The net profit of Tianyuan shares has greatly increased by more than 8 times that of titanium dioxide + lithium battery.

Recently, Tianyuan shares released a semi-annual report that from January to June 2021, the operating income of Tianyuan shares was 8.87 billion yuan, an increase of 2.14% over the same period last year, and the net profit belonging to listed shareholders was 310 million yuan, a big increase of 821.07% over the same period last year.

It is understood that Tianyuan shares is the largest dominant chlor-alkali enterprise in southwest China, committed to being a "green chemical expert" and adhering to the road of circular economy development. The company continues to promote the "one body and two wings" development strategy, on the basis of chlor-alkali chemical industry, on the basis of the existing chlor-alkali industry cycle to expand the industrial chain and value extension, into the titanium chemical industry and lithium materials industry. At present, it has a complete integrated manufacturing cycle industry chain of "resource energy-chlor-alkali chemical industry-chemical new materials and new energy battery materials", forming a wider range of good industrial synergy between upstream and downstream. At the same time, the modern supply chain service is carried out according to the "+ modern supply chain service" mode of "new industry investment, modern supply chain service first". The company's main products include PVC, ionic membrane caustic soda, cement, C2HCl3, chlorinated titanium dioxide, polystyrene, PVC-O pipe, LVT floor, plastic pipeline products and so on.

During the reporting period, the sales price of titanium dioxide has rebounded since it bottomed out last year and continued to rise. The first phase of the company's chlorination titanium dioxide project is running normally, with good product quality, smooth sales and high market recognition. At the same time, due to the arrival of equipment and other factors, the construction time of the second phase of the expansion project has been appropriately delayed. At present, the on-site construction and installation work has been completed, and the single machine debugging is being carried out, and it can be put into trial production after the joint commissioning of the plant is completed. at that time, the company will have an annual production capacity of 100000 tons of chlorinated titanium dioxide.

In terms of new energy, during the reporting period, the company signed a "Comprehensive Strategic Cooperation Agreement" with the Ningde era, and the supply to the Ningde era is also increasing. At the same time, Yibin Libao is expanding its annual production capacity of 10,000 tons of ternary cathode materials. After the project is completed, it will have an annual production capacity of 30,000 tons. In addition, Yibin Libao is also actively carrying out the preparatory work of increasing capital and shares, raising funds to further expand the device scale of cathode materials and precursors, and creating conditions for the follow-up to actively strive for independent listing.

In addition, the chlor-alkali industry has continued the trend of cyclical recovery since the fourth quarter of last year, and the prices of chlor-alkali products, especially PVC, have continued to rise and remain high and relatively stable, especially enterprises with their own calcium carbide raw materials. The company fully seizes the rare market opportunity in the past few years, strengthens production coordination, improves the level of operation and management, and ensures that chlor-alkali and its supporting equipment are always in the best running state. it has made an important contribution to the higher-than-expected benefit and substantial growth in the same period during the reporting period.

Since the 14th five-year Plan, the state has vigorously promoted "carbon neutralization" and "carbon peak". Tianyuan shares actively distribute related industries, follow the trend of industrial development in accordance with the law of industrial development, and seize opportunities for industrial development. actively promote strategic cooperation with other enterprises, with the new capacity put into production and the improvement of the industrial chain, Tianyuan shares will achieve higher quality development.