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【Chemical Machinery and Equipment Network Star Enterprise】On October 29, 2022, Fulongma Group Co.
, Ltd.
(stock abbreviation: Fulongma, stock code: 603686), issued an announcement that it plans to invest 550 million yuan to build a low-carbon-high-value-overall resource utilization project for lithium-ion batteries, which will build an annual output of 50,000 tons of waste lithium-ion batteries and pole scrap recycling and resource utilization production lines and supporting facilities, with a land area of 118 mu
.
, Ltd.
(stock abbreviation: Fulongma, stock code: 603686), issued an announcement that it plans to invest 550 million yuan to build a low-carbon-high-value-overall resource utilization project for lithium-ion batteries, which will build an annual output of 50,000 tons of waste lithium-ion batteries and pole scrap recycling and resource utilization production lines and supporting facilities, with a land area of 118 mu
.
According to the announcement, the investment in this project aims to actively respond to the call of the country to develop a green economy, carry out a strategic layout in the field of power battery recycling, and extend the company's industrial chain in the field of solid waste recycling, which will open up new business of lithium battery recycling and effectively promote the landing of the project to meet the development needs
of lithium battery recycling business.
of lithium battery recycling business.
It is understood that Fulongma is an environmental sanitation overall solution provider integrating urban and rural environmental sanitation system planning and design, sanitation equipment R&D, manufacturing and sales, sanitation operation and investment, focusing on environmental sanitation, constantly exploring and innovating in the field of sanitation equipment, and has formed three core product systems of sanitation cleaning, garbage collection and transportation, and new energy sanitation equipment, which can widely meet the needs
of urban and rural sanitation cleaning and garbage collection and transfer and other sanitation operations.
of urban and rural sanitation cleaning and garbage collection and transfer and other sanitation operations.
According to the third quarter report of 2022 released by Fulongma on the same day, in the first three quarters, Fulongma's main business income was 3.
690 billion yuan, a year-on-year decrease of 12.
10%, of which the revenue of sanitation service business was 2.
631 billion yuan, a year-on-year increase of 5.
33%, accounting for 71.
30% of the company's main business income; The revenue of sanitation equipment was 980 million yuan, down 38.
03% year-on-year, accounting for 26.
56% of the company's main business income; PPP project asset construction service revenue was 61 million yuan, down 43.
49% year-on-year, accounting for 1.
65% of the company's main business income; Electricity sales revenue was 18 million yuan, up 63.
62% year-on-year, accounting for 0.
49%
of the company's main business income.
690 billion yuan, a year-on-year decrease of 12.
10%, of which the revenue of sanitation service business was 2.
631 billion yuan, a year-on-year increase of 5.
33%, accounting for 71.
30% of the company's main business income; The revenue of sanitation equipment was 980 million yuan, down 38.
03% year-on-year, accounting for 26.
56% of the company's main business income; PPP project asset construction service revenue was 61 million yuan, down 43.
49% year-on-year, accounting for 1.
65% of the company's main business income; Electricity sales revenue was 18 million yuan, up 63.
62% year-on-year, accounting for 0.
49%
of the company's main business income.
In addition, Fulongma held the second meeting of the sixth session of the board of directors on October 28, 2022, deliberated and passed the "Motion on the Proposed Cancellation of Some Sanitation Service Project Subsidiaries", and agreed to cancel its holding subsidiary Nantong Longma Environmental Sanitation Engineering Co.
, Ltd.
, its holding subsidiary Shanghang Longma Environmental Industry Co.
, Ltd.
, and its holding subsidiary Guizhou Longma Environmental Technology Co.
, Ltd.
, Ltd.
, its holding subsidiary Shanghang Longma Environmental Industry Co.
, Ltd.
, and its holding subsidiary Guizhou Longma Environmental Technology Co.
, Ltd.
It can be seen that Fulongma's performance in the field of sanitation has declined, and intends to reduce the business of the sanitation sector, this time to develop lithium battery new energy business, actively layout new fields, is to promote the company's long-term development of measures
.
.
According to the announcement, this investment will help promote the development and landing of new lithium battery regeneration business, which is in line with the company's industrial layout and development strategy in the field of new energy, is conducive to the company's long-term development layout and future economic benefit improvement, promotes the company's sustainable and healthy development, and is expected to have a positive impact on the company's future performance, in line with the company's long-term development strategy and the interests of
all shareholders.
all shareholders.
Disclaimer: The purpose of this site to publish this information is to disseminate more information, which has nothing to do with
the position of this site.
And solemnly remind all readers, the stock market is risky, investment needs to be cautious, this article is not used as a reference for any investment advice and basis
.
the position of this site.
And solemnly remind all readers, the stock market is risky, investment needs to be cautious, this article is not used as a reference for any investment advice and basis
.
