Green's annual revenue reached 10 billion: 2017 net profit increased by 131.42 % year-on-year

Out of the country, global layout. The company released its 2017 results today, following a strategic purchase with Swiss Glencore to safeguard its core competitiveness in the global manufacturing of ternary battery raw materials. During the reporting period, the company's operating income was 10.752 billion yuan, an increase of 37.22 % over the same period of the previous year, and the net profit of shareholders belonging to listed companies was 610 million yuan, an increase of 131.42 % over the same period of the previous year. Overall, due to the continuous increase in the price of cobalt tungsten and other metals, the main business of Green America has a positive impact; At the same time, with the gradual production of battery materials in the pre-investment project of the battery material plate, the production of battery materials has been further released, which has led to a significant increase in sales data, production scale, and operating performance.

Power new material, Glimmie ambitious

At present, the trade war between China and the United States continues to ferment. As one of the outstanding enterprises in the field of three-yuan battery raw material manufacturing, Greenwood, which has been used for many years by deep ploughing and recycling industry in China, has made great achievements. The high growth performance data shows that it is capable and has strength. Under the background that a few Western countries use the technology advantage of their semiconductor chip to sanction our country's science and technology enterprises, greenmail continuously spreads its strong position in the power material "core" of the new energy vehicle.

After years of hard work, greenmail has become the world's largest power battery material manufacturers. Located in the three major parks of Jingmen, Taixing, and Yuyao, it has become the world's largest intelligent manufacturing base for lithium-ion battery materials. The three-yuan precursor has sold more than 20,000 tons in the year, leading the shipping industry, and battery-grade cobalt oxide precursors. Sales exceeded 11,000 tons in the year, Shipments rank among the highest in the world industry. According to the 2017 results report, the operating income of the battery materials and battery raw materials business sector was 5.532 billion yuan, an increase of 166.16 % over 2016, and a gross profit of 1.331 billion yuan. These bright growth figures are like the blooming flowers of Gesang-brilliant and beautiful.

Cooperation with internationally renowned companies such as CATL and SAMSUNG has consolidated the foundation for Grimm's international status in terms of raw materials and materials for new energy batteries. Under the background of the mainstream supply chain of Samsung SDI and ECOPRO and other international companies, Gelinmeichenggong's exports of ternary battery raw materials and materials reached 2.48 billion yuan in 2017, an increase of 546.76 %.

Looking back at the past, greenmail's acquisition of kellik from 2012 began its first march into ternary battery materials. After hundreds of millions of investments, R&D, and innovation, after just five years of development, such brilliant results cannot be underestimated.

At the Davos Global Circular Economy Awards in 2018, Mr. Xukaihua, chairman of Green America, once said: "Green America is no longer a regional company but an advanced global multinational green company. It is necessary to fulfill the mission of global green development. To contribute to the global green development of Chinese enterprises. According to statistics, in the past 2017, the United States of America handled more than 3 million tons of waste resources, recovered 37 kinds of resources, and recreated 58 kinds of products. It can save 4.03 million tons of standard coal, reduce water pollution by 102.4 billion tons, and reduce deforestation. 1959 hectares, reduce CO2 emissions 10.58 million tons. On the road of green development, Greenway's step has never been.

The future of Green America is promising

Triangle is the most stable composition structure, and it does not seem to violate its inherent law in the application to the company's main business. At present, greenmail has built a core industrial strategy of "urban mining + new energy materials", focusing on three core businesses: cobalt nickel tungsten, battery materials, and waste recycling. Among them, the battery material and battery raw material business have always been one of its core sections. The sector's operating income in 2017 was 5.532 billion yuan, an increase of 166.16 % over 2016, and its rise has given the capital market more imagination. In 2017, the net cash flow generated by operating activities in Greenland was 233 million yuan, a year-on-year increase of 101.26 %. The excellent performance of financial data is the result of the improvement of the core competitiveness of the product and the reasonable adjustment of the structure.

Innovation and research and development is the driving force of enterprise advancement and development. In 2017, Green America promoted the "Battery Recycle-Material Reengineering-Battery Package Reengineering" of the new energy full-life value chain and built a "1 + N" recycling network for used batteries. The new energy full-lifecycle value chain has taken shape, and green + smart manufacturing power battery raw materials have led the industry. Build a power battery cascade utilization base centered on Green America Wuhan Park and a comprehensive utilization and disposal base of waste batteries centered on Gelinmeijingmen Park. The three major power battery dismantling demonstration centers in Wuhan, Wuxi and Jingmen were completed; The Wuhan Cylinder PACK automatic production line, 200 groups/day terraced power battery production line, and vehicle power battery recycling engineering research platform were built. In terms of intellectual property rights, 295 new patents have been filed, and the intellectual property system has all the core business and technology of Fugaigelinmei.

The company's first-quarter operating income reached 3.048 billion yuan, up 80.05 % from a year earlier, and its net profit attributed to shareholders of listed companies was 171 million, up 68.31 % from a year earlier, according to a report in the first quarter of 2018, which was also disclosed.

The performance of a company in the market reflects more or less the personal charm and style of its main leaders. The company's brilliant 2017 results report complements the aggressive and confident approach of its chairman, Mr. Xukaihua, and its main business section is a torrent of global markets.

In the future, greenmail said it will continue to invest in smart green workshops, talent training, and innovation research and development. Its company advocated the establishment of innovation teams led by leading talents and professionals has begun to show results. In terms of production and operation, we will strive to ship more than 8,000 tons of cobalt oxide in 2018, more than 40,000 tons of three yuan precursors, 5,000 tons of lithium cobalt acid materials, and 8000 to 10,000 tons of three yuan materials in 2018, and stand firm in its mainstream market position. Looking at its current performance, greenmail wants to be the world's influential circular industry group with enough say in the international market.

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