Hot Stock - He Yi, Boosted by Theme with Both Price and Volume Surging

Reported 11 months ago

On June 26, 2024, at 4:10 PM, He Yi (1709) gained momentum by riding the green energy and environmental protection themes, collaborating with Guangyu Engineering under Chongyang Group to target a yearly reduction of 1500 tons of carbon dioxide, resulting in a surge in buying, pushing the stock price to the limit of 23.5 yuan, hitting a new high for the year. With 2,316 buy orders and a high trading volume of 18,505 lots, the stock is worth watching. In the first five months, the revenue was 4.698 billion yuan, a 14.1% year-on-year increase. The revenue structure is dominated by the alkylated benzene and resin sectors, accounting for almost 80% and 15%, respectively; the current annual production capacity is 125,000 tons of alkylated benzene, 25,000 tons of nonyl phenol in Taiwan, and a joint venture in mainland China with a 40,000-ton production capacity at a nonyl phenol plant in Jiangsu operated by Changchun; and a hydrogenated petroleum resin production capacity of 24,000 tons. Economic Daily News also reported on New Tang raising MCU prices, Grand Pacific optimistic about Q1 next year, Huang Xiaoyu of Da Cheng stating prices won't return, and Honghai's achievements in automotive cultivation and optimistic operations.

Source: YAHOO

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