Recently, Wg Tech (Jiang Xi) Co.Ltd(603773) released the annual report of 2021, and the company achieved an operating revenue of 1.05 billion yuan, an increase of 73.79% year-on-year; The net profit attributable to the shareholders of the listed company was -268629 million yuan.
Wg Tech (Jiang Xi) Co.Ltd(603773) said that the loss in 2021 was mainly due to the company’s increased investment in R & D, production, sales and management. In 2021, the company invested 51.224 million yuan in R & D, a year-on-year increase of 60.5%, accounting for 4.88% of operating revenue.
By the end of 2021, the company has applied for two sets of patents from the United States, Europe and Japan through PCT, all of which have been authorized; 472 national patents were applied for, including 189 invention patents and 280 utility model patents; A total of 306 patents have been authorized, including 84 invention patents and 219 utility model patents.
In 2021, the company acquired 51% equity of Huichen electronics, 51% equity of Beijing Baoang and 60% equity of Xingwei electronics, expanded the development space of the company in the upstream and downstream fields such as backlight, touch module and optical film materials, and further promoted and improved the layout of the company in the photoelectric display module industry chain.
