Ningbo Shanshan Co.,Ltd. Provides Earnings Guidance for the Nine Months Ended September 2017
October 22, 2017
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Ningbo Shanshan Co.,Ltd. provided earnings guidance for the nine months ended September 2017. The company predicts an increase of between 50% and 60% in the net profit belonging to shareholders of listed company from January to September 2017 compared with the same period of the year before (including Ningbo Ulica Solar Science & Technology Co. Ltd.).
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.