Event information

Event information

Nova's single-month performance exceeds 100 million, setting a new monthly high in history

2022-06-20
〈Nova Materials Technology Co., Ltd.111Annual Regular Meeting of Shareholders>Yang Lianzhi: Allotment per share 1.1 yuan cash dividend 【Start the blue sky and green space project, playESGPractitioner]
 

Nova Materials, Taiwan’s leader in automotive urea, is in (6)day111Announced at the Annual General Meeting of Shareholders5moonrevenueReaching a new monthly high in history,Set a new record of revenue exceeding 100 million in a single monthRewrite the single-season record high.
 

Nova5The monthly revenue is100,308thousandYuan, monthly increase2.4%、Growth compared with the same period last year400%. Nova5Monthly revenue and profit both hit record highs. Chairman Yang Lianzhi said it mainly came from urea raw materials. (Urea)Triangle Trade's large export orders and Taiwan's rapid screening reagent market demand4-5Significant increase in monthly time.
 
Nova Materials111The annual shareholders' meeting is personally presided over by the chairman of the board, Mr. Yang Lianzhi.Except for recognition during the meeting 110annual financial statements and by 110 Annual earnings distribution plan, cash dividends per share of NT$1.1 Yuan; Novavax is deeply involved in Taiwan’s automotive urea market16In 2017, adhering to Kazuo Inamori’s altruistic spirit of respecting heaven and loving people, he has begun to successfully transform from the traditional chemical manufacturing industry.IoTInternet of Things, leading Taiwan’s automotive urea marketexperience16Years of development have been strong, laying a solid foundation for the development of the enterprise.Yang Lianzhi said that there are currently dark clouds everywhere in the world, whether it is the Ukraine-Russia war in Europe, the rapid spread of the new coronavirus, or the urea chaos that has broken links around the world, resulting in uncertainty and pessimism about the future; but for Nova, such troubled times are opportunities and turning points.…..
 
Looking into the future, Yang Lianzhi said that the international urea market is stillVery confusing phenomenon, we will continue to observe changes in upstream and terminal market demand, and make price reduction adjustments at any time. We currently maintain a cautious and positive view.nowYearAlso in the second half of the yearOfficially announced the launch of the "Blue Sky and Green Land Project", with five main axes of "net zero emissions", "renewable energy", "circular economy", "energy saving and carbon reduction" and "social participation"will make novabecomeESGPractitioner
 
Aiming at green business opportunities, we are developing a new U-Power energy bar business unit, which uses waste mattress foam and factory scraps to recycle and process them into new energy sources that can replace coal. It is expected to apply for government subsidies this year and is scheduled to be officially put into production in the first quarter of next year. It is also expected to introduce Japan's special radiant cooling materials to enter the field of energy conservation and carbon reduction. After experiencing the urea crisis in 2021, Nova has gradually developed various new businesses to lay the foundation for the company's long-term operational development. Nova is ready and going all out to continue to promote a number of new businesses, expect an IPO in 2024, and continue to create a sustainable new situation in the blue sky and green land.