The two subsidiaries of Jinpu Titanium temporarily restricted production and stopped production. The total net profit in the first half of the year accounted for 89% of the net profit of Jinpu Titanium

 With the recent occurrence of power cuts in various regions across the country, "energy efficiency dual control" has once again become the focus of market attention, and some listed companies have begun to be required by regulatory authorities to restrict or suspend production, which affects their daily operations

Two subsidiaries implement production restrictions and stop production measures

Jinpu Titanium Industry stated in the announcement that the company, from the perspective of maintaining the overall situation of social and economic development, fully cooperates with the local government's "dual energy consumption control" initiative

The total half-year net profit of the two subsidiaries accounted for 89% of Gimpo Titanium's half-year net profit

Although Jinpu Titanium said that the impact of the production restrictions and suspension of the two subsidiaries is still uncertain, it can be learned from the semi-annual report of Jinpu Titanium this year

Nanjing Titanium White Chemical Co.

Xuzhou Titanium White Chemical Co.

According to the operating data disclosed above, the total net profit of Nanjing Titanium Dioxide and Xuzhou Titanium Dioxide in the first half of the year was 99.
8832 million yuan, accounting for 89% of the net profit of Jinpu Titanium in the first half of the year
.
Therefore, Nanjing titanium dioxide and Xuzhou titanium dioxide are required to implement production restriction and production suspension measures respectively, which undoubtedly have a significant impact on Jinpu Titanium.
As for how much it will affect, it depends on how long the two companies are restricted and suspended.

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