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Luyin Investment Group Co Ltd

Luyin Investment Group Co., Ltd. produces and sells powder metallurgy materials and products, as well as salt and salt chemical products, in China and internationally. Its salt offerings include table salt, industrial salt, household salt, and bromine. The company also manufactures powder metallurgy automotive parts such as timing sprocket series, bearing cover series, VVT sprocket/stator and rotor series, pulley series, and oil pump series. It is additionally involved in consulting services, cashmere manufacturing, brine production, new material and technology research and development, processing and sales of non-edible salt, electricity and heat production and supply, and trading. Founded in 1993, the company is based in Jinan, China.

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Luyin Investment sees chairman and deputy general manager resign within a week, with original terms both running to 2029

Luyin Investment announced on the evening of September 11 that chairman Yang Yaodong had resigned from his posts as director, chairman, and all roles on the board's special committees for personal reasons. After resigning, he no longer holds any position at the company. His original term was set to expire on May 17, 2029. Just three days earlier, on September 8, company director and deputy general manager Zhang Lianbo also announced his resignation and departure, with the same original term expiration date of May 17, 2029. The successive early departures of the two executives drew market attention. On the same day as Zhang Lianbo's resignation, the company held the sixth meeting of the twelfth board of directors, where it approved the appointment of Wang Dong as deputy general manager and nominated him as a candidate for director of the twelfth board. In terms of performance, in the first half of 2026, Luyin Investment achieved operating revenue of 1.701 billion yuan, up 2.97 percent year on year, while net profit attributable to shareholders of the listed company was 108 million yuan, down 16.60 percent year on year. The process of electing a new chairman is still under way.
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Luyin Investment's 2026 interim net profit falls 16.60% to 108 million yuan

Luyin Investment released its 2026 interim report, with net profit attributable to the parent company at 108 million yuan, down 16.60% from the same period last year. Total operating revenue was 1.701 billion yuan, up 2.97% year on year. Net cash inflow from operating activities was 182 million yuan, down 14.85% year on year. The latest asset-liability ratio was 40.10%, gross margin was 23.19%, ROE was 3.20%, and diluted earnings per share was 0.16 yuan.
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Luyin Investment Subsidiary Heze Salt Industry Plans Capital Increase to Bring in Strategic Investor

Luyin Investment's controlling subsidiary, Luyin Heze Salt Industry Company Limited, plans to increase capital and expand shares through public listing, selectively introducing one strategic investor, with the capital increase amount not less than 333.47 million yuan. The company and the other two shareholders of Heze Salt Industry, Heze Energy and Mineral Resources Group Company Limited and Heze Shanzhou Industrial Development Group Company Limited, have all waived their preemptive subscription rights for this capital increase. Of the capital increase funds, 333.33 million yuan will be included in registered capital, with the excess included in capital reserves. After the capital increase is completed, Heze Salt Industry will remain a controlling subsidiary of Luyin Investment, and the scope of consolidated financial statements will remain unchanged. This introduction of a strategic investor from the chemical industry aims to promote the company's extension of the salt industry chain and improve its industrial layout.
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Luyin Investment Completes Issuance of 400 Million Yuan Medium-Term Notes

Luyin Investment completed the issuance of its first tranche of medium-term notes for 2026 on August 6, 2026, with an actual total issuance of 400 million yuan. The notes have a maturity of 3+2 years, with an interest accrual date of August 6, 2026, and a redemption date of August 6, 2031. The coupon rate is 1.85 percent, and the issue price is 100 yuan per 100 yuan face value. The notes are rated AA plus by China Chengxin International Credit Rating. Bank of Qingdao served as the bookrunner and lead underwriter, with Guotai Haitong Securities acting as joint lead underwriter.
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