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The latest announcement is out from ASAHI YUKIZAI CORPORATION ( (JP:4216) ).
ASAHI YUKIZAI CORPORATION announced the construction of a new electronic material plant in Nantong City, Jiangsu Province, China, as part of its mid-term management plan ‘GNT2025’. The new facility, expected to triple production capacity, aims to meet the growing demand for electronic materials in China, enhancing the company’s market position and corporate value.
More about ASAHI YUKIZAI CORPORATION
ASAHI YUKIZAI CORPORATION operates in the chemical industry, specializing in the production of base resins for photoresists, which are crucial in manufacturing flat panel displays and semiconductors. The company focuses on expanding its presence in overseas markets, particularly in the semiconductor sector.
YTD Price Performance: -14.03%
Average Trading Volume: 41,880
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen73.93B
For a thorough assessment of 4216 stock, go to TipRanks’ Stock Analysis page.