On February 18, Lanzhou Ls Heavy Equipment Co.Ltd(603169) disclosed the annual report of 2021, which is the first listed enterprise in Gansu to disclose the annual report. Last year, the company achieved an operating revenue of 4.037 billion yuan, a year-on-year increase of 39.17%; The net profit attributable to the shareholders of the listed company was 123 million yuan, turning losses into profits year-on-year.
Turning to the reasons for turnaround, Lanzhou Ls Heavy Equipment Co.Ltd(603169) said that in 2021, the company continued to transform, actively entered the new energy market from traditional industries, vigorously explored the new energy equipment market such as photovoltaic polysilicon, nuclear energy and hydrogen energy and energy engineering service market, and obtained high-quality orders; At the same time, the company strengthened market development, carried out special actions to improve quality and efficiency, and took multiple measures to improve operation efficiency. The total sales volume of the company's products increased significantly over the same period of last year, realizing a year-on-year increase in operating revenue.
"In 2021, the company seized the historical opportunity of the 'double carbon' policy, actively arranged the fields of new energy, new chemical materials and industrial intelligent equipment, and achieved results in the business layout of emerging industries." Lanzhou Ls Heavy Equipment Co.Ltd(603169) said.
In terms of nuclear energy, Lanzhou Ls Heavy Equipment Co.Ltd(603169) completed the acquisition and holding of CNNC Jiahua, further integrated the company's nuclear energy equipment business sector, built an industrial pattern of "one body, two wings and three innovations", further integrated the industrial resources of nuclear energy equipment manufacturing around the project of CNNC Gansu nuclear technology industrial Park, and obtained the supplier qualification of 37 nuclear power owner units such as CNNC group and CGN group.
In terms of photovoltaic polysilicon, Lanzhou Ls Heavy Equipment Co.Ltd(603169) has developed the first domestic cold hydrogenation reactor made of nickel base alloy materials, which has been highly recognized by customers and quickly opened the market. It has signed strategic cooperation agreements with core enterprises in the polysilicon industry such as Asian silicon industry, Xinjiang Daqo New Energy Co.Ltd(688303) , Oriental hope and Hangzhou Jinjiang Group, All of the above five polysilicon manufacturing projects have received orders from customers.
In 2021, the photovoltaic industry chain benefited from overseas business expansion and the improvement of China's installed capacity, resulting in rapid growth of power generation and strong demand for equipment. The newly installed capacity of photovoltaic power generation is 54.88 million KW, accounting for 31.1% of the newly installed capacity in China; The cumulative installed capacity of photovoltaic power generation is 306 million KW, accounting for 12.9% of the total installed capacity of power generation in China; Photovoltaic power generation was 325.9 billion kwh, a year-on-year increase of 25.1%.
Liu Jimao, founder of Hongda photovoltaic, told the reporter of Securities Daily: "Renewable green new energy is the main force to achieve the goal of 'double carbon', and photovoltaic is the main force of new energy. At present, the whole photovoltaic industry is still in the stage of rapid development, so the upgrading and iteration of relevant production technology and processing technology is rapid, and the market demand continues to grow. Among photovoltaic, silicon material has the highest profit, accounting for more than half of the total profit of the industry. Recently, a large number of enterprises have entered the silicon material industry Therefore, there is a huge demand for equipment for manufacturing silicon materials. Lanzhou Ls Heavy Equipment Co.Ltd(603169) has also cooperated with Dongfang hope, a core enterprise in the polysilicon industry, and the Asian silicon industry, seizing the photovoltaic development opportunity and further improving its profitability. "
In terms of hydrogen energy, Lanzhou Ls Heavy Equipment Co.Ltd(603169) carried out technical R & D and manufacturing around coal hydrogen production, residue pox gas and hydrogen production unit, large high-pressure hydrogen storage spherical tank and horizontal tank (45MPa / 75mpa), relevant equipment of hydrogenation station, and completed the design, manufacturing and installation of 200000 Nm3 / h coal hydrogen production unit of Panjin Haoye and hydrogen storage spherical tank of phase I project of Yulin Huaqin hydrogen energy industrial park, Complete the development of microchannel heat exchanger (PCHE) in hydrogenation station and deliver it to customers for trial use.
" Lanzhou Ls Heavy Equipment Co.Ltd(603169) as one of the leading enterprises in high-end equipment, including pressure equipment, it can be said that it has inherent advantages to transform to hydrogen energy equipment business. Any subdivision link in the hydrogen energy industry chain, such as hydrogen production, hydrogen storage, hydrogen transportation and hydrogenation, can create several markets with a scale of 100 billion, which can well drive the performance growth of the company." Qi Haizhen, President of Beijing Teyi Sunshine New Energy Technology Co., Ltd., analyzed to the reporter of Securities Daily.
According to Lanzhou Ls Heavy Equipment Co.Ltd(603169) , in 2021, the company has obtained orders of 1.04 billion yuan in new energy fields such as nuclear energy, photovoltaic polysilicon and hydrogen energy. Among them, the order of polysilicon equipment was 691 million yuan, a year-on-year increase of 277.60%; Orders in the military industry jumped from 640000 yuan in 2021 to 76.28 million yuan; Orders for industrial intelligent equipment reached 360 million yuan, a year-on-year increase of 118%.
In 2021, Lanzhou Ls Heavy Equipment Co.Ltd(603169) made frequent moves in capital operation. The company's non-public offering projects have successfully raised 1.33 billion yuan, and the asset liability structure has been optimized to provide financial guarantee for transformation, upgrading and development; The company successfully acquired 55% equity of CNNC Jiahua, providing solid support for seizing major construction opportunities for national nuclear energy development. At the same time, the company completed the capital increase and share expansion of Shenmu Shengbang, laying a solid foundation in the field of clean and efficient utilization of coal by grade and quality. The company's business scale has been continuously expanded and its market competitiveness has been further improved.
In addition, Lanzhou Ls Heavy Equipment Co.Ltd(603169) increased investment in scientific and technological research and development in 2021, with a total investment of 92.1673 million yuan, an increase of 191.04% over the same period last year, and organized the implementation of 59 scientific and technological innovation projects. At the same time, the company's industry university research cooperation continued to deepen, becoming one of the first member units of the "Gansu energy equipment innovation Consortium", joining the "Gansu nuclear fuel cycle technology R & D and nuclear technology application innovation Consortium" led by CNNC 404 and Lanzhou University, and establishing the " Lanzhou Ls Heavy Equipment Co.Ltd(603169) energy and chemical equipment Engineering Research Institute", which further strengthened the scientific research and technology industry chain.
