Snowsky Salt Industry Group Co.Ltd(600929) 3 announced on March 12 that from January to February 2022, the production and sales of the company were booming, and the volume and price of main products increased simultaneously. According to preliminary accounting, from January to February 2022, the company achieved a total operating revenue of about 960 million yuan, an increase of about 80% year-on-year; The net profit attributable to shareholders of listed companies was about 90 million yuan, with a year-on-year increase of about 125%.
Snowsky Salt Industry Group Co.Ltd(600929) ‘s main business is salt and salt chemical industry, and salt and salt chemical industry develop together. The company is accelerating its development from a regional company to a national company. It has set up 30 branches outside the province in China, developed more than 16000 dealers outside the province, and equipped with its own professional team to explore the market. The company’s salt production and sales volume is more than 5 million tons, and the sales volume of markets outside the province has exceeded that of markets inside the province; In the salt chemical industry sector, the company’s subsidiary 92 salt industry’s annual output of 300000 tons of caustic soda and 180000 tons of hydrogen peroxide project will release production capacity this year, and the production capacity of 700000 tons of soda ash and ammonium chloride in Hunan and Chongqing will increase to double 9 Ping An Bank Co.Ltd(000001) million tons after the completion of production transformation at the end of this year. At the same time, according to the calculation of the company, excluding the cost change factors, the unit production cost of soda ash will be reduced by more than 200 yuan after the completion of the salt production transformation of Hunan and Chongqing.
The company said that the current salt chemical industry has entered a sustained profit cycle, which can provide strong support for the company’s revenue and profit. In the long run, with the in-depth implementation of the company’s salt sector nationalization strategy, the proportion of medium and high-end salt will increase, which will further enhance the profitability of the company. At the same time, the company is trying to enter the new condiment track. The company has signed a strategic cooperation agreement with xinnongken (Shanghai) Agricultural Development Co., Ltd. and jointly funded the establishment of a joint-stock company to expand multi-level cooperation in the field of compound condiments, such as brand construction, product research and development, market layout, exploration of new retail model and so on. In the future, the company will adhere to the business strategy of “famous brand, leading quality and rich categories”, focus on technology upgrading and product upgrading, accelerate the serialization, high-end and nationalization of condiment business, and promote the high-quality development of the company. (Liu Tao)
