Guangdong Jinming Machinery Co.Ltd(300281)
Work report of the board of directors in 2021
March 2022
Work report of the board of directors in 2021
1、 Main business analysis 1. Overview
(I) macro business environment
In 2021, affected by complex factors such as the continuous and repeated global epidemic, the accelerated evolution of industrial change and the uneven economic recovery, the exchange rate, energy supply and raw material prices fluctuated greatly. China's economic development faced triple pressures of shrinking demand, supply shock and weakening expectation, and the business environment was complex and severe. The company took multiple measures to actively respond to the situation, further consolidated the main business of high-end intelligent plastic machines, solidly created a new strategic fulcrum for the film business, and deeply established the Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) chain layout of "new materials - intelligent equipment - Smart factory - big data cloud platform - special film". By continuously promoting product R & D, lean management, cost reduction and efficiency increase, All financial indicators achieved good growth and abundant cash flow. During the reporting period, the operating income was 52327345358 yuan, a year-on-year increase of 28.71%; The net profit attributable to the shareholders of the listed company was 3961226014 yuan, a year-on-year increase of 7.55%, and the net cash flow from operating activities was 748 Shenzhen Sdg Information Co.Ltd(000070) 4 yuan, a year-on-year increase of 48.80%.
(II) main business conditions of the company during the reporting period
1. Development of "plastic machine + film" two wheel drive enterprise
During the reporting period, in the field of plastic machinery equipment, the company continued to firmly grasp the strategic basis of independent innovation, focus on technological R & D and innovation, and improve the process accuracy of core components and the intelligent level of equipment; Taking the trend of global industrial transformation as the clue and customer demand as the guide, enrich the product structure, develop new intelligent plastic machine equipment with wider application scenarios, apply more cutting-edge technology and realize higher product value, and build a full series of film machine group product system of "blow molding + casting + biaxial stretching". In 2021, the company's plastic machinery business was full of orders and production was tight and orderly. In order to further match the business demand and development planning, the company actively promoted the production capacity planning and production capacity improvement plan, timely increased the investment in fixed assets, purchased advanced five axis linkage processing center and other production supporting equipment, improved the supply capacity, and better met the intelligent, diversified and differentiated needs of downstream customers, Solidly build the brand of "full range of film smart factory solution provider" and consolidate the company's technology leading position in the industry.
The company has steadily implemented the work of extending the industrial chain to the downstream and created a new strategic fulcrum. In the field of film business, the company continues to optimize the professional film business operation team and further improve the development framework of film business. During the reporting period, the two BOPET optical grade polyester film production lines invested and built by Jinming were successfully put into operation, and the production capacity was gradually released; The high barrier functional soft film business of Jinjia new material production and operation operates in an orderly manner The company's overall film business has made steady efforts, which has played a stronger supporting role in the company's profitability. Through the "plastic machine + film" two wheel drive, the company creates a new engine for high-quality development, continuously improves development toughness, and continues to build a core competitive advantage for the future.
2. Focus on innovation and keep up with the technological frontier
The state strongly supports the transformation and upgrading of the manufacturing industry and advocates the new concept of green environmental protection development. From the perspective of circular economy, the company strengthens the study and judgment of the situation, grasps the development trend of the industry, focuses on the trend of "recyclable and degradable" circular packaging industry, and launches a single material packaging solution, which has been recognized by the market. In 2021, the company put forward the development theme of "film technology 4.0pro - helping the development of circular packaging industry", successfully developed a number of new products such as five layer co extrusion online MDO stretching high-performance blow molding film production equipment, jointly focused on the development frontier of the industry, and strive to make new breakthroughs in material functionalization, greening and environmental friendliness, adhering to the principle of high performance, low energy consumption The concept of sustainable development and environmental protection economy provides efficient and reasonable development suggestions for film equipment manufacturing industry and film plastic packaging industry.
Thanks to the continuous investment in R & D and innovation, the company's R & D achievements and technology application have achieved fruitful results. During the reporting period, 26 new authorized patents were added, and the company's "nine layer co extrusion high resistance heat insulation shrinkage film blow molding unit" was successfully recognized as the first set of major technical equipment in Guangdong Province in 2021. In the future, the company will take the first set of demonstration application cases as a breakthrough to promote the overall improvement of film manufacturing equipment. At the same time, the company will give full play to the R & D advantages of modern high-precision machining center, the first "experiential" experimental center and big data cloud platform, and continuously improve the R & D strength with advanced ideas and professional R & D team to keep up with the pace of the times, Integration and innovation firmly casts development toughness.
