Fujian Yongfu Power Engineering Co.Ltd(300712) 2021 revenue increased by nearly 60%, and actively build a “new energy + energy storage” industrial chain ecology

On the evening of April 27, Fujian Yongfu Power Engineering Co.Ltd(300712) released its annual report for 2021, which showed that the company achieved an operating revenue of 1.568 billion yuan, a year-on-year increase of 59.92%; The net profit attributable to the parent company was 407659 million yuan, a year-on-year decrease of 19.94%. In 2021, the company deducted the share based payment expenses generated by equity incentive of RMB 60.099 million, affecting the net profit of RMB 510841 million. Without considering the impact of share based payment, the net profit attributable to the parent company in 2021 was 91.85 million yuan, a year-on-year increase of 80.38%.

Fujian Yongfu Power Engineering Co.Ltd(300712) 2021 saw a substantial increase in revenue, mainly due to the use of its own qualifications in the whole power industry chain to undertake projects in the field of clean energy, including nuclear power, wind power, Cecep Solar Energy Co.Ltd(000591) power generation, etc., and enjoy the dividends of industrial policies and industrial scale improvement.

On the same day, Fujian Yongfu Power Engineering Co.Ltd(300712) disclosed that the first quarterly report of 2022 showed that the company achieved an operating revenue of 414 million yuan, a year-on-year increase of 104.80%; The net profit attributable to the parent company was 168576 million yuan, a year-on-year increase of 95.35%. The company’s revenue and net profit increased significantly, mainly due to the strengthening of development and project implementation in the new energy market.

Fujian Yongfu Power Engineering Co.Ltd(300712) focuses on the green and low-carbon transformation of energy and has the qualification of the whole power industry chain. It is the only independently Listed Power Survey and design enterprise in China that can undertake large-scale power generation, transmission and transformation business. It is transforming from a power energy system integration solution provider to an integrated power energy service provider in the fields of new energy, UHV, offshore wind power, integrated energy and energy storage.

At present, Fujian Yongfu Power Engineering Co.Ltd(300712) actively constructs the “new energy + energy storage” industrial chain ecology, introduces Contemporary Amperex Technology Co.Limited(300750) as the second largest shareholder and jointly establishes time Yongfu Technology Co., Ltd., which is committed to providing new energy and energy storage services and products, and successively invests in upstream and downstream companies such as new energy technology (Quzhou) Co., Ltd., Beijing suoying Electric Technology Co., Ltd. and Shanghai kuaibu New Energy Technology Co., Ltd, Gather high-quality resources for coordinated development.

Fujian Yongfu Power Engineering Co.Ltd(300712) said that the company will firmly grasp the new opportunities for the development of the power energy industry around the goal of “carbon peaking and carbon neutralization” and the requirements of “building a new power system with new energy as the main body”. Create greater value for society, shareholders, partners, employees and other parties by accelerating technological innovation, integrating key resources, innovating business models, and actively distributing the upstream and downstream industrial chains of clean energy, new energy, comprehensive smart energy, energy storage and other fields.

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