Dalian Insulator Group Co.Ltd(002606) 4 issued the annual report of 2021 on the evening of 21 April. During the reporting period, the company achieved a revenue of 934 million yuan, a year-on-year increase of 7.41%; The net profit attributable to the shareholders of the listed company was 157 million yuan, a year-on-year increase of 47.81%. The company plans to pay a cash dividend of 0.36 yuan (including tax) for every 10 shares.
In 2021, Dalian Insulator Group Co.Ltd(002606) orders hit another record high. In the Chinese market, the company closely followed the progress of major national power engineering projects, actively adjusted the bidding strategy, achieved more than a dozen uninterrupted winning results in the centralized bidding of the State Grid, and the new orders in the market exceeded 800 million yuan, reaching a record high, stabilizing the market position and laying a foundation for the company’s business performance in 2022. The company also made full use of the advantages of customers and brands to promote a breakthrough in the market sales of composite insulators, and made some achievements in the development of the application field of composite products. In the international market, the company made great efforts to overcome the impact of overseas epidemic, vigorously promoted the qualification certification and information collection of relevant markets, actively promoted the qualification certification and access of new markets, realized market increment and stabilized its international market position.
The company actively overcomes the blocking impact of material logistics caused by the epidemic, constructs a scientific and reasonable overall production and operation structure through macro-control of the whole production process, adopts the cross production mode of various projects according to the delivery date of UHV and export projects, pays close attention to the production capacity balance and reasonable allocation among various processes; Take the initiative to upgrade the hardware conditions, introduce multiple sets of intelligent equipment such as automatic blank repair machine and full-automatic iron remover, and upgrade the existing mud pressing platform and automatic rubber binding production line.
It is worth mentioning that during the reporting period, Dalian Insulator Group Co.Ltd(002606) continued to increase investment in research and development, and conducted research and Research on the structural optimization and low-cost formula of the existing suspension porcelain insulator. While stabilizing its main business, the company has developed “24kV / 36kV epoxy composite transformer bushing”, “24kV / 36kV drop insurance” and other new products; 12 utility model patents were obtained. At the same time, it has successively carried out a series of cooperation with Zhejiang University and Dalian University of technology to continue to seek cooperation in new materials, new equipment, new tooling, new technology and new structure, so as to accelerate technology and further improve equipment capacity.
With regard to the key work in 2022, Dalian Insulator Group Co.Ltd(002606) said that the company would actively promote the adjustment of product structure and the layout of emerging industries, and explore emerging businesses such as new energy and intelligent microgrid on the basis of steady development of insulator business; Using the capital platform of listed companies and under the premise of controllable risk, we will continue to increase outward investment and supplement and upgrade the existing insulator business.
The company will continue to improve the sales layout and refine the sales area. In the Chinese market, we will strengthen the collection and sorting of market information, focus on the information of key projects of the State Grid and the South grid, and continue to increase investment in batch bidding of the State Grid, provincial and municipal bidding projects, owner projects and self operated projects, so as to ensure a leading position in the suspension porcelain industry; In the international market, we will strengthen market risk control, adopt reasonable layout and highlight key points, consolidate the existing markets in Bangladesh, the Philippines, Pakistan, Myanmar and Cambodia, and do a good job in product certification and market development in emerging markets such as Thailand, Saudi Arabia and Indonesia. At the same time, taking advantage of the company’s brand advantages and the mutual leading role of different products under the same brand, deeply plough the existing mature markets and emerging markets, constantly expand the company’s marketing scope and field, cultivate new profit points, and form a large-scale business model with multiple heads.
The company will comprehensively and deeply analyze the development trend of insulator Market and continuously carry out research and development of new products and technologies. The company will continue to promote the special research and development of suspension porcelain product structure design, porcelain formula, hardware strength and composite new material application, so as to improve the performance and quality stability of insulators; We will continue to strengthen cooperation and exchanges with universities and scientific research institutes on “production, learning, research and application”, promote the R & D and application of new materials, new equipment, new tooling, new processes, new structures, new management methods and new production methods, improve the technological innovation and R & D system with big porcelain characteristics, and comprehensively improve the mechanization, automation, informatization and intelligence level of enterprises.
In addition, we will continue to implement the cost refinement management method of “vertical to the bottom and horizontal to the edge”, give full play to the role of budget management in business traction and cost control, and continuously improve profitability.
