Express News | Samsung New Materials: Net profit increased 11.31% year-on-year in 2023
[BT Financial Report Momentary Analysis] Samsung New Materials 2023 Quarterly Report: Steady Growth in Performance and Significant Improvement in Cash Flow
Zhejiang Sanxing New Materials Co., Ltd. (stock code: 603578) is an enterprise focusing on the design, R&D, production and sales of glass doors and deep-processed glass products for low temperature storage equipment. The company uses a direct sales model to major customers in the refrigeration commercial appliance and home appliance industries. The products are widely used in various scenarios such as beverage cabinets, wine coolers, and freezers. With the acceleration of the urbanization process and the improvement of residents' living standards, the demand for cold chain equipment and low temperature storage equipment is increasing. Coupled with the increasing competitiveness of domestic home appliance companies, the overseas market share is expanding, bringing new opportunities for the development of Samsung's new materials. On the asset-liability side
Why Investors Shouldn't Be Surprised By Zhejiang Three Stars New Materials Co., Ltd.'s (SHSE:603578) 27% Share Price Plunge
Zhejiang Three Stars New Materials Co., Ltd. (SHSE:603578) shareholders that were waiting for something to happen have been dealt a blow with a 27% share price drop in the last month. Instead of be
Samsung New Materials (603578.SH): Received a government subsidy of 299.34,500 yuan
Gelonghui, January 2, 丨 Samsung New Materials (603578.SH) announced that from January 1, 2023 to December 31, 2023, the company and its holding subsidiaries received a total of 299.34,500 yuan in government subsidies related to revenue (this data has not been audited), accounting for 28.72% of the company's most recent audited net profit.
Samsung New Materials (603578.SH) plans to increase capital of subsidiary Guohua Jintai by 120 million yuan
Samsung New Materials (603578.SH) announced that in order to supplement the requirements for the holding subsidiary Guohua Jintai's photovoltaic glass project...
Samsung New Materials (603578.SH): Guohua Jintai plans to purchase no more than 272 acres of land use rights for no more than 54.4 million yuan
Gelonghui on December 11|Samsung New Materials (603578.SH) announced that Guohua Jintai (Shandong) New Materials Technology Co., Ltd. (hereinafter referred to as “Guohua Jintai”), a holding subsidiary holding 80% of the company's shares, plans to purchase land use rights covering a total area of no more than 272 acres in Lanling County, Linyi City, Shandong Province with its own or self-funded capital of no more than 54.4 million yuan. The project is to promote the company's medium- to long-term strategic development plan, further develop the production capacity of Guohua Jintai Photovoltaic Glass, a holding subsidiary of the company, and related businesses, expand the scale of production, and enhance the competitiveness of the industry. The proposed purchase of land use rights this time does not involve real estate
Samsung New Materials (603578.SH)'s fixed increase application was accepted by the Shanghai Stock Exchange
Samsung New Materials (603578.SH) announced that the company received the Shanghai Stock Exchange on December 7, 2023 (...
Samsung New Materials (603578.SH): Received a government subsidy of 14.391 million yuan
Gelonghui November 28 | Samsung New Materials (603578.SH) announced that from July 4, 2023 to November 27, 2023, the company and its holding subsidiary Guohua Jintai (Shandong) New Materials Technology Co., Ltd. (“Guohua Jintai”) received a total of 14.3901 million yuan in government subsidies related to revenue (this data has not been audited), accounting for 13.81% of the company's most recent audited net profit.
Samsung New Materials (603578.SH): The holding subsidiary plans not more than 1.8 billion yuan to determine the general contractor for the construction project
Gelonghui November 3: Samsung New Materials (603578.SH) announced that its holding subsidiary Guohua Jintai plans to determine the general contractor for the construction project with its own or self-funded capital of no more than 1.8 billion yuan. Guohua Jintai, a holding subsidiary holding 80% of the company's shares, now plans to identify the general contractor for the construction project. The purpose is to rapidly advance the implementation of the company's photovoltaic glass industry projects, help improve the company's comprehensive strength, and facilitate the company's long-term development.
Samsung New Materials (603578.SH) subsidiary plans to purchase photovoltaic glass and quartz sand production lines and supporting equipment for no more than 360 million yuan
Samsung New Materials (603578.SH) announced that Guohua Jintai (Shandong), a holding subsidiary holding 80% of the company's shares...
