Shandong Mining Machinery Group Co.Ltd(002526) 4 on April 21, the annual report of 2021 was released. In 2021, the company achieved an operating revenue of about 2.286 billion yuan, an increase of 9.35% year-on-year; The net profit attributable to the shareholders of the listed company is about 61.05 million yuan.
With a history of more than 60 years, the company has been deeply engaged in coal machine manufacturing for many years. Guided by the four modernizations strategy, the company has constantly explored new modes of transformation and development, and gradually established a mature corporate culture and perfect management system suitable for enterprise development, so as to ensure the standardized and efficient management of the company and ensure the healthy and sustainable development of the company.
During the reporting period, the company’s core competitiveness was continuously enhanced, which ensured the stability of the company’s business and the sustainability of profitability, and further improved its comprehensive competitiveness in management, technology and other aspects.
During the reporting period, by industry, the company’s operating revenue mainly came from the machinery manufacturing industry, accounting for about 84.39%. By product, the company’s operating revenue mainly came from coal machinery and equipment, accounting for about 56.66%. In terms of coal machine production and sales, the company’s coal machine products mainly include hydraulic support, scraper conveyor, belt conveyor and other coal mine underground support, transportation equipment and accessories. The company’s main products have now formed a series and scale, with a certain market share and good reputation in China, and actively explore foreign markets. Relying on good brand image, excellent product quality and high-quality customer service, the production and sales of coal machinery still maintain a stable development under the condition of intensified market competition.
In addition, the company’s accessories strategy has achieved remarkable results in the sales of accessories products. The company has always insisted on making components into products and products into brands. Relying on the advantages of specialization, high cost performance, fast production delivery time and stable quality, the company provides high-quality core parts for the main engine factory, the machinery factory of the Mining Bureau and the same industry to create a high-quality brand of accessories products of the company. Through continuous development and promotion, the advantages and popularity of the company’s accessory products have been continuously improved. The annual output value and sales volume of hydraulic support accessory products engineering oil cylinders and structural parts have increased significantly. Forging, reducer, casting, ring chain specialized production units, sprocket, electroplating, etc. have also developed rapidly under the guidance of the accessory strategy, and the revenue contribution of accessory products is increasing. The company’s hydraulic support column Jack product has won the single champion product of manufacturing industry in Shandong Province. During the reporting period, the company also made steady development in other business sectors.
After years of steady operation, the company has established a good brand image with high-quality products and customer service, and established a long-term and stable relationship with customers. The company adheres to the business philosophy of “honesty and trustworthiness, customer first, innovation and improvement and quality first”, takes “responsibility forever” as the purpose, provides “zero distance and whole process service”, attaches great importance to product quality, strives for excellence, makes people have their own advantages and characteristics, continuously improves brand value, and makes the company and its products enjoy good reputation and reputation outside China by relying on excellent product quality and high-quality customer service.
In terms of talent and technical advantages, the company has a mature technology R & D team and strong technical strength. At the same time, the company pays attention to cooperation with scientific research institutions. Through the grafting of high-end talent team, the company has achieved considerable development in the field of high-end, intelligent manufacturing and informatization, pays attention to the cultivation of technical reserve talents, and constantly promotes the technical improvement of the company and improves the technical level of the company.
In the future, the company will focus on the national industrial policy and the situation of relevant industries, strengthen the development direction of the four modernizations strategy, continue to promote the strategic development of “accessories”, increase R & D investment, constantly carry out technological innovation, improve the professional level of enterprises, and vigorously develop the machinery manufacturing service industry. At the same time, promote the rapid development of high-end equipment manufacturing, intelligent manufacturing and manufacturing service level to higher fields, enhance the core competitiveness of enterprises, and actively seek the organic integration of capital and industry to realize the new development of enterprises.
