Securities code: Jiangxi Selon Industrial Co.Ltd(002748) securities abbreviation: Jiangxi Selon Industrial Co.Ltd(002748) Announcement No.: 2022018 Jiangxi Selon Industrial Co.Ltd(002748) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
√ the plan is not applicable to the company's share capital increase plan □ it is not applicable to the company's share capital increase plan in the audit report □ it is not applicable to the company's share capital increase plan, and it is not applicable to the company's share capital transfer plan in the non audit report period. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Jiangxi Selon Industrial Co.Ltd(002748) stock code Jiangxi Selon Industrial Co.Ltd(002748)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Li Jiaolong, fan sisi
Office address: Shilong Science Park, Leping Industrial Park, Jiangxi Province Shilong Science Park, Leping Industrial Park, Jiangxi Province
Fax: 07986806666
Tel: 07986735776
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
The company is a comprehensive chemical enterprise focusing on the production of fine chemical products, mainly engaged in the R & D, production and sales of AC foaming agent, sulfoxide chloride, chlor alkali, hydrogen peroxide and other chemical products.
(I) main products and uses
AC foaming agent is a kind of foaming agent with superior performance. AC foaming agent is mainly used for normal pressure foaming or pressure foaming of PVC, polyethylene, natural rubber and synthetic rubber, as well as flour modifier, fumigant and gas producing agent of airbag. AC foaming agent is widely used in shoemaking, tanning, building materials, household appliances and other industries. Due to the superior performance of AC foaming agent, AC foaming agent has been applied to new environmental protection and energy-saving material industries such as rubber and plastic insulation materials and automobile interiors in recent years, with broad market prospects.
Sulfoxide chloride is an important chemical intermediate, which is widely used in dye, medicine, pesticide and other industries. In recent years, the application methods of sulfoxide chloride have been continuously innovated. At present, sulfoxide chloride has been used in food additive industries such as the preparation of sucralose and new energy industries such as the production of lithium batteries. The downstream application fields have been continuously expanded and the market prospect is very broad.
Caustic soda is a very commonly used alkali. It is widely used in sewage treatment agents, basic analytical reagents, preparation of standard lye for analysis, manufacture of other reagents containing hydroxyl ions, etc. it has important applications in papermaking, printing and dyeing, wastewater treatment, electroplating and chemical drilling. The caustic soda produced by the company is mainly used to prepare sodium hypochlorite and then produce AC foaming agent.
Hydrogen peroxide is an important oxidant, bleach, disinfectant and dechlorination agent. It is mainly used in papermaking, textile, chemical industry, environmental protection and other application fields. Other new uses are still expanding. As a "green chemical", the application of hydrogen peroxide in various industries has attracted extensive attention all over the world and has broad market prospects.
(II) main business models
1. Procurement mode
The company adopts the procurement mode of unified procurement and centralized management, and the supply department is responsible for the procurement and supply of major raw materials, metal materials, building materials, hardware and electrical appliances, chemical reagents, rubber and plastic products, non-metallic sundries and various packaging materials. Through the collection and analysis of market information outside China, the supply department constantly adjusts and optimizes the supply channel management, procurement strategy and price management, so as to ensure the procurement quality and procurement time, save the procurement cost, and establish a long-term cooperation mechanism with suppliers with strong supply capacity, high cost performance and excellent product quality.
2. Production mode
The company implements the mode of combining production according to plan and production according to order, and timely holds production and operation meetings according to market changes to adjust the output and production direction of the current month and achieve dynamic balance. The company shall be responsible for the division of production mode and production process of each plant, and shall be responsible for the division of production mode and production safety of each plant according to the production mode of the company, and shall be responsible for the division of production mode and production process of each plant, so as to ensure the safety of products according to the production mode of the company. 3. Sales model
The company adopts the sales mode of direct selling, supplemented by distribution, and implementing point direct selling in key areas. Most products are sold directly by the company's sales department, and direct selling outlets are set up in Hebei, Jiangsu, Zhejiang, Fujian, Guangdong and other places where customers are concentrated to be responsible for regional sales and market development. In terms of export business, the company adopts the method of direct sales and directly signs agreements with foreign customers to sell products. The company now has its own import and export rights. The AC foaming agent produced by the company is mainly exported to Southeast Asia, Latin America, Africa, Russia, Turkey, the European Union (Germany, Italy) and other regions or countries.
(III) industry development
2021 is the first year of China's 14th five year plan, and the overall economic situation continues to be stable and good. Curbing the blind development of high energy consumption and high emission projects is the top priority of promoting carbon peaking and carbon neutralization during the 14th Five Year Plan period. In the second half of 2021, driven by China's "dual control of energy consumption" policy, the market purchase prices of bulk raw materials of the company showed an upward trend in varying degrees, the product cost increased, the start-up of Chinese caustic soda enterprises was obviously limited, and the market price of caustic soda rose sharply to the high level in recent years; At the same time, under the severe epidemic situation, foreign manufacturers have insufficient work and tight global supply. The market prices of the company's leading products such as AC foaming agent, caustic soda and thionyl chloride have risen one after another.
