The company's lithium materials and equipment business has developed well, and its shares have risen accordingly

Thanks to the rapid growth of lithium-electric materials and equipment business, Koheng shares have achieved a bright report card.

The company's revenue from January to March was 609 million yuan, up 87.18 % from a year earlier, and its net profit of 28.3751 million yuan, up 37.24 % from a year earlier, according to the company's first quarter report.

Among them, rare earth luminescent materials achieved operating income of 21.139 million yuan, an increase of 5.71 % year-on-year, lithium electric materials achieved operating income of 397 million yuan, an increase of 82.31 % year-on-year, and lithium ion battery automation production equipment achieved operating income of 167 million yuan, an increase of 94.94 % year-on-year; The company's revenue and net profit both increased significantly in the current period.

Ke Heng said that during the reporting period, the company's revenue and net profit increased significantly. The main reason was that the company's new energy industry and the company's lithium cathode materials and lithium ion battery automation production equipment business developed well, and the company proceeded in an orderly manner according to the business plan. Work, operating income stable growth; Compared with the same period of last year, Shenzhen Haoneng Technology Co. Ltd., a subsidiary of this period, has a good growth in the business performance of lithium ion battery automation production equipment, and revenue and profits have increased significantly year-on-year.

It is known that the lithium electric materials of the company are mainly lithium cobalt acid and ternary materials. Under the urgent situation of increasing energy density demand, the ratio of ternary power batteries has increased significantly, driving the production and sales of upstream ternary materials and precursors. Mainstream companies, including Keheng shares, reported very bright results last year and the first quarter of this year.

It is worth mentioning that at present, the cathode material industry has reached the stage where it competes with the technological level, R&D capabilities, and financial strength of the company. The three-part material of Kexieng SHARES has gradually upgraded to the high-end, including Gaodianya and Lithium Cobalt. The company's strategy is to do all kinds of positive materials, meet the needs of downstream customers in all aspects, and actively store emerging technologies and products in the industry.

The outstanding performance of the lithium electric equipment business of Keheng SHARES stems from the subsidiary Haoneng Technology. According to data, Haoneng Technology was established in 2005 and is a supplier of overall solutions for the automation of lithium ion batteries. It mainly produces high-precision lithium ion battery positive and negative plate coating machines, splitter machines, roll equipment, battery diaphragm coating, and blenders. Equipment, and widely used in the high-end market, It has become a major supplier of high-end lithium battery manufacturers in the industry and its market share has continued to increase.

As the leading domestic company in the area of lithium battery coating machines, Haoneng Technology's 2017 performance has grown significantly. In the first quarter of this year, it continued the high growth trend of last year and became the mainstay of profit growth for its parent company, Keheng.

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