Net profit increased by 641% in the first half of the year! The Company's shares pay a gold dividend to all shareholders.

Recently, Daon shares released the 2020 half-yearly report, the first half of the operating income of 2.275 billion yuan, an increase of 75.16 percent over the same period last year, attributable to the shareholders of listed companies net profit of 585 million yuan, an increase of 641 percent over the same period last year.
same time, the Board of Directors of the Company, through the profit distribution plan, based on a total share capital of 407 million shares, found a gold dividend of 2.46 yuan (including tax) for every 10 shares of all shareholders.
In the face of the outbreak, Doane shares not only use the existing production line overtime, but also polypropylene melting material rapidly transfer production and expansion, for customers in more than 20 provinces across the country sent polypropylene melt spray special material, and received more than 2000 tons of overseas orders, effectively enhance the company's profitability.
this, polypropylene melting material orders increased significantly, is the company's first-half results growth main reason.
In addition to the explosive growth of orders for polypropylene melting materials, other modified plastic products have maintained steady development, Andon shares for modified plastic customer demand, tailor-made differentiated products, the development of new energy battery industry, communications industry and automotive interior products, to overcome the adverse effects of the new crown epidemic, operating income and gross margin showed a trend of upward trend.
thermoplastic elastomer business, Daun shares through the development of high-end products, further expand the coverage of high-quality customer base, consolidate TPV products industry leader position.
the premise of ensuring the quality of service, according to market demand to launch a series of new products, do a good job of dynamic vulcanization platform, esterification synthesis platform, hydrogenation platform technology research and development reserves, and comprehensively enhance the overall competitiveness of the company.
In addition, Daon shares focus on the development of chemical fiber master grain, black master grain and degradation master material, in-depth development of Haier, His letter and other old customers, and new customer expansion, mastercard sales increased steadily, promoting the mastercard sector operating income and gross margin are showing a year-on-year increase.
marketing, Daun shares strive to achieve from "one product, one household" to "one product multi-family" transformation, from "selling brand number" to "selling performance" "selling applications" transformation, in-depth mining of large customer resources, to provide value services, to achieve win-win cooperation.
according to the company's melting spray production and sales situation, the use of locked forward sales strategy, to ensure orders and profits, a strong suppression of short-term price fluctuations to customer procurement caused by the inadance, won the praise of the market.
to take advantage of the growing market demand for medical and sanitation during the outbreak, the company has made great breakthroughs in the expansion of new and large customers.
In the future, Doane shares adhering to the "product-based, people-oriented, technology-led, customer-oriented" concept, continue to maintain the thermoplastic elastomers, molten spray and other sub-sectors of competitive advantage, around the "elastomer-specific, green lightweight polymer composite new materials company" strategic positioning, and constantly focus on leading technology, expand new products, develop new customers, the implementation of the company "to become the world's leading, most competitive elastomer new materials company" strategic planning.
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