Sichuan Yahua Industrial Group Co Ltd
SZSE:002497
Sichuan Yahua Industrial Group Co Ltd's latest stock split occurred on May 8, 2015
The company executed a 20-for-10 stock split, meaning that for every 10 shares held, investors received 20 new shares.
Before the split, Sichuan Yahua Industrial Group Co Ltd traded at 17.02 per share. Afterward, the share price was about 8.4433.
The adjusted shares began trading on May 8, 2015. This was Sichuan Yahua Industrial Group Co Ltd's 3rd stock split, following the previous one in Oct 17, 2012.
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Sichuan Yahua Industrial Group Co Ltd
Glance View
Sichuan Yahua Industrial Group Co Ltd, in the vibrant province of Sichuan, started its journey as a humble explosives manufacturer. Over the years, the company adeptly leveraged its expertise in explosives, primarily catering to China's expansive mining and infrastructure sectors. Its core business has traditionally revolved around producing and distributing commercial explosives, a niche market in a country with rapid urbanization and extensive mining activities. This industry gives Yahua more than just stable cash flows; it positions the company as a crucial player in China's booming development narrative. In recent times, Sichuan Yahua has capitalized on the burgeoning lithium demand, navigating the tides of the industry’s green revolution. The company expanded its portfolio by entering the lithium sector and now processes and refines lithium salts, essential components in electric vehicle batteries. This strategic shift has allowed Yahua to tap into the global surge for renewable energy solutions, diversifying its revenue streams beyond explosives. With investments in lithium extraction and processing, the company aligns itself with China's and the world's transition toward sustainable energy technologies, balancing its traditional explosives business with cutting-edge opportunities in lithium.
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