Anhui Sierte Fertilizer Industry Ltd.Company(002538) : net profit of RMB 457 million in 2021, with a year-on-year increase of 54.87%

Anhui Sierte Fertilizer Industry Ltd.Company(002538) ( Anhui Sierte Fertilizer Industry Ltd.Company(002538) ) the annual report of 2021 was released on April 19. In 2021, the company achieved a total operating revenue of 3.99 billion yuan, an increase of 5.23% over the same period of the previous year; The net profit attributable to shareholders of listed companies was 457 million yuan, an increase of 54.87% over the same period of last year; The company plans to distribute a cash dividend of 2.60 yuan (including tax) to all shareholders for every 10 shares.

The annual report shows that during the reporting period, the company has always adhered to the general tone of “seeking progress in stability and innovative development”, adhered to the business philosophy of “revitalizing enterprises through innovation, circular development and serving agriculture, rural areas and farmers”, horizontally extended industrial categories, and continuously strengthened the technical research and production of soil testing formula fertilizer; Vertically and continuously expand the upstream and downstream supporting fields. Under the background of pyrite resources owned by the company, the company has fully controlled its high-quality phosphate rock resources and ensured the stable supply of raw materials by acquiring 60% equity of lufa; At the same time, actively predict the market, grasp the market situation in the process of raw material procurement and product sales, and effectively deal with the risks caused by price fluctuations. In addition, the company integrates the company’s existing phosphorus ore resources and subsequent development and utilization on the basis of ensuring the steady development of the existing phosphorus and compound fertilizer business, so as to realize the long-term and stable development of the company.

Anhui Sierte Fertilizer Industry Ltd.Company(002538) said that in 2022, the company will strengthen the construction of capital operation capacity and better carry out capital operation. At the same time, focus on developing strategic partners and establish a lean and efficient supply chain management system. In order to meet the process requirements of continuous improvement of quality, continuous decline of cost and more timely delivery, the company will build a modular procurement management business system, establish a scientific supplier management system and a lean and efficient procurement implementation system from the perspective of “global procurement”, taking into account factors such as economies of scale and supporting facilities, in accordance with the principles of rationalization, intensification and internationalization.

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