HuBei XingFa Chemical Group Co Ltd
SSE:600141
HuBei XingFa Chemical Group Co Ltd's latest stock split occurred on Jun 14, 2018
The company executed a 6-for-5 stock split, meaning that for every 5 shares held, investors received 6 new shares.
Before the split, HuBei XingFa Chemical Group Co Ltd traded at 15.3 per share. Afterward, the share price was about 12.0089.
The adjusted shares began trading on Jun 14, 2018. This was HuBei XingFa Chemical Group Co Ltd's 4th stock split, following the previous one in Jul 2, 2010.
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HuBei XingFa Chemical Group Co Ltd
Glance View
In the heartland of China's chemical industry, HuBei XingFa Chemical Group Co Ltd stands out as a formidable player, commanding attention with its extensive portfolio of phosphorus-based products. Founded in 1994, XingFa has effectively leveraged its strategic location in Hubei Province, an area rich with phosphorus resources, to carve out a dominant position in the global market. The company weaves its operational story through the extraction of raw phosphate rock, which is then transformed into a diverse range of products including fertilisers, synthetic detergents, and food additives. By maintaining control over the supply chain from mining to production, XingFa ensures efficiency and quality, which are critical in the competitive chemical industry. The company's revenue streams flow from its dual focus on agricultural and industrial chemical sectors, with sustainability and innovation at the core of its strategy. In agriculture, XingFa's fertilizers serve as the backbone of many farming operations, improving crop yield and soil health, which is vital for China's agricultural economy. Meanwhile, its industrial chemicals are integral to manufacturing processes worldwide, providing essential components for everything from electronics to construction materials. With an eye on global expansion, XingFa invests in research and technology, continuously diversifying its product offerings to stay attuned to market demands and environmental responsibilities. This commitment not only fortifies its market position but also propels growth, ensuring XingFa remains at the forefront of the chemical industry.
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