Anhui Greatwall Military Industry Co.Ltd(601606) 2021 net profit growth of 16% will strengthen and optimize the “two engines”

On April 7, Anhui Greatwall Military Industry Co.Ltd(601606) released the annual report for 2021. During the reporting period, the company achieved an operating revenue of 1.696 billion yuan, a year-on-year increase of 6.96%; The net profit attributable to shareholders of listed companies was 136 million yuan, a year-on-year increase of 16.32%.

It is reported that the company has five national high-tech enterprises, five provincial enterprise technology centers, two provincial engineering technology research centers, two postdoctoral research workstations and one equipment Technology Research Institute; It has “five bases”, namely mortar shell R & D and production base, individual rocket and anti tank missile R & D and production base, fuze sub ammunition R & D and production base, initiating explosive device and launching charge R & D and production base, and prestressed anchorage and rail transit parts R & D and production base. It has actively promoted the construction of multi-level cooperation and innovation system with well-known scientific research institutions and scientific research institutes, and has actively promoted the construction of multi-level R & D institutions, incentive system and management system with well-known scientific research institutes.

During the reporting period, the company’s military products revenue accounted for 72.69% of its main business revenue, which was in a leading position. Military products revenue includes mortar shells and photoelectric countermeasure series; Individual rocket and anti tank missile series; For bullet, fuse series and initiating explosive device series, the purchase of supporting parts and product sales pricing of the company are settled according to the approved price, and the product price is relatively stable. At the same time, the company’s revenue from civil products accounted for 27.31% of the main business revenue, mainly prestressed anchorage, accounting for 73.13% of the revenue from civil products. The products are mainly concentrated in the field of bridges, and customers are mainly concentrated in central enterprises and construction enterprises.

Anhui Greatwall Military Industry Co.Ltd(601606) said that in the next step, the company will seize the development opportunities of weapons and equipment in the new era, build a scientific research and innovation system of “small core and large cooperation”, and strengthen and improve the “two engines” of military and civil products research institute and Innovation Engineering Center; Gather talents from all parties, break through and master a number of core technologies in key fields, comprehensively improve the ability of independent innovation, promote the coordinated development of military and civilian products, and comprehensively improve the comprehensive strength of the company.

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