Ningbo Shanshan Co., Ltd. Provides Earnings Guidance for the Full Year of 2016
January 23, 2017
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Ningbo Shanshan Co. Ltd. Provided earnings guidance for the full year of 2016. For the period, the company predicts a year-on-year decrease of between 35% and 60% in its net profit owned by shareholders of company in the first three quarters of 2016 (including Ningbo Ulica Solar Science & Technology Co. Ltd.), which includes the an increase between 15% and 45% in net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss (including Ningbo Ulica Solar Science & Technology Co. Ltd.) in 2016.
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. 
