On March 25, 2022, Grand Industrial Holding Co.Ltd(000626) released the annual report for 2021, and the company achieved an operating revenue of 81.562 billion yuan, a year-on-year increase of 38.14%; The net profit attributable to the shareholders of the listed company was 222 million yuan, a year-on-year increase of 296.25%.
Grand Industrial Holding Co.Ltd(000626) introduces that 2021 is the key year for the company to develop into a large-scale high-tech enterprise integrating trade and industry. While vigorously developing bulk commodity trade, the company has unswervingly invested in high-tech agricultural industry and rapidly combined trade with industry and high technology. The three business areas of trade, oil and ecological agriculture have flourished, and substantive progress has been made in strategic transformation.
transformation from trade field to platform based comprehensive service provider
In 2021, Grand Industrial Holding Co.Ltd(000626) continued to make steady progress in commodity trade channel services, price management and international business, optimized and refined the risk management system, and achieved good business performance thanks to the overall rise in commodity prices. The company has maintained a leading position in the field of bulk commodity trade for a long time, established strategic partnerships with a number of world top 500 enterprises or industry giants, provided comprehensive services such as goods, information, logistics and warehousing for thousands of small and medium-sized production enterprises in China, and changed from the traditional spot distribution and channel service mode to providing platform integrated service providers such as price management, research sharing, logistics exchange, industry and trade integration for upstream and downstream customers in the industrial chain. The company’s core business entity in the field of trade, Yuanda products, has been ranked among China’s top 500 enterprises and China’s top 100 service enterprises for consecutive years.
continuous deepening of whole industry chain operation in oil field
Grand Industrial Holding Co.Ltd(000626) relying on the deep understanding of the industrial chain in the oil field and the enabling ability of upstream and downstream, it has established the strategy of vertical integration and synchronous development of upstream, middle and downstream, and is committed to building a whole industrial chain business model integrating resources, R & D, large-scale production and trade. At present, Grand Industrial Holding Co.Ltd(000626) takes the Singapore subsidiary as the global trading platform of oil and grease, and the teams at home and abroad work closely to optimize the purchase and marketing decisions and improve the ability of price risk management; Establish long-term cooperative relations with local enterprises in Indonesia and actively explore the oil resources upstream of palm oil; Carry out product R & D cooperation with Malaysian palm oil bureau (MPOB) to improve product innovation ability and enrich product portfolio. In September 2021, Yuanda oil (Dongguan) was approved as the designated delivery warehouse of palm oil in Dalian Commodity Exchange; In November of the same year, Grand Industrial Holding Co.Ltd(000626) signed a framework agreement to acquire Guangdong Hongxin, enter into the field of special oil and continue to deepen the layout of the whole industrial chain.
ecological agriculture has achieved leapfrog development
In 2021, Grand Industrial Holding Co.Ltd(000626) officially launched the industrialization process of ecological agriculture and continuously deepened the strategic layout of high-tech agriculture and biological pesticides. It has successively established the “modern agricultural research and development center” with the Plant Protection Research Institute of the Chinese Academy of Agricultural Sciences, successfully acquired Kaili biology, a high-tech biopesticide enterprise with the exclusive patent of mesobiotic technical medicine, and signed a framework agreement to acquire Shaanxi McColo, a new “little giant” enterprise specializing in biopesticides; In March 2022, Grand Industrial Holding Co.Ltd(000626) exclusively transferred a series of scientific and technological achievements such as pesticide registration certificate and relevant invention patents of oryzanol technical drugs and preparations independently owned by Northeast Agricultural University.
In 2021, Kaili biology achieved an operating revenue of 141 million yuan, a year-on-year increase of 21.16%; The net profit was 423146 million yuan, a year-on-year increase of 38.81%, exceeding the promised performance, and was approved as “key agricultural enterprises of agricultural industrialization in Fujian Province” by the Department of agriculture and rural areas of Fujian Province.
Grand Industrial Holding Co.Ltd(000626) said that in 2022, we will vigorously develop commodity trade, rapidly combine trade with industry and high technology, continue to unswervingly develop high-tech agricultural industry, build a vertical oil industry chain system, realize the organic coordination and rapid development of trade, oil and ecological agriculture, and continue to move forward to large-scale high-tech enterprises integrating trade and industry.
