Gelonghui January 30th 丨Quartz Co., Ltd. (603688.SH) announced that according to preliminary estimates by the finance department, the company expects to achieve net profit attributable to shareholders of listed companies in 2022 of about 978 million yuan to 1,081 million yuan. Compared with the same period last year (statutory disclosure data), it will increase by 69,70,000 yuan to 80,000.00 million yuan, an increase of about 248.06% to 284.72% over the previous year.

After deducting non-recurring profit and loss matters, the company's net profit attributable to shareholders of listed companies in 2022 was approximately 945 million yuan to 1,045 million yuan. Compared with the same period last year (statutory disclosure data), it will increase 700 million yuan to 800 million yuan, an increase of 286.65% to 327.60% over the previous year.

In 2022, driven by rapidly growing demand in downstream photovoltaics, semiconductors and other industries, the company's business performance grew rapidly. Market demand for quartz materials used in the photovoltaic sector increased sharply year-on-year, combined with the gradual release of new production capacity, and production and sales boomed. Quartz materials for semiconductors have benefited from the company's continuous certification from international semiconductor equipment vendors in recent years and continuous R&D investment over the years. The market has also rapidly expanded, and the profit level of major products is clearly superior to the same period.