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ST Zhongtai: Increase the shareholding ratio of Mahatma

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Xinjiang Zhongtai Chemical Co., Ltd
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Kokel, Nicolas
11/26/2024 1:09 PM

21st Oct 2024, Source

According to the financial news on October 21, ST Zhongtai disclosed the investor relations activity record sheet, which shows that according to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules", the company will apply to the Shenzhen Stock Exchange for the cancellation of other risk warnings within twelve months from the date of receipt of the "Administrative Penalty Decision". In addition, in order to increase its shareholding ratio in Mahatma Energy and realize industrial integration, the company acquired the shares of some shareholders of Mahatma Energy and included them in the company's consolidated financial statements in July 2024. The company's current PVC production capacity is 2.6 million tons/year and caustic soda production capacity is 1.86 million tons/year.

This article comes from: Financial AI Telegraph

Author: Telegraph

#pvc #causticsoda  #chloralkali