Anhui Fuhuang Steel Structure Co.Ltd(002743) ( Anhui Fuhuang Steel Structure Co.Ltd(002743) ) released the annual report of 2021 on April 21. During the reporting period, the company achieved an operating revenue of 57374859 million yuan, an increase of 40.82% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 166115700 yuan, an increase of 24.99% over the same period of last year; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 15660100 yuan, an increase of 25.63% over the same period of the previous year. As of December 31, 2021, the total contract amount of engineering projects under construction of the company is 17.299 billion yuan (including tax), of which the recognized income is 9.488 billion yuan (including tax), and the remaining unfinished engineering quantity is 7.811 billion yuan (including tax). The company plans to distribute a cash dividend of 0.77 yuan (including tax) to all shareholders for every 10 shares.
The annual report shows that during the reporting period, the main reason for the company’s performance growth is to continue to focus on the company’s strategic development objectives and actively expand the company’s performance growth. During the reporting period, the main business income and the net profit attributable to the shareholders of the listed company increased by 40.82% and 24.99% respectively compared with the same period; At the same time, the company pays close attention to cost reduction and efficiency increase, strengthens the cost awareness of project management and control, and improves the level of lean management; By exploring close cooperation with upstream iron and steel enterprises and local policies, explore and develop the “De’an model” and “Xixia model” to improve the company’s production capacity, form the price advantage of products by reducing the raw material cost and transportation cost of products, deepen the processing and manufacturing of the company’s steel structure, expand the company’s production capacity and form the competitive advantage of products.
According to the introduction, Anhui Fuhuang Steel Structure Co.Ltd(002743) main business is steel structure design, manufacturing and installation. It has gradually formed a characteristic business pattern dominated by heavy building steel structure and heavy special steel structure, with the industrialization of prefabricated buildings, aesthetic whole wood customization and the seriation development of high-grade door and window products, which promote and complement each other. It is a characteristic business pattern that can undertake all kinds of building steel structure, bridge steel structure It is a backbone enterprise in the design, manufacture and installation of power plant steel structure and long-span spatial structure. The company’s products are mainly heavy steel structures, light steel structures and solid wood composite doors, which are mainly used in large and medium-sized industrial plants, high-rise and super high-rise buildings, convention and exhibition centers, municipal bridges, residential buildings, etc.
Anhui Fuhuang Steel Structure Co.Ltd(002743) said that in 2022, the company will focus on the implementation of the high-quality development action plan, focusing on the quality improvement project, team construction project and cost control project, and the lean management of quality management, the standardization of safety and civilization, and the informatization management of operation control; Special treatment of talent structure, Hierarchical Authorization and responsibility assessment; Nine governance means, including two major cost special governance, three major benefit special governance and five types of expense special governance, have comprehensively improved the company’s management in engineering projects. Through the institutionalized construction of project marketing responsibility system, project manager responsibility system and project settlement and payment collection responsibility system, improve the company’s project management mechanism, seek benefits from management and improve the company’s high-quality management level.
At the same time, the company’s steel structure industry still belongs to the traditional manufacturing engineering field in terms of capital market cognition, and the overall valuation level of the corresponding industry is at a low level. In the future, the company will actively seek to select targeted technology empowerment of new business forms in the upstream and downstream of the industrial chain in combination with the actual situation of the company, such as shock-absorbing and seismic support manufacturing, photovoltaic building integration, green double carbon new building coating, etc. on the basis of continuously consolidating the enterprise operation, through the appropriate extension of the upstream and downstream of the industrial chain, the company will use technology to empower the enterprise operation and development, so as to improve the company’s performance and enhance the company’s valuation level at the same time, Make use of the advantages of the company’s listing platform and carry out the change of the company’s new business format with the help of the multi-channel way of the capital market.
