Jiangxi Guotai Group Co Ltd
SSE:603977
Jiangxi Guotai Group Co Ltd's latest stock split occurred on May 21, 2020
The company executed a 7-for-5 stock split, meaning that for every 5 shares held, investors received 7 new shares.
Before the split, Jiangxi Guotai Group Co Ltd traded at 9.64 per share. Afterward, the share price was about 6.7458.
The adjusted shares began trading on May 21, 2020. This was Jiangxi Guotai Group Co Ltd's 2nd stock split, following the previous one in May 16, 2018.
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Jiangxi Guotai Group Co Ltd
Glance View
Jiangxi Guotai Group Co Ltd., a remarkable player in China's burgeoning industrial landscape, emerged as a formidable force by steadfastly aligning with the nation's infrastructural growth. Rooted in the province of Jiangxi, the company has nurtured a business model that capitalizes on the expanding demand for construction and building materials sparked by the rapid urbanization across China. At the heart of its operations lies the production of cement, a critical ingredient in the construction industry, which has seen consistent growth due to the country's ambitious infrastructure projects. From residential complexes to massive government-backed initiatives, Jiangxi Guotai’s products are integral, carving a stable path to profitability through its strategic penetration into both domestic and international markets. The company's operations extend beyond mere production, encompassing a comprehensive supply chain management system that underscores its competitive edge. Jiangxi Guotai has adeptly woven logistics and distribution into its business fabric, ensuring its products reach a diverse clientele efficiently. Their ability to manage costs and maintain product quality has fortified their reputation, allowing the company to carve out a niche in the industrial sector. Through these channels, it not only reinforces its revenue streams but also adapts to the ever-evolving demands of the modern construction sector, securing its position as a crucial node in the construction supply ecosystem. As urban landscapes continue to evolve, Jiangxi Guotai Group Co Ltd. stands ready to cement its legacy, driven by its unwavering commitment to excellence and innovation.
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