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KeHeng Shares got net profit of 60.77 million in the first half of 2017
Wang C.S.  2017.09.14



KeHeng Shares issued its semi-annual report of 2017 in August 25. As quoted in the report, the company, the company achieved operating income of 746955816.15 yuan RMB, increased by 193.32% during the reporting period; The net profit attributable to shareholders of listed companies was 60772978.09 yuan RMB, an increase of 1380.50%.

The company reported its increase in revenue and net profit contributed mainly to significant growth in the production of cathode materials for lithium ion batteries and lithium ion battery automation equipment. In the first half of 2017, the company achieved 437564745.10 yuan of operating income in cathode materials, an increase of 125.61%; In addition, the company achieved operating income of 39740556.84 yuan in rare earth luminescent materials, down 37.14%.
 
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HongDa Industrial plans to invest rare earth new materials processing and application project in Baotou

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