Zhejiang Yinlun Machinery Co.Ltd(002126) 414 released the annual report for 2021, and the company achieved an operating revenue of 7816415900 yuan, an increase of 23.60% year-on-year; The net profit attributable to shareholders of listed companies was 2203743 million yuan, a year-on-year decrease of 31.47%. Among them, the provision for impairment of goodwill has an impact of 254434 million yuan and the provision for share based payment has an impact of 208557 million yuan.
Zhejiang Yinlun Machinery Co.Ltd(002126) main business focuses on the research and development, production and sales of heat management products such as heat exchanger between oil, water, gas and refrigerant, automobile air conditioner and related products of post-treatment exhaust system.
After more than 40 years of development, Zhejiang Yinlun Machinery Co.Ltd(002126) has developed into a leading enterprise in China’s automotive heat management industry, with China’s top mass production capacity of heat exchangers and China’s top systematic technical reserves of automotive heat exchangers. It is one of the largest suppliers of commercial and construction machinery heat management, and has established a strong competitive advantage in the field of traditional commercial vehicles, passenger vehicles and construction machinery heat management. It has also developed for many years in the tail gas treatment industry and has certain competitiveness. Now it is gradually developing the field of new energy passenger vehicle heat management and industrial heat exchange.
Zhejiang Yinlun Machinery Co.Ltd(002126) is a national high-tech enterprise. It now has a national technology research center, a national test and testing center and a postdoctoral workstation. During the reporting period, the “Zhejiang Key Laboratory of automotive intelligent thermal management science and technology” jointly built by the company and Zhejiang University was recognized as the Key Laboratory of Zhejiang Province in 2022, filling the gap of no key laboratory in vehicle thermal management in Zhejiang Province. By the end of 2021, the company had nearly 800 patents, including 90 invention patents and 5 international patents. It has become the leading standard setter in China’s heat exchanger industry, leading or participating in the formulation of 35 standards.
Yinlun new energy and Shanghai yinlun, as two important business entities in the company’s new energy business sector, achieved rapid growth during the reporting period. During the reporting period, yinlun new energy achieved an operating revenue of 1048167 million yuan, a year-on-year increase of 223.49%; Shanghai yinlun achieved an operating revenue of 893217700 yuan, a year-on-year increase of 133.25%.
