On August 31, China's only Ti45Nb titanium alloy material, NbTi, Nb3Sn superconducting wire and leading high-temperature alloy material manufacturer XAXB Superconducting Material Technology Group released the 2020 semi-annual report. In the first half of 2020, the company achieved operating income of 953,128,317.17 yuan, year-on-year An increase of 42.43%; net profit attributable to shareholders of the listed company was RMB 132,580,725.33, a year-on-year increase of 54.65%.
At the end of the reporting period, the company's total assets were RMB 5,043,273,152.83, an increase of 5.00% over the end of the previous year; the net assets attributable to shareholders of the listed company was RMB 2,569,294,626.21, an increase of 0.03% over the end of the previous year.
In the first half of the year, the company realized net profit attributable to shareholders of listed companies of 133 million, an increase of 54.65% over the same period; realized net profit attributable to shareholders of listed companies deducting non-recurring gains and losses of 114 million, an increase of 54.35% over the same period, mainly due to The current market conditions were good. The company achieved revenue of 953 million, an increase of 42.43% over the same period, and the increase in expenses during the same period was less than that of revenue.
XAXB is mainly engaged in the R&D, production and sales of high-end titanium alloy materials, superconducting products and high-performance superconducting wire materials. It is the only manufacturer in China with commercial production in the field of Ti45Nb titanium alloy material, NbTi, and Nb3Sn superconducting wire.