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The development of new energy products is smooth, Mingtai Aluminum participates in the recruitment of new energy battery manufacturers next year
- China Aluminium Network
- Post Time: 2022/11/11
- Click Amount: 982
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【Aluminum Road Network】
A few days ago, Mingtai Aluminum disclosed a record form of investor relations activities. Mingtai Aluminum said that the company attaches great importance to product development in the field of new energy. Products such as power battery shells and battery trays have been mass-produced and delivered, and the verification of other new energy products such as water-cooling panels is progressing smoothly. The company participated in the bidding of new energy battery manufacturers for next year's orders. Overall, the development of new energy products is progressing smoothly.
As for the main reasons for the company's third-quarter performance decline, Mingtai Aluminum said: 1. The price of aluminum ingots in the third quarter showed a downward trend, and the company accrued the loss of inventory falling in the work-in-progress; 2. The price of aluminum ingots at home and abroad was upside down Reduce foreign trade profits. The company also stated that these factors are temporary and will not affect the long-term stable growth of the company's earnings.
It is understood that recently, the company organized personnel to participate in the aluminum industry exhibition in Europe, and also visited European customers. Knowing that the inventory reserved by customers in the early stage has basically been consumed, combined with the experience of previous years, with the advent of Christmas, foreign aluminum demand will usher in a peak season, and foreign trade demand is expected to pick up.
In addition, at present, the company is in the process of preparing the feedback materials for the second inquiry of the CSRC on refinancing, and the company will disclose the follow-up progress in a timely manner according to the review progress. There will be a 12-month issuance period after obtaining the approval from the CSRC. The company will carefully decide on the issuance plan based on its own strategy, macro environment, stock price situation and other factors. Source:
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