Annonce • 15h
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Reported Earnings • Apr 15
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CN¥0.94 (up from CN¥0.46 in FY 2024). Revenue: CN¥5.06b (up 53% from FY 2024). Net income: CN¥911.5m (up 123% from FY 2024). Profit margin: 18% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Annonce • Apr 15
Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 06, 2026 Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 06, 2026, at 15:00 China Standard Time. Location: 30F, No. 63, Xuefu Road, High-tech Park, Nanshan District, Shenzhen, Guangdong China Annonce • Mar 31
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Annonce • Dec 31
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥13.56, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 155% over the past three years. Annonce • Sep 30
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Board Change • Sep 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Liqun Sun was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • Jul 02
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Declared Dividend • Jun 30
Dividend increased to CN¥0.28 Dividend of CN¥0.28 is 87% higher than last year. Ex-date: 4th July 2025 Payment date: 4th July 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 11% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 16
Shenzhen Batian Ecotypic Engineering Co., Ltd. Proposes Cash Dividend for the Year 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced on 15 April 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 2.80000000. Reported Earnings • Apr 15
Full year 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.29 in FY 2023) Full year 2024 results: EPS: CN¥0.46 (up from CN¥0.29 in FY 2023). Revenue: CN¥3.31b (up 2.1% from FY 2023). Net income: CN¥409.1m (up 58% from FY 2023). Profit margin: 12% (up from 8.0% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annonce • Apr 15
Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 08, 2025 Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 08, 2025, at 15:00 China Standard Time. Location: 30F, No. 63, Xuefu Road, High-tech Park, Nanshan District, Shenzhen, Guangdong China Annonce • Mar 31
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.51, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.08, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 57% over the past three years. New Risk • Dec 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.1% increase in shares outstanding). Annonce • Dec 31
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.079 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.061 (down from CN¥0.079 in 3Q 2023). Revenue: CN¥882.2m (down 12% from 3Q 2023). Net income: CN¥54.2m (down 23% from 3Q 2023). Profit margin: 6.1% (down from 7.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.47, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. Annonce • Sep 30
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥6.78, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 3.3% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.055 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.055 in 2Q 2023). Revenue: CN¥895.0m (up 24% from 2Q 2023). Net income: CN¥97.4m (up 99% from 2Q 2023). Profit margin: 11% (up from 6.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Jun 29
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Annonce • May 26
Shenzhen Batian Ecotypic Engineering Co., Ltd. Approves Cash Dividend for the Year 2023 Shenzhen Batian Ecotypic Engineering Co., Ltd. at its Annual General Meeting held on 23 May 2024, approved cash dividend per ten shares (tax included) of CNY 1.50000000 for the year 2023. New Risk • May 21
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.8% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks High level of debt (47% net debt to equity). Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Annonce • Apr 29
Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 23, 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd., Annual General Meeting, May 23, 2024, at 15:00 China Standard Time. Location: 30F, No. 63, Xuefu Road, High-tech Park, Nanshan District, Shenzhen, Guangdong China Annonce • Mar 30
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.45, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 18% over the past three years. Annonce • Dec 30
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.079 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.079 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥997.5m (up 68% from 3Q 2022). Net income: CN¥70.3m (up CN¥62.1m from 3Q 2022). Profit margin: 7.1% (up from 1.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Aug 31
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk High level of debt (44% net debt to equity). Annonce • Jun 15
Shenzhen Batian Ecotypic Engineering Co., Ltd. Implements Cash Dividend for the Year 2022, Payable on June 20, 2023 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced implementation (A shares) of cash dividend/10 shares (tax included) of CNY 0.15000000 for the year 2022. Record date: 19 June 2023. Ex-date: 20 June 2023. Payment date: 20 June 2023. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.091 in FY 2021) Full year 2022 results: EPS: CN¥0.14 (up from CN¥0.091 in FY 2021). Revenue: CN¥2.86b (up 15% from FY 2021). Net income: CN¥119.7m (up 48% from FY 2021). Profit margin: 4.2% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.37, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 95% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.003 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (up from CN¥0.003 in 3Q 2021). Revenue: CN¥594.4m (up 4.5% from 3Q 2021). Net income: CN¥8.22m (up 261% from 3Q 2021). Profit margin: 1.4% (up from 0.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Annonce • Oct 12
