2.697 billion yuan Fenghua Hi-Tech revenue in the first half increased by 51.85% compared with the same period last year

On August 26th, Fenghua Hi-Tech disclosed its semi-annual report that the company's operating income was 2.697 billion yuan in 2021, an increase of 51.85% over the same period last year; the net profit of its parent was 506 million yuan, an increase of 98.77% over the same period last year; and the profit of the company's main business reached an all-time high in the second quarter.

The announcement pointed out that during the reporting period, Fenghua Hi-Tech accelerated the construction of investment projects for its main products, and the first phase of the high-end capacitor base project with an additional monthly production of 45 billion units has been successfully put into production; the new monthly production of 28 billion chip resistors has completed most of the equipment selection.

Fenghua Hi-Tech's high-end capacitor base project was officially launched in May 2020 with a total investment of 7.5 billion yuan and is expected to reach full production in October this year. At present, the second and third phase of the high-end capacitor base project is in progress. after all production is reached, the company's monthly production capacity of chip capacitors will increase by 45 billion pieces per month, with an annual output value of about 5 billion yuan.