Yangzhou Yangjie Electronic Technology Co.Ltd(300373) the net profit in 2021 is expected to increase by 90% – 110%

Yangzhou Yangjie Electronic Technology Co.Ltd(300373) disclosure of performance forecast. The company expects the net profit attributable to the shareholders of the listed company in 2021 to be 718.7045 million yuan – 794.3576 million yuan, an increase of 90% – 110% over the same period of the previous year.

The company said that in 2021, benefiting from the favorable policies issued by the state and regions and the pull of the downstream market, the company seized the opportunity of accelerating the domestic substitution of power semiconductors, strengthened market development and accelerated the release of new production capacity. During the reporting period, the group’s operating revenue increased by more than 60% year-on-year.

(source: Shanghai Securities News · China Securities Network)

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