Ningbo Shanshan Co.,Ltd. Provides Earnings Guidance for the Year 2019
January 20, 2020
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Ningbo Shanshan Co.,Ltd. provided earnings guidance for the year 2019. The company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 239 million and RMB 285 million, with a decrease of between RMB 830 million and RMB 876 million and a decrease of between 74% and 79% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 113 million and RMB 163 million, with a decrease of between RMB 140 million and RMB 190 million and a decrease of between 46% and 63% compared with the same period of the year before.
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. 
