Facing downward cyclical pressure, Salt Lake Co., Ltd. may spend 1.9 billion dollars to pay for “overproduction”
It is difficult for commodities to “escape” the price cycle.
Sinofert Holdings Board OKs JV With Qinghai Salt Lake, Sinochem Capital
01:05 AM EST, 11/15/2021 (MT Newswires) -- Sinofert Holdings (HKG:0297) board on Friday approved the joint venture deal secured by unit Sinochem Fertilizer with Qinghai Salt Lake Potash (SHE:000792)
CATL Earmarks Nearly $5 Billion for Battery Recycling Plant
08:31 PM EDT, 10/12/2021 (MT Newswires) -- China's Contemporary Amperex Technology or CATL (SHE:300750) plans to spend up to 32 billion yuan ($4.96 billion) to build a recycling facility for waste ba
Jizhong Energy: Changjiang Securities, Xiangcai Fund and other three institutions investigated our company on September 23.
Jizhong Energy (000937) issued a notice on September 24, 2021: Changjiang Securities, Xiangcai Fund and Yuhe assets investigated our company on September 23, 2021, which was received by Zheng Wenya, chief accountant and secretary of the board, and Li Ying on behalf of the company. The main contents of this survey are as follows: 1. Is the long-term agreement price consistent with the market price? A: the company implements customer grade management. We divide coking coal users (1x3coking coal, high-sulfur clean coal and main coking coal) into steel mill long association, coking long association and non-long association customers, among which steel factory long association users adopt quarterly pricing in principle, when the market price fluctuates greatly.
Hongda Xingye: nine institutions, including East Asia Qianhai Securities Co., Ltd., Tianfeng Securities Co., Ltd., investigated our company on September 17.
Hongda Xingye (002002) issued an announcement on September 23, 2021: Wang Ziang of East Asia Qianhai Securities Co., Ltd., Zhu Gang of Tianfeng Securities Co., Ltd., Zhang Jun of Cheung Kong Securities Co., Ltd., Yin Peijun of Huafu Fund Management Co., Ltd., Xia Siting of China International Capital Co., Ltd., Lu Xinzhi of Caitong Securities Co., Ltd., Deng Tsuen of Xingzheng Global Fund Management Co., Ltd. Liu Xin, Shanghai Ningquan Asset Management Co., Ltd. Yin Weijia and China Merchants Co., Ltd. Cao Chengan investigated our company on September 17, 2021. The survey was conducted by the chairman, Mr. Zhou Yifeng, and the director, Cai Hongbing.
The announcements of 9 companies, including Tianyuan shares and Lutheran Environment, were unfavorable on September 22nd.
1. Ximen: the power load reduction company in Zhejiang Province has been forced to stop production temporarily. Due to the shortage of power supply, Zhejiang Province has recently implemented electricity load reduction for key energy-using enterprises in the area under its jurisdiction. On the premise of ensuring safety, the production of key energy-using enterprises is expected to stop until September 30. The company is currently forced to temporarily stop production, which is expected to affect the output of sunshade fabric about 115400 square meters per day. The specific impact on the benefits can not be accurately predicted for the time being. two。 Tianyuan shares: affected by the double control of energy consumption in Yunnan Province, the output of calcium carbide will be reduced by about 25000 tons per month.