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Shangwei New Materials: The company's shares will resume trading on August 5, with no major changes in fundamentals

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2025-08-04 10:38:57
On August 4, Shangwei New Materials announced that the company's shares will resume trading on August 5, 2025. The company's fundamentals have not changed significantly, and its main business is still the research and development, production and sales of environmentally friendly high-performance corrosion-resistant materials and materials for wind power blades. The company's operating income in the first half of 2025 was 784 million yuan, an increase of 12.50% year-on-year, but its net profit decreased by 32.91% year-on-year, mainly due to foreign exchange losses caused by overseas US dollar receivables. In addition, the company's stock price has been seriously divorced from fundamentals, and investors need to pay attention to market risks.
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