Wuhan Xianglong Power Industry Co.Ltd(600769) : in 2021, the net profit was 6.9214 million yuan, with a year-on-year increase of more than 30%

Wuhan Xianglong Power Industry Co.Ltd(600769) 420 disclose the annual report of 2021. The company achieved an operating revenue of 529873 million yuan in 2021, with a year-on-year increase of 72.77%; The net profit attributable to the shareholders of the listed company was 6.9214 million yuan, a year-on-year increase of 30.89%; The basic earnings per share is 0.0185 yuan.

Wuhan Xianglong Power Industry Co.Ltd(600769) said that in 2021, the company will focus on its main business and enhance its development momentum. The annual report shows that in 2021, the average daily water supply of the company's water supply plant exceeded 40000 tons, the maximum daily water supply exceeded 50000 tons, the annual cumulative water supply was 15.39 million tons, and the capacity utilization rate was at a high level throughout the year. The company realized a water supply business income of 272037 million yuan, an increase of 45.46% over the previous year.

At the same time, the company dynamically tracks the changes of customers' water consumption in the park and timely promotes the second phase of the water supply plant reconstruction project. It has successfully obtained the water intake license (20212026) issued by the Department of water resources of Hubei Province, and the approved annual water intake can reach 35 million cubic meters, laying a solid foundation for continuing to consolidate the market share advantage of the company's regional industrial water supply.

In terms of construction business, the company paid close attention to on-site safe construction and cost management, further improved the quality supervision and external accounts receivable management system, and vigorously improved the fine management level of engineering projects. In 2021, the company's construction business achieved an operating revenue of 253707 million yuan, a year-on-year increase of 120.29%.

Wuhan Xianglong Power Industry Co.Ltd(600769) said that in 2022, the company's water supply business should keep up with the growth rhythm of industrial water in the region, improve the guarantee capacity of high load production and operation, and ensure to meet the water demand of customers. At the same time, the company should seize the internal and external market opportunities, actively build multi-party strategic cooperation, deeply tap business resources, and strive to build a state-owned construction company with sustainable and healthy development.

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