Jiamei Food Packaging (Chuzhou) Co.Ltd(002969) : in 2021, the net profit was 164 million yuan, with a year-on-year increase of 374.61%

Jiamei Food Packaging (Chuzhou) Co.Ltd(002969) ( Jiamei Food Packaging (Chuzhou) Co.Ltd(002969) ) released the annual report of 2021 on April 21. The company achieved an operating revenue of 3451746200 yuan in 2021, an increase of 73.24% year-on-year; The operating profit was 193921500 yuan, a year-on-year increase of 205.87%; The total profit was 1905689 million yuan, a year-on-year increase of 295.52%; The net profit attributable to the shareholders of the listed company was 1639259 million yuan, a year-on-year increase of 374.61%. The company plans to distribute a cash dividend of 0.11 yuan (including tax) to all shareholders for every 10 shares.

The annual report shows that during the reporting period, the company has made positive progress in building the strategy of “whole industry chain beverage service platform”. In 2021, the market share of the company’s old customers in the fields of traditional plant protein drinks and milk drinks continued to expand; It has newly expanded the head brand customers in the field of functional drinks. In the top selling beverage items in the market in 2021, a number of market leading brand customers in the subdivided fields such as jelly soda, oat milk, thick coconut milk, coconut milk, soybean milk and coffee were newly developed. Paper cans, ABC, SBC and other innovative products are commercialized and used in many strong brands. Compared with the same period of last year, the order volume of the company’s products has increased significantly, and has exceeded the average level of normal years, and the company’s operating revenue has reached the highest in previous years. In 2021, the company overcame the adverse factors of the rise in the price of bulk commodity raw materials and realized a slight increase in the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses compared with the same period in 2019.

During the reporting period, while adhering to the implementation of various epidemic prevention policies of the government, the company resumed production and work in an orderly manner, made every effort to promote the recovery of business in various sectors, and made great efforts to complete the budget objectives and tasks in 2021.

Consolidate the existing customer base and develop the potential customer base. With the purpose of “going deep into the company’s customers and providing professional services”, the company adopts the marketing means of “close to large customers, covering small customers and following up new markets”, uses the existing company resources and channels to consolidate the existing customer base and strive to develop the customer base with development potential. Closely follow the regional expansion plan and category expansion plan of existing large brand customers, and allocate various production capacity; Pay close attention to the opportunities of regional expansion and category expansion of existing regional advantageous brands; Adhere to the full coverage of small customers and do not give up the business opportunity for small customers to grow into brand customers; Actively pay attention to the market opportunities of new beverage and packaging categories, gradually promote the company’s “new products” ABC, SBC cans and other new metal cans, and gradually carry out large-scale production of paper cans; Continue to maintain and improve market share and strive to build the company into a “Chinese beverage service platform of the whole industry chain”. In 2021, the market share of the company’s old customers in the fields of traditional plant protein drinks and milk drinks continued to expand; It has newly expanded the head brand customers in the field of functional drinks. In the top selling beverage items in the market in 2021, a number of market leading brand customers in the subdivided fields such as jelly soda, oat milk, thick coconut milk, coconut milk, soybean milk and coffee were newly developed. Paper cans, ABC, SBC and other innovative products are commercialized and used in many strong brands. Compared with the same period of last year, the order volume of the company’s products has increased significantly, and has exceeded the average level of normal years.

Create a good R & D environment and strengthen technological innovation. On the premise of adhering to independent innovation, the company has increased scientific research investment and talent introduction, optimized the existing process conditions of the company, accelerated the industrial production and R & D of the applicability of the company’s new packaging containers, and discussed the application fields. Further improve the R & D system, create a good R & D environment, accelerate the introduction of high-quality scientific research talents, further improve the market response ability, shorten the R & D cycle of new products, and promote the rapid development of enterprises by relying on technological progress.

Continuously improve the talent construction and salary assessment system. During the reporting period, the company implemented the talent strategy, continuously improved the employment system, improved the openness, rationality and efficiency of talent introduction, and formed an enterprise employment view with its own characteristics.

Expand financing channels in the capital market. According to the business development planning and project construction, the company timely adopts direct financing and indirect financing to raise funds, supplement the company’s development funds, disperse investment risks and enhance the company’s capital strength.

Jiamei Food Packaging (Chuzhou) Co.Ltd(002969) said that based on the macroeconomic situation and industry development trend, the company will focus on its main business, actively respond to the changes in the beverage market and consumption trends, and achieve sustainable development. At the same time, the company will continue to focus on the food and beverage industry, highlight the advantages of industry-leading integrated filling OEM, deepen the one-stop brand incubation service with “Jiamei” characteristics, give full play to the full coverage customer strategy and stable customer base advantages, strengthen the market share leading advantage of the three can business sector, cooperate with the industrial chain and value chain to develop information resources, and attract and import multi brand customers for OEM, ODM, OBM OCM cooperation, and finally achieve the strategic goal of an all-round Chinese beverage service platform. Specifically, the company will strengthen its comprehensive service capability, actively expand the market, seek industry integration, continue to optimize production capacity and expand financing channels.

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