On February 28, Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) released its annual report for 2021. During the reporting period, the company achieved an operating revenue of 540 million yuan, a year-on-year increase of 1.6%, and a net profit attributable to the owner of the parent company of 701243 million yuan, a year-on-year decrease of 15.24%.
Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) said that in 2021, the company’s sales indicators were well completed. However, due to the outbreak of epidemic and dual control of energy consumption in the region, the production and delivery were affected to a certain extent, and the annual revenue scale was only basically the same year-on-year. During the reporting period, the overall gross profit margin of the company decreased due to the rising cost of raw materials, rising labor costs, low gross profit margin of projects in new development fields, intensified market competition and other factors; At the same time, the government subsidies received by the company also decreased significantly compared with the same period of last year; In addition, as the company further strengthened its R & D investment, the annual R & D expenses also increased year-on-year. The above factors led to a decline in the net profit attributable to the parent company.
It is gratifying that during the reporting period, the company strengthened market development, signed more than 1 billion yuan of new contracts throughout the year, developed steadily in the fields of CO fuel ethanol, industrial water treatment, biopharmaceutical and lithium extraction from Salt Lake, made innovative breakthroughs in the application fields of resource utilization of titanium gypsum and cleaner production of iron phosphate, and formed new business growth points. In 2021, the company strengthened the sales promotion of core membrane materials, and the sales volume of ceramic membrane tubes increased significantly throughout the year.
In addition, the company further strengthened the construction of R & D system and increased R & D investment. The performance of membrane materials is further improved, which leads to the improvement of market demand; The lithium extraction adsorbent materials are continuously optimized and the production process is rapidly iterated. The company’s adsorbent products have achieved good results in multiple salt lake scene experiments. Based on this, the lithium extraction process by adsorption coupled membrane method is developed to speed up the market promotion; Connect with the downstream demand and successfully develop the cleaner production process package of iron phosphate. Up to now, the signed orders exceed 100 million yuan; Throughout the year, the company carried out a lot of work around material R & D, application R & D and equipment R & D. during the reporting period, the company was elected as the leading enterprise in the field of ceramic membrane in China’s membrane industry; Ceramic filter membrane products and complete sets of equipment were recognized as the Sixth Batch of single champion products in manufacturing industry by the Ministry of industry and information technology of the people’s Republic of China; The third generation ceramic film production line is recognized as the intelligent manufacturing demonstration workshop in Jiangsu Province. During the reporting period, the company vigorously carried out special management innovation activities such as informatization, digitization, standardization and lean, so as to improve the maturity of the internal supply chain and improve the delivery capacity of products.
According to the announcement, Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) also actively used the financing function of the platform of listed companies to help enterprise business development, and issued shares to specific objects with simple procedures to raise 103 million yuan for the construction of pilot lithium extraction platform in Salt Lake and comprehensive service project of solid and hazardous waste Intelligent Cloud warehouse.
