Anhui Gourgen Traffic Construction Co.Ltd(603815) ( Anhui Gourgen Traffic Construction Co.Ltd(603815) ) released the annual report of 2021 on April 19. During the reporting period, the company achieved an operating revenue of 5127332 million yuan, a year-on-year increase of 27.70%; The net profit was 1504453 million yuan, a year-on-year increase of 13.42%; The net profit attributable to the shareholders of the listed company was 148601 million yuan, a year-on-year increase of 16.54%. As of December 31, 2021, the total assets of the company were 82479276 million yuan, an increase of 29.40% over the beginning of the year. The company plans to distribute cash dividends of 1.00 yuan (including tax) per 10 shares to all shareholders, with a total of 618924 million yuan.
The annual report shows that in 2021, the company focused on the high-quality regional market, optimized the marketing management system, deepened the reform of marketing organization structure, enriched the allocation of marketing personnel, improved the marketing incentive policy, and promoted the quality and efficiency of the company’s business development. The company adheres to the business policy guidance of “focusing on core customers and core markets”, takes “stabilizing key core markets, deeply cultivating local mature markets and focusing on breaking through foreign markets” as the work direction, focuses more advantageous resources on core markets and advantageous sections, and has achieved good business development results. The amount of new contract orders of the company in 2021 was 8.155 billion yuan (excluding the amount of new M & A companies and PPP projects), an increase of 23.41% over 2020, another record high. While the total amount of new Contracting increased, the contracting business was of higher quality, and the proportion of projects in areas with better finance such as Hefei increased significantly. The new contracting of a number of key projects such as the general contracting-2 bid section of the rapid transformation project of Susong Road (South Second Ring Road – Shenzhen Road), the road platoon of Dalian Road (Baohe Avenue – chaohunan Road) and the comprehensive pipe gallery project consolidated the foundation for the company’s future performance growth.
In 2021, while paying close attention to the safety production control, the company quantified and decomposed the project construction and production objectives and tasks, strengthened the project construction service and supervision, and strictly enforced the assessment mechanism to promote the overall improvement of the quality and efficiency of project management. During the year, various projects under construction of the company were successfully implemented according to the construction plan, including gubeng expressway project, innovation Avenue Project and other projects with high quality and advanced completion and delivery, which were widely recognized by the owner. In the process of construction and production, the company has firmly established the awareness of high-quality products and created many high-quality projects such as Ningji expressway project, Henan Sanmenxia Project and Hefei Fuzhou railway connecting line project. Throughout the year, the company won 3 National Engineering awards such as “Luban Award for China Construction Project”, “National high-quality engineering award” and “Lichun Award”, 7 provincial engineering awards and 7 Municipal Engineering Awards. The company has successively won the honors of excellent municipal construction enterprise in Anhui Province, excellent municipal engineering enterprise in Hefei and excellent construction enterprise in Hefei construction industry.
Anhui Gourgen Traffic Construction Co.Ltd(603815) said that in the future, the company will seize the opportunities brought by the implementation of the 14th five year plan and the economic integration of the Yangtze River Delta, give play to the brand effect of listed enterprises, take the highway and municipal infrastructure construction business as the core, create an integrated industrial pattern of “investment, design, construction and maintenance”, give full play to the business synergy, constantly expand the high value-added business fields in the industrial chain and expand the market scale. At the same time, the company will make use of its advantages in qualification, performance, management, technology, brand and other aspects to consolidate and improve the company’s competitive position and leading advantage in Anhui Province, strengthen the market expansion of surrounding provinces and provinces with weak infrastructure, and improve the market share through intensive cultivation of the above regional markets.
