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Stanley Agriculture Group (002588.SZ): At present, Stanley's new materials company in Songzi does not produce sulfides or sulfur products.
Gelonghui November 25th | Stanley agriculture group (002588.SZ) stated on the investor interaction platform that Songzi Stanley new materials company currently has no sulfides or sulfur products, the major shareholder currently does not hold sulfur mines, and the controlling shareholder's phosphorus mines currently have no plan to be injected into the listed company.
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Stanley Agriculture Group (002588) company dynamics research: Raw material price decline affects Q3 profits, bullish on the increase in compound fertilizer production and profits.
Investment Highlights: The decline in raw material prices affects profits, with performance under pressure in Q3 2024. On October 19, 2024, Stanley Agriculture Group announced its third-quarter report for 2024: the company achieved revenue of 78 million in the first three quarters of 2024.
Stanley Agriculture Group (002588.SZ): Currently, there is sufficient phosphate ore reserves, and the possibility of a significant increase in phosphate ore prices in the fourth quarter is not high.
Stanley (002588.SZ) recently held a performance exchange telephone conference to determine the possibility of future phosphate ore price increases. In the short term, the company stated that the overall fertilizer industry is balanced, domestic demand is stable, phosphate ore reserves are sufficient, and there is not a high likelihood of a significant increase in phosphate ore prices in the fourth quarter. In the long term, from 2025 to 2026, phosphate ore prices may change due to the release of new production capacity.
Stanley Agriculture Group (002588.SZ): Chengde Lihe Feeding Industry achieved revenue of approximately 0.88 billion yuan in the first three quarters, a year-on-year increase of about 41%.
On October 22nd, Stanley Agriculture Group (002588.SZ) recently held a performance exchange conference call to discuss 'How is the operation of the Chengde Lihe Feeding operation?' The company stated that the operation of Chengde Lihe Feeding this year is stable, with revenues of approximately 0.88 billion yuan in the first three quarters, an increase of about 41% year-on-year, and a net income of approximately 45 million yuan, which is basically flat year-on-year.
stanley agriculture group (002588.SZ): The refined phosphoric acid and iron phosphate production facilities are expected to be put into operation around the end of October to November.
Gelonghui 22nd October │ Stanley Agriculture Group (002588.SZ) recently held a performance exchange conference call to discuss 'How is the construction and production situation of the new project at Hubei Songzi New Materials Company?' The company stated that the main production facilities of the Songzi New Materials Company, including ore dressing, sulfuric acid, phosphoric acid, and ammonium phosphate, were put into operation in the middle of this year. Currently, the production load is around 50%, and the refined phosphoric acid and iron phosphate units are expected to be put into operation around the end of October to November. The ore dressing unit, sulfuric acid production unit, and phosphoric acid production unit are all operating at approximately 50% capacity, with phosphoric acid not fully opened, concentrated acid not opened, and some residual steam remaining after being used for waste heat power generation, and additionally.
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