Luxi Chemical's stock rose and fell sharply

Global Coatings Network News:

Luxi Chemical has recently taken a "vertical roller coaster"! On April 8, Luxi Chemical opened its daily limit, but on April 9 it opened its daily limit! There is only one day difference between the daily limit and the lower limit.

On the evening of April 9, Luxi Chemical issued an announcement based on abnormal stock trading fluctuations.

The company stated that it has not found any undisclosed material information that may or has had a significant impact on the company's stock trading prices in recent public media reports, and its business is in good condition, and there are no major events to happen in the near future.

Luxi Chemical also announced the 2018 performance report and the performance report for the first quarter of 2019.

From the point of view of profit contribution, the “chemical new material products” contributed the most to gross profit.

In reviewing the development of the industry in 2018, Luxi Chemical said that under the dual pressures of the complex global economic situation and the overall domestic economic growth rate, the overall chemical industry still continued the development trend of 2017, and most of the products maintained good performance in the first half of the year.

Regarding the incident that received a "Notice of Response" from Johnson Matthey Davy Technology Co.
, Ltd.
and Dow Global Technology Co.
, Ltd.
, which required a fine of 749 million yuan.
The contents of the first quarter report show that the company has not yet received the court summons, and the case has not yet been heard.
Luxi Chemical has hired domestic lawyers to actively respond and will take the most advantageous measures in accordance with the law to safeguard the company's interests.