On March 29, Luyin Investment Group Co.Ltd(600784) ( Luyin Investment Group Co.Ltd(600784) ) released the annual report of 2021. During the reporting period, the company achieved an operating revenue of 3.02 billion yuan, a year-on-year increase of 18.9%; The net profit attributable to the parent company was RMB 229 million, with a year-on-year increase of 31.96%; The net profit attributable to the parent company after deduction was 125 million yuan, a year-on-year increase of 238594%; The basic earnings per share is 0.4 yuan. The company plans to distribute a cash dividend of 0.35 yuan (including tax) to all shareholders for every 10 shares.
The announcement said that during the reporting period, the company achieved an operating revenue of 3.02 billion yuan, an increase of 480 million yuan over the same period of last year, with a year-on-year increase of 18.90%, mainly due to the enhancement of the efficiency creation ability of the company’s two main businesses this year, the production and sales volume of main products salt products and steel powder showed an increasing trend, and the sales unit price of industrial salt, bromine and steel powder products increased significantly compared with the same period of last year. The net profit attributable to the parent company increased by 113 million yuan over the same period last year, with a year-on-year increase of 31.96%, mainly due to the improvement of the operating performance of the company’s two main businesses.
The company said that the company focused on the two main industries of salt industry and new materials, and took multiple measures to forge ahead. Adhering to the market orientation, the salt industry sector grasped the pulse of the market, made accurate efforts, continuously optimized the market layout inside and outside the province, enriched the marketing mode, and significantly improved the production and marketing level; Implement the extension of salt related industrial chain, successively set up salt cave energy storage and new energy companies, and promote the comprehensive and efficient utilization of salt cave resources and salt field resources. Strengthen the technical breakthrough of high-end products in the new material sector, and significantly improve the sales proportion and efficiency creation ability; Cooperate with powder making and upstream and downstream production of products, set up R & D companies (Industrial Technology Research Institute), create the development layout of “one institute and two bases”, and help further improve the comprehensive competitiveness of enterprises.
