Jiangxi Hungpai New Material Co Ltd
SSE:605366
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We don't have any information about Jiangxi Hungpai New Material Co Ltd's insider trading.
Jiangxi Hungpai New Material Co Ltd
Glance View
Jiangxi Hungpai New Material Co., Ltd. engages in the research, development, production, and sales of silicon-based new materials such as functional silanes and nano-silicon materials. The company is headquartered in Jingdezhen, Jiangxi and currently employs 1,100 full-time employees. The company went IPO on 2020-08-12. The firm's primary products are silane coupling agents and fumed silica. The silane coupling agent products include HP-669, HP-669C, HP-1589 and HP-1589C, which are used in rubber and tire manufacturing areas. The fumed silica products include HP-150, HP-200 and HP-380, which are used as rubber reinforcing agents, plastic fillers, ink thickening agents and matting agents, covering rubber, building materials, medicine, coatings and other fields. The firm also produces and supplies steam and electricity through its subsidiary.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
