Guangdong Jiayuan Technology Co.Ltd(688388) : the net profit in the first quarter increased by 80.71% to 109.25% year-on-year

Guangdong Jiayuan Technology Co.Ltd(688388) ( Guangdong Jiayuan Technology Co.Ltd(688388) ) announced on March 28 that the operating revenue of the company in the first quarter of 2022 is expected to be 949 million yuan to 1.099 billion yuan, with a year-on-year increase of 78.92% to 107.17%; It is estimated that the net profit attributable to the shareholders of the listed company in the first quarter is 200 million yuan to 232 million yuan, with a year-on-year increase of 80.71% to 109.25%.

According to the announcement, during the reporting period, the first production line with an annual output of 5000 tons of “high-performance copper foil project with an annual output of 15000 tons” in shaping Industrial Park, baidu Town, Meixian District, Meizhou City, invested and constructed by the company with initial over raised funds and convertible bonds, successfully reached production capacity, and the overall production capacity was improved; At the same time, thanks to the increased demand in the downstream market, the product structure was further optimized and the operating performance was steadily improved.

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