Chengdu Tangyuan Electric Co.Ltd(300789) 4 the annual report of 2021 was released on the evening of April 24. The company achieved an operating revenue of 352 million yuan in 2021, with a year-on-year increase of 30.78%; The net profit attributable to the shareholders of the listed company was 665308 million yuan, a year-on-year increase of 3.04%; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 58.54 million yuan, a year-on-year increase of 23.31%; The basic earnings per share is 0.8 yuan. The company plans to distribute a cash dividend of 2.41 yuan (including tax) to all shareholders for every 10 shares.
Chengdu Tangyuan Electric Co.Ltd(300789) is a rail transit operation and maintenance solution provider, mainly engaged in the R & D, manufacturing and sales of traction power supply, public works engineering, vehicle engineering detection and monitoring and intelligent operation and maintenance information management system in rail transit industry.
The annual report shows that the company continues to make breakthroughs in new technologies and new technologies, especially in the reporting period. During the reporting period, the company achieved good R & D performance, including 3 new product R & D projects, 7 new technology R & D projects and 2 upgrading R & D projects, which successfully passed the review and conclusion of the expert group; R & D projects such as “track detection system improvement technology”, “detection and monitoring image interference problem solving” and “high voltage system problem solving” have broken through a number of industry technical bottlenecks; “Metro OCS PHM system” fills the technical gap in China.
In terms of market development, during the reporting period, the company continued to maintain its market leading position in the field of rail transit intelligent operation and maintenance, and expanded new business areas and markets by continuously optimizing and adjusting the company’s existing business and product layout. The company participated in the public works general contracting business of Hangzhou Shaoxing Taizhou (Hangzhou to Taizhou via Shaoxing) and Huanggang Huangmei railways for the first time as a general contractor integrator; Relying on the company’s existing technical advantages, it has broadened the local railway market, further improved and optimized the company’s business layout, continued to cultivate key markets such as “Beijing Tianjin Hebei“, strengthened the market promotion and sales of key products, improved the company’s competitiveness and influence in the industry, and ensured the steady increase of the company’s market share.
In the 2022 business plan, the company said that it would increase R & D investment in the intelligent detection and monitoring of rail transit and comprehensively improve the R & D level guided by market demand and industry development. At the same time, focus on promoting the market layout of Chengdu Chongqing twin city economic circle, Guangdong Hong Kong Macao Bay area, Hangzhou Bay and Beijing Tianjin Hebei Urban Agglomeration, constantly enrich the company’s product types and strive to improve the company’s profit growth point.