Shenzhen Batian Ecotypic Engineering Co., Ltd. Approves Board Changes Shenzhen Batian Ecotypic Engineering Co., Ltd. approved the appointment of Sun Liqun as non-independent director and Xu Jia, Wu Yuejuan as independent directors, at its 2nd Extraordinary General Meeting of 2022 held on 10 October 2022. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.053 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.06 (up from CN¥0.053 in 2Q 2021). Revenue: CN¥799.3m (up 24% from 2Q 2021). Net income: CN¥53.2m (up 13% from 2Q 2021). Profit margin: 6.7% (down from 7.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 43%, compared to a 33% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annonce • Jun 24
Shenzhen Batian Ecotypic Engineering Co., Ltd. Implements Final Cash Dividend (A Shares) for 2021, Payable on June 30, 2022 Shenzhen Batian Ecotypic Engineering Co., Ltd. implemented final Cash dividend (A shares) of CNY0.10000000 per 10 shares (tax included) for 2021, payable on June 30, 2022 with record date of June 29, 2022 and ex-date of June 30, 2022. Annonce • May 02
Shenzhen Batian Ecotypic Engineering Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Shenzhen Batian Ecotypic Engineering Co., Ltd. proposed final cash dividend of CNY 0.10000000 per ten shares (tax included) for the year 2021. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.025 (vs CN¥0.01 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.025 (up from CN¥0.01 in 1Q 2021). Revenue: CN¥709.6m (up 37% from 1Q 2021). Net income: CN¥21.7m (up 137% from 1Q 2021). Profit margin: 3.1% (up from 1.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Weixiang Li was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.033 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥568.6m (down 6.8% from 3Q 2020). Net income: CN¥2.28m (down 92% from 3Q 2020). Profit margin: 0.4% (down from 4.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥6.22, the stock trades at a trailing P/E ratio of 46.7x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥6.58, the stock trades at a trailing P/E ratio of 49.5x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 107% over the past three years. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.053 (vs CN¥0.01 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥644.3m (up 42% from 2Q 2020). Net income: CN¥47.0m (up 422% from 2Q 2020). Profit margin: 7.3% (up from 2.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥5.23, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 51% over the past three years. Annonce • May 28
Shenzhen Batian Ecotypic Engineering Co., Ltd. Approves Cash Dividend for the Year 2020 Shenzhen Batian Ecotypic Engineering Co., Ltd. at its annual general meeting held on May 25, 2021, approved cash dividend per ten shares (tax included) of CNY 0.10000000 for the year 2020. Annonce • Apr 30
Shenzhen Batian Ecotypic Engineering Co., Ltd. Announces the Profit Distribution Proposal for 2020 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced the profit distribution proposal for 2020. The company announced Cash dividend/10 shares (tax included) of CNY0.10000000. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.007 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥518.3m (up 13% from 1Q 2020). Net income: CN¥9.17m (up 42% from 1Q 2020). Profit margin: 1.8% (up from 1.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annonce • Feb 26
Shenzhen Batian Ecotypic Engineering Co., Ltd. Announces Board Changes Shenzhen Batian Ecotypic Engineering Co., Ltd. in its Extraordinary General Meeting of 2021 held on 23 February 2021, approved election of Xiang Jing and Li Weixiang as Independent directors,cumulative voting system applicable. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥3.84, the stock is trading at a trailing P/E ratio of 60.6x, down from the previous P/E ratio of 72x. This compares to an average P/E of 35x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 39%. Is New 90 Day High Low • Dec 30
New 90-day high: CN¥4.47 The company is up 17% from its price of CN¥3.83 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: CN¥4.33 The company is up 3.0% from its price of CN¥4.20 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥56.3m, up 297% from the prior year. Total revenue was CN¥2.23b over the last 12 months, down 1.2% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥3.79 The company is down 1.0% from its price of CN¥3.82 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period. Annonce • Aug 14
Shenzhen Batian Ecotypic Engineering Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 Annonce • Jul 30
Ye Xiru completed the acquisition of additional 7.94% stake in Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) from Laibin Hejun Enterprise Management Partnership (Limited Partnership). Ye Xiru signed a share transfer agreement to acquire an additional 7.94% stake in Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) from Laibin Hejun Enterprise Management Partnership (Limited Partnership) for approximately CNY 200 million on December 10, 2019. Under the terms, Ye Xiru will acquire 70.4 million shares at CNY 2.817 per share. Upon completion, Ye Xiru's stake in Shenzhen Batian Ecotypic Engineering Co., Ltd. will increase from 0.01% to 7.95% and Laibin Hejun Enterprise Management Partnership (Limited Partnership) will not hold any stake.
Ye Xiru completed the acquisition of additional 7.94% stake in Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) from Laibin Hejun Enterprise Management Partnership (Limited Partnership) on June 8,2020.