Chaozhou Three-Circle(Group) Co.Ltd(300408) : it is estimated that the net profit in 2021 will be 1.87 billion yuan - 2.23 billion yuan, with a year-on-year increase of 30% - 55%

Chaozhou Three-Circle(Group) Co.Ltd(300408) (300408) disclosed the performance forecast of 2021 on January 27. The company expects to realize the net profit attributable to shareholders of Listed Companies in 2021 of 1.87 billion yuan - 2.23 billion yuan, with a year-on-year increase of 30% - 55%. The company said that benefiting from the wide popularization and application of 5g technology, the growth of demand for automotive electronics and consumer electronics, the strong market demand for superimposed passive components and the good prosperity of the industry, the sales of electronic components, materials and semiconductor components of the company's main products increased significantly, affecting the increase of profits in the current period.