Fenghua Hi-Tech said that the company elected the new chairman of the board during the period by the company's president and president Wang Jinquan on behalf of the chairman to fulfill their duties, while the company will be completed according to legal procedures as soon as possible the election of the new chairman and board members by-election.
Since 2017, due to MLCC out of stock, prices rose sharply, Fenghua Hi-Tech also simultaneously benefit.According to Fenghua Transtech's 2017 performance forecast, the company expects full-year 2017 net profit of 200 million to 250 million yuan, a year earlier 139 million yuan, an increase of 43.98% ~ 79.98%.