New Disclosures by China XD Plastics about its Sichuan Plant Expansion

Posted on by John Sheehy

This article will review information released since March 9 about Xinda's previously undisclosed Sichuan expansion plan (originally described here: CXDC Receives An Unfair Buyout Offer When It Is Over 80% Cheaper Than Comparable China-Listed Companies). On December 12 2016 Xinda signed a contract with the Nanchong City government covering a major expansion of Xinda's Nanchong production facility … Continue reading New Disclosures by China XD Plastics about its Sichuan Plant Expansion

CXDC Receives An Unfair Buyout Offer When It Is Over 80% Cheaper Than Comparable China-Listed Companies

Posted on by John Sheehy

China XD Plastics' CEO recently offered to buy all publicly held shares for $5.21, a small premium to their recent market price, but well below their fair value. The company is poised to report record sales and profits in 2017 as new plants in Nanchong and Dubai enter commercial production. The company has not disclosed … Continue reading CXDC Receives An Unfair Buyout Offer When It Is Over 80% Cheaper Than Comparable China-Listed Companies