The performance in the first quarter is the same as that in 2021, and the performance of Yinbang shares increased by 279.76%.

Published: Apr 18, 2022 17:23
[first-quarter performance equals the growth of Yinbang shares in 2021] according to the first-quarter performance report previously disclosed by Yinbang shares, the operating income in the first quarter reached 858 million yuan, an increase of 20.26% over the same period last year; the net profit belonging to shareholders of listed companies reached 41 million yuan, an increase of 279.76% over the same period last year. In 2022, Yinbang shares actively layout the company's business, through the product certification process of high-end customers at home and abroad and gradually mass production, has been recognized by more and more high-end markets and high-end customers.

According to the first-quarter performance report previously disclosed by Yinbang, the data showed that the operating income in the first quarter was 858 million yuan, an increase of 20.26% over the same period last year, and the net profit of shareholders belonging to listed companies reached 41 million yuan, an increase of 279.76% over the same period last year.

The main products of Yinbang Co., Ltd. are aluminum heat transfer materials, which can provide heat exchange system materials for the automotive field. In addition to providing battery thermal management materials for new energy vehicles, they can also provide related aluminum heat transfer materials such as air conditioning systems and electronically controlled cooling systems. In 2022, Yinbang shares actively layout the company's business, through the product certification process of high-end customers at home and abroad and gradually mass production, has been recognized by more and more high-end markets and high-end customers.

At the same time, Yinbang shares said that the company continued to improve production technology and technological processes, further promoted lean production management, and further improved product yield, production efficiency and material turnover through strict internal controls. strengthen the management of accounts receivable and actively communicate with customers during the account period, effectively achieve quality improvement and efficiency, and have achieved remarkable results.

Earlier, when accepting investment research, Yinbang said that it would cooperate with Jiangxi Yueda Aluminum Co., Ltd. in the field of annual output of 100000 tons of recycled aluminum to jointly promote the efficient recycling of renewable aluminum and reduce the company's production costs and energy consumption. further enhance the company's competitiveness and comprehensive strength, the current cooperation is smooth.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Rusal Cut Primary Aluminum Output in 2025, While Increasing Alumina and Bauxite Production
7 hours ago
Rusal Cut Primary Aluminum Output in 2025, While Increasing Alumina and Bauxite Production
Read More
Rusal Cut Primary Aluminum Output in 2025, While Increasing Alumina and Bauxite Production
Rusal Cut Primary Aluminum Output in 2025, While Increasing Alumina and Bauxite Production
Rusal's financial report showed that, affected by its capacity optimization plan, full-year 2025 primary aluminum production fell 1.9% YoY to 3.918 million mt (2024: 3.992 million mt). Alumina production, meanwhile, rose 6.7% YoY to 6.858 million mt. In addition, benefiting from the Guinea expansion project and increased equity interests in refineries in China and India, bauxite production increased 16.2% YoY to 18.453 million mt.
7 hours ago
South 32 revised Q2 ‘2026 CIF MJP Premium offer is US$353/mt.
13 hours ago
South 32 revised Q2 ‘2026 CIF MJP Premium offer is US$353/mt.
Read More
South 32 revised Q2 ‘2026 CIF MJP Premium offer is US$353/mt.
South 32 revised Q2 ‘2026 CIF MJP Premium offer is US$353/mt.
According to the latest market news:South 32 revised Q2 ‘2026 CIF MJP Premium offer is US$353/mt.
13 hours ago
ChenZhi Lightweight's New Distributed Electric Drive Rear Subframe Product Delivered
14 hours ago
ChenZhi Lightweight's New Distributed Electric Drive Rear Subframe Product Delivered
Read More
ChenZhi Lightweight's New Distributed Electric Drive Rear Subframe Product Delivered
ChenZhi Lightweight's New Distributed Electric Drive Rear Subframe Product Delivered
[SMM News Flash] According to reports, prototype samples of the new distributed electric drive rear subframe product at ChenZhi Lightweight's Ya'an base completed the first round of bundled delivery. The trial production of the new product took only from March 5, when the molds arrived at the plant, to March 10, when the first batch of products was delivered. Every process, from core making and casting to detection, was carried out manually. This verified the process stability of the fully manual production model in terms of both schedule and quality, and accumulated valuable experience for subsequent upgrading of the post-processing unit and large-scale production.
14 hours ago
The performance in the first quarter is the same as that in 2021, and the performance of Yinbang shares increased by 279.76%. - Shanghai Metals Market (SMM)