Shantui Construction Machinery Co.Ltd(000680)
Annual work report of the board of directors in 2021
1、 Review of the company's operation in 2021
1. Overall operation of the company during the reporting period
In 2021, the construction machinery industry will maintain a high-level operation trend on the basis of the rapid growth of the previous year under the macro environment of stable operation of the national economy. Under the guidance of the company's development strategy, the company actively grasped the market opportunities, and the production and sales of products increased significantly year-on-year, driving the overall increase of the company's performance. During the reporting period, the company achieved an operating revenue of 9159943 million yuan, an increase of 29.05% over the same period last year; The net profit attributable to the owners of the parent company was 2094749 million yuan, an increase of 107.91% over the same period last year; The net cash flow from operating activities was 4265114 million yuan, a decrease of 36.02% over the same period last year.
2. Main business income of the company during the reporting period
(1) During the reporting period, the main business income of the company was mainly construction machinery host and accessories, and the income composition was as follows:
Main operating income of the project (yuan) main operating cost (yuan) gross profit margin (%)
Sales of industrial products 753882989506635123906300 15.75
Sales of commercial products 5454038009653220564939 2.42
Sub products: 1. Construction machinery host 5633566201467911238325 17.28
2. Construction machinery accessories 24278903401220433232914 9.21
And others
(2) During the reporting period, the main business income is listed as follows by Region:
Region name main business income (yuan) main business cost (yuan) gross profit margin (%)
China area 867401308226760271700903 12.35
Foreign area 228445606181214724665957 6.01
Internal offset amount -287423544805 -286651895621 0.27
3. Main subsidiaries and joint stock companies
Unit: 10000 yuan
Preface company name legal person company's main products or services shareholding ratio registered capital total assets net assets operating income net profit No. representative type industry (%)
1 the structural parts of Shandong Shantui construction machinery include the working machinery of hydraulic excavator and loader manufactured by weixiangsheng subsidiary 75
Limited company and accessories 42 Sansteel Minguang Co.Ltd.Fujian(002110) 13111248664943701212566157174
2 Shandong Shantui construction machinery import and Export Co., Ltd. has a subsidiary of Zhangmin. There are 100 electromechanical products and parts, complete sets of electromechanical equipment in the commercial industry
Import and export business prepared by the company 40 Yihua Healthcare Co.Ltd(000150) 61657150723228120158118193112566
"Four wheels" (support) supporting the main engine of construction machinery
3 manufacturing industry of zhulaisuo subsidiary of shandongshan tuyatuo Machinery Co., Ltd. (heavy wheel, supporting wheel, guide wheel and driving wheel) 752000322156318515436824983 82.84 93.22 and tensioning device
Concrete mixer truck, pump truck, pump
4. Manufacturing construction, hoisting, cleaning and waste disposal of sun Jiali subsidiary of Shantui Jianyou Machinery Co., Ltd., indirect 512341876937956047121595848707 -323.63 -301.01 movable metal buildings
5 Shantui Chutian Construction Machinery Co., Ltd. sun nianyou's subsidiary manufacturing mixer truck, drag pump, boom pump truck, direct 24.475
Indirect mixing plant 68.655 Tunghsu Azure Renewable Energy Co.Ltd(000040) 507.67 -3787973201984 -708.65 -728.53
6 xiaosongshantui Construction Machinery Co., Ltd. Zhang Quanwang shares in manufacturing hydraulic excavators and other construction machinery and parts 30
Company parts and provide after-sales service $21 Shenzhen Feima International Supply Chain Co.Ltd(002210) 35241438776528509237133036 345.76
Handle financial and financing consulting for member units
Q. credit assurance and related consultation and agency
7. Shandong heavy industry group finance Co., Ltd. Shen Chuandong shares in financial management business; Assist member units to realize transaction 12.50
Receipt and payment of the company's service payment; Handle 16 Shenzhen Centralcon Investment Holding Co.Ltd(000042) 684604232851905631577656516424238349 entrusted loans between member units; Handling tickets for member units
Acceptance and discount, etc
2、 Core competitiveness analysis
The company has always been committed to building an international first-class brand of construction machinery. Under the core value of "customer satisfaction is our purpose", relying on brand advantages, product advantages, cultural advantages and strong group support advantages, the company has strong competitiveness in the industry. In addition, the company has a stable core management team with rich management experience, which makes the company have strong comprehensive competitive strength and advantages in the industry.
