On April 1, Suzhou Etron Technologies Co.Ltd(603380) released the annual report for 2021, disclosing the company’s performance in 2021 and the company’s future development plan. In 2021, the company achieved an operating revenue of 1.752 billion yuan, a year-on-year increase of 35.88%; The net profit was 227 million yuan, with a year-on-year increase of 37.33%. The company’s performance maintained rapid growth for three consecutive years. The revenue leaped from 1.027 billion yuan in 2019 and 1.289 billion yuan in 2020 to 1.752 billion yuan in 2021, and the three-year gross profit remained at about 27%.
In 2021, under the guidance of the business policy of “based on local and serving the world”, the company continued to establish and integrate the competitive advantage of the target market. In 2021, the company achieved an operating revenue of 1.752 billion yuan, a year-on-year increase of 35.88%; The net profit attributable to shareholders of listed companies was 227 million yuan, a year-on-year increase of 37.33%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 210 million yuan, with a year-on-year increase of 45.43%.
The company disclosed that the steady and rapid growth of business in 2021 was mainly due to the company’s adherence to and implementation of the business development strategy of “high-quality, multi variety, fast and flexible electronic manufacturing services”. In 2021, the number of high-quality customers and product types from global market segments continued to grow, especially the business of medical electronics and industrial control customers grew rapidly.
It is reported that Suzhou Etron Technologies Co.Ltd(603380) is an electronic manufacturing service provider mainly for global high-end customers. It focuses on five application fields: communication, industrial control, consumer electronics, medical electronics and automotive electronics. It can provide global customers with high-quality, multi variety, fast and flexible electronic manufacturing services. In 2021, the company successively expanded its strategic layout, successively expanded big data, 5g Internet, automatic driving, Cecep Solar Energy Co.Ltd(000591) and new energy business of wind energy, and developed a number of potential new customers, laying a foundation for subsequent rapid development.
As a professional electronic manufacturing service provider, Suzhou Etron Technologies Co.Ltd(603380) all kinds of electronic products are customized according to customer requirements, belonging to the order production and operation mode. In terms of business model, Suzhou Etron Technologies Co.Ltd(603380) mainly provides four business models: R & D and design mode, procurement mode, production mode and sales mode. At present, the company has a R & D team of more than 250 people, which can provide customers with four types of services: new product design, product update design, alternative design of product devices and involvement in the early R & D stage of customers according to the changes of customers’ direct demand or market demand. At the same time, the company also provides customers with professional electronic manufacturing services. The main raw materials are IC integrated circuits, PCBs, mechanism parts and other electronic components.
According to the annual report, the company has been deeply engaged in the global electronic manufacturing market, has long adhered to refined supply chain management, fully transparent quality management, efficient and flexible production management and customized R & D, and achieved the company’s purpose and served customers wholeheartedly through platform resource integration, whole process cost control and advanced information management. At present, the company’s main customers are leading brands in various subdivided industries, and the supply chain cooperation is constantly consolidated and deepened. In the future, the company will also carry out customer development through a variety of market development methods and establish long-term and stable strategic cooperative relations with more customers. (Zhong Qian)
