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
Earlier from Hengyi Petrochemical Co., Ltd. Class A
- 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