Long Yuan Construction Group Co.Ltd(600491) recently disclosed the annual report of 2021. The company achieved an operating revenue of 19.548 billion yuan, an increase of 9.9% year-on-year; The net profit attributable to the parent company was 667million yuan, and the basic earnings per share was 0.44 yuan.
Long Yuan Construction Group Co.Ltd(600491) is a leading private infrastructure investment and general contracting enterprise in China. For the company, the challenges faced in 2021 mainly come from the system environment and industry environment. The company actively adjusts its business strategy, completes the phased shift of work focus, pays overall attention to the management of stock projects, improves the quality of incremental projects, appropriately slows down the pace of investment, improves quality and efficiency, and focuses on the integration of prefabricated and photovoltaic buildings (BIPV) as a new growth pole to achieve sustainable development.
In 2021, the company went deep into the main track of urban development, committed to providing the government with one-stop professional services covering the whole life cycle of projects in the field of infrastructure and public services, as well as providing high-quality EPC services for all kinds of investors, and actively explored new developments in the field of photovoltaic and steel structure assembled buildings. Through continuous efforts, the total asset scale of the company and the net asset scale attributable to the shareholders of the listed company have been rising.
As a national prefabricated construction industry base, in 2021, the company’s Prefabricated business expanded the market from three aspects: market bidding, industrial cooperation and strategic product development, of which 8 projects won the bid in the whole year, with a bid winning contract amount of 1.179 billion yuan; Expand and reserve future orders with 58 industrial cooperation regions and 8 strategic cooperation customers.
In order to meet the needs of building industrialization and meet the needs of prefabricated buildings and BIPV manufacturing, the company’s prefabricated building science and Technology Industrial Park has been established in Xuancheng City, Anhui Province. The first phase covers an area of 300 mu. It is expected to serve the construction of 1 million square meters of prefabricated green buildings in the Yangtze River Delta after it is completed, with an annual output value of more than 1.5 billion yuan. The company will build a comprehensive green building enterprise capable of R & D, production and sales of BIPV products and green low-carbon building general contracting and professional contracting delivery, and strive to cultivate the green building business sector into a new growth pole of the company.
