Booming production and sales of main products Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) 2021 net profit increased by 29.87% year-on-year

Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) ( Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) . SZ) released its first annual report after listing. The company announced on April 22 that it would realize an operating revenue of 520 million yuan in 2021, an increase of 35.16% over the same period last year; The net profit attributable to shareholders of listed companies was 140 million yuan, an increase of 29.87% over the same period last year; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 135 million yuan, an increase of 39.55% over the same period of last year. The company plans to distribute a cash dividend of 2 yuan (including tax) for every 10 shares, and increase 8 shares for every 10 shares with the capital reserve.

Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) headquartered in Weifang, Shandong Province, landed in Shenzhen Stock Exchange in May 2021. The company is mainly engaged in the R & D, production and sales of functional shading materials. Its main products include shading fabrics, dimmable fabrics and sunshine fabrics. It is a leading enterprise in the functional shading industry with leading technology level and sales scale in China.

Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) said that the main performance drivers of the company, including the deepening of the concept of green building materials, have promoted the continuous expansion of the market demand of the building shading industry; Traditional cloth curtains will be gradually replaced, driving the market share of functional sunshade products to increase; The establishment and improvement of the industry standard system will help the building sunshade industry continue to develop; Improve market concentration and speed up the upgrading of high-quality enterprise brands. The company has the competitive advantages of brand and customer resources, technology and R & D, quality control and rapid response to the personalized needs of global customers. Its products account for 2 / 3 of its exports and are sold to more than 70 countries and regions on six continents around the world.

Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) said that the company will focus on the development of its main business and continue to focus on the R & D, innovation and scale expansion of functional sunshade materials. We will continue to strengthen innovation leadership, take the market as the guide, gradually consolidate and improve the market share of products at home and abroad, form a global market development strategy based on the R & D and production of functional sunshade materials, and build a supplier of functional sunshade materials with international competitiveness.

In terms of business plan, Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) will continue to expand the scale and improve the level of production efficiency; Improve the ability of independent research and development and improve the conversion rate of scientific research achievements; Promote the construction of intelligent and information projects; Start the talent strategy and establish a perfect talent training and training system; Strengthen internal control and promote sustained and stable growth. The company will further strengthen the construction of internal control system and system, improve investment decision-making procedures, make rational use of various financing tools and channels, control capital cost and improve capital use efficiency; Continuously improve the internal control implementation system, strengthen the risk pre control link, and effectively improve the implementation efficiency of the physical system. Tap internal potential, optimize production control, human resource allocation and improve quality control, so as to comprehensively and effectively control the company’s operation and management risks.

According to the annual report, Shandong Yuma Sun-Shading Technology Corp.Ltd(300993) will take “capacity and efficiency improvement” as the main line, actively promote the construction progress of raising investment and production expansion projects, strive to release production capacity as soon as possible, and strive for the construction of raising investment and production expansion projects to be put into operation as soon as possible in 2022; Continuously optimize and improve the level of process equipment, improve process parameters and improve production efficiency. Take the market as the guide, keep a close eye on the market dynamics, actively respond to customer needs, strengthen the innovation leading strategy, continuously improve the innovation ability and R & D ability of new products in terms of product structure, style, color and variety, vigorously promote the industrialization process of new products, improve the conversion rate of scientific research achievements and contribute to new gross profit growth points.

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