Research Reports Gold Digging | Open Source Securities: First time give a "Buy" rating to Shengquan Group, growth of electronic special Resin and biomass is expected.

On January 15, Gelonghui reported that Kaineng Securities' Research Reports pointed out that Shengquan Group (605589.SH) is a champion enterprise in the synthetic Resin manufacturing industry. The company is focusing on creating an integrated Industry Chain of synthetic Resin and biomass chemical industries, and is a national champion demonstration enterprise in manufacturing (foundry auxiliary materials, phenolic Resin). The company has a forward-looking layout for polyphenylene oxide Resin (PPO), maleic anhydride Resin, hydrocarbon Resin, photoresist Resin, and photoresist, becoming an important supplier of electronic Resins for high-frequency and high-speed copper-clad laminates. The self-developed "Shengquan Method" biomass refining integrated technology has achieved straw.

Gelonghui FinanceJan 15 16:04 · Ratings

Express News | Institutions pay attention to these four stocks for the first time today.

BreakingsJan 14 22:25

Shengquan Group (605589): A champion enterprise in synthetic Resin, with promising growth in electronic special Resins and biomass.

A single champion enterprise in the synthetic Resin manufacturing industry, the company focuses on creating an integrated Industry Chain for synthetic Resin and biomass chemical industries with anticipated growth in electronic special Resins and biomass. It is a national manufacturing single champion demonstration enterprise (casting auxiliary materials, phenolic resin).

Open Source SecuritiesJan 14 16:17

Research Reports Gold Digging | HTSC: Maintain the "Shareholding" rating for Shengquan Group, increasing the performance forecast for 2024.

Gelonghui January 6th | HTSC Research Reports point out that Shengquan Group (605589.SH) has good sales of products such as phenolic resin and casting resin in 2024 due to downstream demand, and the biomass project is expected to complete its transformation in 2024, with overall Operation likely to improve further, raising the company's performance expectations for 2024. Considering the company's leading position in the Resin Industry and its continuous investment in fields such as porous carbon and electronic Chemicals, the rating is maintained as "Shareholding."

Gelonghui FinanceJan 6 16:38 · Ratings

Shengquan Group (605589): Sales of Resin products increased and new projects are progressing in an orderly manner.

The company's phenolic Resin, casting Resin and other products showed good sales in 2024 driven by downstream demand, and the biomass project completed its transformation in 2024. The overall Operation is expected to improve further, prompting us to adjust the company's performance expectations for 2024.

HTSCJan 5 00:00

Shengquan Group (605589.SH): has repurchased a total of 1.11% of its shares.

On January 2, Glonghui announced that Shengquan Group (605589.SH) repurchased a total of 9,369,967 shares through centralized bidding trading in December 2024, accounting for 1.11% of the company's current total share capital. The highest transaction price was 23.98 yuan per share, and the lowest transaction price was 22.98 yuan per share, with a total amount paid of 220,749,932.33 yuan (excluding stamp duty and transaction commission fees). As of the end of December 2024, the company had repurchased a total of 9,369,967 shares, accounting for 1.11% of the company's current total share capital.

Gelonghui FinanceJan 2 16:03