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2 consecutive limit-up for Jiangnan Chemical: There is still uncertainty regarding whether the company can participate in the "Yaxia Hydropower Project" in the future.
Jin10 data reported on July 22, the stock of Jiangnan Chemical has experienced an abnormal fluctuation, with the cumulative closing price rise deviation exceeding 20% for three consecutive trading days. The company has noticed recent market reports related to the "Yaxia Hydropower Project" concept. In the field of civil explosives, the company focuses on three major business zones: civil explosive products, engineering construction services, and mining operation management. It mainly engages in the research, development, production, and sales of civil explosive materials such as industrial explosives, industrial detonators, and industrial cords, as well as providing engineering construction services to customers. Whether the company can participate in this hydropower project in the future still remains uncertain.