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Express News | Shengtak New Materials: signed a daily operation contract of 0.132 billion yuan
Shengtak new materials (300881.SZ): signed a 0.132 billion yuan metal materials procurement contract with Dongfang Boiler.
On December 3, Gelonghui reported that shengtak new materials (300881.SZ) announced that recently, the company signed a "metal materials procurement contract" with Dongfang Electric Corporation Group Dongfang Boiler Co., Ltd. (hereinafter referred to as "Dongfang Boiler" or "buyer"). According to the contract, Dongfang Boiler will purchase alloy steel pipes from the company totaling 132.3931 million yuan (including tax).
A-share steel sector started trading lower on the plate.
Geronghui on October 29th | shengtak new materials fell more than 5%, jiang su wujin stainless steel pipe group, xining special steel, sansteel minguang, shandong iron and steel and other stocks fell more than 3%.
Express News | Shengtak New Materials: Intends to acquire 17% equity of Jiangsu Ruimei with 74.8 million yuan.
Shengde Xintai: Report for the third quarter of 2024
The demand for ultra-supercritical coal-fired power units in the downstream continues to grow. Shengtak New Materials' Q3 performance doubles interpretations.
① shengtak new materials' performance in the first three quarters increased by 166.30% year-on-year, and the company's performance in the third quarter increased by 231.61% year-on-year, with performance growth continuing to rise. ② Company officials stated that the main reason for the performance growth is the demand from the downstream thermal power boiler market. Currently, the company's orders are sufficient, and the inclusion of Jiangsu Ruimei is also one of the reasons for the performance growth.