Zhejiang Shuanghuan Driveline Co.Ltd(002472) performance express: the annual net profit was 327 million, with a year-on-year increase of 537.45%

Zhejiang Shuanghuan Driveline Co.Ltd(002472) released the annual performance express. From January to December 2021, the company achieved an operating revenue of 5.392 billion yuan, a year-on-year increase of 47.16%, and the average operating revenue growth rate of auto parts industry was 18.24%; The net profit attributable to shareholders of listed companies was 327 million yuan, a year-on-year increase of 537.45%, and the average net profit growth rate of auto parts industry was 15.19%.

The announcement shows that during the reporting period, the company achieved a total operating income of 53922686 million yuan, an increase of 47.16% over the same period of last year; The operating profit was 376665 million yuan, an increase of 340.56% over the same period last year; The total profit was 382646600 yuan, an increase of 353.52% over the same period last year; The net profit attributable to the shareholders of the listed company was 326573 million yuan, an increase of 537.45% over the same period last year; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 278328 million yuan, an increase of 637266% over the same period of the previous year; The basic earnings per share was 0.45 yuan, an increase of 462.50% over the same period last year.

It is reported that Zhejiang Shuanghuan Driveline Co.Ltd(002472) has won the market opportunity in the gear field of driving system of new energy vehicles, promoted the improvement of industry concentration, and continuously promoted the growth of the company’s performance with the continuous improvement of the penetration rate of new energy vehicles and the vigorous development of the industry; The company is committed to independent innovation and technological upgrading, effectively promoting the improvement of manufacturing capacity and the decline of unit cost, realizing competitive advantages in quality, delivery time and cost, further strengthening customer stickiness, and promoting the steady growth of performance. Relying on the acceleration of domestic substitution for import in the field of gear manufacturing and the trend of main engine manufacturers outsourcing gear parts to professional manufacturers, several high-quality projects of the company have entered the rapid climbing stage, and the capacity of strategic layout has been gradually released.

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