Promote research and development of new technologies to meet differentiated needs Huangshan Novel Co.Ltd(002014) 2021 net profit increased steadily

On February 25, Huangshan Novel Co.Ltd(002014) released the annual report of 2021. From January to December 2021, the company achieved an operating revenue of 3.024 billion yuan, a year-on-year increase of 10.45%; The net profit attributable to shareholders of listed companies was 316 million yuan, a year-on-year increase of 4.25%.

According to the data, Huangshan Novel Co.Ltd(002014) was established in 1992. The company mainly produces and operates high-tech products such as vacuum coating, multi-functional film, color printing composite flexible packaging materials, paper-based composite packaging materials, new pharmaceutical packaging materials, plastic products, fine chemical products and so on. After nearly 30 years of development and exploration, the company has built a national development layout with Huangshan as the industrial center. At present, it has set up subsidiaries in Guangdong, Hebei and Shaanxi.

During the reporting period, the company carried out all work in an orderly manner around the annual business plan and objectives, and made every effort to improve the incremental market through market expansion and new business development; Optimize process control, improve quality and efficiency, and tap potential; Continuously promote the research and development of new technologies to meet the differentiated needs of the market; Strictly control risks and ensure asset safety, so as to maintain the steady development momentum of the company.

It is noteworthy that during the reporting period, the company strengthened technological innovation and improved the development support of the company. Focusing on industrial upgrading, new product development and comprehensive utilization of resources, the company has carried out technical research and development and accelerated the transformation of innovative achievements. The company has 27 utility model patents and 9 invention patents, and applied for 20 invention patents and 31 utility model patents. At the same time, the company actively plans the industrial layout and increases the investment in the film industry. Scientific and rational organization and implementation, and steady progress has been made in new projects. During the reporting period, Guangzhou Yongxin color printing composite flexible packaging material project with an annual output of 4000 tons was completed and put into operation; Huangshan packaging has an annual output of 4000 tons of flexographic printing solvent-free composite flexible packaging materials, the construction of new multi-functional film project has been completed, and some production lines have been installed and debugged in the factory; Yongxin new material has an annual output of 33000 tons of new BOPE film.

Huangshan Novel Co.Ltd(002014) said that in 2022, the company will comply with the development trend of the industry, increase the business expansion of new materials, accelerate the research and development of differentiated products and improve the market competitiveness; Improve the level of fine and group management, optimize the allocation of resources, give full play to the synergy of the industrial chain, continuously improve the anti risk ability and promote the high-quality development of the company.

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