Hongda Xingye Co.Ltd(002002) : the net profit in 2021 is expected to increase by 79.15% - 91.96% year-on-year

Hongda Xingye Co.Ltd(002002) (002002) announced on January 27 that the company's pre profit in 2021 was 1.458 billion yuan - 1.562 billion yuan, a year-on-year increase of 79.15% - 91.96%. In 2021, the company's chlor alkali plant was in good operation with stable production and sales. The market price of main products PVC and caustic soda increased compared with the same period last year, and the gross profit increased; The company gave full play to the advantages of integrated circular economy industrial chain and vigorously developed hydrogen energy business. Hydrogen energy, rare earth new materials and other businesses developed rapidly, bringing better profit contribution.

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