According to the announcement of Yunnan Yuntianhua Co.Ltd(600096) , on February 16, 2022, the company signed a cooperation agreement on the whole industry chain project of new energy batteries with Yuxi Municipal government, Yunnan Energy New Material Co.Ltd(002812) , Eve Energy Co.Ltd(300014) and Huayou holdings, and agreed that all parties would jointly establish two joint ventures in Yuxi City. After obtaining the exploration and mining rights through the joint venture, the company would jointly mine mineral resources, carry out mineral deep processing, joint research and development Produce and sell new energy batteries and upstream and downstream materials of new energy batteries, drive the construction of new energy battery industry chain, and jointly promote the formation of the whole industrial chain cluster of new energy batteries in Yuxi City. The four companies plan to build new energy batteries, lithium battery isolation membrane, iron phosphate, lithium iron phosphate, copper foil and other battery supporting projects in Yuxi City around the target mineral resources in Yuxi City in the future. The above projects are invested in three phases: the first phase of the project promises to invest about 18.05 billion yuan, which will be completed before December 31, 2023. The promised investment for phase II of the project is about 33.65 billion yuan, which will be completed before December 31, 2025. The third phase of the project is planned to be completed by 2030.
[ company report ]
Yunnan Yuntianhua Co.Ltd(600096) net profit in 2021 is expected to increase by 1187% – 1260%
Yunnan Yuntianhua Co.Ltd(600096) release performance forecast. It is estimated that the net profit attributable to the shareholders of the listed company will reach 350 million yuan to 370 million yuan in 2021, with an increase of 1186.59% to 1260.11%.
During the reporting period, the agricultural planting area increased and the demand for chemical fertilizer increased. With China’s supply side reform and limited international new production capacity, the scene of the chemical fertilizer market increased. At the same time, with the recovery of China’s economy, the market prices of chemical products of polyoxymethylene, yellow phosphorus and calcium feed companies have increased.
Yunnan Yuntianhua Co.Ltd(600096) : stop production of 80000 T / a synthetic ammonia plant of the subsidiary
According to the announcement of Yunnan Yuntianhua Co.Ltd(600096) , in order to optimize the overall energy consumption level of the company and ensure the effective self-sufficiency of the company’s synthetic ammonia, on January 4, 2022, the company stopped the production of the 80000 ton synthetic ammonia plant of the wholly-owned subsidiary Yunnan Yunnan Yuntianhua Co.Ltd(600096) Red Phosphorus Chemical Co., Ltd. (hereinafter referred to as “red phosphorus chemical”). The technology adopted by the 80000 T / a synthetic ammonia plant that is shut down this time is “fixed bed intermittent air atmospheric pressure gasification technology”, which has small production capacity, backward equipment and technology, and high unit energy consumption index and production cost. After the shutdown of the unit, other ammonia plants of the company can supply the raw materials required for the production of red phosphorus chemical fertilizer, which will not have a significant impact on the supply of ammonia and the production and operation of chemical fertilizer products of the company.
