301395 Renxin New Material
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Renxin New Material News
Renxin New Materials (301395.SZ): The product has innovative applications in the field of optics in light guide plates and diffusion plates
Gelonghui May 15 丨 Renxin New Materials (301395.SZ) held a performance briefing on May 13, 2024 to discuss “What are the innovative applications of the company's products in the field of optics?” The company replied that the company's products have innovative applications in light guide plates and diffusion plates in the field of optics.
Renxin New Materials (301395.SZ): It currently has an annual production capacity of 300,000 tons of polystyrene series products
Gelonghui May 15 丨 Renxin New Materials (301395.SZ) held a performance briefing on May 13, 2024 to discuss “How is the company's production capacity building?” The company replied that at present, the company has an annual production capacity of 300,000 tons of polystyrene series products. The third phase of the fund-raising project is currently under construction and is scheduled to be completed by the end of 2024. After the third phase of the project is delivered, the company's annual production capacity will exceed 500,000 tons, reaching a maximum of 560,000 tons/year. At that time, the company will become the number one in South China and the second largest manufacturer of polystyrene polymer new materials in the country, and enter domestic polystyrene production
Insiders With Their Considerable Ownership Were the Key Benefactors as Renxin New Material Co.,Ltd. (SZSE:301395) Touches CN¥2.5b Market Cap
Key Insights Insiders appear to have a vested interest in Renxin New MaterialLtd's growth, as seen by their sizeable ownership A total of 6 investors have a majority stake in the company with 51% ow
Renxin New Materials (301395.SZ) announced its 2023 annual results. Net profit of 557.922 million yuan decreased by 40.69% year-on-year
Renxin New Materials (301395.SZ) released its 2023 annual results report. The company achieved operating income during the reporting period...
Renxin New Materials (301395.SZ) was re-certified as a high-tech enterprise
Gelonghui, April 3 | Renxin New Materials (301395.SZ) announced that the company recently received the “High-tech Enterprise Certificate” jointly issued by the Guangdong Provincial Department of Science and Technology, the Guangdong Provincial Department of Finance, and the Guangdong Provincial Taxation Bureau of the State Administration of Taxation. The certificate number is GR202344003670, issued on December 28, 2023, and is valid for three years.
Renxin New Materials (301395.SZ): Currently not involved in the production of bistrifluoride related products
On April 3, Gelonghui | Renxin New Materials (301395.SZ) said on the investor interactive platform that the company's main business product is polystyrene, and currently it is not involved in the production of bistrifluoride related products. In the future, the company will do a good job in market research, increase investment in R&D, enhance the market competitiveness of the company's products, and promote the continuous improvement of the company's future performance.
Renxin New Materials (301395.SZ): Currently, the company has entered the field of new energy vehicles represented by BYD, but has not yet entered the flying car industry
Gelonghui March 12 丨 Some investors asked Renxin New Materials (301395.SZ) on the investor interactive platform, “Are your products used in flying cars?” The company replied that at present, the company has entered the field of new energy vehicles represented by BYD, but has not yet entered the flying car industry. The company will continuously adapt to the development of market demand, increase investment in R&D, enhance the market competitiveness of the company's products, and promote the continuous improvement of the company's future performance.
Renxin New Materials (301395.SZ): No business dealings with Nvidia
Gelonghui, Feb. 26 | Renxin New Materials (301395.SZ) said on the investor interactive platform that up to now, the company has no business dealings with Nvidia.
Are Renxin New Material Co.,Ltd.'s (SZSE:301395) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
With its stock down 30% over the past three months, it is easy to disregard Renxin New MaterialLtd (SZSE:301395). It seems that the market might have completely ignored the positive aspects of the c
Renxin New Materials (301395.SZ): Passed the BYD supplier on-site audit
Gelonghui, January 25, 丨 Renxin New Materials (301395.SZ) announced that the company recently received a notice to pass the “BYD Supplier Site Audit Report”. The products reviewed were: plastic pellets, and the audit conclusion was: Approved. The company's products are mainly used in new energy vehicle power system accessories. The company passed the BYD supplier on-site audit, which indicates that the company has the prerequisites for entering the BYD supply chain system, and also indicates that the company's products have the performance and quality used in the field of new energy vehicles.
Renxin New Materials (301395.SZ): The ban on 1.867,900 restricted shares will be lifted on January 3, 2024
Gelonghui, December 29丨Renxin New Materials (301395.SZ) announced an indicative announcement on the listing and circulation of the initial public offering of restricted shares. The shares that have been lifted are the company's initial public offering of restricted offline shares. The number of shares that have been lifted is 1.8679.22 million shares, accounting for 1.29% of the company's total share capital. The total number of shareholders whose sales restrictions have been lifted is 5,069. The sales restriction period is 6 months from the date of the initial public offering and listing of the company's shares. The listing and circulation date for the shares whose sales restrictions have been lifted is January 3, 2024 (Wednesday).
