资料显示，红四方隶属于中盐集团，是专业从事复合肥和氮肥产品研发、生产、销售和服务的化肥生产企业，为中盐集团农肥业务板块的运营主体，入选国务院国资委“双百企业”名单。经过多年技术创新、产品研发、工艺优化和渠道建设，公司已形成以复合肥产品为主，并向上游氮肥产业延伸的完整的研发、生产、销售和农化服务体系，产品主要包括常规复合肥料、各种作物配方肥、新型特种肥料、氮肥等多个系列数百个品种规格，公司复合肥产销量位列中国复合肥行业前列。①The new stock N red square soared on the first day of listing, with an intraday increase of 2256%, reaching a high of 188 yuan per share, with an issue price of 7.98 yuan per share, and the maximum profit for a single share exceeding 0.09 million. ②N Red Square is mainly engaged in the research and development, production, sales, and services of compound fertilizers and nitrogen fertilizer products, and has formed a complete research and development, production, sales, and agricultural chemical service system. ③N Red Square surged on the first day of listing, stimulating speculative trading in its name, causing several stocks including SF Diamond to rise sharply in the short term.
Financial Associated Press reported on November 26th that the money-making effect of new stocks since the beginning of this year is still ongoing. This morning, the new stock Red Square soared on the first day of listing to nearly 960%, triggering a temporary trading halt. At 10:15, after resuming trading, N Red Square surged again by 1203.26%, triggering a second trading halt. After resuming trading, the new stock N Red Square's intraday increase widened to 2256%, reaching a high of 188 yuan per share, second only to Qiangbang New Material's 24-fold increase on the first day of listing this year. It is worth noting that the stock's issue price is 7.98 yuan per share, which means that the maximum profit for a single share can exceed 0.09 million.
As of the midday close, the stock has retraced from its high but still has a huge increase, closing at 129 yuan per share, a 1517% increase.
Data shows that Red Square belongs to China National Salt Industry Group and is a fertilizer production enterprise specializing in the research and development, production, sales, and services of compound fertilizers and nitrogen fertilizers. It is the operating entity of the fertilizer business sector of China National Salt Industry Group and has been selected for the list of 'top 200 enterprises' by the State-owned Assets Supervision and Administration Commission of the State Council. After years of technological innovation, product research and development, process optimization, and channel construction, the company has formed a complete research and development, production, sales, and agricultural chemical service system focusing on compound fertilizer products and extending to the upstream nitrogen fertilizer industry. The products mainly include conventional compound fertilizers, various crop-specific fertilizers, new special fertilizers, nitrogen fertilizers, and other series of products with hundreds of specifications. The company's production and sales of compound fertilizers rank among the top in China's compound fertilizer industry.
The company has established a sales network and agricultural chemical service system covering all 31 provinces, autonomous regions, and municipalities directly under the central government. Since 2015, the company has been cooperating with the National Agricultural Technology Extension Service Center of the Ministry of Agriculture and Rural Affairs to conduct trials and field demonstrations of Red Square slow-release fertilizers, controlled-release fertilizers, water-soluble fertilizers, and other new types of fertilizers for rice, corn, wheat, peanuts, and other crops in 24 provinces, autonomous regions, and municipalities directly under the central government, including Anhui, Henan, Shandong, and Zhejiang. The company actively explores the construction of a smart agriculture service system and has established stable cooperative relationships with several well-known domestic agricultural industrialization leading enterprises.
Furthermore, the soaring on the first day of listing of Red Square once again stimulated speculative trading in its name, leading to a nearly 10% surge in Square Diamond intraday. Square New Material, Square Precision Creation, and Square Technology also rose in the short term.
It is worth mentioning that since the '924' recovery in the market, the money-making effect of A-shares has significantly increased compared to before, and the returns of new stocks have also risen accordingly. Changlian Technology, listed on September 30th, is the most profitable new stock this year. The stock soared 17 times on the first day of listing, which means a profit of 0.1799 million yuan for 500 shares. Strongbang New Material, listed on October 11th, followed closely behind, similarly surging 17 times on the first day of listing with a profit of 0.0842 million yuan. It is worth noting that the stock surged by 24 times on the first day of listing, marking the highest increase of a new stock this year.
On October 11th, Qiangbang New Material, which was listed, surged 17 times on the first day of listing, with first-day profits reaching 0.0842 million yuan. It is worth mentioning that on the first day of listing, the stock soared by 24 times, setting the highest increase of the year for new stocks.
The closest new stock to the current one is Yilian Technology, which went public on November 22nd, soaring 184% on its first day, with a first-day profit of 0.067 million yuan.
