Chuan Jinnuo (300505) answered investors' questions on the investor relations platform on January 4.

Investor: Hello, Mr. Dong! How is the production of 100000 tons of wet purified phosphoric acid in your company? Can all be put into production in 2022?

Dong Mi Chuan Jinnuo: dear investors, how do you do? At present, the preparation work for the commissioning of the 100000 t / a phosphoric acid purification project is underway, and the company is expected to put into production after the Spring Festival in 2022 and fully reach production in 2022. Thank you for your attention.

Investor: Hello, Mr. Dong, how is the progress of your 5000 ton iron phosphate project? Has it been put into production yet?

Dong Mi Chuan Jinnuo: dear investors, how do you do? At present, the trial production of 5000 tons of iron phosphate project has been basically completed, and small batches of iron phosphate products have been used by the company's downstream cooperative enterprises to verify the use of battery customers, preparing for the company's next large-scale production. Thank you for your attention.

Chuanjinnuo's third quarterly report of 2021 showed that the company's main income was 1.039 billion yuan, up 30.89% over the same period last year; the net profit was 100 million yuan, up 99.48% from the same period last year; and deducting 97.1745 million yuan from non-net profit, up 128.15% over the same period last year. In the third quarter of 2021, the company's main income in a single quarter was 409 million yuan, up 56.87% over the same period last year; and the net profit in a single quarter was 61.0897 million yuan, up 294.58% over the same period last year. The non-net profit in a single quarter was 59.9905 million yuan, up 331.22% from the same period last year; the debt ratio was 38.15%, the investment income was 3000 yuan, the financial expenses were 20.1646 million yuan, and the gross profit margin was 19.02%.

The stock in the last 90 days, a total of 1 agency rating, 1 buy rating; Securities Star valuation analysis tool shows that Chuanjinnuo (300505) good company rating is 2 stars, good price rating is 1.5 stars, comprehensive valuation rating is 2 stars. (rating range: 1-5 stars, up to 5 stars)

Chuanjinnuo's main business: research and development and graded utilization of wet-process phosphoric acid as well as the production and sales of phosphate

The chairman of the company is Liu Jie. Mr. Liu Yan: born in February 1970, Chinese nationality, no permanent residence abroad, bachelor's degree, graduated from the Physics Department of Dalian University of Technology in 1992, worked in Deyang Foreign Economic and Trade Commission of Deyang City, Sichuan Province from August 1992 to May 1995, worked in Deyang Power supply Bureau of Sichuan Electric Power Company from June 1995 to June 1998, started his own business from July 1998 to February 2001, mainly engaged in the recovery and utilization of waste materials. Chairman of Shifang Jinnuo Metal Co., Ltd. from February 2004 to September 2009; Chairman of Chuanjinuo Co., Ltd., from June 2005 to August 2011; Executive Director of Yunnan Qingophosphate since March 2012, and Chairman of Kunming Chuanjinnuo Chemical Co., Ltd since August 2011.

This article is compiled by the Securities Star data Center according to the public data and does not constitute investment opinions or suggestions. If you have any questions, please contact us.