Company code: Xinjiang Korla Pear Co.Ltd(600506) company abbreviation: ST Xiangli Xinjiang Korla Pear Co.Ltd(600506)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should http://www.sse.com.cn. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. All directors of the company attend the board meeting. 4 ZTE caiguanghua Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The 29th meeting of the seventh board of directors of the company deliberated and approved the proposal on profit distribution plan for 2021. Audited by ZTE Guanghua Certified Public Accountants (special general partnership), the net profit attributable to shareholders of the listed company was -359334 million yuan and the undistributed profit at the end of the audit period was -1632948 million yuan. According to the provisions of the profit distribution policy in the articles of association, the company plans not to distribute profits or convert capital reserve into share capital in 2021.
The above profit distribution plan shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A shares Shanghai Stock Exchange Xinjiang Korla Pear Co.Ltd(600506) Xinjiang Korla Pear Co.Ltd(600506) Xiangli shares
Contact person and contact information secretary of the board of directors securities affairs representative
Name: alslan adirish orchid
Office address: Shengguo Mingyuan, Shengguo Road, Korla, Xinjiang
Tel: 09962115936
E-mail [email protected]. [email protected].
2. Introduction to the company's main business in the reporting period
During the reporting period, the company completed the acquisition of major assets. The company's main business increased the R & D, production and sales of lubricating grease on the basis of fruit planting, processing and sales dominated by Korla Fragrant Pear and other dry and fresh fruits with Xinjiang characteristics. The company will quickly enter the petrochemical industry.
(I) analysis of Korla Fragrant Pear and other dry and fresh fruit industries with Xinjiang characteristics
1. Korla Fragrant Pear Industry
Xinjiang's unique natural climate and resource conditions provide preconditions for the development of forest and fruit industry in Xinjiang. The special geographical environment and climatic conditions determine that Korla Fragrant Pear is suitable for planting in some areas of Bazhou. In Korla Region, Korla fragrant pear has a large planting area and a long history, and a certain scale fragrant pear production base has been formed. The fragrant pear industry has realized the industrialized operation pattern of planting and cultivation, storage and processing, packaging and transportation, market sales, brand creation, base construction and standardized management, forming a relatively perfect fragrant pear industry system. In recent years, the planting of Korla fragrant pear has been affected by natural disasters, pests and other adverse factors, and the fruit quality, yield and sales price have been affected to a certain extent; At the same time, the planting area and output of other fruits in China continue to expand, and the variety and quantity of fruits in the fruit sales market are constantly enriched, which has a great impact on the sales market of Korla Fragrant Pear.
2. Characteristic dried fruit industry
Xinjiang has unique advantages in the development of dry fruit industry. The vast land, the superior land type of three mountains and two basins, and excellent geographical and climatic resources have created superior conditions for the development of dry fruit industry. Xinjiang is the hometown of melons and fruits in China. There are abundant and various kinds of dried fruits, with well-known characteristic dried fruits such as walnut, red jujube, raisin and Badan wood. As a major agricultural province in China, Xinjiang's dry fruit industry has always been an important channel for Xinjiang's economic income, especially in southern Xinjiang. In recent years, the increasing output of characteristic dried fruits in Xinjiang has led to great changes in the market competition environment of dried fruit products.
(II) lubricating grease R & D, production and sales industry
The R & D and production of lubricating oil, grease, antifreeze and other products engaged in by the wholly-owned subsidiary of the company, uni president petrochemical, belongs to the subdivided industry of lubricating oil and is the petroleum, coal and other fuel processing industry in the industrial classification standard of national economy (GB / t47542017); According to the industry classification guidelines for listed companies, the lubricating oil, grease and antifreeze of unified Petrochemical belong to petroleum processing, coking and nuclear fuel processing industry (C25).
The field of lubricating oil products in China started relatively late, but with the continuous development of China's industrial level and automobile industry, independent innovation has been strengthened on the basis of introducing, digesting and absorbing foreign advanced technology. After years of development, great progress has been made in technology R & D, formula R & D and product upgrading. At the same time, the leading enterprises in the industry have strong independent product formula research and development ability, and the new product development ability according to the market demand is gradually close to the foreign mainstream lubricating oil enterprises.
At present, large international lubricant companies such as shell, Mobil, BP and Kunlun and Great Wall Lubricant Companies under PetroChina and Sinopec can comprehensively improve the R & D of base oil refining technology and lubricant product formulation process because they have refinery capacity in the upstream. The core technologies of independent lubricating oil production enterprises without upstream refinery resources, such as unified petrochemical, Jiangsu Lopal Tech.Co.Ltd(603906) , Qingdao Copton Technology Company Limited(603798) and other enterprises, are mainly reflected in the optimization management of formula R & D efficiency and formula cost of lubricating oil products.
Unified Petrochemical is a professional lubricant manufacturer serving China's local market. It provides customers with professional and excellent lubrication and maintenance solutions in the fields of automotive oil, motorcycle oil, industrial oil, construction machinery oil and grease, antifreeze and so on.
At present, the annual production capacity of lubricating oil and grease products built and rented by uni president Petrochemical is about 300000 tons, and the production capacity of antifreeze is 39000 tons. It is one of the largest professional manufacturers of lubricating oil in China.