Samsung New Materials (603578.SH) released the first three quarter results, net profit of 120 million yuan, an increase of 28.93% over the previous year
Samsung New Materials (603578.SH) released its report for the first three quarters of 2023, with revenue of 734 million yuan, the same...
Three Stars New Materials General Manager, CFO Resign Shortly After Chairman's Exit
Less than a month after Zhejiang Three Stars New Materials' (SHA:603578) Chairman Yang Min resigned due to personal reasons, the company's general manager and chief financial officer followed suit, ci
Samsung New Materials (603578.SH) General Manager Yang Ah Yong and Finance Director Yang Peizhu Resign
Samsung New Materials (603578.SH) issued an announcement. The company's board of directors recently received Mr. Yang Ayong, general manager, finance...
Samsung New Materials (603578.SH): The first phase of the employee stock ownership plan is to raise no more than 35.2436 million yuan
Glonghui, Oct. 16丨Samsung New Materials (603578.SH) announced the first phase of the employee shareholding plan. The funding sources for this shareholding plan are employees' legal remuneration, self-financing, and funds obtained by other means permitted by laws and regulations. The total amount of self-funded capital raised by employees in this employee shareholding plan shall not exceed RMB 35.2436 million. Using “shares” as the subscription unit, each share is 1.00 yuan. The maximum number of shares in the current employee shareholding plan is 35,243,616. The initial number of copies a single employee subscribes to is 1 copy (that is, the subscription amount is 1.00 yuan), and a single employee must subscribe for a share that is an integer multiple of 1 yuan
Zhejiang Three Stars New Materials Chairman Steps Down; Shares Jump 4%
Yang Min resigned as chairman of Zhejiang Three Stars New Materials (SHA:603578) due to personal reasons, according to a filing on Friday. The Chinese glass door and massage chair manufacturer has yet
Yang Ayong, the main shareholder of Samsung New Materials (603578.SH), lifted the pledge of 9.1 million shares of the company
Samsung New Materials (603578.SH) announced that the company recently received a statement from Yang Ayong, a shareholder holding more than 5% of the company's shares...
Samsung New Materials (603578.SH): Chairman Yang Min resigns
GLONGHUI September 28丨Samsung New Materials (603578.SH) announced that the company's board of directors recently received a written resignation report from Mr. Yang Min, the company's chairman. Mr. Yang Min applied to resign as the company's chairman due to personal reasons, but he is still a director of the company. Until the board of directors elects a new chairman, Mr. Yang Min will continue to perform his duties as the company's chairman in accordance with relevant laws, administrative regulations and the “Articles of Association”. The company will complete the selection and recruitment of the new chairman as soon as possible in accordance with relevant regulations.
Samsung New Materials (603578.SH): The holding subsidiary plans to purchase land use rights for no more than 350 million yuan
Glonghui, September 22丨Samsung New Materials (603578.SH) announced that Guohua Jintai (Shandong) New Material Technology Co., Ltd. (“Guohua Jintai” for short), an 80% holding subsidiary of the company, plans to use no more than 350 million yuan of its own or self-funded capital to purchase land use rights of no more than 1,700 acres in Shangyan Town and Xinxing Town, Lanling County, Linyi City, Shandong Province. The project is based on a medium- to long-term strategic development plan. In order to further develop the company's holding subsidiary Guohua Jintai to develop production capacity for photovoltaic glass and related businesses, expand production scale, and enhance the competitiveness of the industry. The land to be purchased this time
Three Stars New Materials Changes Controlling Shareholder
Zhejiang Three Stars New Materials' (SHA:603578) controlling shareholder was changed to Jinxitai after its former controlling shareholders, Yang Min and Yang Ayong, transferred part of their shares to
Changes in A-shares 丨 Samsung New Materials fell back nearly 6% from a high level due to shareholders' holdings being reduced
GLONGHUI, September 6 | Samsung New Materials (603578.SH) has fallen back nearly 6% from a high level. It is currently reported at 16.53 yuan, and its total market value has fallen below 3 billion yuan. According to the latest disclosure, company executives Yang Min and Yang Ayong reduced their holdings of the company by a total of 255.25,500 shares, accounting for 14.1528% of the company's total share capital. Furthermore, the controlling shareholder of the company will be changed to Jinxitai Co., Ltd.
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