Net profit of Tongwei shares increased by more than 127% in 2021 compared with the same period last year. Market prices of high purity silicon products are in short supply and rising sharply compared with the same period last year.

According to the preliminary calculation, the company achieved 66.602 billion yuan in operating income in 2021, an increase of 50.68% over the same period last year, and the net profit attributed to shareholders of listed companies was 8.203 billion yuan, an increase of 127.35% over the same period last year. After deducting non-recurring profits and losses, the net profit attributed to shareholders of listed companies was 8.382 billion yuan, an increase of 248.03% over the same period last year. Basic earnings per share were 1.8222 yuan, an increase of 112.35% over the same period last year.

The reasons for the performance changes are as follows: in 2021, thanks to the growth of downstream demand, high-purity silicon products are in short supply, market prices are significantly higher than the same period last year, and the company's high-purity silicon production continues to operate at full capacity, with annual sales of 107700 tons, an increase of 24% over the same period last year, and a big increase in profits. At the same time, the company's solar cells and feed and other business sectors sound operation, maintaining a strong market competitiveness.

At the end of 2021, the total assets of the company were 88.301 billion yuan, and the owners' equity belonging to the shareholders of listed companies was 37.47 billion yuan, an increase of 37.4% and 22.62% respectively over the end of last year.