Hengyi Petrochemical Co Ltd SZSE:000703:
SAYS CONTROLLING SHAREHOLDER, PARTY ACTING IN CONSORT PLAN TO BOOST HOLDING IN CO BY 1.5-2.5 BILLION YUAN ($212.12-353.53 million)
($1 = 7.0716 Chinese yuan renminbi)
Hengyi Petrochemical's Shareholders To Boost Holding In Co
Hengyi Petrochemical Co., Ltd. on 6ix
Earlier from Hengyi Petrochemical
- Hengyi Petrochemical: Revenue declined but net profit and R&D spending increased amid industry headwinds
- Hengyi Petrochemical: H1 2025 saw profit and revenue drop, but key projects and R&D advanced amid industry challenges
- Hengyi Petrochemical: Net profit dropped 88% in Q1 2025 amid weak demand and rising costs
- Hengyi Petrochemical: Revenue and net profit declined, but R&D and digital transformation advanced amid industry headwinds
- Hengyi Petrochemical: Q3 revenue dropped 19.25% year-over-year, with a net loss of ¥199 million
Later from Hengyi Petrochemical
- Hengyi hits over 2-1/2-year peak as key shareholder mulls stake buy
- China's Hengyi Petrochemical to proceed with Brunei refinery expansion
- Hengyi Petrochemical Plans Share Buyback
- Hengyi Petrochemical: Net profit grew 10.4% to ¥258 million on lower revenue, with strategic projects boosting capacity
- Hengyi Petrochemical's unit plans to invest 25.7 billion yuan in coal-to-chemicals project
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