LB Group Co Ltd
SZSE:002601
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LB Group Co Ltd's latest stock split occurred on Apr 27, 2016
The company executed a 35-for-10 stock split, meaning that for every 10 shares held, investors received 35 new shares.
Before the split, LB Group Co Ltd traded at 50.9702 per share. Afterward, the share price was about 9.6196.
The adjusted shares began trading on Apr 27, 2016. This was LB Group Co Ltd's 2nd stock split, following the previous one in Jul 23, 2012.
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LB Group Co Ltd
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LB Group Co. Ltd., headquartered in China, stands as a significant player in the global chemical industry. Known for its expansive production and supply chain, the company excels in the manufacturing of titanium dioxide (TiO2) pigments, which are crucial for providing whiteness and opacity in a myriad of products, from paints and coatings to plastics and papers. Leveraging state-of-the-art technology and a commitment to sustainability, LB Group ensures its manufacturing processes meet both operational efficiency and environmental standards. This focus not only enhances product quality but also positions the company favorably within a market that increasingly values eco-conscious operations. Key to LB Group's financial success is its integrated business model, which spans the entire value chain from raw material procurement to end-product distribution. This holistic approach allows the company to maintain control over costs and optimize its product offerings, meeting diverse customer needs across various industries. By tapping into the competitive advantages of economies of scale and a vast distribution network, LB Group maximizes its revenue streams while continuously investing in innovation and expansion. Its strategic foresight and robust production capabilities enable LB Group to maintain its competitive edge in the global marketplace, driving its profitability and growth prospects.
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