Wankai New Materials Co Ltd
SZSE:301216
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We don't have any information about Wankai New Materials Co Ltd's insider trading.
Wankai New Materials Co Ltd
Glance View
Wankai New Materials Co Ltd is a CN-based company operating in Chemicals industry. The company is headquartered in Jiaxing, Zhejiang and currently employs 1,330 full-time employees. The company went IPO on 2022-03-29. Wankai New Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polyester materials. The firm is committed to providing polyester materials to customers such as Nongfu Spring, Coca-Cola, C'estbon and Wahaha. The firm's main products include bottle-grade polyethylene terephthalate (PET) and Daguang PET. The firm's products are mainly used in soft drinks, dairy products, alcohol, edible oils, condiments, daily chemicals, electronic products, medical and pharmaceuticals, on-site beverages, and fresh fruits and vegetables. The firm mainly conducts its businesses in the domestic market.
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.
