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Idemitsu Kosan and Xi'an Ruilian reached an agreement to jointly establish a joint venture.
On June 7th, Idemitsu Kosan Co., Ltd. (hereinafter referred to as "Idemitsu Kosan") and Xi'an Manareco New Materials Co., Ltd. (hereinafter referred to as "Xi'an Manareco") announced that they have reached an agreement to allow Xi'an Manareco to increase its capital in Idemitsu Electronic Materials (China) Co., Ltd. (hereinafter referred to as "China Idemitsu Electronic Materials") located in Chengdu, Sichuan Province, China. After the capital increase is completed, Idemitsu Group and Xi'an Manareco will respectively hold 80% and 20% of the shares in China Idemitsu Electronic Materials. It is understood that after the establishment of the joint venture company, China Idemitsu Electronic Materials will take over the sales function of Idemitsu Kosan's OLED display company in China and will expand their business.
Xi'an Manareco New Materials (688550.SH) issued 5,413,000 restricted stocks with a grant price of 19.73 yuan per share.
Xi'an Manareco New Materials (688550.SH) announced that the third board of directors meeting held on June 5, 2024...
Xi'an Manareco New Materials (688550.SH): Plans to invest in private equity of Chuanguang Optoelectronics.
On June 6th, Gelunhui announced that Chuguangxingchan Co., Ltd. (referred to as "Chuguang Japan") is the main producer of global OLED terminal materials, and its OLED luminescent materials rank first in market share globally. They are renowned in the field of OLED terminal materials. Currently, the company's main product in the OLED material field is OLED sublimation front materials. The company is a strategic supplier of Chuguang Japan's OLED sublimation front materials. Considering that Chuguang Japan intends to transfer most of its OLED material business in China to Chuguang Electronics, the company will assist the joint venture with Chuguang Japan.
As of May 31, 2024, Xi'an Manareco New Materials (688550.SH) had 8,525 shareholders.
As of May 31, 2024, there were 8,525 shareholders in Xi'an Manareco New Materials (688550.SH), according to the company's investor platform.
Xi'an Manareco New Materials (688550.SH): Cumulative repurchase of 1.26% of the company's shares.
On June 3rd, Gelunhui reported that Xi'an Manareco New Materials (688550.SH) announced that as of May 31, 2024, the company repurchased a total of 1,703,159 shares of the company's stock through the Shanghai Stock Exchange trading system via centralized bidding trading, accounting for 1.26% of the total share capital of 134,801,744 shares. The highest and lowest repurchase transaction prices were 37.74 yuan/share and 33.23 yuan/share, respectively. The total amount of funds paid was RMB 59,993,202.01 (excluding transaction fees such as transaction commissions).
Ruilian New Materials (688550.SH): As of May 20, 2024, the number of shareholders of the company was 8112
Gelonghui, May 22丨Ruilian New Materials (688550.SH) said on the investor interactive platform that as of May 20, 2024, the number of shareholders of the company was 8,112.
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