Ming Yang Smart Energy Group Limited(601615) march 1 released the performance express of 2021. During the reporting period, the company achieved an operating revenue of 27.273 billion yuan, a year-on-year increase of 21.45%; The net profit attributable to the parent company was 3.319 billion yuan, a year-on-year increase of 141.56%; The basic earnings per share was RMB 1.73, a year-on-year increase of 82.11%.
In 2021, the wind power industry as a whole maintained a certain growth trend. The increase of orders on hand and the increase of offshore project delivery scale led to a significant increase in the company’s revenue; The grid connected capacity of power stations held by the company increased year-on-year, and the power generation revenue increased year-on-year; The company’s profit increased year-on-year due to the sale of wind farm projects.
The company closely adheres to the strategy of building a matrix new energy high-end equipment manufacturing system integrating “wind, light, storage and hydrogen”, and accelerates the improvement of service capability and competitive advantage in the overall solution of intelligent new energy. In 2021, relying on its own industrial advantages, the company will enter the high-efficiency photovoltaic industry and create a coordinated development pattern of the new energy industry chain of right-hand wind power and left-hand photovoltaic. The company adheres to R & D innovation in the field of wind power, strengthens its leading advantages in the direction of large-scale, intelligent and lightweight wind turbines, and efficiently serves the needs of social and economic development through scientific and technological innovation.
The company has always attached great importance to R & D innovation, guided technological innovation in the field of wind power through multiple dimensions such as material, structure, process, production, manufacturing and business model, and continuously driven the industry to improve quality and efficiency. In 2021, the company successively launched new achievements such as China’s first floating fan and the world’s largest 16mw fan. With the help of the company’s strong innovation and R & D ability, the company continued to build a leading edge in technology.
According to the company’s previously released third quarter report of 2021, by the end of September last year, the company’s on hand order capacity had reached 18.26gw, a record high. The high on hand orders are expected to drive the company’s shipment growth.
In January this year, the company obtained the purchase order for wind turbines and their ancillary equipment of Yangjiang Qingzhou No. 1 and Qingzhou No. 2 offshore wind farms invested and constructed by Guangdong Electric Power Development Co.Ltd(000539) investment. The total capacity of the project is 1 million KW. With the help of technological advantages and innovative integration scheme, the company also restarted the development of Jiazi 1.5 million KW and Jiazi 2.4 million KW projects in Shanwei of CGN. The total scale of the above projects will reach 1.9gw.
In 2021, the company’s grid connected capacity of power stations increased year-on-year, driving the increase of power generation revenue. The company always adheres to the asset light operation concept of “rolling development” for new energy power stations, accelerates the “rolling development” of scenery resources in the operation mode of “developing, building and transferring a batch”, realizes multiple value returns, and enhances the sustainable development ability of the operation sector of new energy power stations.
