Chengxin Lithium Group Co.Ltd(002240) (002240) disclosed the performance forecast for 2021 on January 25. The company expects to realize the net profit attributable to the shareholders of the listed company of RMB 830 million-920 million in 2021, with a year-on-year increase of 2954.31% – 3285.50%.
The announcement said that the company’s performance in 2021 increased significantly compared with the same period of last year, mainly due to the rapid development of new energy industry during the reporting period, the strong growth of downstream customers’ demand for lithium salt, and the sharp increase of the company’s production, sales and sales price of lithium salt compared with the same period of last year.
