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Meijia New Materials raised 210 million yuan to add 200,000 tons of liquid epoxy resin production capacity

 Last Update: 2022-08-28
 Source: Internet
 Author: User

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On April 30, the Shanghai Stock Exchange issued a letter of inquiry to Xiangwei Advanced Materials Technology Co.
,

Ltd.

The purpose of this stock issuance of Meijia New Materials is mainly to optimize the company's financial structure, maintain the company's business scale and continue to grow, ensure the company's business objectives and future development strategies, enhance the company's market competitiveness, and improve the company's profitability and anti-risk capabilities

Shangwei New Materials plans to subscribe for 50 million shares issued by Meijia New Materials.
After the subscription is completed, it will account for 23.
81% of the total shares issued by Meijia New Materials, second only to the 27.
31% of Wang Fangyin, the controlling shareholder of Meijia

In 2020, when the epidemic broke out, Meijia New Materials won many stable customers with its excellent product quality

In 2020, Meijia New Materials' one-step solid epoxy resin profit margin was 4.
5%, which was down from 7.
1% in 2019

According to the data, Anhui Meijia New Materials Co.
, Ltd.
was established in 2000.
It is a fine chemical enterprise specializing in the research and development, production and sales of powder coatings and epoxy resins and polyester resins.
It was listed on the market and became the first listed powder coating company in China

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