Guangdong Chaohua Technology Co.Ltd(002288) (002288) disclosed the performance forecast of 2021 on January 25. The company expects to realize the net profit attributable to the shareholders of the listed company of 118-130 million yuan in 2021, with a year-on-year increase of 449.63% – 505.53%; It is expected to realize the deduction of non net profit of 148-160 million yuan, with a year-on-year increase of 314.85% – 348.60%.
Guangdong Chaohua Technology Co.Ltd(002288) said that benefiting from the rapid development of 5g, IDC, consumer electronics and other fields, downstream customers have strong demand for copper foil and copper clad laminate. At the same time, factors such as the rise of copper foil processing fee and the rise of copper clad laminate price drive the increase of product gross profit margin; In addition, the company’s annual output of 8000 tons of high-precision electronic copper foil project (phase II) was successfully put into operation in November 2020, and the company’s copper foil production capacity was greatly improved, driving the growth of operating revenue.
