South Chemical Co., Ltd

As the price of ** has soared, the stock price of the related concept stocks has also been quite active, among which the most attractive one is Nanhua (600301.SH). As of October 12, the company's stock price closed at 5.68 yuan, a cumulative increase of 55.19% since September.

On the news, the most relevant aspect of Nanhua's shares is that after experiencing a two-month downturn, ** has finally ushered in a big rebound. The data shows that since mid-September, prices across the country have increased by 100% to 600%.

“The price of the previous ** was low, and some areas even appeared to be sending away white goods. This ** price increase has both the weather and the downstream demand turned better factors, but also the continuation of the industry before the holiday rose in the industry practice.” Business Society analyst Zhang Ming said.

According to the statistics, Nanhua Chemical Co., Ltd. is the largest comprehensive chemical company in Guangxi. The company's current major products include caustic soda, smelters, and smelters, among which the company has a production capacity of 60,000 tons per year.

In the first half of this year, the company realized operating income of 413.3329 million yuan, a decrease of 39.28% compared with the same period of last year; net profit was a loss of 137.39968 million yuan.

The company stated that in the first half of the year, due to the continued weakness of the international economy, overcapacity in domestic chlor-alkali production, energy saving and emission reduction, and national industrial restructuring, the chlorine product market continued to slump, and chlor-alkali production could not be balanced. The company’s production and sales of all products were the same as last year. Both declined; the sales price of main products was higher than the year-on-year increase in the sales price of ion-exchange membrane caustic soda, while the sales prices of other products decreased year-on-year; the increase in electricity prices and unit manufacturing costs increased the cost of products, resulting in a significant year-on-year decrease in operating income and profits.

The ** price increase has driven up the stock price of ** concept stocks including Nanhua shares. From the Shenzhen Stock Exchange public trading information, the promotion of the shares of South Chemical Co., Ltd. stock prices rose mostly for hot money.

As of October 11, Nanhua has been deviating by a cumulative 20% from its cumulative price increase for three consecutive trading days. On the same day, the top five companies to buy were CICC Shanghai Huaihai Zhong Road Sales Department, Everbright Securities (601788) Yuyao Yangming West Road Sales Department, Caitong Securities Shaoxing Renmin Middle Road Sales Department, and Changjiang Securities (000783) Zhengzhou Jinshui Road. Ministry of Commerce, CITIC Securities (600030) Shenzhen Fuhua First Road Sales Department, the five trading seats bought 16.41 million yuan, 1021.19 million yuan, 6.789 million yuan, 6.714 million yuan, 5.7982 million yuan, buying a total of 45.915 million yuan.

On the same day, the sales department of Zhongjin-Shanghai Huaihai Zhong Road and the sales department of Everbright Securities Yuyao Yangming West Road selected 16.9694 million yuan and 10.8655 million yuan, respectively, with obvious traces of funds speculation, and Tongtong Securities' Wenling Donghui North Road Sales Department. , CIC Securities Guangzhou Sports East Road Sales Department, Fortune Securities Changsha Road Business Department respectively sold 977.13 million yuan, 6,675,900 yuan, 6,453,600 yuan, sold a total of 50,827,700 yuan.

As early as September 28th, Caitong Securities Wenling Donghui North Road Sales Department chose to buy Nanhua shares 8.5742 million yuan, the day the stock to close at 4.11 yuan, the recent profit is quite rich.

On October 9, Nanhua Co., Ltd. issued an announcement of abnormal fluctuations in stock prices, stating that the company’s recent production and business operations were normal, the business conditions and internal and external operating environments did not change significantly, and there were no matters that should be disclosed but were not disclosed in accordance with relevant regulations or related to the matter. Planning, negotiation, intention, agreement, etc.

Business Club believes that due to the fact that the downstream demand has not yet fully opened up, ** price increases or a short-term performance, the room for further increase in the future is not obvious.

An analyst of a brokerage firm believes that the recent surge in the share price of Nanhua has not only been due to a two-month downturn, but also increased in price, and it also has a strong relationship with the company's restructuring expectations. This point is from the chairman of this year. Changes and changes in shareholders can be seen. In addition, the company is currently in an overall relocation phase, and the government supports one of the reasons why short-term solvency can be improved.

Regarding the expectation of market restructuring, Nanhua said that after asking the company's actual controlling shareholder, Nanning SASAC and controlling shareholder Nanning Chemical Group Co., Ltd. to inquire and inquire with the company's management, it is confirmed that it will not be predictable within the next 3 months. There are major events that should be disclosed but not disclosed. The controlling shareholders also did not buy or sell company stocks during the period of stock changes.

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