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Jingyang Technology's 2018 net profit in Paradise Silicon Valley exceeded expectations

Date: 2019-03-14
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In April 2018, Paradise Silicon Valley invested in Shanxi Yangyang Technology Co., Ltd. as a strategic investor. The company is a technology-driven new energy enterprise with needle coke as its core product. In the field of high-quality needle coke in China, it is in the leading position in the industry in terms of equipment level, product technical indicators and production capacity. Strong profitability and development potential.

 

Since the mass production of needle coke at the end of 2017, it has effectively alleviated the shortage of raw materials in the development of graphite electrode industry. Jingyang technology products have been widely recognized by downstream customers of graphite electrodes and lithium materials.

In 2018, the domestic needle coke market was in short supply. From July 1st to August 22nd, Jingyang Science and Technology passed the improved production technology, and the calcined needle coke granularity was once again greatly improved, exceeding the annual production and operation targets. The net profit has exceeded the expected 3 times, and it has truly become the leading enterprise in the domestic high-quality needle coke market, and is expected to fill the gap in the domestic high-end needle coke field. In less than a year of investment, Jingyang Technology has allowed investors in Paradise Silicon Valley to share the value-added dividends in the rapid growth of the company through profit distribution.

 

Since Paradise Silicon Valley invested in Jingyang Technology, it has always been firmly optimistic about the development prospects of the needle coke industry. At the same time, it believes that with the continuous improvement and expansion of the production line layout, Jingyang Technology is expected to exceed the standards of the world's highest quality products and achieve comprehensive results. Import substitution. Our company will give full play to its financial advantages and industrial resources, help Jingyang Technology integrate the upstream and downstream industry chain, help it become a leader in the domestic and international subdivision, and make unremitting efforts to create excess returns for investors.


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