Pre-increment!Baofeng Energy: It is estimated that the annual net profit in 2021 will be 6.8 billion to 7.2 billion yuan, a year-on-year increase of 47.1% to 55.75%.

　　Baofeng Energy(SH 600989, closing price: 17.04 yuan) Released on the evening of January 12performanceAnnouncement, the company is expected to be attributable to listed companies in 2021shareholderofnet profit6.8 billion to 7.2 billion yuan, an increase of about 2.177 billion yuan to about 2.577 billion yuan compared with the same period of the previous year, a year-on-year increase of 47.1% to 55.75%. The pre-increase in performance this time is mainly due to the continuous improvement of the company’s industrial chain and the more obvious advantages of industrial chain integration, which effectively alleviates the impact of the sharp rise in raw material prices; at the same time, the company’s main product prices in 2021 will increase year-on-year. As the company continues to tap potential Efficiency enhancement, continuous optimization of the process structure, strengthening of production management, significant improvement in operating efficiency, and substantial growth in overall profitability.

According to the 2020 annual report,Baofeng EnergyThe main business of the company is the chemical industry and the coking industry, accounting for 67.01% and 32.67% of the revenue respectively.

　　Baofeng EnergyThe chairman of the board is Dang Yanbao, male, 49 years old, with a master’s degree; the president is Liu Yuanguan, male, 56 years old, with a master’s degree.

(Article source: Daily Economic News)

Article source: Daily Economic News

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Original title: Pre-increment! Baofeng Energy: It is estimated that the annual net profit in 2021 will be 6.8 billion to 7.2 billion yuan, a year-on-year increase of 47.1% to 55.75%