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    Home > Coatings News > Paints and Coatings Market > CNNC Titanium Dioxide: Net profit in 2014 was approximately RMB 30.58 million

    CNNC Titanium Dioxide: Net profit in 2014 was approximately RMB 30.58 million

    • Last Update: 2021-08-29
    • Source: Internet
    • Author: User
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    5.
    Possess a nationwide marketing network with the advantages of unified procurement and sales channels


    CNNC Titanium Dioxide pays attention to the expansion of the domestic market, established Shanghai CNNC in Shanghai to realize centralized sales of products, established and improved a distribution system covering major regions of the country with a unified trade name, and expanded the market share of Theohua, Jinxing and Haopu trademarks.
    With the help of Shanghai's geographic and information advantages, the company responds to changes in market demand in a timely manner and gains a first-mover advantage in the fierce domestic market competition.
    Shanghai China Nuclear Power has established an excellent sales team to formulate sales plans for domestic and foreign customer positioning and product positioning to ensure the timely and rapid circulation of the company's products and increase the company's market share.


    At present, the company's crude titanium dioxide production capacity has reached 180,000 tons/year, and with the implementation of the company's technological transformation project, the company's titanium dioxide production capacity will continue to increase, and the demand for titanium concentrate and high-titanium slag will continue to grow.
    After the company's major asset reorganization is completed, the procurement process and procurement model will be further sorted out, and Wuxi China Nuclear Power will be set up for unified procurement of titanium ore, and will focus on the advantages of scale procurement.


    Based on the production of titanium dioxide and market conditions, the company controls the purchase of raw materials on a floating basis, and has established long-term strategic partnerships with many domestic and foreign titanium ore suppliers such as Panzhihua Iron and Steel Group, Chongqing Iron and Steel Group, Rio Tinto Group and other titanium ore suppliers.
    Ensure to obtain a competitive purchase price.


    3.
    The plan for profit distribution and capitalization of capital reserve during the reporting period


    The company plans to not distribute cash dividends, no bonus shares, or capital reserve for capital increase during the year.


    Earnings per share: 0.
    0700 yuan


    Return on net assets: 2.
    47%


    Year-on-year change in operating income: 9.
    41%


    Year-on-year change in net profit: 87.
    00%


    Allocation plan: no allocation

    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )
     

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