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Dawaifeng listed time

On July 12, 2021, Dawaifeng announced its performance forecast for the first half of 2021, expecting a net profit attributable to shareholders of the listed company of 31.221 million to 36.5352 million yuan, a year-on-year increase of 727.73% to 868.62%. The performance change is due to...

1. Performance forecast of Dawaifeng for the first half of 2021

According to the announcement on July 12, 2021, Dawaifeng's net profit forecast for the first half of 2021 is expected to be 31.221 million to 36.5352 million yuan, with a year-on-year increase of 727.73% to 868.62%. This is a significant growth compared to the same period last year, indicating the company's strong performance.

2. Reasons for the performance change

This performance increase can be attributed to several factors. Firstly, Dawaifeng's main business is the research, production, and sales of fine chemicals, including leather chemicals, artificial leather chemicals, and industrial cleaning agents. The demand for these products has been increasing, leading to higher sales and profitability. Additionally, Dawaifeng has been focusing on developing new products and expanding its market share, which also contributes to the improved financial performance.

3. Dawaifeng's market status

Dawaifeng, also known as Sichuan Dawaifeng Technology Co., Ltd., was established in November 2003. It is a leading company in the field of fine chemicals in China. The company specializes in the research, production, and sales of various chemicals, including leather chemicals, wood chemicals, and ecological coatings. It has a diverse product portfolio and serves a wide range of industries.

Dawaifeng is listed on the Shenzhen Stock Exchange with the stock code 300535. The company went public on August 12, 2016. Since its listing, Dawaifeng's stock performance has been stable, reflecting the market's confidence in the company's prospects.

4. Merger and restructuring

On June 15, 2023, Dawaifeng announced its participation in the establishment of a limited partnership. The company intends to become a limited partner and contribute to the establishment of the partnership. This move indicates Dawaifeng's strategic focus on mergers and acquisitions to further enhance its business capabilities and expand its product offerings.

5. Previous performance and future prospects

In the previous fiscal year, Dawaifeng's net profit showed a decline compared to the previous year. However, the company's performance for the first half of 2021 shows a significant recovery and growth, indicating positive prospects for the future.

With its strong market position, diversified product portfolio, and focus on innovation and expansion, Dawaifeng is well-positioned to capitalize on market opportunities and drive further growth in the coming years.

6. Conclusion

In conclusion, Dawaifeng's performance forecast for the first half of 2021 reflects its strong growth momentum and positive market outlook. The company's focus on fine chemicals, strategic mergers and acquisitions, and commitment to innovation positions it for continued success in the future.