3. Expand channels and strengthen brand advantages
The company pays close attention to market dynamics and industry trends, takes multiple measures to improve internal communication efficiency and market information collection ability, quickly responds to market demand, timely adjusts marketing strategies, and focuses on products and customers.
During the reporting period, the company continued to strengthen channel laying and marketing. First, by refining the all media marketing strategy, Wuxi Online Offline Communication Information Technology Co.Ltd(300959) all channel integrated operation, actively carried out offline startup demonstrations, technical seminars and other exchange activities, and expanded brand exposure and market coverage through new media, paper media and other new channels. The new official website of the company was officially launched in 2021, According to the characteristics of different series of film equipment, market development prospects and customer needs, present the company's products and successful cases, and shape the company's brand in a three-dimensional way; Second, deepen the partnership with well-known raw material manufacturers at home and abroad such as ExxonMobil, Boru and Dow Chemical, and constantly explore new formulas, new materials and new processes, so as to strengthen the production performance of film equipment and realize more diversified film application possibilities. Through multi-channel and multi platform brand maintenance, the company strengthened its leading position in the industry, improved brand perception, and provided effective support for further consolidating and enhancing the company's market competitiveness.
4. Integrate resource allocation and continuously improve internal management
During the reporting period, the company further improved its corporate structure and coordinated the operation of its subsidiaries around the development strategy to improve management efficiency. In order to better promote the digitalization, intellectualization and automation of the company's industry, the company has set up a new mode of "Internet plus advanced manufacturing", which is built up by a new wholly owned subsidiary of Chi Hui cloud.
In terms of corporate governance, the company strictly abides by the internal control system of listed companies, adheres to standardized operation and scientific management. The company has deeply implemented process management reform (IPD) and total quality management (TQM), fully implemented the safety production system, continuously promoted the lean production management plan, strengthened the standardized management of key processes and improved the awareness of quality control. The on-site 6S work has achieved remarkable results; Strengthen the implementation and management of capital budget, improve the efficiency of capital use, ensure the healthy operation of the company's cash flow, and provide financial support for the company's main business and extended investment; Continue to strengthen the awareness of social responsibility, integrate the performance of social responsibility into the company's production and operation activities, and actively perform corporate social responsibility by creating wealth for the society, caring for the growth of employees, safeguarding shareholders' rights and interests, and participating in social welfare activities.
(III) summary
In 2021, a new round of scientific and technological revolution and industrial reform will accelerate the evolution, the international political and economic pattern will be profoundly adjusted, and the complexity of the external environment will be unprecedented.
Under the leadership of the management with the board of directors as the core, the company is determined to forge ahead and calmly deal with all kinds of severe difficulties and challenges. The company has achieved good results in business performance, management efficiency and cost control. In the future, the company will focus on extending and strengthening the chain, stimulate the potential of the enterprise from the aspects of capacity expansion, technological innovation and talent reserve, and commit to the high-quality and sustainable development of the enterprise. 2. Revenue and cost (1) overall composition of operating revenue
Unit: Yuan
20212020
Year on year increase or decrease
Proportion of amount in operating revenue proportion of amount in operating revenue
Total operating revenue 52327345358 100% 40654371395 100% 28.71% by industry
Plastic machinery industry 27285349151 52.14% 30469145190 74.94% - 10.45%
Plastic products 24179026706 46.21% 9399930925 23.12% 157.23%
Other business 733025708 1.40% 734059540 1.81% - 0.14%
Software 129943793 0.25% 51235740 0.13% 153.62%
Sub product
Film blowing machine 22909125849 43.78% 24304683584 59.78% - 5.74%
Film and bag products 16606483254 31.74% 3163691941 7.78% 424.91%
Raw materials 7572543452 14.47% 6236238984 15.34% 21.43%
Other equipment 4376223302 8.36% 6164461606 15.16% - 29.01%
Other business 733025708 1.40% 734059540 1.81% - 0.14%
Software 129943793 0.25% 51235740 0.13% 153.62%
Sub region
North China 2328773844 4.45% 1552111002 3.80% 50.04%
Northeast 2410806274 4.61% 1606609820 3.95% 50.06%
East China 16245543242 31.05% 13889920134 34.17% 16.96%
South China 22454117047 42.91% 1 Shandong Fengyuan Chemical Co.Ltd(002805) 9588 24.67% 123.91%
Central China 1235978408 2.36% 676976697 1.67% 82.57%
Northwest 19789266 0.04% 429136508 1.06% - 95.39%
Southwest 468017975 0.89% 1007102188 2.48% - 53.53%
Overseas 6431293594 12.29% 10733795024 26.40% - 40.08%
Other business 733025708 1.40% 730660434