1. Brand advantage
The brand value of the company has always maintained the leading level in the same industry in China. At present, the company has become one of the top 50 Shaanxi Construction Machinery Co.Ltd(600984) manufacturers in the world, the top 500 Chinese enterprises, the top 100 enterprises in China's machinery industry, and the national "first-class" safety and quality standardization enterprise. The company's brand is "the export brand recommended by the chamber of Commerce for mechanical and electrical industry". As one of the leading enterprises in national industry, "Shantui" bulldozer leads China's bulldozer industry with obvious advantages. China's market share has always maintained more than 60% for many consecutive years. The sales volume, working conditions and working hours of the electric loader industry are far ahead. The intelligent construction solutions cover ten working conditions, and the technical ability leads the development of the industry. In 2021, under the core values of "customer satisfaction is our aim", we took the wisdom mountain to make construction simpler, and used various new media and professional media channels such as jitter, video frequency, etc. to carry out various thematic marketing and service activities, so as to enhance the competitiveness of our tiktok brand. Especially in the field of new energy and smart construction, the brand influence has been further strengthened. At the same time, the company's "Shantui" trademark was recognized as a well-known trademark by the State Intellectual Property Office, which further improved the brand value, increased the protection of the company's trademark rights and interests, and enabled the company to obtain a stronger competitive advantage in the fierce competitive market. The company won the best product promotion award of "top ten marketing events of China's construction machinery in 2021" and "top 100 enterprises of China's machinery industry" in the construction machinery industry, and was listed in the list of "high-end brand cultivation enterprises in Shandong Province in 2021". Sd90-c5 high-power bulldozer won the "golden finger Award", the highest award in the industry, "Shantui smart pavement construction equipment solution" won the honorary title of "China Construction Machinery star product intelligent equipment Award" at the brand event, "four wheel belt", transmission and other core components won the top 50 high-quality suppliers of global construction machinery parts and components and the top 10 of walking devices. Shantui 5g remote control bulldozer shines at the 2021 China 5g + industrial Internet Conference, further highlighting the company's brand position and influence in the industry and shaping the world-class brand image of construction machinery.
2. Product advantages
The company is committed to the construction of road pavers and pavers, and is committed to creating more value for customers as the manufacturer of road pavers and pavers.
Bulldozer products have improved in terms of comfort, intelligence and handling. The products have got rid of homogenization. The technology is at the leading level in China and the international advanced level, and the functional configuration is rich. The overall comfort and adaptability of the high-power C5 platform bulldozer are improved. Through the adoption of technical measures such as the national fourth booster cab, composite floor frame and low-temperature control strategy, the driving comfort is comprehensively superior to other similar products in the industry and reaches the international leading level. The full hydraulic bulldozer actively promotes the focus intelligence, completes the design, manufacture and sales of auxiliary construction products and remote-control bulldozer products.
In terms of roller, develop C6 platform, create cost-effective products, meet the market, and actively promote the development of C6 single steel wheel roller with new appearance. The listing of C6 roller makes the mountain roller have strong competitive highlights in terms of appearance, use economy, driving comfort, maintenance convenience and intelligence, and is affirmed by users in terms of compaction quality, compaction efficiency and control. It has great advantages in exciting force, single handle logic control, flexible start and stop, accurate compaction control, maintenance convenience and reduced maintenance cost.
The new appearance of the grader has been upgraded, the handling comfort and intelligent control have been improved, the development of national four emission products and overseas products have been completed, and the driving comfort, structural reliability and appearance modeling of Chinese and foreign products have been comprehensively upgraded. Speed up the strengthening verification of mining graders, improve the performance and quality of key components, and realize the official sales in China.
The paver is upgraded with hydraulic telescopic screed, single vibration, eccentric vibration and electric heating, and the theoretical productivity is greatly improved. Upgrade the structure of the expansion sector to improve the quality and reliability, and improve the quality and reduce the cost by adopting technical upgrading and structural optimization such as high-pressure plunger closed vibration system, integrated electric control cabinet + dual controller.
The milling machine products have completed the iterative upgrading of complex control procedures, and through the continuous optimization of process, the quality of parts and the consistency of products have been improved. The pressure holding test is newly designed, and the one key operation and energy-saving control system are developed to improve the product intelligence and energy-saving level, so as to make the use of customers more economical and meet the needs of users under different working conditions.
The loader products can independently develop the whole machine control program, master the whole machine control strategy of the pure electric loader, overcome the core technology of a series of new energy product development such as the motor forward and reverse control strategy, and complete the trial production of two electric loaders, so as to make technical reserves for the improvement of the performance of the pure electric loader and the development of new energy products.
3. Cultural advantages
The company incorporated the construction of corporate culture into the overall plan of enterprise reform and development in the new era, designed synchronously with the formulation and implementation of enterprise strategy, formulated plans on the development objectives, methods, principles, main contents and organizational promotion of corporate culture construction from the strategic level, and established the core values of "customer satisfaction is our purpose" A relatively complete set of corporate culture management system focusing on the core cultural concept of "responsibility innovation, communication and inclusiveness". Implant characteristic passion culture, let passion culture penetrate into all employees of Shantui, and use soft power to help the company transform and adjust structure and achieve high-quality development. In 2021, the company won the top 30 in the "13th five year plan" research work of the national machinery industry, the top 50 in the "13th five year plan" Ideological and political work of the national machinery industry, and the "13th five year plan" Ideological and cultural construction of the national machinery industry“
