Zhengdan Co., Ltd. (300641.SZ) announced that the company's shares and convertible bonds will resume from the opening of the market on May 14, 2024...
Zhitong Finance App News, Zhengdan Co., Ltd. (300641.SZ) announced that trading of the company's shares and convertible bonds will resume from the opening of the market on May 14, 2024. During the suspension of trading, the company verified matters relating to abnormal fluctuations in stock and convertible bond transactions, and related self-inspection work was completed.
According to the announcement, the company's current production and operation situation is normal. Recently, due to changes in the relationship between market supply and demand, the market price of the main product, paraphthalic anhydride, has risen significantly, and the company's performance in the first quarter of 2024 increased significantly year-on-year. The company is concerned about recent market rumors circulating on platforms such as stock bars about Innix in the US permanently shutting down its paraphthalic anhydride production plant. Currently, the company has not directly received an announcement from Innix of the United States announcing the permanent discontinuation of production of the paraphthalic triacid anhydride production plant.