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Xinyang Maojian Group ( (HK:0362) ) has shared an update.
China Zenith Chemical Group Limited announced that its subsidiary, Heihe Longjiang Chemical Co., Ltd., will fully resume production due to stabilized calcium carbide prices and favorable market conditions. The company anticipates an output value exceeding RMB300 million, supported by policy incentives and improved access to capital.
More about Xinyang Maojian Group
China Zenith Chemical Group Limited operates in the chemical industry, with a focus on the production and sales of chemical products, including calcium carbide. The company is positioned in the market to leverage policy support and favorable lending conditions.
YTD Price Performance: -12.82%
Average Trading Volume: 13,168,747
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$94.61M
See more insights into 0362 stock on TipRanks’ Stock Analysis page.