Securities code: Milkyway Chemical Supply Chain Service Co.Ltd(603713) securities abbreviation: Milkyway Chemical Supply Chain Service Co.Ltd(603713) Announcement No.: 2022056 Milkyway Chemical Supply Chain Service Co.Ltd(603713)
Announcement on investor reception
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Investor research
Milkyway Chemical Supply Chain Service Co.Ltd(603713) (hereinafter referred to as “the company” or ” Milkyway Chemical Supply Chain Service Co.Ltd(603713) “) held an online investor communication meeting on Milkyway Chemical Supply Chain Service Co.Ltd(603713) 2021 annual report on March 25, 2022. Ms. Miao Leimin, deputy general manager and chief financial officer of the company, and Mr. Shi Xu, Secretary of the board of directors attended the communication meeting and replied to the questions raised by investors.
2、 Main questions and replies
Question 1: can you introduce the latest management structure and six business segments of the company?
Reply of the company: Although there are obvious adjustments and changes compared with the past, the overall basis for the division of business segments of the company is still the nature of business. The original freight forwarding sector is now divided into MGF (global freight forwarding business) and MTT (global shipping and tank container); The original warehouse sector is now MRW (regional warehouse distribution integration); The original transportation sector is now MRT (regional trade delivery); The original trading sector is now MCD (different distribution); The new business segment is MPC (global engineering logistics and dry bulk cargo). Subsequently, the company will constantly adjust and update the division of business segments according to the new business.
Question 2: what is the current business expansion of the company’s second growth curve, such as engineering logistics and international express transportation?
Reply of the company: clean energy business is the second growth curve of the company. MPC has been in business since the second half of last year, and there will be a large growth space this year.
Question 3: what kind of development may the business empowerment effect of the company’s “material and trade integration” business idea bring to the company this year?
Company reply: the company’s distribution sector and logistics sector are usually linked. The distribution business itself can bring a variety of value-added services, and the modes of “material trade integration” and “warehouse distribution integration” can also give full play to the company’s transportation and warehousing service capacity, and meet the distribution needs of some customers in the logistics sector at the same time. Question 4: what is the company’s performance outlook for the warehousing sector this year?
Company reply: affected by the epidemic, the turnover rate of the company’s storage sector slowed down in the first half of 2021. Since the third quarter, the company has improved the service capacity and scope of the storage sector by optimizing the customer structure and technical transformation of the warehouse. By the fourth quarter, the profitability of the storage sector has basically recovered. This year, the company will continue to invest in the storage sector and expand the delivery volume of the warehouse.
Question 5: what is the impact of the rise in oil prices on the company?
Company reply: the increase in oil price mainly affects the company’s road transportation costs. At present, the company’s response measure is to adjust the linkage mechanism of oil price and freight rate with customers, flexibly control the freight rate according to the fluctuation range of oil price, and effectively control the transportation cost on the premise of maintaining high customer satisfaction.
Question 6: what is the impact of the current epidemic in Shanghai on the company’s business?
Company reply: at present, the company actively adopts response policies, and its front-line operation ability has hardly been affected; However, the cross regional goods circulation is limited to a certain extent due to the epidemic, which is mainly concentrated in the road transportation and storage sectors.
The company’s current operation is normal, and the outbreak of regional epidemic in China has not had a substantial impact on the company’s operation. In 2022, Milkyway Chemical Supply Chain Service Co.Ltd(603713) will continue to improve business service capability, consolidate and optimize customer structure, and constantly explore new fields, achieve sustainable development and bring return on investment to the company’s shareholders. At the same time, remind investors to pay attention to investment risks.
It is hereby announced.
Milkyway Chemical Supply Chain Service Co.Ltd(603713) board of directors March 28, 2022
