Ningbo Shanshan Co.,Ltd. Provides Earnings Guidance for the First Half of 2017
July 26, 2017
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Ningbo Shanshan Co.,Ltd. provided earnings guidance for the first half of 2017. According to preliminary statistics of its financial department, the Company predicts an increase of between 40% and 60% compared with the same period of the year before in the net profit owned by shareholders of listed company (including Ningbo Ulica Solar Science & Technology Co. Ltd.) in the first half of 2017.
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.