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Guangdong Fangyuan Environment Co. Ltd. A

Guangdong Fangyuan New Materials Group Co., Ltd. engages in the research, development, production, and sale of lithium battery ternary cathode material precursors, nickel battery cathode materials, lithium salts, sulfates, and other products. The company also provides NCA precursors and precursor body. Its products are used in new energy vehicle power batteries, power tools, robots, energy storage equipment, and consumer electronics. The company was formerly known as Jiangmen Fangyuan Environmental Technology Development Co Ltd. The company was incorporated in 2002 and is headquartered in Jiangmen, China.

Price · split & dividend adjusted
News & notes moving 688148.CG
688148.CG

Construction Machinery Plans to Acquire 100% of Pucheng Clean Energy; Trading Halted from the 11th

Construction Machinery (600984) plans to acquire 100% equity in Pucheng Clean Energy Chemical Co., Ltd. through a combination of share issuance and cash payment, along with raising supporting funds, constituting a major asset restructuring. Trading in the company's A-shares will be suspended from August 11, 2026, for an expected period of no more than 10 trading days. Jiangbolong disclosed its semi-annual report, with operating revenue reaching 24.088 billion yuan in the first half of 2026, up 136.26% year-on-year, and net profit attributable to shareholders of the listed company at 10.577 billion yuan, up 71,528.66% year-on-year. Gan & Lee Pharmaceuticals signed a licensing agreement with Menarini for the bofanglutide project. Menarini will pay a non-refundable upfront payment of 62 million euros, with milestone payments totaling up to 664 million euros, plus a sales royalty at a maximum double-digit percentage rate. In addition, several companies disclosed semi-annual results: Fangyuan turned a profit year-on-year, Wanyi Technology's net profit rose 2,863.13% year-on-year, and Hengyi Petrochemical's net profit rose 2,500.73% year-on-year, with a planned dividend of 9 yuan per 10 shares. Jiangbolong, Zhaochi, and Beijing Junzheng, among others, announced share buyback plans. Kunlun Wanwei plans to issue H-shares and list on the main board of the Hong Kong Stock Exchange.
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Electrification & Mobility5

Fangyuan Shares Returns to Profit in First Half with Net Profit of 45.112 Million Yuan

Fangyuan Shares disclosed its semi-annual report, achieving a net profit attributable to the parent of 45.112 million yuan in the first half of 2026, turning losses into profits year-on-year, compared to a loss of 149 million yuan in the same period last year. The company's operating revenue for the period was 1.466 billion yuan, up 62.87% year-on-year, with basic earnings per share of 0.09 yuan. The improvement in performance was mainly due to the recovery of the domestic power battery market, warming demand in traditional sectors, and volume growth in emerging applications. Sales of precursor products increased nearly 30% year-on-year, while lithium carbonate market prices fluctuated upward, leading to strong production and sales of the company's lithium carbonate products.
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