Yibin Tianyuan Group Co.Ltd(002386) 4 on the evening of April 28, the annual report of 2021 was released. The company achieved an operating revenue of 18.825 billion yuan in 2021, a year-on-year decrease of 13.03%; The net profit attributable to the shareholders of the listed company was 641 million yuan, a year-on-year increase of 453.23%, the best level in history; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 626 million yuan, with a year-on-year increase of 796.58%; The basic earnings per share is 82.0 yuan. The company plans to distribute a cash dividend of 2.75 yuan (including tax) for every 10 shares to all shareholders and increase 3 shares for every 10 shares to all shareholders with capital reserve.
The annual report shows that in 2021, the development strategy of Yibin Tianyuan Group Co.Ltd(002386) “one body and two wings” entered the harvest period, and the transformation projects achieved remarkable results. The high-level operation of chlor alkali plant has made the greatest contribution to the substantial growth of annual business performance. The expansion project of Haifeng Hetai chlorinated titanium dioxide, a subsidiary of the company, was successfully completed, and the capacity scale was further expanded. The market sales of the subsidiary Tianyi company have been greatly expanded, and the proportion of large orders and large projects has been increasing, which has greatly hedged and digested the impact of the sharp rise in the price of PVC raw materials. In addition, the subsidiaries Mabian Changhe and Yunnan Tianyuan seized the rare historic opportunity and timely adjusted the operation mode according to the production and operation conditions. They made profits of 120 million yuan and 146 million yuan respectively from loss to profit, and achieved historic breakthroughs in their business performance. Yibin Libao, an important joint-stock company, signed a strategic cooperation agreement with Contemporary Amperex Technology Co.Limited(300750) with a year-on-year increase of 6.3 times in revenue and 14 times in net profit. The pattern of the company’s strategic transformation has been further consolidated, laying a solid industrial foundation for subsequent development.
In recent years, leading enterprises in Contemporary Amperex Technology Co.Limited(300750) , Chengdu Xgimi Technology Co.Ltd(688696) , Geely Automobile and other industries and supporting pillar enterprises in the lithium battery industry chain have settled in Yibin one after another. As a local enterprise in Yibin, Yibin Tianyuan Group Co.Ltd(002386) the new chemical materials and new energy battery materials are highly consistent with the development strategy of Yibin, forming a joint force for development.
In March 2021, Yibin Tianyuan Group Co.Ltd(002386) , Contemporary Amperex Technology Co.Limited(300750) and Yibin Libao jointly signed a comprehensive strategic cooperation agreement, Contemporary Amperex Technology Co.Limited(300750) under the same conditions of fair market price, it is agreed that in the next ten years (20212030), the cathode material products produced by Yibin Libao will be given priority to purchase no less than 200000 tons, no less than 15000 tons in 2021 and no less than 25000 tons in 2022. At present, Yibin Libao’s supply of Contemporary Amperex Technology Co.Limited(300750) is increasing.
According to the development plan of Yibin Tianyuan Group Co.Ltd(002386) , the lithium battery industry will form an annual production capacity of 100000 tons of ternary cathode materials in the future. With the gradual operation of Contemporary Amperex Technology Co.Limited(300750) in Sichuan times phase I project, a wholly-owned subsidiary of Yibin, and the increasing investment in Yibin, the demand for ternary cathode materials is increasing. To this end, the company adjusted its development plan. The medium-term planning capacity of ternary cathode material is 150000 tons / year.
Yibin Tianyuan Group Co.Ltd(002386) said that the company will try its best to seize the great opportunity of Yibin to expand and strengthen the 300 billion power battery industry cluster and build the power battery capital of the world, and accelerate the construction progress of lithium iron phosphate integration project; Promote the layout of the battery recycling industry chain and strive to become the second largest pillar state-owned enterprise in Yibin and the largest lithium battery material enterprise after the Sichuan era.
On the same day, Yibin Tianyuan Group Co.Ltd(002386) released the report for the first quarter of 2022. The company achieved an operating revenue of 3.898 billion yuan in the first quarter, a year-on-year decrease of 11.5%; The net profit attributable to the shareholders of the listed company was 172 million yuan, a year-on-year increase of 41.69%; The basic earnings per share is 0.22 yuan.
