Weiyuan shares: net profit in 2021 will be about 2.15 billion yuan, a year-on-year increase of 200.61%

Weiyuan Co.

The company said that in 2021, the company will always adhere to the development goal of "becoming the top integrator of the value chain and the creator of high added value in the value chain", firmly establishing the positioning of high-quality development, and deeply cultivating "phenol, acetone-bisphenol A-polycarbonate".

The report shows that the company has been focusing on the new chemical material business, and has built polycarbonate and its upstream and downstream industrial chains.

The company said that in 2022, the company will closely focus on the work strategy of "reducing inventory, rapid turnover, pushing back costs, and operating effectively", maintaining a good operating rhythm, achieving market-oriented operation, dynamic balance, innovative thinking concepts, and speeding up going out and Introduce steps

At the same time, in order to meet the production needs of the existing phenol and ketone plant and the proposed propane dehydrogenation plant, the company will use the advantages of capital and bank credit to actively explore favorable opportunities for importing propylene and pure benzene according to market changes, expand procurement channels, and reduce operating costs.