Company code: Guanghui Logistics Co.Ltd(600603) company abbreviation: Guanghui Logistics Co.Ltd(600603) Guanghui Logistics Co.Ltd(600603)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report, which is to fully understand the company's operating results, financial status and future development plans
Investors should go to www.sse com. cn. The website carefully reads the full text of the annual report.
2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities.
3. All directors of the company attend the board meeting.
4 Daxin Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company.
5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
Audited by Daxin Certified Public Accountants (special general partnership), the consolidated statements of the company in 2021 belong to the shareholders of the parent company
The net profit is 57289924986 yuan. The parent company realized a net profit of 1875143442 yuan in 2021, as of December 31, 2021
The accumulated undistributed profit of the parent company was 27519352600 yuan.
As of the disclosure date of the annual report, the company's short-term debt and interest due in the next year totaled 941 million yuan
The "Urumqi north railway station integrated logistics base project" (phase II), a set of investment projects funded by raised funds, will continue to be constructed, and the company will temporarily make up for it
The supporting raised funds filled with working capital of RMB 505 million need to be returned, and the company has a large amount of definite cash expenditure in the next year. with
Affected by covid-19 pneumonia epidemic, real estate regulation policies and other factors, the business environment faced by the company will remain stable in the foreseeable future
Severe, complex and changeable. In order to enhance the company's ability to resist risks, ensure the sustainable, stable and healthy development of the company and better maintain the overall
It is very important to protect the long-term interests of shareholders and the stability of the company's cash flow. The company plans not to carry out profit distribution and capital public in 2021
Conversion of accumulated capital into share capital.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A-share Shanghai Stock Exchange Guanghui Logistics Co.Ltd(600603) Guanghui Logistics Co.Ltd(600603) Dazhou Xingye
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Zhang Jin, Yang Xueqing
Office address: Securities Department, 44th floor, China China Citic Bank Corporation Limited(601998) building, 165 Xinhua North Road, Tianshan District, Urumqi, Xinjiang
Tel: 09916602888
E-mail [email protected]. [email protected].
2. Introduction to the company's main business in the reporting period
1、 Industry of the company
(I) comprehensive park construction -- Airport Economic Demonstration Zone
In recent years, the state has attached great importance to and actively encouraged the development of the airport economic zone, successively issued the guiding opinions on the construction and development of the airport economic demonstration zone and other policy documents, emphasizing the need to form a "airport industry town" development model, strengthen the industrial transformation and upgrading of the airport economic zone, and promote the development of Commerce, logistics, culture, science and education, Build the agglomeration of aviation advantageous industries. The "opinions on further promoting the development of civil aviation in Xinjiang" of the autonomous region proposes to further strengthen the support for civil aviation in Xinjiang and help civil aviation in Xinjiang achieve leapfrog development. The focus is to highlight the strategic position of Urumqi International Airport as the country's five gateway airports and actively build the air silk road. Therefore, the role of Urumqi airport economic demonstration zone has become increasingly prominent.
Urumqi airport economic demonstration zone is planned to cover an area of 135.6 square kilometers. The goal is based on the advantageous location of Xinjiang in the hinterland of Asia and Europe, relying on the gateway status of Urumqi airport, linking export-oriented functional areas such as comprehensive bonded area and international dry port area, and focusing on the three functional blocks of "large hub, new manufacturing and excellent service", Build into China's first-class airport economic demonstration zone with "integrated development of people, industry and city, distinctive characteristics of airport industry, perfect supporting facilities and beautiful ecological environment". The construction of Urumqi airport economic demonstration zone is an important measure to implement the national and regional development strategy. It is of great significance to the construction of the economic core area of the Silk Road and further give full play to the important node role of Urumqi connecting the Eurasian Continental Bridge Economic Corridor. At present, with the full capping of the main structure of the North corridor of the terminal building of the reconstruction and expansion project of Urumqi International Airport, the construction of the airport economic demonstration area is accelerating.
