Gelonghui January 13th 丨Xingfa Group (600141.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies of 5.8 billion yuan to 6 billion yuan in 2022, an increase of 36.58%-41.29% over the previous year. After deducting non-recurring profit and loss, the company expects net profit attributable to shareholders of listed companies to be 6,0384.5 billion yuan to 6,2384.5 billion yuan in 2022, an increase of 34.58%-39.04% over the previous year.

Net profit attributable to shareholders of listed companies increased significantly during the reporting period compared to the same period last year. It was mainly affected by the following factors: First, during the reporting period, due to cyclical fluctuations in the agrochemical industry, sales prices of the company's products such as glyphosate, phosphate ore, yellow phosphorus, etc., increased to varying degrees compared to last year, and profitability increased markedly. The company actively grasped market opportunities, scientifically organized production and operation, and fully exploited the advantages of the “integration of mining, electricity, phosphorus and phosphorus” and “phosphorus-silicate collaboration” industry chains. Second, benefiting from the rapid development of emerging industries such as food processing, carbon fiber, and integrated circuits during the reporting period, the company's market demand for growing products such as food additives, specialty chemicals, and wet electronic chemicals was good. The scale of revenue grew steadily, operating efficiency increased markedly, and its performance contribution reached 30%.