Products are expanded to consumer electronics, new energy batteries and other fields. Xiangyuan New Materials’ 2021 net profit will increase by 17.09% year-on-year.

　　Xiangyuan New Materials(300980) recently released 2021performanceExpress.During the reporting period, the company achieved a total operating income of 457 million yuan, an increase of 44.44% over the same period last year, attributable to listed companiesshareholderofnet profitIt was 87.7363 million yuan, an increase of 17.09% over the same period last year, and the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 74.2858 million yuan, down 0.8% over the same period last year.

For the main factors affecting business performance,Xiangyuan New MaterialsSaid that in 2021, the company will expand its products to building decoration materials,Consumer Electronicsproducts, automotive interior materials, household appliances,medical instrumentsproducts, new energyBatteryAnd many other application fields, continue to build core competitive advantages in the field of new materials, on the basis of consolidating existing customers and channels, continue to carry out horizontal industry expansion and new product market development, to achieveOperating incomeof steady growth.

At the same time, in 2021, the prices of the company’s main raw materials will continue to rise and remain high, resulting in a smaller growth rate of net profit for the period than that of operating income, and a slight decrease in net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses.

According to the official website,Xiangyuan New MaterialsFounded in 2003, the company specializes in the production of environmentally friendly cross-linked polyolefin foam. As a green and environmentally friendly cushioning, sealing, waterproof and shock-absorbing material, the product is widely used in the field of automotive interiors, electronics, architectural acoustics, thermal insulation , packaging buffer, medical and other fields.

(Article source: Panorama Network)

Article source: Panorama Network

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original title:[公司]Products are expanded to consumer electronics, new energy batteries and other fields, and Xiangyuan New Materials’ 2021 net profit will increase by 17.09% year-on-year