On the evening of April 25, Shandong Cynda Chemical Co.Ltd(603086) released the annual report for 2021. During the reporting period, the company achieved an operating revenue of 2.203 billion yuan, a year-on-year increase of 16.19%; The net profit attributable to the shareholders of the listed company was 177 million yuan, a year-on-year increase of 0.76%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 151 million yuan, a year-on-year decrease of 8.66%; The basic earnings per share is 0.80 yuan / share. In addition, the company plans to distribute a cash dividend of 2.50 yuan (including tax) for every 10 shares to all shareholders, and increase 4 shares for every 10 shares to all shareholders with capital reserve.
The announcement shows that during the reporting period, the company’s operating revenue exceeded 2 billion yuan for the first time, mainly due to the following work done by the company: first, actively promote the operation of new projects and further expand the company’s production capacity. Second, carry out safety information construction and realize the re upgrading of safety management. Third, focus on R & D and innovation, and steadily promote product registration. Fourth, increase the investment and layout of overseas registration, and overseas sales have entered a new level. Fifth, strengthen the technology marketing strategy and promote brand construction.
The company has always attached great importance to new product research and development. Chairman Wang Xianquan said that new product research and development is not “doing experiments behind closed doors and for experiments”, but developing products suitable for the characteristics of the Chinese market around China’s crop characteristics, weed characteristics and climate characteristics Shandong Cynda Chemical Co.Ltd(603086) rely on China’s perfect chemical industry chain and China’s two foreign markets to continuously develop new herbicide varieties. The company simultaneously promotes the two markets in China and abroad to realize the development of the “Five Five Year Plan”. On the one hand, the company focuses on fields with competitive advantages such as rice, peanut and sorghum in China, continuously improves the market competitiveness of herbicides and better serves local agriculture; On the other hand, export herbicide technical drugs to maintain the leading position in the overseas market.
According to Wang Xianquan, chairman of Shandong Cynda Chemical Co.Ltd(603086) board of directors, under the demand of high quality and high yield of modern grain, pesticides are the guarantee of high yield and harvest of grain and the “protector” of crop growth. This means that agriculture will always be a “sunrise industry”, which not only continues the tradition of thousands of years, but also aims at the technological frontier to catch up with the “trend”.
