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Express News | Summary of Shareholding changes on December 25.
Hengyi Petrochemical (000703.SZ): The controlling shareholder intends to provide the company with a funding support of 1 billion yuan.
On December 23, Gelonghui reported that Hengyi Petrochemical (000703.SZ) announced that in order to support the production and operation activities of the company's various Business sectors and to enhance the overall operational efficiency of the company, the controlling Shareholder Zhejiang Hengyi Group Co., Ltd. (hereinafter referred to as 'Hengyi Group') and its subsidiaries plan to provide a total of 1000 million yuan in short-term liquidity support to the company and its subsidiaries. The annual interest rate for the fund support will be based on the latest one-year Loan Prime Rate (LPR) published by the National Interbank Funding Center authorized by the People's Bank of China at the time of the loan. The term is 12 months, and interest from the actual transfer.
Express News | The leading polyester filament producer responds to rumors of joint production cuts: there are currently no plans.
Express News | Agricultural Bank Of China: Has submitted Share Buyback Shareholding loan applications for over 30 enterprises.
Express News | hengyi petrochemical established a resource recycling company in Zhejiang with a registered capital of 0.1 billion.
Hengyi Petrochemical (000703) company dynamics research: Qinzhou nylon project is progressing in an orderly manner, share buybacks demonstrate confidence.
Investment highlights: Crude oil prices fluctuated, partially dragging down Q3 performance. Phase one in Brunei achieved full production in 2024 Q3, with the company achieving revenue of 30.051 billion yuan, a year-on-year decrease of -7.162 billion yuan and a quarter-on-quarter decrease of -3.058 billion yuan; achieving
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