Shanshan shares: net profit fell 29.05% in the first quarter compared with the same period last year.

[Shanshan shares: first quarter net profit fell 29.05% compared with the same period last year] April 27, Shanshan shares announced that the first-quarter net profit was 573 million yuan, down 29.05% from the same period last year; affected by changes in the industry environment, the net profit of BASF Sequoia Battery Materials Co., Ltd. accounted by the equity method declined significantly compared with the same period last year, and the profit space of the lithium battery material and polarizer industry faced periodic challenges, and the profit level narrowed.