Sifang New Materials (605122.SH): An agreement has been reached regarding the settlement of claims and debts with Hongrun Construction.

On December 24, Gelonghui reported that Sifang New Materials (605122.SH) announced that the company has reached an agreement with Chongqing Hongrun Construction Group Co., Ltd. (hereinafter referred to as “Hongrun Construction”) and the issuer of its endorsed notes, Chongqing Xingjie Real Estate Co., Ltd. (hereinafter referred to as “Xingjie Real Estate”), regarding the settlement of debts between the company and Hongrun Construction. The assets, including properties that Hongrun Construction and Xingjie Real Estate have the right to dispose of, are valued at 14.9925 million yuan to offset the same amount of Commodity concrete payment owed by Hongrun Construction to the company (the aforementioned transaction is referred to as “debt restructuring”).

Gelonghui FinanceDec 24 17:31

Sifang New Materials (605122.SH): The company's operation is normal, and the cash flow situation is good.

Gelonghui November 7th | Sifang New Materials (605122.SH) stated at the performance briefing that the company is operating normally, and the cash flow situation is good. During the industry downturn, there is a certain pressure on accounts receivable, but the company actively communicates with customers to recover the payments, while accelerating the collection of accounts receivable through methods such as collection and lawsuits.

Gelonghui FinanceNov 7 16:03

Chongqing Sifang New Materials Co., Ltd. Report for the Third Quarter of 2024

SZSIOct 30 00:00 · Announcements

Sifang New Materials (605122.SH): The net income in the first three quarters is approximately 10.88 million yuan, a year-on-year increase of 114.45%.

On October 29, GeLongHui reported that Four-Faith New Materials (605122.SH) announced that its revenue in the first three quarters of 2024 was approximately 1.026 billion yuan, a decrease of 29.73% year-on-year; the net income attributable to shareholders of the listed company was approximately 10.88 million yuan, an increase of 114.45% year-on-year; and the basic earnings per share was 0.06 yuan.

Gelonghui FinanceOct 29 22:19

Express News | Sifang New Materials: There is no significant information that the company should disclose but has not disclosed.

BreakingsOct 16 19:07

Chongqing Sifang New Materials Co., Ltd. Production Report for the Third Quarter of 2024

SZSIOct 16 00:00 · Announcements