Shanghai Baosteel Packaging Co.Ltd(601968) 2021 net profit 271 million yuan, an increase of 70.49%

disclose the annual report on April 30, 2016. During the reporting period, the company achieved an operating revenue of 6.968 billion yuan, a year-on-year increase of 20.44%; The net profit was 271 million yuan, a year-on-year increase of 70.49%; The basic earnings per share is 0.26 yuan / share. The company plans to pay 1.20 yuan / (including tax) for 10 years.

The company is a leading enterprise specializing in the production of metal packaging of FMCG such as food and beverage in China. Its products include metal two-piece cans and supporting easy pull covers, packaging iron printing products and new material packaging. It is a leader in the field of high-end metal packaging of FMCG in China and one of the industry standard setters.

In 2021, under the influence of multiple factors such as repeated epidemics and large fluctuations in the price of upstream raw materials, the company responded to the complex business environment, took effective measures to ensure production and promote operation, continuously optimized the market business layout, strengthened regional coordination, improved the overall production and operation efficiency and core competitiveness, fully completed the core business objectives in 2021, and the business performance exceeded expectations. During the reporting period, the company realized the income of metal beverage cans of 5.917 billion yuan and the income of packaging color printing iron of 1.031 billion yuan.

During the reporting period, the company completed the issuance of shares to purchase assets. In February 2021, the company completed the transfer procedures and relevant change registration procedures of 47.51% equity of Hebei Baosteel can making north Co., Ltd., Wuhan Shanghai Baosteel Packaging Co.Ltd(601968) Co., Ltd., Foshan Baosteel can making Co., Ltd. and Harbin Baosteel can making Co., Ltd. In March 2021, the registration procedures of China Securities Depository and Clearing Corporation Shanghai Branch for issuing shares to purchase assets and the delivery of share issuance were completed. As of the end of the reporting period, the company holds 100% equity of Hebei can making, Wuhan packaging, Foshan can making and Harbin can making.

The company said that in the future, focusing on the management theme of “comprehensively benchmarking and finding differences, and creating a world-class”, the company will focus on strategic objectives, effectively promote the implementation of the “two wheel drive” strategy with the vision of “becoming a leader in the innovative application of advanced packaging materials”, and realize the continuous growth of the company’s scale, performance and market value. The company will accelerate the transformation and development, pursue the breakthrough of incremental business and realize the “pursuit of excellence”; Consolidate the business foundation, improve the system management ability, and continue to build core competitive advantages; Optimize the corporate governance structure and improve the ability of risk control; Strengthen top-level design, lead innovation, lay a solid foundation, continue to increase investment in innovation resources, and actively integrate into Baowu iron and steel ecosystem. By stimulating the motivation and organizational vitality of the whole staff, Shanghai Baosteel Packaging Co.Ltd(601968) will be built into a leader in the innovative application of advanced packaging materials.

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