Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on October 14, Guoxuan Hi-Tech announced today that it is expected to make a net profit of 147 million yuan to 162 million yuan in the first three quarters, an increase of 116.68% to 138.56% over the same period last year, and a net profit of 82.352 million yuan to 97.1933 million yuan in the third quarter, an increase of 318.9% and 394.4% over the same period last year.

Guoxuan Tech said that under the premise of high raw material prices for power lithium batteries and the company's continued increase in R & D investment, the company's performance in the first three quarters of 2022 still increased significantly compared with the same period last year, mainly due to:

The company seizes the opportunity of the development of the power lithium battery industry to speed up the layout of the whole industry chain. In the third quarter of 2022, the Yichun lithium mine project in Jiangxi is progressing smoothly.

The new production line of the company's power lithium battery has entered the stage of mass production, the scale of production capacity continues to increase, and the production cost continues to reduce.

The company continues to optimize the customer structure, and further develop energy storage business, the company's shipping scale is growing rapidly, business performance is showing a substantial growth.

CTOnews.com learned that China Automotive Power Battery Industry Innovation Alliance announced the September domestic power battery installed in the top 15 enterprises show. Among them, Ningde era firmly ranked first with 47.80%, while BYD, China New Airlines, Guoxuan Hi-Tech and LG New Energy ranked 2-5 with 22.44%, 6.16%, 4.33% and 2.96%, respectively.

On October 8, the opening ceremony of the second phase of the 20GWh project of Yichun Guoxuan battery was held in Yichun City, Jiangxi Province. The construction of the Yichun Guoxuan battery project is planned to be divided into two phases. The first phase of the 10GWh project was officially put into production in May this year, and the second phase of the project, 20GWh, which started on the 8th, is expected to be completed and put into production in October 2023. Lithium battery products will be supplied to domestic and foreign first-class vehicle enterprises and leading enterprises in the field of energy storage in the future.

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