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Trade Service
On July 6, Erlian Lianchuang Co.
, Ltd.
issued an announcement on abnormal fluctuations in stock trading, saying that the company's new projects are 8,000 tons/year polyvinylidene fluoride (PVDF) projects, 60,000 tons/year biodegradable polymer projects, and fourth-generation projects.
The new environmentally friendly foaming agent project is still under construction, and the follow-up construction and trial production of the project still need to be checked and accepted, and related procedures will be handled
.
The 60,000-ton/year biodegradable polymer project is under construction in the company's existing production plant.
It is currently in the stage of engineering design and key equipment procurement.
The project has not yet started construction, and will not have a significant impact on the company's performance in the short term
.
It is understood that the main business of Lianchuang is the new chemical material sector and the Lianchuang digital sector
.
The financial report shows that the first half of 2021 is expected to turn losses into profits year-on-year
.
Regarding the main reason for the change in performance, Lianchuang said that it was mainly due to the better market conditions in the chemical new material industry, and the average selling price and gross profit of products increased rapidly compared with the same period of the previous year; the scope of consolidation in this reporting period was changed compared with the same period of the previous year, and the loss of digital marketing companies are no longer included in the scope of the consolidated financial statements for the current period; the estimated non-recurring profit and loss amount for the reporting period is approximately 1.
65 million
.
