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According to the 2020 annual report released by Kingfa Science and Technology, during the reporting period, the operating income was 35.
061 billion yuan, a year-on-year increase of 19.
72%, and the net profit attributable to shareholders of the listed company was 4.
588 billion yuan, a year-on-year increase of 268.
64%.
Deductions attributable to shareholders of listed companies The net profit of non-recurring gains and losses was 4.
436 billion yuan, a year-on-year increase of 335.
25%
.
, Ltd.
, a subsidiary of Kingfa Technology, in 2020 is about 408 million
.
.
.
, Ltd.
is mainly engaged in the production and sales of fully biodegradable plastic materials
.
.
The company has formed a mature synthesis process technology package with stable product quality.
In 2020, the company will accelerate the process of expanding production
.
.
PBAT is currently under construction with a production capacity of 60,000 tons/year and is expected to be put into operation in the first quarter of 2021
;