Shandong Haihua Co.Ltd(000822) : in 2021, the company’s revenue was about 5.851 billion yuan, and its operating performance increased significantly

Shandong Haihua Co.Ltd(000822) 3 released the annual report of 2021 on March 24. In 2021, the company’s operating revenue was about 5.851 billion yuan, an increase of 58.66% over the same period of last year; The net profit attributable to shareholders of listed companies was about 605 million yuan, and the net profit attributable to shareholders of listed companies was about – 252 million yuan in the same period of last year.

According to the annual report, focusing on the leading products soda ash and bromine, the company has actively expanded the upstream and downstream industrial chain, and has formed a salt chemical industrial chain with raw salt in the upstream and baking soda in the downstream, supplemented by calcium chloride, potassium sulfate, magnesium chloride and other circular economy products, realizing the industrial layout of collaborative cooperation and mutual benefit between different products.

During the reporting period, by deepening the implementation of target management version 4.0, the company deeply carried out the theme activities of raising standards and establishing standards. The production operation was stable and orderly, the results of cost reduction and efficiency increase were remarkable, the environmental protection governance was solidly promoted, the tasks and objectives were successfully completed, and the business performance was greatly improved. Historic breakthroughs have been made in many consumption indicators. Among them, the comprehensive energy consumption of soda ash plant ranks among the top in the industry, and has been awarded the honorary titles of “13th five year plan” energy-saving advanced unit, energy efficiency “leader” benchmark enterprise in soda ash industry and water efficiency “leader” benchmark enterprise by Petrochina Company Limited(601857) and Chemical Industry Federation. The bromine plant and Yangkou salt farm gave full play to the benefits of coordination and cooperation, promoted high yield with stable yield, and the bromine output and operating income reached a record high.

Shandong Haihua Co.Ltd(000822) as one of the major soda ash production enterprises in China, based on the salt chemical industry and focusing on the leading product soda ash, actively optimize the resource allocation, stretch the chemical industry chain, continuously improve the core competitiveness and promote the high-quality development of the enterprise. In the future, the company will build a marine chemical industrial park based on the company’s existing industries and infrastructure. According to the positioning of “industry leader and China’s first-class”, increase the upgrading and transformation of existing main devices, implement the strategy of vertical integration and horizontal integration, and stretch the industrial product chain; Implement the “going global” strategy, implement projects to expand market influence and resource guarantee through strategic cooperation, mergers and acquisitions, enhance competitiveness, and strive to build a first-class listed company in China with “fine management, excellent performance, stable operation, public recognition and employee glory”.

In 2022, the company’s main production and operation plan targets are 2.85 million tons of soda ash, 1.33 million tons of raw salt, 9050 tons of bromine, 305000 tons of calcium chloride, 160000 tons of baking soda, 19000 tons of potassium sulfate and 85000 tons of magnesium chloride (solid).

In addition, in the future, the company will increase the funds required in increasing R & D investment, technological innovation, equipment upgrading and transformation, key project construction, etc. in addition to using its own funds, the company will actively seek solutions through various financing channels.

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