Chengdu Xinzhu Road&Bridge Machinery Co.Ltd(002480) : the orders of rail transit industry decreased, and the loss in 2021 was 286 million yuan

Chengdu Xinzhu Road&Bridge Machinery Co.Ltd(002480) 3 on the evening of March 16, the annual report of 2021 was released. The company achieved an operating revenue of 1.249 billion yuan in 2021, a year-on-year decrease of 46.67%; The net profit loss attributable to the shareholders of the listed company was 286 million yuan, with a profit of 596101 million yuan in the same period of last year; The basic earnings per share is -0.37 yuan.

For the reasons for the performance loss in 2021, the company said that it was mainly due to the decrease of orders in the rail transit industry, the decrease of operating revenue and the corresponding decrease of operating profit; In addition, in the same period of last year, in order to support Shanghai Aowei Technology Development Co., Ltd. to move independently to the capital market, the company transferred part of its equity to the outside world, realizing an investment income of 263 million yuan (belonging to non recurring profits and losses), and the investment income decreased year-on-year in 2021.

In the 2022 business plan, the company said that it would continue to increase revenue and reduce expenditure to ensure the achievement of the performance target in 2022. For the bridge functional components sector, strive to overcome the cost pressure and capital pressure caused by the change of market environment, continue to expand the sales scale, do a good job in the planning of major projects, and actively reduce the cost by means of technological transformation and optimization of production organization mode, so as to ensure the growth of business benefits in 2022; The whole vehicle manufacturing and repair section will spare no effort to ensure the fourth round of planned vehicle orders of Chengdu Metro and synchronously expand orders in markets outside Chengdu. In addition, we will focus on expanding the double city economic circle and Fuyang market in Chengdu and Chongqing, and achieve new breakthroughs in the maglev industry.

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