CNNC Huayuan - expected profit increase of 150% for main titanium dioxide

On the evening of June 20th, CNNC Titanium White released its 2021 semi annual performance forecast. The company is expected to achieve in the first half of 2021

The net profit attributable to shareholders of the listed company was 613 million yuan to 735 million yuan, a year-on-year increase of 150% -200%.

CNNC Titanium White stated that the reason for the company's performance growth is that during the reporting period, the company's main product, rutile type titanium dioxide

The market is in a strong business cycle, with product supply exceeding demand, and sales prices showing significant year-on-year growth. Meanwhile, during the reporting period,

At the management level, the company strictly controls the ever-changing market environment upstream and downstream of titanium dioxide by locking in low-priced bulk raw materials

Cost; Adjust marketing strategies in real-time based on market conditions: actively research the market and relevant policy directions, as well as other influencing factors,

Timely analyze and understand the market situation, adjust product factory prices and sales policies in a timely manner, enrich product varieties to better serve

Meet market demand.