On the evening of April 11, Shandong Jinjing Science And Technology Stock Co.Ltd(600586) disclosed the annual report of 2021: the operating revenue was 6.922 billion yuan, an increase of 41.72% year-on-year; The net profit attributable to shareholders of listed companies was 1.307 billion yuan, a year-on-year increase of 295.10%; The net profit attributable to the parent company after deduction was 1.202 billion yuan, a year-on-year increase of 365.41%. At the same time, the company said that in order to cultivate new profit growth points, it will continue to increase the field of photovoltaic and building energy conservation in 2022.
In terms of sectors, the glass sector achieved a business income of 4.899 billion yuan and a net profit of 1.090 billion yuan, while the soda ash sector achieved a business income of 2.767 billion yuan and a net profit of 283 million yuan Shandong Jinjing Science And Technology Stock Co.Ltd(600586) glass products mainly cover the original glass and Low-E energy-saving glass and other sub varieties. There are many customers in the high-end construction field, industrial products industry, automobile industry, mirror industry and other industries. At the same time, they actively expand the building photovoltaic integration (BIPV), industrial products and other emerging markets. The company’s technical glass products achieved an operating revenue of 2.006 billion yuan, a year-on-year increase of 65.72%; The gross profit margin is 46.87%. Float glass products achieved an operating revenue of 2.279 billion yuan, a year-on-year increase of 56.55%; The gross profit margin was 40.44%, with a year-on-year increase of 19.83 percentage points. As an important raw material of glass, the company’s soda ash products are sold outside of meeting their own needs. In 2021, the comprehensive gross profit margin of soda ash, baking soda and other chemical products was 18.25%, with a year-on-year increase of 3.83 percentage points.
With the official implementation of the new version of general code for building energy conservation and renewable energy utilization on April 1, the building energy-saving materials and building photovoltaic industry have entered the fast lane of development. In order to maintain the continuous growth of the company’s performance, the company continues to develop new products, increase production capacity and increase layout in the field of building energy conservation and photovoltaic.
In terms of green buildings, the company has developed d68 neutral gray double silver products, low transmittance sunshade type steel three silver products, high transmittance and ultra-low radiation single silver glass in the field of cold chain, etc. The company invested 350 million yuan to build a high-end Low-E coated energy-saving glass project with an annual output of 10 million square meters (phase I), which is expected to be put into operation in the middle of 2022.
In the photovoltaic field, Shandong Jinjing Science And Technology Stock Co.Ltd(600586) is a rare enterprise in the world that has mastered the special technology of two kinds of panel glass: thin film Cecep Solar Energy Co.Ltd(000591) battery and crystalline silicon battery. In 2021, the company completed the research and development of ultra white TCO coated glass substrate, and successfully developed 3.2mm and 2.65mm ultra white TCO conductive glass on the basis of high transmittance substrate. The performance of the product has been recognized by customers at home and abroad, It has become an upstream supplier of international well-known thin-film photovoltaic module manufacturers and has the ability to supply the market in batches. The first batch of 600t / D light photovoltaic panel production line in Ningxia passed the inspection of Longji in the first quarter of this year; Malaysia Jinjing’s 500t / D thin-film photovoltaic module backplane glass production line has been ignited and put into trial production, and the products have been successfully offline. The panel production line is expected to be put into production and operation this year.
Shandong Jinjing Science And Technology Stock Co.Ltd(600586) said that in the future, it will rely on the cohesive development in the field of new green energy materials and new green building materials, and become the practitioner of China’s “double carbon” strategy and the leader of green development in the future.
