Pre-increment!Long-term Lithium: It is expected that the annual net profit in 2021 will be 680 million yuan to 700 million yuan, a year-on-year increase of 519.37% to 537.58% _ Oriental Fortune Network

　　Long-term Lithium Branch(SH 688779, closing price: 20.95 yuan) Released on the evening of January 21performanceAnnouncement, it is expected that the annual realization of attributable to the owners of the parent company will be realized in 2021.net profitCompared with the same period of the previous year, it will increase by about 570 million yuan to about 590 million yuan, an increase of 519.37% to 537.58%.The main reason for the change in performance was that, during the reporting period, the strong demand for new energy vehicles saw a substantial increase in sales volume, drivingBatteryThe installed capacity has surged, the downstream customers’ demand for the company’s products has grown rapidly, and the company’s product production and sales have achieved significant year-on-year growth. During the reporting period, benefiting from the rapid growth of downstream demand, the company’s products were in short supply, the production line was operating at full capacity, and the capacity utilization rate was significantly improved. The large-scale production achieved cost reduction and efficiency improvement, product unit manufacturing costs decreased, gross profit increased, and the company’s profit increased.

According to the 2020 annual report,Long-term Lithium BranchIts main business is ternary cathode materials, lithium cobalt oxide cathode materials, spherical nickel, and other businesses, accounting for 84.51%, 8.81%, 6.18%, and 0.5% of its revenue, respectively.

　　Long-term Lithium BranchThe general manager and chairman of the board are Hu Liuquan, male, 53 years old, with a bachelor’s degree.

(Article source: Daily Economic News)

Article source: Daily Economic News

Responsible editor: 91

Original title: Pre-increment! Long-term Lithium: It is estimated that the annual net profit in 2021 will be 680 million to 700 million yuan, a year-on-year increase of 519.37% to 537.58%