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China XLX Fertiliser Ltd. ( (HK:1866) ) has issued an announcement.
China XLX Fertiliser Ltd. announced the successful commissioning of Phase I of its Industrial Chain Extension Project at its Jiangxi Base, with a production capacity of 600,000 tons of synthetic ammonia and 1,200,000 tons of slow and controlled-release fertilizer annually. This development is expected to enhance capacity utilization, consolidate cost leadership, and contribute to high-quality, sustainable growth, thereby strengthening the company’s market share and overall competitiveness.
The most recent analyst rating on (HK:1866) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on China XLX Fertiliser Ltd. stock, see the HK:1866 Stock Forecast page.
More about China XLX Fertiliser Ltd.
China XLX Fertiliser Ltd. is a company incorporated in Singapore, operating in the chemical industry with a focus on producing synthetic ammonia and slow and controlled-release fertilizers. The company is listed on the Hong Kong Stock Exchange and aims to leverage its market and location advantages to enhance its competitiveness and brand influence.
Average Trading Volume: 2,977,891
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.38B
Learn more about 1866 stock on TipRanks’ Stock Analysis page.