Guangdong Jia Yuan Technology Shares Co.,Ltd. Provides Earnings Guidance for the Full Year of Fiscal 2019
January 14, 2020
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Guangdong Jia Yuan Technology Shares Co.,Ltd. provided earnings guidance for the full year of fiscal 2019. The Company predicts that the net profit belonging to shareholders of the company in 2019 will be between RMB 314,431,100 and RMB 345,431,100, with an increase of between RMB 138 million to RMB 169 million compared with the same period of the year before and a year-on-year increase of between 78.22% and 95.79% (based on the disclosed statistics according to relevant regulations). The net profit belonging to owners of the parent company after excluding extraordinary profit and loss will be between RMB 302,384,200 and RMB 335,384,200, with an increase of between RMB 128 million and RMB 161 million compared with the same period of the year before and a year-on-year increase of between 73.40% and 92.32%(based on the disclosed statistics according to relevant regulations).
Guangdong Jiayuan Technology Co Ltd, formerly Guangdong JiaYuan Technology Shares Co Ltd, is a China-based company mainly engaged in the research, production and sales of all kinds of high-performance electrolytic copper foil for lithium-ion battery and electrolytic copper foil for printed circuit board (PCB). The Company's main products include supper thin copper foil for lithium-ion batteries, ultra-thin copper foil and electrolytic copper foil for PCB. The Company's products are mainly used in lithium-ion batteries, printed circuit boards and other fields. The Company operates its businesses mainly in the domestic market.