China Railway Construction Heavy Industry Corporation Limited(688425) 3 disclosed the annual report of 2021 on March 30. The company achieved an operating revenue of 9.517 billion yuan in 2021, with a year-on-year increase of 25.05%; The net profit attributable to shareholders of listed companies was 1.735 billion yuan, a year-on-year increase of 10.74%. The company plans to distribute a cash dividend of 0.98 yuan (including tax) to all shareholders for every 10 shares.
During the reporting period, China Railway Construction Heavy Industry Corporation Limited(688425) traditional sector developed steadily. From the perspective of main business income, in 2021, the company’s tunnel boring machine products achieved an operating income of 4.698 billion yuan, an increase of 27.74% over the same period of last year; The operating income of special professional equipment products was 2.156 billion yuan, an increase of 35.76% over the same period of last year; The operating revenue of rail transit equipment products was 2.593 billion yuan, an increase of 12.82% over the same period of last year.
Among them, in the field of shield machine, the limit size shield technology has made continuous progress, successfully developed the domestic maximum diameter earth pressure balance shield machine, successively produced 14m and 15m super diameter slurry balance shield machines, and successfully developed the domestic minimum diameter earth pressure and slurry balance shield machine to increase the shield model spectrum.
In the field of track equipment, the number of new product development of turnout reached a new high, an increase of 57% compared with the same period last year. According to the introduction, in December 2021, the old fellow railway was officially opened to traffic, and more than half of the Turnouts on the main line were from China Railway Construction Heavy Industry Corporation Limited(688425) .
Meanwhile, during the reporting period, the company made breakthroughs in emerging industries. Specifically, in terms of special equipment, it has created three mine equipment product lines of “underground mining equipment, cold excavation equipment and open-pit mining equipment”, and developed China’s first complete set of High Roadway rapid excavation anchor equipment, integrated equipment of thin coal seam excavation anchor machine, energy-saving rapid excavation anchor and other products. The operating revenue of mining equipment industry in 2021 was 392 million yuan, a year-on-year increase of 141.37%.
In terms of green building materials and equipment, breakthroughs have been made in new products and technologies such as hydraulic cone crusher, jaw crusher, vibrating feeder and sand making machine. The agricultural machinery sector has developed the first 6m cutting silage machine and cotton picking and packaging machine in China, and the market share of six row cotton pickers ranks first among domestic cotton pickers. The new composite industry has achieved breakthroughs in many application fields such as urban rail transit and municipal construction projects.
In addition, China Railway Construction Heavy Industry Corporation Limited(688425) has fully completed overseas service, operation and channel layout. Overseas business sales have achieved 15 kinds of products, including Hard Rock TBM, earth mud shield machine and rock drilling jumbo, breaking through the markets of Singapore, Italy, Saudi Arabia, Tanzania, Ethiopia and Sierra Leone.
It is worth mentioning that China Railway Construction Heavy Industry Corporation Limited(688425) achieved fruitful research and development results during the reporting period. During the reporting period, the company added 346 authorized patents, with a cumulative total of 1554 patents. Among them, the invention patent “open TBM” won the Chinese Patent Gold Award, the achievement “independent development and industrialized application of tunnel construction intelligent operation machine group” won the special prize for scientific and technological progress of China’s machinery industry, and the full face TBM passed the re examination of the national single champion product of manufacturing industry.
In 2022, China Railway Construction Heavy Industry Corporation Limited(688425) the business plan target is to achieve an operating revenue of 11.1 billion yuan, and the gross profit margin is no less than that in 2021.
