On January 21, Zhejiang Hailiang Co.Ltd(002203) (002203) released a performance forecast that the company expects to realize a net profit attributable to shareholders of listed companies of RMB 1.084 billion to RMB 1.220 billion in 2021, with a year-on-year increase of 60% to 80%; The net profit after deducting non recurring profits and losses was 750 million yuan to 886 million yuan, with a year-on-year increase of 74.71% to 106.26%.
The company said that during the reporting period, the global economic recovery continued, and the recovery of downstream demand led to the recovery of demand for copper processing products. In this context, the company has overcome the adverse factors such as power restriction, high copper price and epidemic disturbance, accelerated the implementation of intelligent manufacturing and digital transformation strategy, promoted the comprehensive application of a new generation of low-carbon intelligent and efficient copper pipe production line, maintained the smooth and orderly operation of various businesses, and achieved the business results of product sales growth, structural optimization and profit improvement, Further established the leading edge of the company’s existing business; At the same time, the company actively arranged the copper foil business in the field of new energy materials, enriching the company’s business growth point.
