Ningbo Shanshan Co.,Ltd. Provides Earnings Guidance for First Quarter of 2018
April 18, 2018
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Ningbo Shanshan Co.,Ltd. provided earnings guidance for first quarter of 2018. According to preliminary statistics of its financial department, the company predicts an increase of between RMB 55 million and RMB 75 million in the net profit belonging to shareholders of the listed company in the first quarter of 2018 compared with the same period of the year before (based on the disclosed statistics according to relevant regulations), with a year-on-year increase of between 65.93% and 89.91%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 25 million and RMB 45 million, with an increase of between 31.72% and 57.10% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
Ningbo Shanshan Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers and lithium battery materials. The Company mainly conducts its businesses through nine segments. The Polarizer segment is mainly engaged in the research and development, production and sales of polarizers. The Cathode Material segment provides lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate and lithium manganate. The Anode Materials segment provides artificial graphite, natural graphite, and silicon-based anodes. The Electrolyte Materials segment provides electrolytes and lithium hexafluorophosphate. The Lithium Salt Materials segment provides lithium salts. The New Energy Vehicle segment provides charging services. The Energy Management segment is mainly engaged in material sales, photovoltaic power generation and other businesses. The Company also provides business through Investment segment and Other segment.
NINGBO SHANSHAN CO.,LTD. 
