Fenghua Hi-Tech announced that it is expected to achieve a net profit of 360 million yuan to 380 million yuan in the third quarter, an increase of 290.57% to 312.27% year-on-year.
Fenghua Hi-Tech 2021 interim report shows that the company's main revenue was 2.697 billion yuan, up 51.85% year-on-year; net profit attributable to the mother was 506 million yuan, up 98.77% year-on-year; deducted non-net profit of 480 million yuan, up 72.61% year-on-year; debt ratio was 34.27%, investment income was 33.4957 million yuan, financial expenses were -8.3634 million yuan, and gross profit margin was 32.84%.
The chairman of the company is Wu Zelin. Mr. Wu Zelin: Born in March 1966, MEMBER of the Communist Party of China, Chinese nationality, master's degree, economist, senior political engineer, university degree, EMBA of Sun Yat-sen University, economist, senior political engineer. Current Secretary of the Party Committee of the Company; From September 2018 to September 2021, he served as the Party Secretary and Chairman of Guangsheng Nonferrous Metals Co., Ltd., during which time: from June 2019 to September 2021, he also served as the Party Secretary and Chairman of Guangdong Rare Earth Industry Group Co., Ltd. From January 2015 to September 2018, he served as the Party Secretary and Chairman of Guangdong Dabaoshan Mining Co., Ltd.; Former positions: Member of the Party Committee, Secretary of the Discipline Inspection Commission, Chairman of the Trade Union of Shenzhen Zhongjin Lingnan Nonferrous Metals Co., Ltd., Secretary of the Shaoguan Smelter Committee of the Communist Party of China.