Wolong Electric Group Co.Ltd(600580) focusing on the development of motor drive industry and focusing on the strategic goal of “global motor industry No.1”, continue to promote the construction of “technology leading” and “technology intensive” enterprises, and achieve stable growth in performance. The 2021 annual report released on April 29 shows that the net profit during the reporting period was 988 million yuan, a year-on-year increase of 13.96%; The operating revenue was 13.999 billion yuan, a year-on-year increase of 11.41%; Earnings per share was 0.7593 yuan, a year-on-year increase of 14.15%.
Wolong Electric Group Co.Ltd(600580) ‘s operating and financial indicators have generally maintained a steady trend, and the operating revenue of motor and control business has increased significantly year-on-year.
During the reporting period, Wolong Electric Group Co.Ltd(600580) continued to promote technological innovation and industrial transformation and upgrading, with a R & D cost of 515 million yuan, a year-on-year increase of 28.33%. The company has launched various high-tech products and won a number of national and provincial science and technology awards. A number of new products have reached the international leading level after being identified by experts; The company has made significant progress in the expansion of electric transportation. In the field of new energy vehicles, the brand and technology of Wolong ZF joint venture have been continuously exported, and the products have been installed in large quantities on luxury models in Europe and America; In the field of passenger cars, it has successfully broken through key customers such as Xiaopeng, Geely, Wuling and WeiPai; In the field of commercial vehicles, the business with the leading manufacturers in Yutong, Sany, Weichai, Geely and other sub sectors continues to expand; In the field of electric aviation, it has obtained the first batch of orders from a central enterprise customer and achieved a breakthrough in new products and new markets; He took the lead in compiling the airworthiness standard of electric propulsion system of electric aircraft, which has improved its popularity in the field of electric aviation.
In 2022, the company plans to realize an operating revenue of 16.078 billion yuan and a net profit attributable to the owner of the parent company of 1.205 billion yuan. In order to ensure rapid growth in 2022, promote digital transformation and comply with the trend of low-carbon, the company will comply with the trend of dual carbon economy, actively layout the matrix of efficient, energy-saving and low-carbon products, green transportation and actively promote the electrification of water, land and air transportation; Accelerate the transformation from “focusing on the production and manufacturing of motor body” to “paying equal attention to motor manufacturing, providing motor power system solutions and providing motor life cycle service solutions”; Continue to promote the “three digitization” strategy of product digitization, factory digitization and management digitization, and accelerate the promotion of the strategic goal of “global motor industry No.1”.
On the same day, the company disclosed the report of the first quarter of 2022, realizing an operating revenue of 3.527 billion yuan, a year-on-year increase of 18.02%; The net profit attributable to the shareholders of the listed company was 198 million yuan, a year-on-year increase of 50.46%; The basic earnings per share is 0.1524 yuan / share.
