In the long run, Lithium expects to double its net profit in 2022

On January 4, Long-term Lithium announced that it is expected to achieve a net profit attributable to the owner of the parent company of 1.
4 billion ~ 1.
6 billion yuan in 2022, an increase of 99.
82% ~ 128.
36% over the previous year; The net profit attributable to the owners of the parent company, net of non-recurring profits and losses, was 1.
349 billion ~ 1.
549 billion yuan, an increase of 97.
66% ~ 126.
97%
over the previous year.

In view of the reasons for the change in performance, Long-term Lithium Technology said that during the reporting period, the demand for the company's new models and new technology products by downstream customers grew rapidly, and the company's 40,000 tons/year automotive lithium battery cathode material expansion project fully achieved full load operation, and part of the production line of the second phase of the project completed construction and trial operation, and product production and sales increased
significantly.
At the same time, with the commissioning of some new production lines, new technologies and new equipment have been put into use, which has greatly improved the production efficiency of the production line and reduced the production cost
.
Under the scale effect brought by the expansion of production capacity, the company's cost control ability has been further improved, and the net profit has increased
.
In addition, the price and supply of raw materials fluctuate greatly, and the company's operating department has further improved
the company's net profit by implementing procurement strategies such as signing long orders with suppliers at the right time, ensuring the stable supply of raw materials, orderly promoting production, and delivering customer orders on time and in quantity.