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Jiangxi Selon Industrial Co Ltd

Jiangxi Selon Industrial Co., Ltd. is a Chinese company that researches, develops, manufactures, and markets fine chemical products in China and internationally. Its product range includes chlor-alkali products, AC foaming agent, thionyl chloride, hydrazine hydrate, hydrogen peroxide, 2,2-dimethylolpropionic acid, 2,2-dimethylolbutyric acid, p-chlorobenzaldehyde, o-chlorobenzonitrile, ethylene glycol monopropyl ether, and methyl 4-chlorobutyrate. The company also engages in heat and power cogeneration, logistics transportation, supply chain services, research and development consulting, import and export trade, technology development, and foreign investment and commodity trade. Formerly known as Jiangxi Electrochemical Plant, it was founded in 1970 and is based in Jingdezhen, China.

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News & notes moving 002748.CS
002748.CS▲

Shilong Industrial's 2026 interim report shows net profit of 100 million yuan

Shilong Industrial released its 2026 interim report, with net profit attributable to the parent company of 100 million yuan. The company's total operating revenue was 1.17 billion yuan, and net cash inflow from operating activities was 220 million yuan. The latest asset-liability ratio was 46.84 percent, up 6.00 percentage points from the same period last year; gross margin was 19.30 percent, return on equity was 6.80 percent, and diluted earnings per share was 0.42 yuan. Total asset turnover was 0.44 times, down 1.40 percent year on year; inventory turnover was 8.34 times. The number of shareholders was 16,200, and the top ten shareholders held 58.97 percent of the total share capital.
002748.CS · Capital · Positive Net profit of 100 million yuan reported in interim report.
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Multiple companies on Shanghai and Shenzhen stock exchanges released important announcements on the evening of August 24

On the evening of August 24, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Dongshan Precision stated during its results briefing that its 1.6T optical module products have been supplied to customers, but due to commercial confidentiality, specific order information cannot be disclosed. Far East Smarter Energy's subsidiary plans to acquire 80% equity of Fudewangwang for 216 million yuan; Topstar Technology plans to acquire 49% equity of Lailer Optoelectronics for 147 million yuan; the merger and restructuring plan between Orient Securities and Shanghai Securities was approved by an overwhelming majority at the shareholders' meeting. In terms of performance, Eoptolink Technology's net profit in the first half of the year was 7.529 billion yuan, up 90.98% year-on-year; CIG Shanghai's net profit grew 171.08% year-on-year; Chengxin Lithium Group turned losses into profits year-on-year; Sinomine Resource Group's net profit surged 1146.81% year-on-year; Luxshare Precision's net profit rose 18.04% year-on-year. In addition, Genew Technologies' actual controller plans to increase holdings of company shares by 15 million to 30 million yuan, Selon Industrial plans to repurchase shares worth 30 million to 60 million yuan, Donghong Pipe Industry pre-won a steel pipe procurement project worth 144 million yuan, Longjian Road & Bridge jointly won a 333 million yuan engineering project, and Gangdi Technology's wholly-owned subsidiary signed a smart control system procurement contract worth approximately 230 million yuan with Huadong Heavy Machinery.
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002738.CS · Capital · Positive Sinomine Resource Group's net profit surged 1146.81% year-on-year.
002748.CS · Capital · Positive Selon Industrial plans to repurchase shares worth 30 million to 60 million yuan.
300502.CS · Capital · Positive Eoptolink Technology's net profit in the first half of the year was 7.529 billion yuan, up 90.98% year-on-year.
300607.CS · Capital · Positive Topstar Technology plans to acquire 49% equity of Lailer Optoelectronics for 147 million yuan.
002384.CS · Demand · Positive 1.6T optical module products supplied to customers.
600869.CG · Capital · Positive Subsidiary plans to acquire 80% equity of Fudewangwang for 216 million yuan
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Court Accepts Bankruptcy Liquidation Filing for Selon Industrial's Wholly-Owned Subsidiary Selon Supply Chain

The bankruptcy liquidation application of Jiangxi Selon Supply Chain Management Company, a wholly-owned subsidiary of Jiangxi Selon Industrial Company, has been accepted by the Leping Municipal People's Court. The company held a board meeting on April 27, 2026, and approved the proposal to file for bankruptcy liquidation of Selon Supply Chain, citing that the subsidiary's asset liquidation value is insufficient to repay its debts and it is insolvent. The civil ruling issued by the court, case number Gan 0281 Po Shen 6, took effect on August 3, 2026. The company stated that Selon Supply Chain remains a wholly-owned subsidiary and will continue to be included in the consolidated financial statements. This matter will not have a material adverse impact on the company's daily operations and overall business development, but the final bankruptcy liquidation plan remains subject to uncertainty.
002748.CS · Capital · Negative Subsidiary's bankruptcy liquidation filing accepted, indicating insolvency and potential financial strain.
Jiangxi Shilong Supply Chain Management Co., Ltd. · Capital · Negative Bankruptcy liquidation filing accepted due to insufficient assets to repay debts.
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