Renxin New Materials (301395.SZ): The product does not yet involve PEEK materials
Glonghui, December 18|Some investors asked Renxin New Materials (301395.SZ) on the investor interactive platform, “Does the company have PEEK materials?” The company replied that the company's products do not yet involve PEEK materials.
Renxin New Materials (301395.SZ): Recently, it has passed the entry tests for the company's products by well-known domestic automobile companies
Gelonghui November 16 | Renxin New Materials (301395.SZ) was surveyed by specific targets on November 16, 2023, on “The development progress of the company's products in new application fields such as optical precision instruments and devices, electronic components, medical testing equipment, and the automotive industry?” The company replied that recently, the company has passed the entry test for the company's products through well-known domestic automobile companies, and currently the two sides are still conducting in-depth business negotiations on procurement volume and payment models. In addition, the company modified the company's products through well-known domestic material modification companies and then entered the automotive, electronic components, medical testing equipment and other industries
Renxin New Materials (301395.SZ): Currently, it still maintains an operating rate of around 85% and has achieved a balance between production and sales
Gelonghui November 16丨Renxin New Materials (301395.SZ) was surveyed by specific targets on November 16, 2023. “Looking ahead to the fourth quarter and 2024 product operating load and sales rates? Will the fourth quarter still maintain 85% of the starting load in the third quarter?” The company replied that the company has always implemented a business strategy of high turnover, low inventory, and linked production and marketing. Up to now this year, the company has maintained an operating rate of around 85% and achieved a balance between production and sales. Looking ahead to 2024 in line with the current economic environment, the company is confident to maintain an operating rate of around 85% in 2024.
Renxin New Materials (301395.SZ): Will continue to expand PS products in high-end applications such as electronic carriers, medical devices, and the automotive industry in the future
Gelonghui November 15 | Renxin New Materials (301395.SZ) was surveyed by specific targets on November 15, 2023, on “New application directions for polystyrene?” The company replied that the company is based in application fields such as Japanese plastic products, display lighting, and refrigerator interiors, and will continue to expand PS products in high-end applications such as electronic carriers, medical devices, and the automotive industry in the future.
Renxin New Materials (301395.SZ): As of the 3rd quarter, the company's operating rate was around 85%
Gelonghui November 15 | Renxin New Materials (301395.SZ) was surveyed by specific targets on November 15, 2023, on “The production and sales situation since this year?” The company replied that the company has always implemented a business strategy of high turnover, low inventory, and linked production and marketing. As of the 3rd quarter of this year, the company's operating rate was around 85%, which has basically achieved a balance between production and marketing.
Weak Statutory Earnings May Not Tell The Whole Story For Renxin New MaterialLtd (SZSE:301395)
A lackluster earnings announcement from Renxin New Material Co.,Ltd. (SZSE:301395) last week didn't sink the stock price. Our analysis suggests that along with soft profit numbers, investors should b
Renxin New Materials (301395.SZ) released results for the first three quarters, with net profit of 26.3646 million yuan, a year-on-year decrease of 60.25%
Renxin New Materials (301395.SZ) released the report for the third quarter of 2023. The company achieved operating income in the first three quarters...
Renxin New Materials (301395.SZ): PS products in high-end application fields such as electronic carriers and medical devices will continue to expand in the future
Glonghui September 27, September 27丨Renxin New Materials (301395.SZ) recently said during a survey by institutional investors that the main building of the company's R&D center has been basically completed. Currently, the company's R&D department is actively conducting pre-procurement research work on the market and R&D equipment to lay the foundation for the subsequent development routes and application areas of the company's products. Based on application fields such as Japanese plastic products, display lighting, and refrigerator interior parts, the company will continue to expand PS products in high-end application fields such as electronic carriers and medical devices in the future.
Renxin New Materials (301395.SZ): The warehouse section of the Huizhou Renxin New Materials Phase III project has now been completed and put into use
Glonghui, September 27丨Renxin New Materials (301395.SZ) recently said during a survey by institutional investors that the warehouse section of the Huizhou Renxin New Materials Phase III project has now been completed and put into use. The construction of the production line is being carried out in an orderly manner. The construction unit has basically been determined. Currently, the contract details are still being discussed and reviewed. It is expected that it will be put into operation and use in December 2024.
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