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Is Sokan New Materials Group Co., Ltd.'s (SHSE:688157) Recent Price Movement Underpinned By Its Weak Fundamentals?
Hunan Sokan New Materials (688157.SH): Revenue from Overseas amounted to 25.4217 million yuan, accounting for only 7.86% of the company's total revenue.
On April 8, Gelonghui reported that Hunan Sokan New Materials (688157.SH) stated on the interactive platform that based on the characteristics of the Industry Chain, the company implements a marketing strategy of "end-user guidance and mold factory landing". This means that with the permission of end customers, the company provides specific products such as coatings and inks related to certain projects and customized process technical services based on the specific working conditions of the mold factory. Therefore, the relationship between the company and end-users is indirect supply, while the relationship with the mold factory is direct supply. The company's main Business settlement occurs at the mold factory and primarily within the domestic market. Taking the data disclosed in the "2024 Half-Year Report" as an example, the company's revenue from Overseas amounted to 2542.
Hunan Sokan New Materials (688157.SH): Wang Bin has reduced his shareholding by 0.78%.
Gelonghui reported on March 26 that Hunan Sokan New Materials (688157.SH) announced that the company received a notification letter from Mr. Wang Bin regarding the results of Shareholding. As of March 26, 2025, Mr. Wang Bin has cumulatively reduced his holdings in the company by 871,600 shares through centralized bidding and block trading, accounting for 0.78% of the company's total share capital. The time Range for this Shareholding reduction plan has expired.
Hunan Sokan New Materials (688157.SH): The application of the Cell insulation coating in Solid State Battery is feasible from both demand and technical perspectives.
On March 19, Glonghui reported that Hunan Sokan New Materials (688157.SH) stated on the interactive platform that after technical accumulation and refinement, the company has successfully delivered the world's first integrated Cell insulation UV inkjet printing sample project, which was launched in China as scheduled and is now entering the mass production phase. Solid State Battery is a new type of battery that replaces the electrolyte in traditional lithium-ion batteries with solid-state electrolytes. The application of Cell insulation coating in Solid State Battery is technically and practically feasible.
Earnings Tell The Story For Sokan New Materials Group Co., Ltd. (SHSE:688157) As Its Stock Soars 26%
Matsui Co., Ltd.: Matsui New Materials Group Co., Ltd. 2024 Annual Results Report Announcement
Hunan Sokan New Materials Co., Ltd.'s (SHSE:688157) 28% Cheaper Price Remains In Tune With Earnings
