Chengdu Galaxy Magnets Co Ltd
SZSE:300127
Chengdu Galaxy Magnets Co Ltd's latest stock split occurred on Apr 14, 2014
The company executed a 20-for-10 stock split, meaning that for every 10 shares held, investors received 20 new shares.
Before the split, Chengdu Galaxy Magnets Co Ltd traded at 27.4 per share. Afterward, the share price was about 11.2877.
The adjusted shares began trading on Apr 14, 2014. This was the only stock split in Chengdu Galaxy Magnets Co Ltd's history.
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Chengdu Galaxy Magnets Co Ltd
Glance View
Chengdu Galaxy Magnets Co Ltd, nestled in the burgeoning industrial heart of Chengdu, China, stands as a formidable player in the world of magnetic technology. The company has meticulously carved out its niche by harnessing both cutting-edge science and adept manufacturing processes to produce an array of high-performance permanent magnets. These include neodymium, ferrite, and other composite magnets that are critical in a multitude of industries, ranging from renewable energy to automotive and consumer electronics. The essence of its business lies in its vertically integrated operations. From sourcing rare earth materials to the final production and customization of magnets, Chengdu Galaxy Magnets exercises tight control over its production lifecycle, ensuring not just quality and precision but also cost-efficiency. Revenue streams for Chengdu Galaxy Magnets Co Ltd primarily stem from its diverse product offerings that satisfy both standard and bespoke client needs globally. By providing magnets that are integral to the functioning of modern technologies—such as electric vehicles, wind turbines, and high-efficiency motors—the company taps into expanding markets driven by the push for cleaner, more efficient solutions worldwide. Furthermore, its continual investment in research and development aids in pioneering new applications and enhancing the capabilities of its products. This strategic focus not only secures a robust competitive edge but also fosters long-term customer relationships, translating into a sustainably profitable business model.
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