(I) main business
During the reporting period, the company completed the acquisition of major assets and unified Petrochemical became a wholly-owned subsidiary of the company. The company formed a "double main business" development model, that is, the company's main business is the planting, processing and sales of Korla Fragrant Pear, the operation of other dry and fresh fruits with Xinjiang characteristics and the R & D, production and sales of lubricating grease.
(II) business model
1. Fruit planting and sales
In terms of fruit planting, operation and management, the company has continued to use the agricultural industrialization business model of "company → base + farmers" at the beginning of its establishment, that is, the company signs a contract with farmers, the company provides production management and technical guidance services for farmers, and farmers turn over the contracting tasks to the company according to the contract; In terms of the purchase and sale of Korla Fragrant Pear and other dry and fresh fruits with Xinjiang characteristics, in order to effectively control the business risk and improve the sales profit, the company determines the purchase and sale quantity and varieties of fruits and dry fruits in the current year and carries out the purchase and sale business of dry and fresh fruits by integrating the supply and demand of fruit and dry fruit market over the years, the output, quality, purchase price of local dry and fresh fruits and the communication with upstream and downstream customers.
In 2021, the company vigorously expanded the fruit business, enriched the product types, expanded the sales market and expanded the sales scale. The company sold 1867787 tons of fragrant pear, small white apricot, Hami melon and other fruits; 311575 tons of dried fruits such as red dates, raisins, walnuts and padanmu are sold. The products are mainly sold to Fujian, Guangdong, Henan, Shanghai, Zhejiang and other regions.
2. Production and sales of lubricating grease
Production mode: unified Petrochemical adopts the production mode based on sales and production, supplemented by overall arrangement, that is, the sales department formulates the sales forecast of the next month according to the orders of the next month received before the end of each month and previous experience. According to the sales forecast, after deducting the existing finished product inventory in the warehouse, the production department can obtain the shortage quantity of the sales order. Combined with the optimal production batch of each product, the characteristics of the market demand cycle, the special requirements of market sales, stock preparation, raw material supply, production capacity and other information, the production plan of the next month is formulated and produced side by side.
In order to meet the needs of different customers in different scenarios, uni president Petrochemical has formed a wealth of lubricant brands and provided customized services for customers. Unified Petrochemical adopts the 72 hour delivery system, and will maintain an appropriate inventory of conventional lubricating oil products for timely delivery; For ordered products, we will rely on surplus production capacity and sufficient blending and sub packaging devices to meet the centralized and overall production of ordered products. More than 3000 lubricant brands of uni president Petrochemical can meet the small customization requirements of different customers. Rich product categories, flexible production planning and efficient delivery system are one of the important competitiveness of uni president petrochemical.
Sales mode: the unified petrochemical sales mode is dominated by distribution mode, supplemented by direct sales mode and agent processing mode. Under the distribution mode, the main customers of uni president Petrochemical are trading companies and online e-commerce companies operating lubricating oil products. The dealers purchase from uni president Petrochemical according to their own sales situation, set independent prices and sell to end-user groups. Under the direct selling mode, unified Petrochemical mainly sells directly to end users. Under the OEM mode, unified Petrochemical provides OEM services to downstream customers.
Main products: the products independently produced by unified Petrochemical include automobile oil, motorcycle oil, industrial oil, engineering machinery oil, grease, antifreeze, etc. the products produced and sold through outsourcing are industrial urea, of which lubricating oil is the main product of the company. According to the differences in product brands and market positioning, unified petrochemical products can be classified as "unified lubricant", "peak automotive products in the United States" and "top 1 breakthrough in the United States". According to the end use, the main categories of unified petrochemical products are divided into passenger car lubricating oil, diesel engine lubricating oil, construction equipment oil, industrial oil, motorcycle oil, etc. Unified Petrochemical has a wealth of lubricating oil brands under each product category. At present, there are about 3000 lubricating oil brands in the categories of unified lubricating oil, peak lubricating oil and breakthrough lubricating oil. In 2021, the consolidated business income of unified petrochemical and its subsidiaries was 1610484 million yuan.
3 main accounting data and financial indicators of the company 3.1 main accounting data and financial indicators in recent three years
Unit: yuan currency: RMB
20212020 compared with 2019 of the previous year
Increase or decrease (%)
Total assets 361392555180 Zhejiang Wolwo Bio-Pharmaceutical Co.Ltd(300357) 0657611032129313196184
Net assets attributable to shareholders of listed company 2425867888627852020425 -12.9027406565025
Operating income 3495364612211858417506 194.762202936839
Deduct the business income irrelevant to the main business
And operating income without commercial real income of 289327681922454017332107900/quality
The net profit attributable to the shareholders of the listed company -3593341539, 445455400 -906.67 -772441026 belongs to the listed company
Net profit of shareholders after deducting non recurring profit and loss of -3708338730 -744 Zhongnongfa Seed Industry Group Co.Ltd(600313) -947132806
Net cash flow from operating activities -796803232 -554808206 -43.62 -428556328
Weighted average net assets -13.79 1.61 decreased by 15.4 percentage points -2.78 yield (%)
Basic earnings per share (RMB -0.2433 0.030 -911.00 -0.052 / share)
Diluted earnings per share (RMB -0.2433 0.030 -911.00 -0.052 / share)
3.2 main accounting data by quarter in the reporting period
