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Zhongjuxin (688549): A leading provider of electronic chemical materials in China, waiting for capacity ramp-up and performance release.
The company is a leading domestic provider of electronic chemicals materials, with a rich product range, forming a complete product matrix of electronic wet chemicals + electronic specialty gases + precursor materials. The company seizes high-quality customer resources, consolidates its advantage position through orderly expansion of production.
Zhongjuxin (688549.SH): intends to use raised funds to make contributions and increase capital to wholly-owned subsidiaries.
Gelonghui November 7th | Zhongjuxin (688549.SH) announced that, based on changes in domestic and foreign markets and customer demands, combined with the company's future development plans, and in order to improve the efficiency of capital use, part of the 'Zhongjuxin Qianjiang Annual Production of 0.196 million tons of ultra-pure electronic chemicals project' in the second phase is planned to no longer use the raised funds for investment. The company plans to invest the unused raised funds of 692 million yuan in the '0.1007 million tons/year electronic wet chemicals capacity expansion and transformation project', 'Advanced electronic chemical materials project for integrated circuit (phase one)', and 'Annual production of electronic grade sulfuric acid supporting 10 tons.'
ZTE Microelectronics (688549.SH): It plans to use the oversubscribed funds of 90 million yuan to permanently supplement working capital.
GeLongHui November 7th | Zhongjuxin (688549.SH) announced that on November 7, 2024, the company held the twenty-ninth meeting of the first session of the board of directors and the fifteenth meeting of the first session of the board of supervisors, and approved the "Proposal on the Permanent Supplementary Working Capital with Part of the Oversubscribed Funds", agreeing that the company, under the premise of ensuring the capital needs of the fundraising investment projects and normal operations, will permanently supplement working capital with 90 million yuan of oversubscribed funds, used for the company's daily operational expenses. The proportion of this partial use of oversubscribed funds for permanent supplementary working capital to the total oversubscribed funds is 29.34%.
Express News | ZTE: The inquiry transfer price is 6.88 yuan per share.
Express News | Zhongjuxin: Shareholder Yuanzhifu Sea intends to transfer 1.77% of the company's shares.
Zhongju Core (688549): Acquisition of HERAEUS to layout semiconductor high-purity quartz materials. The future is promising for the one-stop service platform of electronic wet chemicals, electronic special gases, and precursors.
On October 24th, the company released the third quarter report for 2024. In the first three quarters of 24, the company achieved revenue of 0.749 billion yuan, +15.47% year-on-year; achieved a net income attributable to the parent company of 0.03 billion yuan, +5.
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