Yongxing special materials technology (002756.SZ) announced that the net income for the first half of the year is expected to be 710 million yuan to 820 million yuan, a year-on-year decrease of 56.93% to 62.70%, and the non-net profit is 540 million yuan to 650 million yuan, a year-on-year decrease of 65.96% to 71.72%.
From January to June 2024, the company has been increasing its market development efforts for its steel new materials business, continuously optimizing its product structure, and steadily improving its profitability. However, due to a significant decline in the price of lithium carbonate in the company's new energy business compared to the same period last year, the net income attributable to shareholders of the public company has decreased year-on-year.