Shanghai Nonferrous Metals News
Shanshan’s 2020 annual report showed total operating revenue of the company was RMB 8.22 bln in 2020, a y-o-y decrease of 5.35%; but the net profit attributable to shareholders of listed companies was RMB 138 mln, a y-o-y increase of 48.85%.
By end-2020, Shanshan had 60 ktpy of cathode materials, 20 ktpy of anode materials and 40 ktpy of electrolyte liquid capacity. Net profits from the lithium materials sector attributable to shareholders of listed companies was RMB 287.73 mln, up 9.17% y-o-y.