Sichuan Furong Technology Co.Ltd(603327) 3 on the evening of March 29, the annual report of 2021 was released. In 2021, the company achieved an operating revenue of 1.931 billion yuan, a year-on-year increase of 16.71%; The net profit attributable to the shareholders of the listed company was 293 million yuan, a year-on-year decrease of 7.70%; The basic earnings per share is 0.73 yuan. The company plans to distribute cash dividends of 4.20 yuan (including tax) to all shareholders for every 10 shares, and increase 3 shares with capital reserve.
For the growth of operating income, the company said that it was mainly due to the rise of the base price of aluminum ingots, which increased the main operating income.
According to the annual report, in 2021, the company seized the market opportunity that the demand for flat panel remained strong and consumption gradually recovered to stimulate the growth of users’ demand for mobile phones. On the basis of consolidating the market stock orders, the company successfully undertook the orders for 7-series aluminum alloy flat panel and 7-series aluminum alloy folding screen mobile phone materials. Throughout the year, the total shipments of high-end it materials such as 7-series aluminum alloy mobile phones and tablets increased significantly, providing a new driving force for the company’s performance growth.
Sichuan Furong Technology Co.Ltd(603327) is the first manufacturer in China to develop and use aviation grade 7-series aluminum alloy materials in mobile phones and tablet products. So far, it has successfully developed and mass produced a number of 7-series aluminum alloys. After years of technology accumulation, the company has become one of the few manufacturers in China who have the ability to develop, produce and supply 7-series anodizable consumer electronics aluminum profiles, and is also the manufacturer with the most stable material quality of 7-series aluminum structural parts.
In the business plan, Sichuan Furong Technology Co.Ltd(603327) said that in 2022, the company will carry out scientific and technological innovation, break through the bottleneck of new material research and development, focus on market demand, strengthen new product research and development, deeply implement intelligent manufacturing, continue to carry out whole process cost reduction and efficiency increase, strive to create more performance growth points, and gradually form a development pattern dominated by it structural parts and other consumer electronic materials.
