Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) : in 2021, the revenue increased by 26.07% year-on-year, and the profit achieved positive growth for five consecutive years

Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) 3 issued the annual report of 2021 on March 30. During the reporting period, the company achieved an operating revenue of 2.606 billion yuan, an increase of 26.07% over the same period of last 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.

Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) taking the civil explosion business as the main business, according to the strategic plan, the company will accelerate the construction of the industrial layout of new energy and chemical materials in 2021 and actively build a “chemical + energy” two wheel drive.

Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) said that the operating revenue increased by 26.07% in 2021, mainly due to the gradual improvement of macro economy and strong market demand. The sales of initiating explosive devices, bulk commodities and blasting services showed a significant growth trend. At the same time, in 2021, the company coordinated production and operation, project construction and epidemic prevention and control. At the beginning of the 14th five year plan, the company resonated with the same frequency in transformation and development, and the main indicators reached a record high. It is mainly reflected in: the capacity utilization rate of industrial explosives has exceeded 90%, the sales volume has increased by 12% year-on-year, the sales volume of digital electronic detonators has increased by 52% year-on-year, the construction volume of blasting works has completed 269 million m3, with a year-on-year increase of 25.18%, and the annual production and operation plan has been successfully completed. The annual key investment projects added 14800 tons of LNG sales. During the reporting period, the company achieved a total profit of 248 million yuan, a year-on-year increase of 25.93%, showing positive growth for five consecutive years.

Combined with the guiding direction of the “14th five year plan” for the safety development of the civil explosive industry, the company adheres to the combination of optimizing production capacity and promoting the adjustment of product structure, and the combination of industrial transformation, optimization and upgrading. According to the work deployment of comprehensively promoting the application of digital electronic detonators in the industry, the production capacity of digital electronic detonators has been increased by 7.4 million through capacity 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 was successfully commissioned at one time, marking the substantive progress of the company’s transformation and development.

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”. 24 scientific and technological patents were declared throughout the year, including 4 invention patents, 17 utility model patents, 3 appearance patents and 3 software copyrights.

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