Gelonghui 1/18 丨Xiang Fenghua (300890.SZ) announced its 2022 annual performance forecast. The company expects to achieve net profit attributable to shareholders of listed companies of 150 million yuan to 175 million yuan, an increase of 50.24%-75.28% over the previous year; it is expected to achieve net profit of 160 million yuan to 185 million yuan after deducting non-recurring profit and loss, an increase of 55.86%-80.21% over the previous year.
The main reasons for the increase in performance in the reporting period compared to the same period of the previous year:
During the reporting period, benefiting from the continued rise in demand for new energy vehicles, downstream battery manufacturers in the company's industry increased their production efforts. Demand for the company's anode materials increased dramatically. The company seized market opportunities, strengthened its product supply capacity, and increased production and sales significantly.