(II) cold chain logistics industry
In recent years, the scale of China's cold chain logistics market has grown rapidly, and the construction of national backbone cold chain logistics base and cold chain facilities for producing and selling land has been steadily promoted. According to the research data of Ping An Securities, in 2020, the scale of China's cold chain logistics market exceeded 380 billion yuan, the storage capacity of cold storage was nearly 180 million cubic meters, and the number of refrigerated vehicles was about 287000, which was about 2.4 times, 2 times and 2.6 times higher than that at the end of the 12th Five Year Plan, respectively. A cold chain logistics service system integrating origin and sales, transportation and warehousing, and logistics and industry was initially formed. The outbreak of covid-19 has had a significant impact on China's cold chain logistics industry, especially on cold storage. Due to social isolation, residents began to use more e-commerce platforms for online shopping, resulting in a huge online shopping volume of fresh food and drugs, which further led to the continuous warming of the overall cold chain logistics market. According to the data of China business industry research, the transaction scale of fresh e-commerce in China in 2020 was 364.13 billion yuan, a year-on-year increase of 42.54%, about four times that of 2016.
On December 12, 2021, the general office of the State Council issued the first Five-Year Plan for the development of cold chain logistics in China's cold chain logistics field, the "14th five year plan", which proposed that by 2025, a cold chain logistics network connecting the origin and land sales, covering urban and rural areas and connecting China International would be initially formed, and basically completed in line with China's national conditions and the characteristics of industrial structure Cold chain logistics system to meet the needs of economic and social development. Basically build a three-level cold chain logistics node facility network with the national backbone cold chain logistics base as the core, the production and marketing cold chain centralized distribution center and the cold chain logistics facilities at both ends as the support. The release of the plan defines the top-level design of cold chain logistics and determines the development path. The cold chain logistics industry will usher in major development opportunities.
(III) real estate industry
According to the data of the National Bureau of statistics, the sales area of commercial housing in 2021 was 1.794 billion square meters, with a year-on-year growth rate of 1.9%, and the sales amount was 18.19 trillion yuan, with a year-on-year growth rate of 4.8%. In the first half of the year, the sales of commercial housing continued the prosperity of the second half of 2020, the sales volume and sales area continued to grow in double digits, and the average sales price remained above 10000 yuan / square meter. After June, the sales of new housing market fell precipitously. From August, the sales area and sales growth entered double-digit negative growth and remained until the end of the year. At the same time, real estate development investment continued to operate at a low level in the second half of the year, and entered a negative growth in September. In December, the completion of development investment decreased by 13.9% year-on-year. Real estate enterprises have great capital pressure, strict pre-sale supervision and low willingness to start construction. The popularity of local auction continued to decline. Due to the pressure of capital turnover, private real estate enterprises took land slowly but did not take land. The second and third rounds of centralized local auction in 31 key cities were significantly cold, and the base price transaction was normalized. Since the introduction of the "three red lines" policy at the end of 2020, the regulation of real estate has been continuously tightened, the cash flow at the financing end and operation end of real estate enterprises has been blocked, more and more real estate enterprises have defaulted, and the real estate industry has entered the "cold winter" in the second half of 2021 and officially entered the bottom stage.
The central government has always adhered to the general tone of "housing, housing and speculation". At the Political Bureau meeting and the central economic work conference held at the end of 2021, it proposed to "support the commercial housing market to better meet the reasonable housing needs of buyers and promote the healthy development of a virtuous circle of the real estate industry due to urban policies." Under the background of loose policy implementation, it is expected to open the window of local policy implementation.
(IV) Railway Logistics
As the core area of the Silk Road Economic Belt, Xinjiang is an important national energy reserve base. The reply on the construction planning of large coal bases in Xinjiang (fgy [2014] No. 387) issued by the national development and Reform Commission clearly points out that the large coal base in Xinjiang is an important undertaking area for the westward shift of China's coal productivity, which is composed of Turpan Hami, Junggar, Yili and kubai, including 36 mining areas. According to the guiding opinions on the structural adjustment of the coal industry in the 14th five year plan issued by China Coal Industry Association on May 29, 2021, in the 14th five year plan, only the output targets of the bases in eastern Mongolia, Northern Shaanxi, Huanglong and Xinjiang have been enlarged, of which the output of Xinjiang has stabilized at about 300 million tons / year. With the migration of national energy development (especially coal resources) to the west, the outward transportation of Xinjiang coal has become a key restrictive factor, and the construction of railway and other transportation infrastructure has become the top priority of regional development.
The jiangnao railway project under construction is located in the northeast of Xinjiang Autonomous Region, passing through the three mining areas of naomao lake, Santanghu and Balikun in Turpan Hami region and the mining areas of Xiheishan and jiangjunmiao in Zhungar region. It runs through the two national coal bases of "Hami Zhundong". The coal resources in the region are very rich, easy to mine and good coal quality, which is suitable for power generation and coal chemical industry, Most mining areas have entered the stage of large-scale development, and the supporting coal chemical industry, electrolytic aluminum and other industries are also developing rapidly, which will become an important growth pole for the development of Xinjiang.
