Jinzhou Jixiang Moly Co., Ltd Provides Earnings Guidance for the First Half of 2018
June 21, 2018
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Jinzhou Jixiang Moly Co. Ltd. provided earnings guidance for the first half of 2018. For the period, the company predicts an increase of between RMB 109.12 million and RMB 189.12 million in its net profit belonging to shareholders of the listed company in the 1st half of 2018 compared with the same period of the year before, with an increase of between 179% and 311%.
Jinzhou Yongshan Lithium Co Ltd, formerly Jinzhou Jixiang Molybdenum Co Ltd, is a China-based company mainly engaged in the production, processing and sales of molybdenum products and lithium salt products. The Company mainly operates two businesses. The lithium salt product business is engaged in the research, development, production and sales of battery-grade lithium carbonate and battery-grade lithium hydroxide. Product application fields include power batteries for new energy vehicles, energy storage batteries and consumer electronics product batteries. The molybdenum products business is mainly engaged in the production, processing and sales of molybdenum charge. The products include roasted molybdenum concentrate and ferromolybdenum, which are used in the production of stainless steel, alloy steel and special steel. The Company is also engaged in film and television business. The Company conducts its business in domestic and foreign markets.