On the evening of April 28, Liao Ning Oxiranchem Inc(300082) released the annual report of 2021. In 2021, the company achieved an operating revenue of 6.717 billion yuan, a year-on-year increase of 17.67%; The net profit attributable to shareholders of listed companies was 352 million yuan, a year-on-year decrease of 12.54%. It is worth noting that during the reporting period, the company sold 26800 tons of lithium battery electrolyte solvent additives, with a gross profit of 125 million yuan.
In 2021, Liao Ning Oxiranchem Inc(300082) closely focused on the annual production and operation plan, strengthened confidence in development, took seeking progress while maintaining stability as the general tone, strengthened market research and judgment, and strengthened marketing strategy. In the construction chemicals sector, we always adhere to the concept of “focusing on industry and refining the main industry”, further increase the production and sales of the company’s main products and improve the market share of products. During the reporting period, the sales volume of the company’s main product polycarboxylate water reducer polyether monomer was 795900 tons, a year-on-year increase of 20.19%; Sales revenue increased by 20.89% year-on-year. In the new energy materials sector, the company has deeply explored the market of carbonate series products, established a strategic partnership with Sinochem Lantian Group Co., Ltd., and actively explored overseas markets. Its products are exported to Europe and the United States. In the medical and health sector, actively broaden the pharmaceutical market channels, develop the high-end API Market and improve the market competitiveness of the company’s products.
Liao Ning Oxiranchem Inc(300082) also actively organized all departments to prepare the 14th five year development plan, which was deliberated and approved by the board of directors of the company on April 16, 2021. The company bravely seized the strategic development opportunity of resource utilization of carbon dioxide. The company has always adhered to the basic development strategy of “creating value based on ethylene oxide”. During the reporting period, the company signed the investment agreement of oak West headquarters and carbon dioxide comprehensive utilization project with the Management Committee of Chengdu new materials industry functional zone, laid out the new energy materials industry chain in Chengdu, and established a cooperative relationship with Shenzhen Yanyi new materials Co., Ltd. in the development and industrial application of lithium battery electrolyte solvent and lithium battery electrolyte related chemicals, Further promote the realization of the company’s strategic objectives of focusing on the development of new materials for epoxy derived new energy batteries and strengthening the resource utilization of carbon dioxide during the 14th Five Year Plan period. In addition, the construction of ethylene oxide green energy new material project invested and constructed by the company in Yangpu, Hainan has started.
During the reporting period, relying on independent research and development and industry university research cooperation, the company actively promoted the transformation of new product achievements, continuously improved the scientific and technological content of products, carried out industrial trial production of more than 20 achievements in seven series, and enriched the variety of products of the company. Plan and implement the financial capital system control, establish a unified capital management system, strengthen the supervision of capital revenue and expenditure, accelerate capital turnover, improve the efficiency and efficiency of capital use, and improve the ability of capital to resist risks.
