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    600309   CNE0000016J9

WANHUA CHEMICAL GROUP CO., LTD.

(600309)
  Report
End-of-day quote Shanghai Stock Exchange  -  2022-09-29
92.10 CNY   +2.92%
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Wanhua Chemical : and WEGO signed a strategic cooperation agreement to build a high-end medical materials innovation community

07/27/2022 EDT
Wanhua Chemical and WEGO signed a strategic cooperation agreement to build a high-end medical materials innovation community
TIME :2022-07-27

In July 2022, Wanhua Chemical and WEGO signed a strategic cooperation agreement. The two sides shared views on further strengthening cooperation and innovation in the field of health industry by using high-grade medical resin materials.

Mr. Chen Lin, Chairman of WEGO, said that a large number of high-end medical equipment has extremely stringent requirements on their raw materials. He hoped to expand the field and level of cooperation with Wanhua Chemical to jointly lead the steady development of a high-end medical industry.

Mr. Liao Zengtai, Chairman of Wanhua Chemical, agreed that Wanhua Chemical would give full play to its technological innovation advantages and launch more key medical materials to contribute to the improvement of the medical device industry as well as the healthy lives of human beings.

In the future, Wanhua Chemical and WEGO will cooperate to build a safe and resilient industrial and supply chain, and work together with relevant parties to continuously promote the deep integration of diversified economies, adding new momentum for the realization of creating a better life for mankind.

Disclaimer

Wanhua Chemical Group Co. Ltd. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 06:21:10 UTC.


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Financials
Sales 2022 164 B 23 014 M 23 014 M
Net income 2022 21 503 M 3 023 M 3 023 M
Net Debt 2022 35 852 M 5 039 M 5 039 M
P/E ratio 2022 13,3x
Yield 2022 2,58%
Capitalization 289 B 40 646 M 40 646 M
EV / Sales 2022 1,99x
EV / Sales 2023 1,86x
Nbr of Employees 19 692
Free-Float 46,8%
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Number of Analysts 18
Last Close Price 92,10 CNY
Average target price 116,99 CNY
Spread / Average Target 27,0%
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Managers and Directors
Guang Wu Kou President, General Manager & Director
Li Min Li Chief Financial Officer, Secretary & VP
Zeng Tai Liao Chairman
Hao Cong Chairman-Supervisory Board
Jin Zhang Independent Director
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