Ningbo Shanshan Co.Ltd(600884) net profit in 2021 is expected to increase by 2146% – 2356%

Ningbo Shanshan Co.Ltd(600884) release performance forecast. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be 3100 million yuan to 3390 million yuan, with a year-on-year increase of 2146% to 2356%. During the reporting period, the prosperity of the new energy vehicle industry continued to improve, with strong demand from downstream customers. The company accelerated the release of production capacity of its core business, and the overall sales volume and profitability of lithium battery materials business increased significantly year-on-year.

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