Is Sanfangxiang worth buying?

Not worth buying.

I bought 65,438+0,000 shares of Sanfangxiang, which was used to place the convertible bonds of Sanfangxiang today. As a result, the main force smashed the market. By the close of 65438+10.6, the stock had fallen by 4.8 1%, which really felt like being cut off. At present, I think we should wait and see, and it is best to wait until the low point.

Sanfangxiang publicly issued convertible bonds of 2.5 billion yuan, which was mainly used to invest in Jiangyin Xingjia New Materials Co., Ltd.' s green packaging new material project with an annual output of 6.5438+0.5 million tons and Jiangsu Xingye Plastic Co., Ltd.' s green multifunctional bottle film project with an annual output of 6.5438+0.5 million tons. The main purpose is to consolidate and strengthen the position of polyester industry. At present, this piece is its main business and main source of income.