Continue to consolidate the foundation of hydropower business and actively explore new energy investment opportunities; Accelerate the layout of pension industry; The upstream and downstream industrial chain of sand and gravel was extended in an orderly manner. A series of measures of “seeking progress while maintaining stability” accelerated the development of Hunan Development Group Co.Ltd(000722) and the company’s performance in 2021 achieved overall high growth. On March 30, Hunan Development Group Co.Ltd(000722) disclosed the annual report of 2021. During the reporting period, the three major industries of clean energy, medical care and health and natural resources all achieved varying degrees of growth, and the company’s operating revenue exceeded 478 million yuan, a five-year high, with a year-on-year increase of 53.88%; The net profit was 120 million yuan, a year-on-year increase of 22.32%; The basic earnings per share was 0.26 yuan, a year-on-year increase of 23.81%.
In addition, Hunan Development Group Co.Ltd(000722) also disclosed the profit distribution plan for 2021: it is proposed to distribute a cash dividend of RMB 1.00 (including tax) for every 10 shares to all shareholders based on 464 million shares. This is the sixth consecutive year for Hunan Development Group Co.Ltd(000722) since 2016.
Clean energy is the first main business of Hunan Development Group Co.Ltd(000722) . In 2021, Hunan Development Group Co.Ltd(000722) took Hunan Development Group Co.Ltd(000722) hydropower company as the platform to operate and manage Zhuzhou avionics and Niaodao hydropower stations in Hunan. Last year, 783.35 million kwh of power generation was completed and 770.18 million kwh of on grid power was realized, an increase compared with the same period in 2020. In 2021, the company’s clean energy business segment achieved a total operating revenue of 196 million yuan, a year-on-year increase of 0.83%, and the gross profit margin was maintained at 52.36%, providing stable cash flow support for the company.
It is worth noting that in February this year, Hunan Development Group Co.Ltd(000722) newly established a wholly-owned subsidiary Hunan Development Group Co.Ltd(000722) Zhuhang new energy, and signed the cooperation contract for roof distributed photovoltaic project in Nanzhou industrial park with Zhuzhou Lukou Economic Development Zone Industrial Development Group Co., Ltd. to enter the photovoltaic industry. The total installed capacity of the project is planned to be 4.45 MW, and it is expected to be fully connected to the grid for power generation within this year. This may be just the beginning. The annual report revealed that in the next step, Hunan Development Group Co.Ltd(000722) will also focus on seeking investment opportunities in other new energy businesses.
Since 2013, Hunan Development Group Co.Ltd(000722) chose medical care and health as the second main business of the company. The company mainly takes Hunan Development Group Co.Ltd(000722) elderly care company as the platform. In 2021, 20 community home-based elderly care service centers with contracted service places will be added and 13 will be put into operation. By the end of the year, the company had signed 66 community home-based elderly care service centers equipped with service places and optimized the operation of 58 community home-based elderly care service centers. During the reporting period, the medical care and health business segment increased by more than 20% year-on-year.
At the same time, Hunan Development Group Co.Ltd(000722) actively expand innovation and set up a new subsidiary Hunan carnation Elderly Care Research Institute Co., Ltd. with Carnation company, a well-known medical and nursing industry group in Hunan. It plans to carry out elderly care, elderly care research and elderly care training around institutional elderly care. With the steady progress of the construction of carnation Nursing Research Institute, institutional elderly care, as a “complementary” sector of home-based elderly care business, is expected to release synergy in the future and help Hunan Development Group Co.Ltd(000722) build a medium and high-end elderly care brand. Last July, Hunan Development Group Co.Ltd(000722) also successfully revitalized the Chunhua health agricultural tourism town project with a total investment of 4 billion yuan by optimizing the equity structure of Hunan Development Group Co.Ltd(000722) Chunhua, an associated company. It is understood that Hunan Development Group Co.Ltd(000722) has been planning chunhuakang agricultural tourism town project for a long time. The overall planning and land use arrangement of the project made a breakthrough last year and is expected to become an important starting point of Hunan Development Group Co.Ltd(000722) in the field of medical care and health after its official launch.
Hunan Development Group Co.Ltd(000722) 2020 cut into a new business segment – natural resources through sand and stone sales. Last year, the company continued to actively expand procurement channels, improve market sales share, and realize steady operation of sand and gravel sales business. In 2021, the company Hunan Development Group Co.Ltd(000722) sold about 7.62 million tons of river sand and pebbles, and the natural resources sector achieved an operating revenue of 269 million yuan, a rapid increase of 141.90% over the same period of last year, laying a solid foundation for the growth of the company’s profitability. At present, Hunan Development Group Co.Ltd(000722) based on sand and stone sales, actively improve the upstream and downstream industrial chain. Last year, the listed company established a new subsidiary Hunan Development Group Co.Ltd(000722) qionghu building materials and an associated company Hunan Development Group Co.Ltd(000722) qionghu sand and gravel distribution center to carry out machine-made sand processing and production business and sand and gravel distribution center business respectively, which is expected to be put into operation within the year. After the new project is fully completed, the natural resources sector will become another profit growth point of Hunan Development Group Co.Ltd(000722) and provide important support for the rapid rise of the company’s performance.
For the future industrial layout, Hunan Development Group Co.Ltd(000722) president Liu Zhigang said that during the “14th five year plan” period, the company will “take clean energy as the basis, medical care and health as the direction, natural resources as the support and equity investment as the supplement”, three main businesses, four sectors and four teams, with realizing the high-quality development of the company as the main line of work, build a listed enterprise focusing on health and green industries.
