The new year is coming soon, and the year-end bonus of many migrant workers has arrived.
Recently, Liaoning China Fangda Group Co.Ltd(000055) and its enterprises have attracted more attention because of the year-end bonus.
On the 27th, Fangda Jiujiang iron and steel, issued 20000 yuan red envelopes and 2000 yuan “filial piety to parents” red envelopes to each employee, with a total amount of 125 million yuan .
On the 26th, more than 60000 employees of HNA Airlines received cash red envelopes, with a per capita cash of 5000 yuan, totaling more than 300 million yuan .
On the 15th, Fangda Dazhou iron and Steel said that more than 5700 employees were given 10000 yuan Spring Festival red envelopes, totaling more than 57 million yuan. It is reported that last year, the basic salary of Dazhou iron and steel employees increased by nearly 37 million yuan, more than 14 million yuan of working meal subsidies were paid, and nearly 44 million yuan of “filial piety to parents” was paid to employees’ parents.
So far, according to incomplete statistics of China Fund report, up to now, China Fangda Group Co.Ltd(000055) has distributed nearly 500 million yuan of year-end awards and red envelopes to employees of Fangda Jiujiang iron and steel, Dazhou iron and steel and HNA airlines.
has repeatedly paid year-end rewards in cash
According to the official website, China Fangda Group Co.Ltd(000055) is a large enterprise group with carbon, steel, medicine, commerce and aviation as the core.
China Fangda Group Co.Ltd(000055) now has five listed companies Fangda Special Steel Technology Co.Ltd(600507) (600507. SH), Fangda Carbon New Material Co.Ltd(600516) (600516. SH), Northeast Pharmaceutical Group Co.Ltd(000597) (000597. SZ), Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) (000715. SZ) and Hainan Airlines Holding Co.Ltd(600221) (600221. SH), as well as two major iron and steel enterprises of Fang Daping steel and Dazhou Steel. Jiujiang iron and steel is a subsidiary of Fangda Pinggang.
According to incomplete statistics of interface news, has had subsidiaries of China Fangda Group Co.Ltd(000055) for five consecutive years from 2017 to now, which have paid year-end bonuses in cash .
In 2019, Fangda Special Steel Technology Co.Ltd(600507) built a huge “mountain” cash wall with a year-end bonus of 312 million yuan, which means “golden mountain and silver mountain”. At that time, more than 5000 qualified employees could receive a red envelope of 60000 yuan, and qualified enterprise retirees over the age of 60 could also receive 5000 yuan.
Image source: China Fangda Group Co.Ltd(000055) micro signal
In October 2020, Fang Dajiu steel held a “car distribution ceremony”, at a cost of 500 million yuan , to reward 2933 Jiangling Ford leaders and 1183 FAW Volkswagen maiteng.
The reason for the award is that Fangda Jiugang was actually on the verge of bankruptcy before being acquired by Liaoning Fangda. In order to mobilize the enthusiasm of employees, Fangwei promised to reward each employee with a car worth about 100000 yuan if Fangda Jiugang can achieve the predetermined profit target for five consecutive years from 2016.
China Fangda Group Co.Ltd(000055) said that Jiujiang iron and steel has issued red envelopes eight times since its restructuring in 2012, totaling 888 million yuan.
In addition to the steel industry, China Fangda Group Co.Ltd(000055) also gave year-end awards to the employees of the aviation sector of HNA Group (hereinafter referred to as HNA).
According to the news on China Fangda Group Co.Ltd(000055) January 25, 24 units including HNA headquarters and subordinate passenger airlines, general aviation, air cargo and aviation auxiliary industries have also built a cash wall one after another, issuing 5000 yuan cash red envelopes to more than 60000 employees, totaling about 300 million yuan.
The performance of some enterprises under China Fangda Group Co.Ltd(000055) increased rapidly
In 2021, the prosperity of the iron and steel industry increased, which increased the confidence for China Fangda Group Co.Ltd(000055) to issue year-end awards.
According to the Research Report of Zheshang Securities Co.Ltd(601878) , although the impact of rising costs is obvious after the third quarter, and the output of some iron and steel enterprises in a single quarter is affected, the iron and steel industry as a whole ushers in a performance explosion period in 2021.
Chen Derong, President of China Iron and Steel Industry Association (hereinafter referred to as CISA), said publicly recently that the national economy will continue to recover in 2021, providing a good environment for the development of the iron and steel industry.
According to the data of China Iron and Steel Association, from January to November last year, the total profit of national key iron and steel enterprises was 351.7 billion yuan, with a year-on-year increase of 86.46%, and the industrial efficiency reached the best level in history.
In addition to the steel industry, China Fangda Group Co.Ltd(000055) and the performance of its enterprises have also made good achievements in recent years.
On January 16, China Fangda Group Co.Ltd(000055) announced that 910 million yuan of new orders were signed in the fourth quarter, and 658 million yuan of orders had been won and not signed in the fourth quarter. In 2021, the total amount of newly awarded and signed orders in the high-end curtain wall and material industry was 5.02 billion yuan, an increase of 67.95% over the same period last year. By the end of 2021, the total amount of contracts signed but not completed in the high-end curtain wall and materials industry (including contracts that have won the bid but not signed) was 5.403 billion yuan, an increase of 62.68% over the same period last year.
Last December, China Fangda Group Co.Ltd(000055) acquired HNA airlines for 41 billion yuan. This includes subscribing Hainan Airlines Holding Co.Ltd(600221) no less than 4.4 billion A-Shares of HNA in cash of 12.3 billion yuan.
According to the financial report, as of the first three quarters of 2021, Hainan Airlines Holding Co.Ltd(600221) still had a loss of 3.442 billion yuan. However, on January 27, Hainan Airlines Holding Co.Ltd(600221) announced that it expected a net profit of 4.5 billion yuan to 6.2 billion yuan in 2021, turning losses into profits.
For the reasons for turning losses into profits, the company said that there are two main reasons. In terms of main business, due to the weakening impact of covid-19 epidemic, China’s aviation market has gradually recovered. In 2021, the company’s operating profit was about – 10.4 billion yuan to – 10.9 billion yuan, a loss of about 9.3 billion yuan to 9.8 billion yuan compared with the same period last year. The second is due to the reorganization, with an impact of about 16 billion yuan to 17.6 billion yuan.
Fangda Carbon New Material Co.Ltd(600516) on January 26, the performance forecast for 2021 was released. According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company in 2021 is expected to be 1.047 billion yuan – 1.262 billion yuan, an increase of 500 million yuan – 715 million yuan, a year-on-year increase of 91.33% – 130.60%.
The company said that the main reason for the pre increase of performance in this period is that during the reporting period, the company actively responded to the national “double carbon” policy, made every effort to expand the market, continuously optimized the product structure, deeply promoted fine management, operated efficiently, improved the profitability of products, and achieved significant growth in the company’s total operating revenue and net profit.
As of January 28, Hainan Airlines Holding Co.Ltd(600221) shares closed at 1.82 yuan / share, down 1.55%. In addition, Fangda Special Steel Technology Co.Ltd(600507) fell 1.39%, Fangda Carbon New Material Co.Ltd(600516) rose 1.8%, Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) rose 2.62%, Northeast Pharmaceutical Group Co.Ltd(000597) rose 0.91%.
