Chongqing Shunbo Aluminum Co.Ltd(002996) : the production and sales volume of products increased significantly, and the net profit in 2021 increased by 74.74% year-on-year

Chongqing Shunbo Aluminum Co.Ltd(002996) 3 on the evening of March 14, the annual report of 2021 was released. The company achieved an operating revenue of 9.985 billion yuan in 2021, an increase of 105.07% year-on-year; The net profit attributable to the shareholders of the listed company was 342 million yuan, a year-on-year increase of 74.74%; The basic earnings per share is 0.78 yuan. The company plans to distribute a cash dividend of 1 yuan (including tax) to all shareholders for every 10 shares.

The annual report shows that the company’s main business is the production and sales of recycled aluminum alloy ingot (liquid) series products in the field of circular economy. During the reporting period, the company seized the industrial opportunity of strong demand for aluminum resources in China, relying on the company’s original production bases in Hechuan, Chongqing, Liyang, Jiangsu and Qingyuan, Guangdong, and Hubei Xiangyang production base with rapid increase in capacity and output in 2021, and gave full play to the company’s capacity layout, technology application and reserve, procurement channels, customer resource development The advantages of refined production and operation management and control have realized the rapid growth of product output and sales volume, and the business efficiency of the enterprise has been further improved.

In the future, the company said that it would rely on the steady development of its own recycled aluminum business, adhere to the development strategy of coordinated promotion of “recycled cast aluminum alloy + recycled deformed aluminum alloy + aluminum ash hazardous waste disposal”, make full use of the platforms and tools of China’s capital market, and seize the favorable opportunity of industry integration and development, We are committed to promoting the layout activities in key areas of the recycled aluminum industry and key applications of the aluminum industry, and constantly strengthen and expand.

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