Jinzhou Jixiang Moly Co., Ltd Provides Earnings Guidance for the Year 2017
January 30, 2018
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Jinzhou Jixiang Moly Co. Ltd. provided earnings guidance for the year 2017. For the year, the company predicts that the net profit belonging to shareholders of the company in 2017 will increase by between RMB 175 million and RMB 205 million (based on the disclosed statistics according to relevant regulations), with an increase of between 595.76% and 697.89% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by between RMB 195 million and RMB 225 million (based on the disclosed statistics according to relevant regulations), compared with the same period of the year before.
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.
JINZHOU YONGSHAN LITHIUM CO., LTD. 
