Ningbo Veken Elite Group Co., Ltd. Provides Earnings Guidance for the Year 2017
January 26, 2018
Share
Ningbo Veken Elite Group Co., Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the company predicts the net profit belonging to shareholders of listed company in 2017 to be between RMB 47 million and loss of RMB 37.10 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 49 million and RMB 133.10 million.
Veken Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of lithium-ion batteries. The Company's consumer electronics products include pure manganese batteries, ternary batteries, ternary manganese-added batteries, ternary cobalt-added batteries, and pure cobalt batteries, which are mainly used in smartphones, laptops, power banks, smart homes, and drones. The Company's small power battery products include lithium iron phosphate batteries and ternary batteries, which are mainly used in electric two-wheeled vehicles, power tools and other fields. The Company distributes its products within the domestic market and to overseas markets.
VEKEN TECHNOLOGY CO., LTD. 
