LZJT(SZ:300428)2022-05-11 09:22Group 1: Company Performance Overview - In 2021, the company achieved a revenue of CNY 18.634 billion, a 39.14% increase year-on-year [2] - The net profit attributable to shareholders was CNY 450 million, up 4.04% from the previous year [2] - The functional intermediate alloy segment saw a net profit of CNY 108 million, a 62.02% increase [2] - The recycled aluminum alloy segment's net profit reached CNY 220 million, growing by 79.71% [2] - The aluminum wheel segment's net profit decreased by 49.87% to CNY 122 million due to various market pressures [2] Group 2: Sales and Revenue Data - Total sales volume for 2021 was 8.668 million tons, a 17.12% increase [3] - Recycled aluminum material procurement reached 549,100 tons, a 28.42% increase [3] - The alloy segment's revenue was CNY 1.178 billion, a 44.60% increase [3] - The functional intermediate alloy segment's revenue was CNY 161 million, a 56.06% increase [3] - The aluminum wheel segment's revenue was CNY 524 million, a 24.46% increase [3] Group 3: Market Impact and Future Outlook - The pandemic affected sales of casting alloys and aluminum wheels in Q2, but various factors helped mitigate the impact [4] - The company is focusing on the development of heat-treated aluminum alloys, driven by the automotive industry's shift towards lightweight materials [5] - The company has established partnerships with several new energy vehicle manufacturers, enhancing its market position [6] - The recycled aluminum market is expected to grow due to national policies promoting resource utilization, with a target of 1.2 million tons of recycled aluminum usage [7] - The company is investing in lithium battery materials, including LiPF6 and LiFSI, to address supply shortages and expand its market presence [9]