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Longbai Group: Net profit in 2021 is expected to increase by 100% to 150% year-on-year

 Last Update: 2021-12-25
 Source: Internet
 Author: User

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On the evening of December 7, Longbai Group issued an announcement stating that the company expects to have a net profit of 4.

According to the announcement, during the reporting period, the company’s main product titanium dioxide market was in a boom cycle, and the sales price increased significantly year-on-year.

In addition, with the gradual advancement of mergers and acquisitions integration, the synergies of various merger and acquisition assets have gradually been brought into play.

Public information shows that Longbai Group’s direct business is engaged in the production and sales of titanium dioxide, zirconium products and aluminum sulfate

On the disk, Longbai Group closed at 27.

In the latest news, on December 2, Longbai Group announced that it had signed an investment contract with the Nanzhang County Government to invest in the construction of a battery-grade lithium iron phosphate project with an annual output of 150,000 tons.
After the production of 200,000 tons of lithium-ion battery anode materials integration project, another announcement on investment in the new energy industry
.

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