A-share irregularity | Wanfeng Co., Ltd. fell over 3%, marking a three-day consecutive decline with a total drop of over 7%.
November 18th, 万丰股份(603172.SH) continued to fall by 3.35% to 14.14 yuan; the stock has been declining for three consecutive days, with a total decline of over 7%; currently trading at 36.63 million yuan, with a latest market cap of 1.886 billion yuan. According to an announcement by 万丰股份, a specific shareholder Ningbo Yixian plans to reduce its shareholding by no more than 2.6676 million shares through block trade, not exceeding 2% of the current total share capital of the company; and plans to reduce its shareholding by no more than 1.3338 million shares through centralized bidding, not exceeding 1% of the current total share capital of the company. The shareholding reduction plan will take effect from the announcement date of this reduction plan.
Express News | Wanfeng Co., Ltd.: Specific shareholder Ningbo Yixian plans to reduce its shareholding in the company by no more than 3%.
Wanfeng Corporation (603172.SH): The actual controlling shareholder Yu Xingying increased holdings of 100 shares.
Gelonghui November 15th | Wanfeng shares (603172.SH) announced that Ms. Yu Xingying, the actual controller of the company, increased her shareholding by 100 shares through centralized bidding trading on November 13, 2024, accounting for 0.000075% of the total share capital of the company.
Announcement on major operating data for the third quarter of 2024
Third Quarter Report 2024
Wanfeng Corporation (603172.SH) released its performance for the first three quarters, with a net income of 19.6 million yuan, a year-on-year decrease of 40.72%.
Wanfeng shares (603172.SH) disclosed the third quarter report of 2024, the company achieved revenue of 3....
Wanfeng Corporation (603172.SH): The net income in the first three quarters was 19.6 million yuan, a year-on-year decrease of 40.72%.
On October 29th, Wanfeng Stock (603172.SH) released its third quarter report, with revenue of 0.377 billion yuan in the first three quarters, a 1.59% year-on-year decrease, net income of 19.6 million yuan, a 40.72% year-on-year decrease, non-GAAP net income of 19.14 million yuan, a 32.58% year-on-year decrease, and basic earnings per share of 0.15 yuan.
Express News | Wanfeng Corporation and others established a testing technology company in Shaoxing.
Express News | There is no significant information that should be disclosed but has not been disclosed by Wanfeng Co., Ltd.
A-share abnormal movement: Wanfeng Stock once again hit the limit down, falling nearly 25% for three consecutive days.
On September 11th, Wufeng Shares (603172.SH) once again hit the limit down, falling nearly 25% in three consecutive days to a new low of 12.74 yuan in nearly 5 months, with a total market value of less than 2 billion yuan. At the end of August, Wufeng Shares submitted its second semi-annual report since its listing. The report shows that the company's revenue in the first half of 2024 was 0.235 billion yuan, a year-on-year decrease of 7.3%; the net income attributable to the parent company was 13.1172 million yuan, a year-on-year decrease of 48.95%. The company's net income and non-recurring net income have been declining, and its profitability has been declining year by year. Data shows that in the past three semi-annual reports, the company's net income has decreased year-on-year.
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Express News | Wanfeng Co., Ltd.: Net income in the first half of the year decreased by 48.95% year-on-year.
Wanfeng Corporation (603172.SH): The net income in the first half of the year was 13.1172 million yuan, a year-on-year decrease of 48.95%.
Glory Times on August 29th | Wanfeng Shares (603172.SH) released its semi-annual report, during the reporting period the company achieved revenue of 234.7123 million yuan, a decrease of 7.30% compared to the same period last year, achieved sales volume of 4849.81 tons, an increase of 1.87% compared to the same period last year; achieved net income attributable to the shareholders of the listed company of 13.1172 million yuan, a decrease of 48.95% compared to the same period last year; achieved net income attributable to shareholders of the listed company after deducting non-recurring gains and losses of 12.7289 million yuan, a decrease of 44.55% compared to the same period last year.
Wanfeng Chemical to Build Dye Chemical Plant for 200 Million Yuan
Express News | Wanfeng Corporation plans to invest in the construction of a 0.02 million ton 1-nitroanthraquinone project per year.
Express News | Wanfeng Corporation plans to invest 0.2 billion to build a 0.02 million-ton 1-Nitroanthraquinone project.
Wanfeng Co., Ltd. (603172.SH) plans to distribute a dividend of 0.1 yuan per share in 2023, with ex-rights and ex-dividends on June 24.
Wanfeng shares (603172.SH) issued an announcement on the annual profit distribution plan for 2023: distribute a cash dividend of RMB 1.50 (tax included) per share to all shareholders, and distribute 20 free shares (tax included) for every 10 shares held. The total amount of cash dividends to be distributed is about RMB 450 million. The profit distribution plan is subject to the deliberation and approval of the shareholders meeting.
Chemical industry sector in A share market shows volatile but strong growth, Zhengdan Chemical Industry rose sharply by 15%.
On June 12th, Gelunhui reported that TMA and disperse dyes led the way, with popular stock Jiangsu Zhengdan Chemical Industry surging 15%, Wanfeng Stock impacting the daily limit, with Jiangsu Baichuan High-tech New Materials, Jiangsu Huachang Chemical, North Chemical Industries, and Nantong Jiangtian Chemical having the highest increase. In terms of news, Jiangsu Zhengdan Chemical Industry announced last night that the company plans to invest 350 million yuan to build a green upgrade and transformation project with an annual output of 65,000 tons of PTSA.
Express News | Wanfeng Co., Ltd.: The company's current production and operation activities are normal.