Harbin Electric Corporation Jiamusi Electric Machine Co.Ltd(000922) ( Harbin Electric Corporation Jiamusi Electric Machine Co.Ltd(000922) ) disclosed the first quarter report on April 22. During the reporting period, the company achieved an operating revenue of 794 million yuan, a year-on-year increase of 25.81%; The net profit was 75 million yuan, a year-on-year increase of 0.3%; The basic earnings per share is 0.13 yuan.
It is worth noting that Harbin Electric Corporation Jiamusi Electric Machine Co.Ltd(000922) under the influence of poor transportation conditions in winter in Northeast China and the epidemic this year, it still maintained the double growth of revenue and net profit, mainly due to the company’s strong R & D ability and the dominant market position of main products. It is reported that Harbin Electric Corporation Jiamusi Electric Machine Co.Ltd(000922) has a national explosion-proof motor engineering technology research center, which is an important part of the national science and technology development plan. In combination with market demand and technological development trend, adhere to the R & D mode focusing on independent R & D and supplemented by cooperation with university enterprises, and use advanced motor design and analysis system, three-dimensional design, electromagnetic field analysis and finite element software for large and medium-sized motors to improve the calculation level, accounting ability, improve the product technical quality level, and ensure that the innovation and technology of the company’s products are at the international leading level. In addition, the company has undertaken a number of national, provincial and ministerial scientific research plans, and its products have won national, provincial and ministerial scientific and technological progress awards for many times.
In addition, the company’s products have broad application fields in downstream industries and can maintain a high prosperity. The company has won a number of major projects in the petroleum, petrochemical, coal chemical, iron and steel and power industries by increasing marketing efforts, adjusting marketing models, continuing to strengthen the market promotion of high-efficiency motors, high-end electric pumps, LNG low-temperature submersible motors, permanent magnet motors, accelerating the product optimization and upgrading of nuclear motors and optimizing the order structure. At the same time, we will strengthen the R & D and promotion of new products, promote the extension and expansion of the industrial chain, establish multiple maintenance service centers, form a maintenance business network covering the whole country, and form new ordering and profit growth points.
