On March 30, Zhejiang Linuo Flow Control Technology Co.Ltd(300838) ( Zhejiang Linuo Flow Control Technology Co.Ltd(300838) ) issued the annual report for 2021. During the reporting period, the company achieved an operating revenue of 688 million yuan, a year-on-year increase of 46.53%, and a net profit of 852656 million yuan, a year-on-year increase of 37.34%. The company plans to distribute a cash dividend of 2.00 yuan (including tax) to all shareholders for every 10 shares.
Zhejiang Linuo Flow Control Technology Co.Ltd(300838) said that during the reporting period, the market demand for the company’s products continued to rise, benefiting from the transformation and upgrading of the manufacturing industry, the rapid development trend of intelligent manufacturing and emerging industries, as well as the development opportunities brought by the revision of the “double carbon goal” and the work safety law. At the same time, the company seized the market opportunities, took the initiative to give full play to its own advantages, continuously optimized products, and made every effort to seize the market, so that the company’s sales orders increased greatly.
It is understood that Zhejiang Linuo Flow Control Technology Co.Ltd(300838) is a leading provider of control valve system solutions in China. The company has a wide range of products, which can cover most working conditions and scenarios, and can provide customers with one-stop procurement. At the same time, relying on its strong R & D capability, the company can provide customers with customized products under different working conditions, and has formed a high market popularity in the Chinese market.
In 2021, Zhejiang Linuo Flow Control Technology Co.Ltd(300838) continued to consolidate the company’s core competitiveness, actively solved the application pain points of downstream customers, explored the R & D and application of new technologies, continued to strengthen the technical development of application products in downstream industries, and achieved a number of remarkable results. For example, in order to meet the working conditions of cold hydrogenation unit, rectification unit, reduction unit and tail gas recovery unit in polysilicon industry and the section of nitrogen conveying pulverized coal in coal chemical gasification unit, the company has improved the wear resistance, erosion resistance, corrosion resistance, dust prevention and high sealing performance of “automatic control shut-off valve” and has been well applied in practical working conditions; The “pneumatic eccentric rotary valve” developed by the company has been well applied in complex working conditions such as “high vacuum, high frequency action and large scouring of solid powder”.
At the same time, during the reporting period, Zhejiang Linuo Flow Control Technology Co.Ltd(300838) added 5 new R & D achievements, obtained the appraisal certificate of scientific and technological achievements, successfully approved the Wenzhou science and technology project “research and localization development of key technologies of high parameter multiphase conveying ball valve for large nickel ore hydrometallurgy plant”, and participated in the drafting of the group standard of low-temperature butterfly valve and the group standard of solenoid valve for industrial process control system issued by Zhejiang brand construction Federation.
Zhejiang Linuo Flow Control Technology Co.Ltd(300838) said that in order to seize the market in an all-round way, the company’s brand building and sales strategy go hand in hand. On the one hand, the company fully demonstrates its brand strength and increases its brand awareness through exhibitions, forums, new media and other platforms. On the other hand, the company improved its marketing system and adjusted its industrial layout policies. In terms of industry layout, the company attaches importance to the development of key customers and new customers. While continuously expanding the market share of advantageous industries (fine chemicals, pulp and paper, pharmaceutical intermediates, etc.), the company also strengthens the development of emerging industries, such as polysilicon, lithium battery and other new energy related industries.
Zhejiang Linuo Flow Control Technology Co.Ltd(300838) sales strategy has achieved remarkable results, especially in the chemical industry. In 2021, the company’s chemical sector achieved an operating revenue of 448 million yuan, accounting for 65.17% of the company’s total operating revenue, with a year-on-year increase of 51.26%. Including 838477 million yuan of operating income from new energy related industries such as lithium industry and polysilicon industry, accounting for 12.18% of the company’s total operating income.
Insiders said that the control valve is a key basic component of industrial automation, and it is also a necessary condition for the basic industry and its downstream applications to realize intelligence, networking and automation. The reliability and regulation accuracy of domestic control valves have been gradually improved, which has gradually narrowed the gap with the international advanced level, and the product structure has been moving forward to the middle and high-end. At the same time, domestic control valves have more advantages in cost performance and service response speed, prompting more and more customers to choose Chinese manufacturers Zhejiang Linuo Flow Control Technology Co.Ltd(300838) with its own advantages, it is expected to further increase its market share in the control valve industry.
Zhejiang Linuo Flow Control Technology Co.Ltd(300838) said in the annual report that it would expand the market, expand the industrial scale and promote the optimization and upgrading of the industry through “endogenous + epitaxial” two wheel drive, and make ” Zhejiang Linuo Flow Control Technology Co.Ltd(300838) ” one of the top brands in the field of fluid control at the end of the 14th five year plan.
