China Railway Hi-Tech Industry Corporation Limited(600528) listed companies fulfilled their performance commitments in five years, and the newly signed contract amount increased by 131.18%

March 2 is the fifth anniversary of China Railway Hi-Tech Industry Corporation Limited(600528) listing. On March 2, 2017, China Railway Hi-Tech Industry Corporation Limited(600528) was listed on the Shanghai Stock Exchange, becoming the first industrial manufacturing enterprise in China's A-share market mainly engaged in rail transit and underground excavation high-end equipment.

Before the reorganization and listing, China Railway Hi-Tech Industry Corporation Limited(600528) made a performance commitment to the capital market: from 2017 to 2019, the company realized that the net profit returned to the parent after deducting non profits increased year by year, with a total of nearly 4 billion yuan in three years; It is estimated that the promised value in 2019 will increase by more than 60% compared with 2016 before the reorganization and listing.

In the face of the complex and changeable external environment and increasingly fierce competition in recent years, China Railway Hi-Tech Industry Corporation Limited(600528) not only successfully fulfilled its three-year performance commitment, but also achieved record highs in major business indicators over the years and handed over a satisfactory answer to the capital market. The newly signed contract amount of the company increased from 20.246 billion yuan before reorganization and listing to 46.805 billion yuan in 2021, an increase of 131.18%; The operating revenue increased from 13.649 billion yuan before reorganization and listing to 24.292 billion yuan in 2020, an increase of 77.98%; The net profit attributable to shareholders of listed companies rose from 994 million yuan before restructuring and listing to 1.826 billion yuan in 2020, an increase of 83.70%. By the end of the third quarter, China Railway Hi-Tech Industry Corporation Limited(600528) achieved an operating revenue of 20.106 billion yuan in 2021, with a year-on-year increase of 11.69%; The net profit attributable to shareholders of listed companies was 1.472 billion yuan, a year-on-year increase of 4.86%, and the internal value of the company continued to improve rapidly.

According to the latest statistics, the production and sales volume of shield machines developed by China railway equipment under China Railway Hi-Tech Industry Corporation Limited(600528) banner ranked first in the world in 2021, which is the first annual sales volume of the enterprise in China for ten consecutive years and the first in the world for five consecutive years.

Over the past five years, China Railway Hi-Tech Industry Corporation Limited(600528) actively promoted the transformation from "made in China" to "created in China", strengthened scientific and technological research and development, made great efforts to tackle "neck" technology problems, and developed a large number of new technologies and products. The core competitiveness of the company continued to increase. From 2017 to 2020, China Railway Hi-Tech Industry Corporation Limited(600528) has invested 3.662 billion yuan in R & D, with a compound annual growth rate of 23.46%; As of the third quarter of 2021, a total of 850 million yuan has been invested in R & D, a year-on-year increase of 13.05%.

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