Anhui Zhongyuan New Materials Co.Ltd(603527) 2021 net profit growth of 119%, will quickly cut into the field of new energy

On March 27, Anhui Zhongyuan New Materials Co.Ltd(603527) issued the annual report for 2021. During the reporting period, the company achieved an operating revenue of 6.78 billion yuan, a year-on-year increase of 76.74%; The net profit attributable to shareholders of listed companies was 137 million yuan, a year-on-year increase of 119.40%.

During the reporting period, the company’s marketing team closely focused on the annual objectives, actively explored the market and worked hard to develop high-quality customers. At the same time, through the integration of marketing forces, the company decomposed regional market objectives and further consolidated the mature market. The company sold 109891 tons of copper strip in the whole year, with a year-on-year increase of 33.32%. The company always adheres to the market strategy of parallel domestic and foreign sales, and provides richer products according to the different needs of different markets and customers. In terms of domestic sales, the company always adheres to high-quality and efficient customer service, responds quickly to customer needs and establishes a solid customer relationship. At the same time, in terms of customer structure, the company insists on deeply exploring and developing high-end customer market, accumulating and maintaining high-quality customers and optimizing customer structure. In terms of export sales, Wuhu Zhongyuan import and Export Co., Ltd., a wholly-owned subsidiary of the company, faced the severe market situation under the epidemic situation, actively overcome various difficulties, and achieved the export of 8024 tons of copper strip products, with a year-on-year increase of 85.25%.

Anhui Zhongyuan New Materials Co.Ltd(603527) said that in the next step, the company will quickly cut into the field of new energy around the development trend of new energy industry. It is reported that at the beginning of 2021, the company participated in Anhui Anwa New Energy Technology Co., Ltd., which mainly produces semi-solid batteries; In October 2021, the company invested and established Anhui Zhongyuan new energy technology Co., Ltd., which mainly produces metal structural parts of power batteries; The shareholders’ meeting on the construction of a new foil production line with an annual output of 20000 tons of batteries was held in March, and the proposal on the construction of a new foil production line with an annual output of 20000 tons of batteries was passed. In the field of new energy, the company has completed the industrial layout from participating battery manufacturers to battery structural parts manufacturing, and then to battery aluminum foil manufacturing, adjusted the original organizational structure of the company, and officially established a new energy center. The company will further deepen its efforts in the field of new energy, grasp new opportunities for the development of new energy industry, and create new profits and growth points for the company.

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