On January 30th, Beijet released its performance forecast, expecting to achieve a net profit attributable to the parent company of RMB 114 million to RMB 170 million in 2023, a year-on-year increase of 245.97% to 415.92%.

In 2023, facing increasingly fierce industry competition, Beijie Te continuously adjusts its strategic planning, consolidates its corporate strength with a pragmatic attitude and a stable mindset, actively expands its market share, and has made significant achievements in expanding its operational business, salt lake lithium extraction and salt lake resource utilization, as well as developing overseas markets for industrial water treatment.

Significant growth in operational business and stable profits

At the beginning of 2023, Beijie Te actively seized industry development opportunities, optimized industrial strategic layout, took technological advantages and service quality as the starting point, and relied on Beijie Te's brand image accumulated over the years to vigorously promote the expansion of the company's light asset operation business, gaining the trust and support of new and old customers. In 2023, the company's operating income increased by more than 40% year-on-year, of which light asset operation increased by 140%, contributing stable profits and cash flow to the company and accelerating its progress towards a stable, healthy and sustainable development path.

The rapid development of lithium extraction from salt lakes has a promising future

With the continuous promotion of lithium extraction from salt lakes and the strategic layout in the field of new energy, the salt lake lithium extraction projects undertaken by the company have achieved significant breakthroughs. Currently, installation and commissioning have been completed one after another, and the company is about to enter the trial operation stage; After 6 months of efficient operation, the Tibet Salt Lake Comprehensive Utilization R&D Base invested in construction has stably produced lithium carbonate in December 2023, bringing the "Shenzhen speed" to an altitude of 5 kilometers and realizing the first comprehensive utilization project of salt lake resources on the plateau. It has made outstanding contributions to protecting the ecological environment of Tibet and the development of the salt lake lithium extraction industry, and also laid the core advantages and development foundation of Beijet in salt lake lithium extraction and comprehensive utilization of salt lake resources, which will continue to contribute to the company's performance.

Layout overseas markets and move towards internationalization

Beijet has been deeply involved in industrial water treatment for 20 years. We have witnessed the rapid development of China's environmental protection industry from being out of control to being orderly and leading. In the process of development, we have accumulated strong technical strength and practical experience. Since 2022, Beijet has successively undertaken investment projects of international petroleum and chemical giants such as ExxonMobil and BASF in China, and has been awarded the "Global Quality Supplier" by the only ExxonMobil in the industry with excellent execution ability and high-quality service level. This is not only recognition of Beijet, but also recognition of Chinese environmental protection enterprises by the world; We also cooperate with the world-renowned water company Suez to undertake the largest 100000 ton/day large-scale seawater desalination project of Wanhua Chemical in China. In the future, BJT will continue to drill high, increase the industry's forward-looking R&D investment, stand high and stand firm. With the implementation of the national strategy of the the Belt and Road, BJT will continue to go overseas and go global.

Actively consolidating the advantages of traditional businesses and creating a virtuous cycle

Beijet continues to strengthen technological innovation and maintain its leading advantage in the comprehensive utilization of high salt wastewater in the industrial field. Under the premise of strictly controlling business risks, we will continue to obtain high-quality projects while promoting refined management of existing projects, continuously reducing costs and increasing efficiency, and achieving a virtuous cycle of business.

Chairman Quan Qiuhong stated that in 2024, Beijie Te will continue to solidify its leading position in industrial water treatment and industrial wastewater resource utilization, vertically expand light asset operation projects, accelerate the layout of salt lake lithium extraction and comprehensive development of salt lake resources, and lead Beijie Te to continue developing overseas business. In the face of severe market challenges and intensified industry competition, we always adhere to innovation driven approach, strengthen internal management, continuously improve our core competitiveness and comprehensive strength, empower Beijie Te's brilliant future, and contribute to the shareholders and society.