X
Oct 29, 2021 08:48 AM (GMT+8) · EqualOcean
Financial Associated Press, Oct. 29 - CITIC Securities research report pointed out that Ningde era 2021q3 achieved a revenue of 29.29 billion yuan, a year-on-year increase of + 131%, a month on month increase of + 17.6%, a net profit attributable to the parent company of 3.27 billion yuan, a year-on-year increase of + 130%, a month on month increase of + 29.2%, and a deduction of non attributable net profit of 2.685 billion yuan, a year-on-year increase of + 125%, a month on month increase of + 19.5%, which is in line with the expected period. The global trend of vehicle electrification is relatively certain, high-end power batteries are in continuous shortage, and the global energy storage market is approaching the outbreak. The market space brought by energy reform is huge. As the leader of energy reform, the company is expected to fully enjoy the development opportunities of the industry. The company's power battery business is in a high-speed growth period, and the energy storage business will gradually enter the growth period from the introduction period. With high growth certainty and medium and long-term investment value, it will continue to be recommended.

This text is a result of machine translation.