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Lido New Materials: No downward revisions to the “Ridao Bonds” conversion price
Jiangsu Lidao New Materials Co., Ltd. announced that it was reviewed and approved by the 3rd meeting of the 5th board of directors of the company, and the board of directors of the company decided not to exercise the right to revise the “Lidao Bonds Transfer” share conversion price downward. After the date of review and approval by the board of directors (starting from May 17, 2024, the calculation will begin again. If the “Lido Convertible Bonds” conversion price conditions are triggered again, the board of directors of the company will meet again at that time to consider whether to exercise the right to revise the “Lidao Bonds” conversion price downward.
Lidao New Materials (603937.SH): As of May 10, 2024, the number of shareholders of the company was 14,592
Gelonghui, May 13 | Lidao New Materials (603937.SH) said on the investor interactive platform that as of May 10, 2024, the number of shareholders of the company was 14,592.
Lidao New Materials: “Ridao Bonds Transfer” began stock conversion on May 21
According to the Lidao New Materials announcement, the “Lidao Bonds” conversion date is from May 21, 2024 to November 14, 2029, at a conversion price of 13.01 yuan/share.
We Think That There Are More Issues For Jiangsu Lidao New Materials (SHSE:603937) Than Just Sluggish Earnings
The subdued market reaction suggests that Jiangsu Lidao New Materials Co., Ltd.'s (SHSE:603937) recent earnings didn't contain any surprises. Our analysis suggests that along with soft profit numbers
Lidao New Materials (603937.SH) reported first-quarter results, net profit of 1.157,800 yuan, a year-on-year decrease of 92.10%
According to Zhitong Finance App, Lidao New Materials (603937.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 309 million yuan, a year-on-year decrease of 16.59%; net profit attributable to shareholders of listed companies was 1.157,800 yuan, a year-on-year decrease of 92.10%; net profit attributable to shareholders of listed companies deducted non-recurring profit and loss of 1091,000 yuan, a year-on-year decrease of 99.22%; basic earnings per share were 0.01 yuan/share.
The non-ferrous aluminum sector bucked the trend. Starfish shares fell more than 8%, Shenhuo shares fell more than 5%, and Jiaozuo Wanfang, Yunlu shares, and Lidao New Materials generally fell.
The non-ferrous aluminum sector bucked the trend. Starfish shares fell more than 8%, Shenhuo shares fell more than 5%, and Jiaozuo Wanfang, Yunlu shares, and Lidao New Materials generally fell.
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