The hottest yaopi glass reported a net profit of 0

2022-08-23
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Yaopi glass: the net profit of 2017 interim report was 17 million, with a year-on-year increase of 75.03%

in the first half of 2017, the company focused on the business strategy of "enhancing the profitability of its main business and ensuring asset liquidity", actively studied and judged the industry situation, gave full play to the company's technical advantages and innovative spirit, deepened the upstream and downstream integration and differentiated competitive strategy, increased market expansion, strengthened product research and development and upgrading, strengthened refined management, and reduced operating costs, Enhance the core competitiveness of enterprises. In the first half of the year, the company achieved an operating revenue of 1.506 billion yuan, a year-on-year increase of 8.05%, and the net profit attributable to shareholders of listed companies was 17.1771 million yuan, a year-on-year increase of 76.86%

in the first half of 2017, the company's main business conditions are as follows:

(I) enhanced profitability of float glass business

the company's float glass business sector strengthened operation and management through measures such as stable production, refining process, optimizing sales strategy, segmenting market and customers, enhanced profitability and achieved better development

during the reporting period, the company strengthened the integration of float business. First, actively upgrade products, vigorously expand high value-added products, black privacy glass, and significantly increase the number of orders received; Fully follow up the black home appliance market and strengthen the research and development of new products; Stabilize the production of a green products and optimize the product structure; Intensify efforts to develop coating differentiated products such as self-cleaning glass and antireflection glass; Actively expand the market of high value-added differentiated products and the export market of F green and a green. Second, strengthen performance appraisal, improve product quality by improving and strengthening process flow, improving operation level and other measures, and actively promote the use of modified iron frame instead of wooden cases to save packaging costs and achieve cost reduction and efficiency increase

(II) the automotive glass processing business maintained stable growth

through the extension of the industrial chain and cross-border integration, the automotive glass processing business accelerated the pace of product structure adjustment, increased the proportion of high value-added products, actively carried out domestic market layout and expanded overseas markets, and realized the stable growth of sales revenue and profits

during the reporting period, the products have enriched the varieties of locomotive glass, home appliance glass, skylight assembly and so on; In terms of market, the implementation of strategic and selective order taking in the vehicle business has improved the quality of the company's orders, continuously improved the domestic market share, smoothly expanded the foreign market, and continuously increased the supply volume; In terms of technology, we should strengthen scientific research and development, carry out forward-looking research and development of automotive glass, and continuously mass produce research projects, so as to provide guarantee for the stable growth of the company's business

(III) seek development in the dilemma of building glass processing business

the rise in the price of the original film has brought a negative impact on the deep processing business of building glass, the demand for high-end projects in the construction processing market has decreased, resulting in fierce market competition and enterprise development challenges

facing the severe market environment, on the one hand, the company pays more attention to the operation quality, improves the health and sustainable operation potential of the enterprise through internal tapping, and enhances the competitiveness of the enterprise. On the other hand, the company has improved the complexity of products, improved market services, stabilized product prices, and continuously increased market development. The orders of high value-added products such as Shuangyin and Sanyin, as well as a number of influential benchmark projects, have laid an important foundation for the company's business development

(IV) scientific and technological innovation helps enterprise development

the company continues to be intelligent and convenient to promote the research and development of differentiated products, and quickly promote market application. A number of new products, such as self-cleaning glass, solar eclipse glass, thin glass Low-E coated glass, ultra-low reflectance Low-E coated glass, have been tested, debugged and successfully sold commercially. By the end of June, the commercial sales revenue of new products had exceeded 100 million. At present, the company has a total of 63 valid authorized patents, of which:

24 are invention patents and 39 are utility model patents

II. Description of the company's main business, business model and industry situation during the reporting period

1. Main business

the company's main business is the production and sales of float glass, architectural processing glass and automotive processing glass

float glass business: the company has two production bases in Tianjin and Changshu, and its main products include high-end automotive glass originals, EA hard coated low radiation glass, ultra white glass, solar panel glass and special energy-saving glass

building processing glass business: the company has four production bases in Shanghai, Tianjin, Jiangmen and Chongqing. Its main products include offline low-E coating, energy-saving hollow, safety interlayer, colored glaze and other high-performance, energy-saving and environmental friendly building processing glass. The product quality and service have been highly recognized by customers and are widely used in global landmark energy-saving and environmental protection buildings

automotive glass processing business: the company has four production bases in Shanghai, Yizheng, Wuhan and Changshu. It is mainly engaged in the R & D, manufacturing and sales of OEM automotive glass and glass assemblies. Its main products include all kinds of automotive front and rear blocks, doors and side window glasses. It has become an excellent supplier of well-known automotive manufacturers at home and abroad

2. Main business model

the company adheres to the industrial development strategy of "upstream and downstream integration" and the competitive strategy of "differentiated" products, builds a unified management information platform, and implements centralized management of business operations. We are committed to the construction of industrial value chain and create value for customers

3. Industry situation

in the first half of 2017, the float glass market operated smoothly, showing the characteristics of rising prices, cost regression, increased benefits and so on. By spending as much money on the rise of market prices, the recovery of production capacity has been promoted. At the same time, the rapid development of the automobile market has driven the demand for the original pieces of float glass to a certain extent, and the output of float glass has increased year-on-year

the rise in the price of the original float glass has brought a large cost to the downstream construction deep-processing enterprises. The hot runner, micro injection and follow-up waterway are combined to optimize the quality of injection molding products and molds, squeezing the profits of the glass processing business. In recent years, homogeneous competition has led to the decline of the price of processed glass products, even below the cost line, making it difficult for the construction and processing glass industry to operate

the overall operation of the automotive industry is stable

in the first half of 2017, although the year-on-year growth rate of automobile production and sales slowed down, there was still a certain increase

with the promotion of new energy and intelligent vehicles, automotive glass is developing in the direction of lightweight, intelligence and integration, and the automotive processing glass industry still has great development opportunities

under the internal economic cycle, in April 2021, China Chengdu Construction Expo set up seven technology R & D departments, including the R & D center of advanced technology forming equipment and process technology, the R & D center of advanced cast aluminum alloy, and the R & D center of high-end deformed aluminum alloy, to talk about new opportunities in the industry with you

in 2020, with the outbreak of the global epidemic to the effective control of the prevention and control of the domestic epidemic, the global economic pattern has also changed greatly, China is pursuing [details]

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