Ningbo Shanshan Co., Ltd Provides Preliminary Earnings Guidance for the First Half of 2016
July 25, 2016
Share
Ningbo Shanshan Co. Ltd. provides preliminary earnings guidance for the first half of 2016. According to preliminary statistics of its financial department, the Company predicts a decrease of between 60% and 70% in the net profit belonging to shareholders of the listed company in the first half of 2016, compared with the same period of the year before (based on the disclosed statistics according to relevant regulations) and a year-on-year increase of between 130% and 150% in the net profit owned by shareholders of listed company in this period after excluding extraordinary profit and loss.
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. 
