sanfu Co., Ltd. announced that the company's new “50,000 tons of silicon hydrochloride project per year” was successfully launched and the project has entered the trial production stage. Multiple computers

11-17-2022 08:25:16

Concept tracking | the outbreak of polysilicon demand promotes the price rise of trichlorosilane. It is expected that the high momentum will last until the second quarter of next year (with concept stocks).

Zhitong Financial APP learned that polysilicon projects under construction have entered a period of intensive production, and the photovoltaic grade trichlorosilicon industry, as one of the core raw materials, continues its high demeanor. Recently, Sanfu shares, Hongbai new materials, Xin'an shares and other listed companies with trichlorosilicon production capacity have "posted" good results in the first three quarters. With the continued prosperity of the industry and the launch of new production capacity, the results of related companies in the fourth quarter of this year are also worth looking forward to. CITIC said that according to the polysilicon manufacturers' production expansion plan, the fourth quarter of this year and the second quarter of next year will usher in a period of intensive release of silicon capacity, and there may be a temporary supply gap of photovoltaic grade trichlorosilicon.

11-08-2022 10:20:17