In recent years, China's Shanghai Chlor-Alkali Chemical Co.Ltd(600618) market has not shown obvious seasonal characteristics, and the factors affecting the market are relatively diversified, mainly reflected in the changes of product supply and demand, the purchase price of raw materials, national policies, etc. There are certain uncertainties in the economic situation in 2022, and the global economy is in the recovery period. With the development of the national "14th five year plan", the market of raw materials upstream of products is expected to continue to maintain a high position, which will bring certain cost support to the company's products. In 2022, China's chlor alkali market is expected to continue to maintain a relatively healthy development state. After the upstream and downstream enterprises gradually adapt to the impact of the national "dual control" policy on the market, the market price fluctuation may gradually tend to normalize, and the market is less likely to fluctuate violently without the influence of external factors. In the future, the capacity growth rate and speed of chlor alkali industry may become one of the main influencing factors of China's chlor alkali market. At the same time, the vigorous development of downstream industries will also greatly promote and support China's chlor alkali industry.
During the reporting period, the industry conditions of the company's main products are as follows:
1. In 2021, affected by the market supply and the national "dual control of energy consumption" policy, the market heat of AC foaming agent products rose, the market rose, and the product sales price increased significantly compared with the previous year. The company has an annual output capacity of 80000 tons of AC foaming agent, and its production and sales situation ranks second in the industry. During the reporting period, on the basis of ensuring the stable production capacity of AC foaming agent products, the company adjusted the corresponding sales strategy, focused on end customers, strengthened the strategic cooperation relationship with customers and stabilized the company's product sales. In the future, the company will continue to develop advanced technology, improve production technology and reduce production costs; On the other hand, realize product diversification, differentiation and high-end development. At the same time, the company will continue to give full play to the marketing advantages of "domestic trade and foreign trade", further improve the international brand image of the company's products and expand the export of AC products through international exhibitions and other means.
2. In recent years, due to the rapid expansion of the industry, serious overcapacity in China, extremely weak downstream market and unbalanced supply and demand structure, the product price of thionyl chloride products has hovered at a low level. Based on this situation, the price of raw materials of thionyl chloride products rose sharply in the reporting period, and the market value of thionyl chloride products was repositioned in the industry, from the original mode of determining production by sales to the market-oriented mode of determining production by sales. At the same time, the market of sucralose, the downstream product of sulfoxide chloride, rose, and the market of lithium difluorimide, the raw material of new energy electrolyte, is expected to be better. On the whole, the market situation of the company's thionyl chloride products is better this year, the sales price has increased significantly, and the gross profit margin of the products has also increased significantly compared with the previous year. In 2022, the company will seize the opportunity to continuously improve the production process, improve the product production technology, and better promote the expansion and extension of the industrial chain and the recycling of products.
3. In 2021, under the influence of the national "dual control of energy consumption" policy, China's liquid alkali changed the downward situation of price fluctuation in previous years and ushered in a strong cyclical market. During the reporting period, the supply of liquid alkali Market contracted, while its downstream profitability was good, and the price of liquid alkali products of the company increased significantly. The company has a strong ability to balance chlor alkali. In the future, the company will make full use of its own advantages, continue to expand the production scale of products, and strive to realize the expansion and extension of high concentration liquid alkali products in the market.
4. The downstream of hydrogen peroxide products are mainly chemical synthesis such as caprolactam, papermaking, cotton spinning, epoxy soybean oil and propylene oxide, as well as water treatment, disinfectant and other fields. In 2021, China's hydrogen peroxide production capacity gradually increased, and some downstream industries were impacted by covid-19 pneumonia and the "dual control of energy consumption" policy. The industry demand was weak, and the overall market of hydrogen peroxide products was in a downward state. The company actively expands the downstream market, further improves and optimizes the product pricing mechanism, locks in the product profit and strives for the optimal benefit of the product; At the same time, the company strives to form a long-term cooperation mechanism with customers and strive for a win-win situation between supply and demand.
(IV) industry position
The company is one of the main manufacturers of AC foaming agent and thionyl chloride in China, with high market share and brand awareness in China. The core technicians of the company participated in the formulation of the national standard Hg / t37882013 industrial thionyl chloride; The company is the director unit of AC foaming agent professional committee of China Chlor Alkali Industry Association. By December 2021, the company has 23 authorized national invention patents, including 17 for sulfoxide chloride products, 5 for AC foaming agent products and 1 for hydrazine hydrate products. The company has mastered the production technology of ultra-fine AC foaming agent and sulfur dioxide full cycle method to produce high-purity thionyl chloride, and has a number of independent intellectual property rights. The production technology of the company is at the leading level in China. The company has passed the three management system certifications of occupational health and safety, environment and quality. In 2009, 2012, 2015 and 2018, the company was recognized as a high-tech enterprise for many consecutive years. At present, the company is continuously promoting the application for the qualification of high-tech enterprises.
In 2019, the company passed the customs AEO advanced certification and obtained the AEO advanced certification enterprise certificate issued by Nanchang customs of the people's Republic of China. It is the first enterprise in the chemical industry in Jiangxi Province and the only enterprise in Jingdezhen area that has passed the advanced certification. In 2018, the company was selected as "top 100 Petrochina Company Limited(601857) and chemical private enterprises", and in 2019, 2020 and 2021, it was selected as "top 500 Petrochina Company Limited(601857) and chemical enterprises" and "top 100 manufacturing private enterprises in Jiangxi Province" for three consecutive years. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 188880935108187597209114 0.68% 1810 Wpg (Shanghai) Smart Water Public Co.Ltd(603956) 50
Net assets attributable to shareholders of listed companies 11637974104196956351670 20.03% 112180554036
20212020 year-on-year increase or decrease 2019
Operating income 217459311506157159689168 38.37% 184951217925
Attributable to shareholders of listed companies
