It is expected that the net profit attributable to shareholders of listed companies in 2019 will be 1.06 billion to 1.16 billion yuan, a year-on-year decrease of 58.65% -62.21%. In addition, the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 919 million to 109 million yuan, a year-on-year decrease of 62.14% -65.85%.


The announcement mentioned that due to macroeconomic factors such as the Sino-US trade war and the slowdown of domestic and foreign economic growth in 2019, the overall demand for industrial silicon downstream aluminum alloy industry and organic silicon industry fell, resulting in a low consolidation of industrial silicon prices; at the same time, organic silicon The demand side is also generally sluggish, and prices of organic silicon products have fallen sharply. Affected by the above, the price of the company's main products in 2019 fell year-on-year. Although the company's main raw material methanol and methyl chloride purchase prices also fell year-on-year, the price of major products fell more than the decline in the price of major raw materials, making the company attributable to listing in 2019. The company's shareholders' net profit decreased year-on-year.