Shenghe Resources: net interest rate of 5% in 2022. Production and sales planning of main products in the next two years.

According to reports, Shenghe Resources issued a business development plan for 2021-2022, and the company plans to have an operating income of more than 10 billion yuan and a net interest rate of 5% by 2022. Around the established development strategy, the company will timely invest or acquire related projects in the industrial chain to continuously improve the technical level of the development and utilization of rare earth products and improve the added value of the products.

After years of development, the company has formed a whole industry chain of rare earth ore, smelting separation and metal processing, and the zirconium-titanium mineral processing business has developed steadily. At present, the company actually holds about 50, 000 tons of rare earth resources each year, REO, rare earth separation capacity of about 15000 tons / year, rare earth metal processing capacity of 12000 tons / year, seaside placer processing capacity of 500000 tons / year.

The production and sales planning targets of the company's main products in the next two years are as follows:

By expanding the scale, reducing costs and increasing efficiency, the company plans to have an operating income of more than 10 billion yuan and a net interest rate of 5% by 2022. The targets for the next two years are as follows:

Safeguard measures

(1) to speed up the construction of projects and increase production capacity, the company will speed up the renovation project of Leshan Sheng and rare earth smelting separation production lines, Lianyungang rare earth smelting separation project, Lianyungang zirconium and titanium mineral processing project, Chenguang rare earth "annual output of 12000 tons of rare earth metals and alloys intelligent technical transformation project", Coburi "6000 tons of rare earth metal technology upgrading project" and other projects, by increasing investment, Expand production capacity, improve production efficiency, reduce production costs and improve product quality.

(2) consolidate the achievements of overseas cooperation projects and ensure the stable supply of raw materials the company will strengthen business ties with overseas strategic cooperative enterprises, consolidate business cooperation through diversified structures such as capital, capital, technology and market, stabilize and guarantee the supply of raw materials, and lay a solid foundation for the company's business development.

(3) strengthening financial management and optimizing financing structure the company will further strengthen comprehensive budget management, solidly promote the refinement and scientization of budget management, decompose the business plan step by step, and implement it steadily. At the same time, further broaden the financing channels, optimize the financing structure, reduce financing costs, and provide a strong financial guarantee for the sustained and rapid development of the company.