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Benefiting from the expansion of power lithium battery production in recent years, Nakonor's performance has rapidly increased, with operating revenue of 75 million yuan in 2014 rising to 243 million yuan in 2017. In the first three quarters of 2018, the company achieved a revenue of 159 million yuan and a net profit of 17.996 million yuan.

Nakonor stated that the performance of this contract marks the recognition of the company's roller press manufacturing technology and comprehensive quality management level by international excellent users, and will vigorously promote the further improvement of the company's overall management level, increase the company's international reputation in related fields, further enhance the company's global market competitiveness, accelerate the expansion of international markets, and have a positive impact on business performance.

It is worth noting that previously, Nakonor also announced two major contracts signed separately:

The company has signed an equipment purchase and sales contract with BattrionAG in Switzerland, with a contract amount of 145000 euros. BattrionAG, a Swiss company specializing in the research and development of new batteries, is committed to utilizing new electrode processing technologies, especially controlling the direction of flake graphite particles to obtain high charging current, thereby improving the charging speed of lithium batteries and reducing production costs.

The company signed an equipment purchase and sales contract with DAIICHIJITSUGYOCO., LTD., with a contract amount of 1.05273 million US dollars. The end user of this contract is Panasonic (Jilu) Factory in Japan.

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