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Zhejiang Unifull Industrial Fibre Co Ltd

Zhejiang Unifull Industrial Fibre Co., Ltd. researches, develops, produces, and sells polyester industrial fibers in China and internationally. Its products include industrial polyester yarns, dipped tire cord fabrics, conveyor belt fabrics, polyester dipped cords, and PVC ceiling soft films, offered through an online store. The company was founded in 2003 and is headquartered in Huzhou, China.

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Price · split & dividend adjusted
News & notes moving 002427.CS
002427.CS

Youfu Shares' 2026 interim net profit was 7.9482 million yuan, down 33.24% year-on-year

Youfu Shares released its 2026 interim report. The company's total operating revenue was 1.111 billion yuan, down 4.66% year-on-year; net profit attributable to the parent company was 7.9482 million yuan, down 33.24% year-on-year. Net cash flow from operating activities was negative 196 million yuan, a decrease of 85.4999 million yuan year-on-year. The company's asset-liability ratio was 58.85%, gross margin was 11.12%, achieving four consecutive years of growth, and ROE was 0.82%. The number of shareholders was 58,700, and the top ten shareholders held 65.12% of the total share capital.
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002427.CS2

Unifull Acquires 30% Stake in Taihe Paper for 8.8 Million Yuan, Settles Shareholder Dispute

Zhejiang Unifull High-Tech Fiber Co., Ltd. announced that the company, its controlled subsidiary Huzhou Nanxun Taihe Paper Co., Ltd., and a shareholder surnamed Yin holding a 30% stake have signed a settlement agreement. Unifull will acquire Yin's entire stake in Taihe Paper for a total price of 8.8 million yuan, thereby resolving litigation over shareholder information rights and damages. The dispute arose from the plaintiff's claim that Unifull sold all of Taihe Paper's products through internal transactions in 2023 at prices 35.28 million yuan below market value, causing Taihe Paper to incur losses. A court of first instance had ordered Unifull to pay 11.47 million yuan plus interest in compensation to Taihe Paper. After Unifull appealed, the parties reached a settlement through negotiation. The total settlement amount covers the consideration for the 30% equity transfer and all dividend rights of the shareholder, with all parties confirming that all disputes are fully resolved. The company stated that the final accounting treatment and impact on profits will be subject to confirmation by the auditor in the annual audit.
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