Anhui Tongyuan Environment Energy Saving Co.Ltd(688679) : the revenue will exceed 962 million yuan in 2021, and it is proposed to pay 120 million yuan for 10

Anhui Tongyuan Environment Energy Saving Co.Ltd(688679) ( Anhui Tongyuan Environment Energy Saving Co.Ltd(688679) ) released the annual report of 2021 on April 19. During the reporting period, the company realized an operating revenue of 962288300 yuan, an increase of 12.75% over the same period of the previous year; The net profit attributable to the shareholders of the company was 501276 million yuan, a decrease of 44.56% over the same period of last year; The net profit attributable to shareholders after deducting non recurring profits and losses was 298447 million yuan, a decrease of 66.62% over the same period of last year. The company plans to distribute a cash dividend of 1.20 yuan (including tax) for every 10 shares to all shareholders, with a total cash dividend of 158028 million yuan (including tax), accounting for 31.53% of the net profit attributable to shareholders of the parent company in 2021.

According to the annual report, the company’s performance in 2021 declined significantly, mainly due to the intensified market competition in the industry in which the company is located, the increase of material costs and subcontracting costs, the decrease of project gross profit margin, and the increase of management expenses, sales expenses and impairment losses compared with last year.

In 2021, the company has always adhered to the strategic positioning of the overall environmental solution, continuously optimized and adjusted the business structure to meet the market demand, and the sales revenue and on-hand orders have maintained a sustained growth trend. With the expansion of the company’s business scale, the accumulation of project experience and the enhancement of capital strength, the company’s advantageous position in the comprehensive treatment of solid waste pollution has been further consolidated, and the soil treatment and remediation project has achieved a major breakthrough from site investigation to scheme implementation. At the same time, with the acceleration of urbanization, the company continued to increase investment in sludge, sewage and water environment treatment business, paid great attention to the water environment treatment of villages and towns, and helped to improve the water environment of villages and towns and the implementation of Rural Revitalization Strategy by promoting the full coverage of urban sewage pipe network and promoting the harmless treatment of centralized Incineration of sludge.

During the reporting period, the company made great efforts to overcome many adverse factors such as business expansion, engineering construction and logistics transportation caused by the repeated epidemic. While doing a good job in epidemic prevention and control, the company ensured the delivery of the project on schedule by reasonably arranging the construction cycle, purchasing raw materials through multiple channels, strengthening the logistics support of resident personnel, holding on-line on-site dispatching meetings and other measures. The company has firmly established the fundamental idea of “long-term plan and quality first”, continuously strengthened the safety and quality awareness of project management and technicians through business training and on-site assessment, and ensured the project quality through continuous process control. The company has been highly recognized by the government and customers with its professional project implementation ability and customer-oriented service concept, which has brought a good brand image and market reputation to the company and laid a good foundation for subsequent regional market development.

In 2022, the company will further strengthen the engineering quality, operation quality and work quality. Refine the flight inspection and process inspection of engineering quality; Take EHS as the starting point to carry out special inspection and inspection of operating stations. Further strengthen market function and brand awareness, formulate market brand building strategy and its implementation plan, and gradually realize professional and high-quality growth. At the same time, for each business segment of the company, it will refine and formulate different market objectives and competitive strategies, strive to build a strong market competitive development platform, and provide platform services not limited to project filing, cost, bid making, process management, project settlement and so on; And formulate performance assessment methods for the linkage of technology, engineering and marketing, do a good job in personnel matching and cross departmental communication and coordination, and effectively improve the comprehensive support ability of the market competitive development platform.

Anhui Tongyuan Environment Energy Saving Co.Ltd(688679) said that under the guidance of national macro policies and environmental protection industry policies, the company will firmly seize the favorable opportunity for the development of energy conservation and environmental protection industry, adhere to the core concept of “responsibility casting, good environment and beautiful environment”, take it as its own responsibility to help the construction of ecological civilization and rural revitalization, adhere to promoting the development of the company with talents and technological innovation, and focus on the comprehensive treatment of solid waste pollution In the business field of comprehensive treatment and environmental remediation of sludge, sewage and water environment, we continuously update and master the key technologies of the core links of the industrial chain, effectively improve the company’s core competitiveness, and are committed to building the company into an industry-leading provider of overall environmental solutions.

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