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A few days ago, Guangdong Meilian New Materials Co.
, Ltd.
(hereinafter referred to as "Meilian New Materials") released the "2020 Semi-Annual Results Forecast", and it is estimated that the net profit attributable to shareholders of listed companies is 52 million to 60 million yuan, which is comparable to last year It fell 1.
35% to 14.
5% over the same period
.
Meilian New Materials is mainly engaged in the research and development, production, sales and technical services of polymer composite coloring materials, providing customers with integrated solutions for plastic coloring; design, development, production and sales of cyanuric chloride and its derivatives
.
According to the content of the announcement, the main reasons for the change in the performance of Midian New Materials in the first half of 2020 were: affected by the global new crown pneumonia epidemic, the cyanuric chloride business of Yingchuang Sanzheng (Yingkou) Fine Chemical Co.
, Ltd.
, a holding subsidiary, was greatly affected.
Due to the impact, both the main business income and profit have experienced a relatively large decline; the parent company's main business color masterbatch segment is relatively stable, and the new meltblown non-woven project has produced a good profit contribution
.
It is understood that on March 11, Midian New Materials announced that it plans to invest 120 million yuan to build 2 meltblown material, electrostatic electret masterbatch production lines and 9 meltblown non-woven production lines
.
In the second half of 2020, from the establishment of the Shunde branch to further expand the color masterbatch business, to the proposed raising of 466 million yuan for functional masterbatch and bio-based degradable masterbatch industrialization projects and supplementary working capital
.
