Focus on steady operation of main business Infore Environment Technology Group Co.Ltd(000967) 2021 revenue exceeding RMB 11.8 billion

On April 29, Infore Environment Technology Group Co.Ltd(000967) (Stock Code: Infore Environment Technology Group Co.Ltd(000967) ) officially released the annual report for 2021. The report disclosed that Infore Environment Technology Group Co.Ltd(000967) achieved an operating revenue of 11.814 billion yuan and a net profit attributable to the parent company of 728 million yuan in 2021. Due to the divestiture of the electromagnetic line business, the proportion of smart sanitation revenue in the main business increased from 72.03% to 78.19%, and continued to focus on the main business. The revenue from environmental sanitation services of strategic business continued to grow rapidly, reaching 3.025 billion yuan, a year-on-year increase of 53.66%. The cash flow from operating activities was 809 million yuan, the balance of cash and cash equivalents was 4.119 billion yuan, the net profit cash ratio reached 1.11, and the operation of the enterprise was stable. During the reporting period, a cash dividend of RMB 1.00 (including tax) was distributed for every 10 shares, the amount of cash dividend was RMB 318 million, and the total dividend for three years (excluding repurchase) was RMB 1.039 billion. In 2021, the total cash dividend accounted for 43.65% of the net profit attributable to the parent company, which continued to return high dividends to shareholders. The annual tax verified and paid was 690 million yuan, actively contributing to national development.

In 2021, in the face of multiple challenges from the external environment, such as repeated epidemics, high fluctuations in commodity prices, and differentiation of global economic recovery, Infore Environment Technology Group Co.Ltd(000967) actively responded to and continued to promote change. Through industrial focus, strengthening team building, establishing partnership mechanism, strengthening technological innovation and product R & D, digital transformation, and comprehensively implementing information construction, the company’s operation and management and business capacity were continuously improved, Provide new impetus for the steady development of the company. During the reporting period, the company’s asset liability ratio continued to decline, reaching 39.10%, the proportion of long-term debt increased from 15.31% to 26.65%, the debt structure was continuously optimized, the current ratio increased from 1.51 to 1.70, the quick ratio increased from 1.38 to 1.55, and the solvency was continuously enhanced. Continuously revitalize the company’s assets and effectively improve the quality of its stock and operation, so as to ensure the sustainable development of the company’s assets.

In 2021, Infore Environment Technology Group Co.Ltd(000967) Bingfeng Zhengrui ranked second in the brand value list of Listed Companies in China’s environmental protection industry with a brand gold content of 3.529 billion yuan. During the reporting period, relying on its strong advantages in the field of sanitation equipment, the company continued to focus on the smart sanitation strategy with “smart equipment, smart cloud platform and smart service” as the core, realizing a smart sanitation business revenue of 9.237 billion yuan, accounting for 78.19% of the operating revenue, showing a development trend of continuous leadership of sanitation equipment and rapid growth of sanitation services.

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