On March 25, Anhui Quanchai Engine Co.Ltd(600218) issued the annual report for 2021. During the reporting period, the company overcame the shortage of chip supply and other adverse factors and achieved a revenue of 5.508 billion yuan, a year-on-year increase of 23.61%; The net profit attributable to the shareholders of the parent company was 152 million yuan, a year-on-year decrease of 11.78%. The main reason is that since the beginning of last year, the prices of pig iron, steel and other large raw materials have continued to increase, increasing the cost of materials, and the growth rate of operating cost is higher than that of operating revenue.
During the reporting period, the company’s fund-raising and investment projects were steadily implemented. The total investment of the national six series engine intelligent manufacturing construction (phase II) project was 401 million yuan, including 300 million yuan of fund-raising investment. After the completion of the project, it is expected to form an annual production capacity of 150000 national six engines. By the end of the reporting period, the project design and equipment bidding had been completed, and some equipment had been mobilized for installation and commissioning; The total investment of the green casting upgrading and transformation project is 313.8 million yuan, of which 250 million yuan is invested by the raised funds. After the completion of the project, it is expected to form an annual production capacity of Shanghai Pudong Development Bank Co.Ltd(600000) castings for engine cylinder block, cylinder head and construction machinery. By the end of the reporting period, the project design and equipment bidding had been completed, the core making center and other equipment had been mobilized for installation and commissioning, and other equipment was gradually in place as planned; The total investment of hydrogen fuel cell intelligent manufacturing construction project is 136 million yuan, including 100 million yuan of raised funds. After the completion of the project, the production capacity of proton exchange membrane, membrane electrode and fuel cell power system will be 20000 m2 / year and 2000 sets / year respectively. By the end of the reporting period, the project design and equipment bidding had been completed, the transformation of 10000 class dust-free purification workshop, constant temperature laboratory and other plants had been completed, the installation and commissioning of proton exchange membrane coater, membrane electrode coater and other equipment were under way, and other equipment would be gradually put in place as planned.
Anhui Quanchai Engine Co.Ltd(600218) said that in the next step, in terms of product research and development, we should strictly abide by the requirements of national emission regulations, strictly abide by the emission floor, pay attention to the guidance of national policies, pay close attention to the needs of customers in the target market, and comprehensively improve the market competitiveness of products. Focusing on energy conservation and emission reduction and the goal of “double carbon”, relying on platforms such as national enterprise technology center, National Postdoctoral research workstation and Anhui academician workstation, we will increase technical reserves and project pre research. Carry out multi-level, multi form and multi field cooperation with universities and scientific research institutions to fully reserve talents and provide solid support for the long-term development of the company.
