002601 LB Group Co., Ltd.
- 18.45
- -0.49-2.59%
LB Group Co., Ltd. News
Express News | Lb Group Says It Plans to Buy Back Company Shares Worth 100-200 Mln Yuan Within 12 Months
LB Group Co., Ltd. (002601.SZ) plans to invest 1.08 billion yuan in the construction of a scandium and vanadium new materials industrial park project.
LB Group Co., Ltd. (002601.SZ) announced on June 17th that in order to further expand and strengthen the scandium and vanadium industry, and strengthen the company's industrial chain advantage in scandium, vanadium, and battery materials, the company or its holding subsidiary, Hunan Oriental Scandium Co., Ltd. (referred to as "Hunan Donggan") or its subordinate subsidiary (including newly established subsidiaries of Hunan Donggan), will invest RMB 1.08 billion to build the scandium and vanadium new materials industrial park project, with a construction period of 5 years.
Express News | Lb Group Says Unit Plans to Invest 1.1 Bln Yuan to Set up Scandium Vanadium New Material Industrial Park Project
LB Group Co., Ltd. (002601.SZ) plans to spend 100 million to 200 million yuan to repurchase company shares.
LB Group Co., Ltd. (002601.SZ) announced on June 17th that the company intends to repurchase the RMB ordinary shares (A shares) issued by the company, which will be used to implement stock-based incentives or employee stock ownership plans. The total amount of funds for the repurchase of shares this time is no less than RMB 100,000,000.00 (inclusive) and no more than RMB 200,000,000.00 (inclusive). The specific total amount of funds for the repurchase of shares shall be based on the actual total amount of funds used for the repurchase at the expiration of the repurchase period. The price for the repurchase of shares this time is no more than RMB 32.10 per share (inclusive). The implementation period for the repurchase of proposed shares will be reviewed and approved by the board of directors.
LB Group Co., Ltd.'s (SZSE:002601) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
LB Group (SZSE:002601) has had a great run on the share market with its stock up by a significant 11% over the last three months. Since the market usually pay for a company's long-term fundamentals,
Read This Before Considering LB Group Co., Ltd. (SZSE:002601) For Its Upcoming CN¥0.60 Dividend
It looks like LB Group Co., Ltd. (SZSE:002601) is about to go ex-dividend in the next day or so. The ex-dividend date is one business day before the record date, which is the cut-off date for shareho
At CN¥22.13, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?
While LB Group Co., Ltd. (SZSE:002601) might not have the largest market cap around , it saw a significant share price rise of 26% in the past couple of months on the SZSE. The recent jump in th
Longbai Group (002601.SZ) equity distribution for the first quarter: 6 yuan for every 10 shares
Longbai Group (002601.SZ) issued an announcement. The company's equity distribution plan for the first quarter of 2024 is: to the public...
Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target Is 30.59 Yuan
02:49 AM EDT, 05/22/2024 (MT Newswires) -- Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target is 30.59 Yuan Price (RMB): ¥22.08, Change: ¥-0.39, Percent Change: -1.74%
Longbai Group (002601.SZ): Honorary Chairman Xu Gang passed away
Gelonghui, May 21丨Longbai Group (002601.SZ) announced that the board of directors made a painful announcement. The company received a notice from the family of Mr. Xu Gang, the controlling shareholder, actual controller and honorary chairman of the company. Mr. Xu Gang unfortunately passed away on May 20, 2024 due to ineffective medical treatment, at the age of 61. Mr. Xu Gang directly holds 626,515,969 shares of the company, accounting for 26.25% of the company's total shares. He is the controlling shareholder and actual controller of the company. The company shares held by Mr. Xu Gang will go through succession procedures in accordance with laws and regulations, and the company will promptly fulfill its obligation to disclose information according to the progress of subsequent matters
Longbai Group (002601.SZ): Sale and termination of shares in the second phase of the Employee Stock Ownership Plan
Gelonghui, May 10, 丨 Longbai Group (002601.SZ) announced that the company implemented the second phase of the employee stock ownership plan in 2019. The lockdown period for the second phase of the employee stock ownership plan expired on June 6, 2020, and the original term expired on May 30, 2022. The duration period was extended twice in 2022 and 2023 (each time extended by one year), and the period will expire on May 30, 2024. As of the announcement date, the company shares held in the second phase of the company's employee stock ownership plan have been sold.
Insiders Were the Key Beneficiaries as LB Group Co., Ltd.'s (SZSE:002601) Market Cap Rises to CN¥52b
Key Insights LB Group's significant insider ownership suggests inherent interests in company's expansion The top 7 shareholders own 51% of the company Institutions own 12% of LB Group To get a s
Longbai Group (002601.SZ): The total number of shareholders of the company as of April 19, 2024 was 99,962
Gelonghui, April 30 | Longbai Group (002601.SZ) said on the investor interactive platform that as of April 19, 2024, the total number of shareholders of the company was 99,962.
Longbai Group (002601.SZ): In 2023, the company produced 1.1914 million tons of titanium dioxide and sold 1.158,900 tons of titanium dioxide
Gelonghui, April 30 | Longbai Group (002601.SZ) said on the investor interactive platform that the company's titanium dioxide products are all pigment-grade titanium dioxide. In 2023, the company produced 1.1914 million tons of titanium dioxide, sold 1.158,900 tons of titanium dioxide, and the revenue of titanium dioxide was 17.768 billion yuan, accounting for 66.38% of the company's revenue.
LB Group Co., Ltd.'s (SZSE:002601) Earnings Are Not Doing Enough For Some Investors
LB Group Co., Ltd.'s (SZSE:002601) price-to-earnings (or "P/E") ratio of 13.6x might make it look like a strong buy right now compared to the market in China, where around half of the companies have P
LB Group's Q1 Profit Jumps 64%, Operating Income Rises 5%
LB Group's (SHE:002601) attributable profit rose 64% to 951.1 million yuan in the first quarter from 579.4 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock
Chinese Shares Rise on Positive Outlook From Goldman Sachs, UBS; LB Group Up 7% on Titanium Asset Investment
Chinese shares closed higher on Wednesday on upbeat sentiment fueled by positive outlooks from major investment banks Goldman Sachs and UBS The Shanghai Composite Index rose 0.8%, or 22.84 points, to
LB Group to Acquire 20% of Henan Zhongyuan Titanium for 50 Million Yuan; Shares Up 6%
LB Group (SHE:002601) will acquire 20% of Henan Zhongyuan Titanium for 50 million yuan, the company said in its Monday disclosure on the Shenzhen Stock Exchange. The Chinese chemical manufacturer will
Longbai Group (002601.SZ) announced its 2023 annual results. Net profit of 3.26 billion yuan decreased by 5.64% year-on-year
Longbai Group (002601.SZ) released the 2023 annual results report. The company achieved operating income during the reporting period...
LB Group Co., Ltd.'s (SZSE:002601) Intrinsic Value Is Potentially 51% Above Its Share Price
Key Insights The projected fair value for LB Group is CN¥29.84 based on 2 Stage Free Cash Flow to Equity Current share price of CN¥19.78 suggests LB Group is potentially 34% undervalued Analyst p
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