Novoray Corporation(688300) the net profit in 2021 is expected to exceed 172 million yuan

On January 24, Novoray Corporation(688300) issued an announcement on the advance increase of annual performance in 2021. It is estimated that the net profit attributable to the owners of the parent company will reach 172 million yuan to 182 million yuan in 2021, an increase of 61.0838 million yuan to 71.0838 million yuan, an increase of 55.07% to 64.09% year-on-year compared with the same period of the previous year (statutory disclosure data).

For the reasons for the performance improvement, Novoray Corporation(688300) said that the sales of spherical silicon powder and spherical alumina products required by high-end chip packaging increased. The sales volume of spherical silicon powder required by sopqfnbgamuf and other packaging requirements, memory memory chip packaging requirements and spherical alumina required by high thermal conductivity epoxy plastic sealant increased. Secondly, the sales volume of series spherical silicon powder with reduced DF value applied to the demand of high-frequency and high-speed copper clad laminate increased. Third, the number of overseas customers and their subsidiaries in China has increased.

In addition, the market sales of thermal interface materials increased. The company has accumulated many years of experience in the field of fillers and continues to serve customers in the thermal interface material industry. It has established close supply relations with many well-known customers at home and abroad. The corresponding orders of spherical alumina continue to increase, especially in the field of thermal conductive adhesive for new energy vehicle batteries. The orders of spherical alumina increase significantly.

Novoray Corporation(688300) said that the capacity of the company’s raised investment projects was further released. The electronic grade new functional material project of the wholly-owned subsidiary was put into trial operation in the fourth quarter of 2021, and the capacity and output continued to grow.

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