Shi Da Shenghua: the first half of the year is expected to make a profit of 5.75-595 million yuan compared with the same period last year!

SMM July 14: Shida Shenghua announced that the company is expected to make a profit of 5.75-595 million yuan in the first half of 2021 and lose 42.23 million yuan in the same period in 2020, reversing losses compared with the same period last year.

For the reasons for the company's performance pre-profit, Shi Da Shenghua said: first, due to the influence of market supply and demand, the price of the company's related products increased significantly compared with the same period last year; and in the same period in 2020, affected by the novel coronavirus epidemic, the production and operation of the company's overall chemical industry chain has been hit hard. This year, with the effective control of the epidemic, the company's devices are operating steadily, and the output and sales of major products have steadily increased compared with the same period last year.

On July 9, Shi Dachenghua said that the company, which simultaneously produces five kinds of lithium battery electrolyte solvents, is the world's largest supplier, with obvious advantages in the integration of the industrial chain, the lowest cost and high industry barriers.

On July 13th, Shi Da Shenghua boldly predicted that electrolyte lithium salt 6F and additive VC are expected to be alleviated after the third quarter, and electrolyte shipments will increase greatly, driving the growth of demand for electrolyte solvents. Taking overseas high nickel ternary as the development trend, it is expected to boost the release of EMC solvents. In the medium and long term, five kinds of lithium battery solvents are expected to be in short supply.

As a well-known domestic manufacturer of lithium battery solvents, Shida Shenghua has a production capacity of 50, 000 tons of EMC, and another 50, 000 tons of new projects are under way.