Sinochem International Corporation (600500.SH): The company has not produced Carbon Fiber.

On February 14, Gelonghui reported that Sinochem International Corporation (600500.SH) stated on the investor interaction platform that the company does not produce Carbon Fiber. In the field of high-performance fibers, the company has actively laid out the development of the aramid Industry Chain in recent years. After years of independent innovation and research and development, it has successfully broken the foreign monopoly and addressed the "supply shortfall" issue in China's aramid industry. Particularly, in regard to high-strength and high-modulus aramid products, the company achieved a key technological breakthrough in 2022 and successfully realized domestic substitution. Currently, the company's 5,500 tons/year aramid production unit is operating at full capacity, and the recent expansion project of 2,500 tons/year has successfully commenced operation, now established.

Gelonghui FinanceFeb 14 16:25

Sinochem International 2024 Annual Results Forecast

SZSIJan 18 00:00 · Announcements

Sinochem International Corporation (600500.SH): It is expected to have a net loss of 2.285 billion yuan to 2.856 billion yuan in 2024.

On January 17, Gelonghui reported that Sinochem International Corporation (600500.SH) announced that, based on preliminary estimates, the company expects a Net income attributable to shareholders of the parent company for the fiscal year 2024 to be between -2,284.7 million yuan to -2,855.87 million yuan; the Net income attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between -3,085.68 million yuan to -3,857.1 million yuan. The overall recovery of the Global economy in 2024 is expected to be sluggish, with weakened recovery in overseas manufacturing and Consumer sectors. Geopolitical conflicts, uncertainties in trade policies of various countries, and inflationary pressures remain destabilizing factors in the recovery of the Global economy and trade.

Gelonghui FinanceJan 17 19:36

Express News | Sinochem International Corporation: It is expected that the net income for the year 2024 will be a loss of 2.285 billion to 2.856 billion yuan.

BreakingsJan 17 18:40

Sinochem International Corporation (600500.SH): Currently, the company's 5,500 tons/year meta-aramid production line is running at high capacity.

On December 12, Glonghui reported that Sinochem International Corporation (600500.SH) stated on the investor interaction platform that in recent years, the company has continuously focused on the core business of Chemical New Materials, driven by technological innovation, and has put emphasis on building the core Industry Chain of epoxy Resin, polymer additives, engineering Plastics, and specialty fibers. Currently, the company’s 5,500 tons/year para-aramid production line is running at high capacity, and the market coverage rate of high-strength and high-modulus products is gradually increasing, while the construction of a 2,500 tons/year para-aramid expansion project is being promoted in an orderly manner as planned. Currently, the quality and process technology of the company's ordinary, high-strength, and high-modulus products have reached an internationally advanced level and have entered all.

Gelonghui FinanceDec 12, 2024 17:46

Sinochem International Corporation (600500.SH): This year, the company has launched epoxy Resin for hydrogen storage cylinders to meet the technical needs of hydrogen Fuel Cell Autos.

On December 12, Gelonghui reported that Sinochem International Corporation (600500.SH) stated on the investor interaction platform that the company's Resin Business focuses on upgrading the product structure of epoxy resin and customer solutions, continuously enhancing the development and sales efforts of specialty resin to meet the diverse needs of customers. This year, the company has aligned with the technological requirements of hydrogen Fuel Cell Energy Autos and launched epoxy resin for hydrogen storage cylinders, while also accelerating the development of system materials for wind power, and is currently collaborating with leading downstream manufacturers.

Gelonghui FinanceDec 12, 2024 17:42