Ye Chiu Metal Recycling (China) Ltd(601388) 4 the annual performance report for 2021 will be released on the evening of April 25. According to the announcement, the company’s operating revenue from January to December 2021 was 8.283 billion yuan, a year-on-year increase of 47.2%; The net profit attributable to shareholders of listed companies was 852 million yuan, a year-on-year increase of 84.43%; The basic earnings per share is 0.3888 yuan. The company plans to distribute a cash dividend of RMB 0.80 (including tax) to all shareholders for every 10 shares.
Ye Chiu Metal Recycling (China) Ltd(601388) said that the sharp increase in net profit was mainly due to the rise in the prices of aluminum alloy ingots, black and non-ferrous metals, the increase in sales gross profit over the same period, and the prominent advantages of international procurement, production and sales of the group.
On the same day, Ye Chiu Metal Recycling (China) Ltd(601388) also disclosed the plan for non-public offering of shares in 2022. The announcement shows that the issuance objects of this non-public offering are no more than 35 specific objects, and the number of shares in this non-public offering is no more than 600 million shares (including). The total amount of funds raised by this non-public offering of shares shall not exceed 1.5 billion yuan (including). After deducting the issuance expenses, all of them will be used for the expansion project of 1.3 million tons of aluminum alloy ingots in Malaysia.
