Shandong Weida Machinery Co.Ltd(002026) : it is estimated that the net profit in 2021 will be 320-400 million yuan, with a year-on-year increase of 25.79% – 57.24%

Shandong Weida Machinery Co.Ltd(002026) the performance forecast for 2021 was released on January 19. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be 320-400 million yuan, with a year-on-year increase of 25.79% – 57.24%; The basic earnings per share is 0.76 yuan -0.95 yuan.

The company said that the performance growth in 2021 came from two aspects. First, the market demand of the electric tool industry is strong, the orders of the company’s electric tool accessories sector continue to grow, and the market share is further improved; Second, the sales volume of the company’s new energy sector increased, and its profitability improved compared with the same period of last year.

The company is mainly engaged in the manufacturing of electric tools, high-end intelligent equipment and automatic power station for new energy vehicles. It is a leading enterprise in the drilling chuck industry in the world, with extensive brand awareness and high market reputation. In the industry, the company has a global high-end customer base in the field of electric tools. It leads the industry in technology, R & D capacity, product quality, supply capacity and corporate reputation. It is the most important production base of drill chuck in the world.

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