On March 29, Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) ( Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) ) disclosed the 2021 annual report. During the reporting period, the company realized an operating revenue of 2.606 billion yuan, an increase of 26.07% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 146 million yuan, an increase of 35.94% over the same period last year. At the end of the reporting period, the total assets of the company were 4.219 billion yuan, an increase of 7.24% over the end of the previous year; The net assets attributable to shareholders of listed companies were 1.62 billion yuan, an increase of 12.81% over the same period last year. In this regard, Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) said in the annual report that the main reason is that the macro economy is gradually improving, the market demand is relatively strong, and the sales of initiating explosive devices, bulk commodities and blasting services are showing a significant growth trend.
According to the data, during the reporting period, Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) took the civil explosion business as the main business, accelerated the construction of the industrial layout of new energy and chemical materials in accordance with the strategic plan, and actively created a two wheel drive of “chemical industry + energy”. Specifically, the company’s capacity utilization rate of industrial explosives exceeded 90%, the sales volume increased by 12% year-on-year, the sales volume of digital electronic detonators increased by 52% year-on-year, and the construction volume of blasting works completed 269 million cubic meters, a year-on-year increase of 25.18%, successfully completing the annual production and operation plan. Sales of natural gas comprehensive utilization and safety reserve peak shaving project lng1480000 tons, bringing new revenue and profit growth points to the company.
Data show that Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) lng business is concentrated in Shaya Fenghe Energy Co., Ltd. during the reporting period, the company generated a net profit of 143595 million yuan. In 2022, the company plans to continue to strengthen the scale of LNG business and plan to produce and sell lng1050000 tons.
During the reporting period, combined with the guiding direction of the “14th five year plan” safety development plan of the civil explosive industry, the company adhered to the combination of optimizing production capacity and promoting product structure adjustment, and the combination of industrial transformation, optimization and upgrading. According to the work deployment of the comprehensive promotion and application of digital electronic detonators in the industry, the production capacity of digital electronic detonators was increased by 7.4 million through energy replacement. An on-site mixed emulsion matrix ground station with an annual output of 26500 tons has been built, and the scale and intensive level of mixed explosives have been significantly improved. Focusing on the company’s “14th five year plan” development plan, the safety reserve peak shaving project (phase I) with an annual output of 120000 tons of LNG has been successfully tested at one time, which marks the substantive progress of the company’s transformation and development, and is also an important stage of the company’s road to China’s first-class new energy and chemical enterprise group.
Technology is also an essential driving force on the road of transformation, especially in scientific and technological innovation. During the reporting period, the company completed the establishment of autonomous region level post doctoral research workstation, established a digital electronic detonator chip research and development company, established a new material research and development laboratory, and joined the technological innovation and industrial innovation alliance of new special fine chemicals of Chinese Academy of Sciences. The phase I and phase II projects of “comprehensive intelligent supervision platform for mine safety production” have been put into trial operation. During the year, it won the honors of “national top 100 quality inspection integrity benchmarking enterprise” and “national quality integrity benchmarking enterprise”. In the whole year, 24 scientific and technological patents were applied, including 4 invention patents, 17 utility model patents, 3 appearance patents and 3 software copyrights.
It is worth mentioning that Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) as a representative of state-owned listed enterprises in the autonomous region, compared with the reform plan of the “scientific reform demonstration action” and combined with the three-year action work deployment of state-owned enterprise reform, on the basis of the existing reform plan and tasks, the company further improved the working mechanism, itemized the work measures one by one, compacted the reform responsibilities step by step, made the tasks project, project list and list specific, and the completion rate of reform tasks reached more than 80%, 66 middle-level and above management cadres signed the letter of responsibility for annual business objectives, one professor of the Chinese Academy of sciences joined the company and five masters joined the company.