2、 Business situation of the company
(I) stable relocation of Meiju Logistics Park
In order to actively respond to the increasingly fierce competition in the home building materials market and the declining market prosperity, and reverse the continuous decline in the rental rate and income of Meiju Logistics Park year by year, the company actively responded to the call for action of the government in its jurisdiction on urban renewal on the basis of striving to create a new business form of KL xingpinhui.com, Taking advantage of the opportunity that some buildings in Meiju logistics park are included in the 2021 old urban upgrading project of Urumqi city and high tech Zone (new urban area) government, the transformation and upgrading of Meiju logistics park is planned with "subversive" transformation. After full communication with the government, Xinjiang Yazhong logistics business network Co., Ltd. (hereinafter referred to as "Yazhong logistics"), a wholly-owned subsidiary of the company, signed the housing expropriation compensation agreement with relevant government departments. The company arranged the relocation in an orderly manner, properly resettled the relocated merchants, and the relevant work was implemented smoothly. With the help of Meiju urban renewal and reconstruction project, the company will build Urumqi's first super large urban complex guided by public transport (TOD) and integrating central business district (CBD), tourism business district (TBD), leisure business district (RBD) and central residential area (CLD), so as to realize the "three arrows" of urban image, economic benefits and corporate brand.
(II) successful acquisition of Gexin project
On August 6, 2021, Yazhong logistics signed the equity transfer agreement with Xinjiang Guanghui Real Estate Development Co., Ltd. (hereinafter referred to as "Guanghui real estate") to acquire 65% of the equity of Xinjiang Gexin Investment Co., Ltd. (hereinafter referred to as "Gexin company") held by Guanghui real estate, and obtained the control right of Gexin company. The existing land of Gexin company is 657317 mu, all of which are close to Urumqi diwobao International Airport. With outstanding transportation advantages and comprehensive land utilization advantages, Gexin company is the core area of the airport economic demonstration zone. After the acquisition of the project is completed, the company will build the "light of the Silk Road" international logistics new city project and build xinmeiju commercial logistics park, automobile industry park, cold chain logistics park according to the overall requirements of the Party committee and government at the two levels of autonomous region and Urumqi on seizing the new opportunities of the "core area" of the Silk Road Economic Belt and the decision-making and deployment of high-level construction of airport economic zone One belt, one road, the other is the new industrial park of the airport, which is a new anchor for airport logistics. At present, the project has been listed as a key investment project in the 14th five year plan of the autonomous region and Urumqi.
(III) steady development of cold chain business
In 2021, huilingxian company actively overcame the impact of the epidemic and the obstruction of investment promotion, turned the crisis into an opportunity, made full use of its own software and hardware advantages, launched the epidemic prevention coding platform, and realized the real-time tracking and traceability of goods transfer for the first time in the territory. It was identified as the centralized inspection warehouse of cold chain food in Urumqi, which greatly promoted the increase of business volume, The rental rate of warehousing business increased from 23% at the beginning of the year to 91%, which was subsidized by the government of 1 million yuan per month and supported by the project fund of 5 million yuan from the central government, which effectively ensured the steady development of Urumqi North Railway Station comprehensive logistics base project and cold chain business. The company established Xinjiang Shenzhen Agricultural Products Group Co.Ltd(000061) supply chain system that covers Xinjiang and radiates the whole country, The goal of creating one belt, one road leading supply chain platform has taken a solid step.
(IV) steady progress of real estate projects
In 2021, facing the "cold current" in the real estate industry, the company paid close attention to project quality, schedule management and cost control, ensuring the stability and order of all projects under construction. The company has taken many measures to promote real estate sales. The projects on sale, such as Yuyuan phase II, Chengdu Xuelian Tianfu, huirun City Phase I, Yijing courtyard, Yujin City, huimingxuan, Meishan Huiming City, Guilin Huiyue city and so on, have received positive responses from the market. Among them: Xuelian Tianfu project creatively combines art with real estate to create an art life cluster, which has achieved excellent response in the market and achieved basic liquidation in more than a year. Yujincheng project has won the favor of customers with high quality and high standards, and its sales volume has always maintained the leading position in the industry.
(V) factoring and supply chain business were carried out steadily
Huiyingxin factoring company has effectively transformed its business model, adjusted its business structure, carried out business for familiar customers in familiar fields and controlled
