On the evening of April 20, Yoantion Industrial Inc.Ltd(301053) ( Yoantion Industrial Inc.Ltd(301053) ) released the annual report for 2021. During the reporting period, the company achieved an operating revenue of 577454600 yuan, an increase of 40.63% over the same period of last year, and a net profit of 852528 million yuan, an increase of 33.97% over the same period of last year. Meanwhile, the company plans to distribute a cash dividend of 3.00 yuan (including tax) to all shareholders for every 10 shares.
According to the annual report, Yoantion Industrial Inc.Ltd(301053) main business is the R & D, production and sales of textile related equipment such as stretching and setting machine. The company’s main products are stretch setting machine and modification of setting machine. Among them, the company’s main medium and high-end stretching and setting machine has the characteristics of energy saving, high efficiency and environmental protection, which is in line with the current market development direction and trend. It is understood that the stretching and setting machine is an indispensable link in the textile industry chain. The front end is the grey cloth production link and the back end is the textile and garment product production link. Stretching and setting machine belongs to dyeing and finishing machinery and is the key equipment in the dyeing and finishing process.
According to the data of the National Bureau of statistics, in 2021, the retail sales of clothing, shoes and hats and knitwear textiles of units above the national quota increased by 12.7% year-on-year, and the growth rate increased by 19.3% compared with 2020. During the reporting period, affected by the gradual recovery of the world economy and the return of export orders, the export of China’s textile industry achieved rapid growth, and the total export reached a record high. Under the special conditions of poor global logistics and people flow caused by the epidemic, it fully demonstrated the stable supply advantages of China’s complete textile industry chain.
Yoantion Industrial Inc.Ltd(301053) disclosed that the company’s main customers are textile manufacturing enterprises. According to the characteristics of downstream customer demand, the company mainly adopts the procurement mode of production and purchase, the production mode of sales and production, the direct sales mode directly facing end customers, and the R & D mode of combining active innovation and demand response. At the same time, the company is committed to building a humanized and professional marketing service model, with the help of a complete life cycle service system to protect the interests of customers in the whole process. At present, the company’s market share is expanding and has become a supplier of well-known enterprises such as Shenzhou International, deyongjia garment making, Zhejiang Yingfeng Technology Co.Ltd(605055) , Zhejiang Furun Digital Technology Co.Ltd(600070) printing and dyeing Co., Ltd., Fujian Honggang Textile Technology Co., Ltd.
It is worth mentioning that Yoantion Industrial Inc.Ltd(301053) , as a national high-tech enterprise, has always paid attention to the construction and improvement of the R & D system and continued to increase in R & D investment. In 2021, R & D expenses increased by 51.86% year-on-year and the number of R & D personnel increased by 57.58% year-on-year. Up to now, the company has 141 patents, including 9 invention patents; Obtain 22 software copyrights; It has won 3 items of the first set of products in the equipment manufacturing industry of Zhejiang Province; One excellent new industrial product of Zhejiang Province was obtained; Undertake 2 major science and technology projects in Zhejiang Province.
Yoantion Industrial Inc.Ltd(301053) said that in the future, while stabilizing and expanding China’s market share, the company will actively expand overseas markets, consolidate and develop its due position outside China, and finally form an international business pattern of a production service-oriented enterprise focusing on the R & D, production and sales of equipment such as luffing and setting machines, supplemented by the supply of maintenance and accessories. In addition, the company will continue to improve the company’s popularity, brand influence and marketing penetration by strengthening innovative technology and brand promotion, so as to improve the market share of products, and finally realize the vision of “leading the scientific and technological pioneer of green and fashionable textile industry”.
