An explosion occurred in Workshop 1 of the Chinese pesticide company Youdao Chemical, causing its affiliated company HIMILE SCIENCE AND TECHNOLOGY to plunge 6.4% during trading
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An explosion occurred in Workshop 1 of Chinese pesticide company Youdao Chemical, leading to a sharp intraday decline of 6.4% in the stock price of its affiliated company HIMILE SCIENCE AND TECHNOLOGY. The incident took place in Gaomi, Shandong, and rescue operations are currently underway. Meanwhile, HIMILE SCIENCE AND TECHNOLOGY's competitor ANHUI GUANGXIN AGROCHEMICAL quickly surged and hit the upper limit of its price increase at the same time. Youdao Chemical is a subsidiary of HIMILE Group, established in 2019, focusing on the manufacturing of chemical raw materials and products
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