On March 30, Metallurgical Corporation Of China Ltd(601618) held a 2021 performance presentation, which was broadcast live on the CSI Taurus app. In 2021, the company achieved an operating revenue of 500572 billion yuan, a year-on-year increase of 25.11%; The net profit attributable to the parent company was 8.375 billion yuan, a year-on-year increase of 6.52%. In 2021, the newly signed metallurgical engineering contract amount was 157.8 billion yuan, an increase of 10% year-on-year, reaching a new record. According to the company’s management, during the reporting period, it won the bid for many major metallurgical projects, such as Hegang, Yukun iron and steel, Indonesia Dexin iron and steel, Shenglong industrial upgrading and technological transformation, Zhongtian green high-quality steel and so on.
In 2021, Metallurgical Corporation Of China Ltd(601618) completed the newly signed project contract amount of RMB 116766 billion, with a year-on-year increase of 18.61%; Among them, the newly signed metallurgical engineering contract amount was 157794 billion yuan, a year-on-year increase of 10.04%, accounting for 13.59% of the newly signed engineering contract amount.
In terms of intellectualization of metallurgical construction, the company’s intelligent manufacturing three integrated solution architecture based on industrial Internet platform continues to expand; In terms of green metallurgical construction, the company focuses on accelerating the deployment of long and short process low-carbon smelting related technologies, and quickly build and develop MCC low-carbon technology research institute.
According to the company’s management, the company is committed to intelligent, green, low-carbon and efficient construction. By 2022, technologies such as high oxygen enrichment, high air temperature, centralized energy control, metal material addition, optimized combustion, waste heat recovery and utilization, and solid waste recovery and utilization should be widely used. By 2025, take hydrogen metallurgy as the main line to carry out process reengineering in the iron and steel industry, break through the long-process low-carbon metallurgical technologies such as hydrogen rich sintering, all hydrogen pellet, hydrogen rich blast furnace ironmaking and all oxygen blast furnace, and realize carbon reduction. In addition, the company will establish four low-carbon technology research institutes and a carbon emission assessment and recognition center.
