Yunnan Energy New Material Co.Ltd(002812) : the production and sales of wet lithium battery isolation film increased, and the net profit in 2021 increased by 138% – 147% year-on-year

Yunnan Energy New Material Co.Ltd(002812) the performance forecast for 2021 was released on the evening of January 10. The company expects to realize a net profit of RMB 2.66 billion-2.76 billion attributable to the shareholders of the listed company in 2021, an increase of 138.44% – 147.40% over the same period of the previous year; It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is RMB 2.557-2.657 billion, an increase of 158.15% – 168.25% over the same period of the previous year; The basic earnings per share is expected to be 2.98 yuan -3.09 yuan.

As for the reasons for performance changes, the announcement shows that during the reporting period, the company benefited from the continuous improvement of the production capacity of wet lithium battery isolation membrane and the continuous consolidation of competitive advantage, and the company grasped the industrial development opportunity of lithium battery isolation membrane business and continued to explore domestic and foreign markets. The output and sales of wet lithium battery isolation membrane continued to grow steadily, and the company further strengthened internal management, It has effectively improved the efficiency of operation and management, reduced costs and increased efficiency, and significantly improved the overall profit level of the company.

(source: China Securities Journal · China Securities Network)

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