This report is from China Listed Companies Network: Since the reform and opening up, China has undergone rapid industrialization and urbanization, and the national economy has achieved remarkable development, but with the improvement of the level of economic development, industrial energy consumption has continued to increase, and the problem of air pollution with respirable particulate matter (PM10) and fine particulate matter (PM2.5) as characteristic pollutants has become more and more serious, and in heavy industrial bases and large and medium-sized cities, air pollution is particularly serious. The situation is particularly serious.
Flue gas dedusting and denitrification are the two major business sectors of air pollution treatment, and the market capacity of air pollution treatment in China will keep increasing by about 10-15% in the next 5-10 years. (hereinafter referred to as "Yuanchen Technology" or "the Company") and other high-quality enterprises have been developing rapidly and gradually appearing in the capital market.
As an old company established in 2005, Yuanchen Technology is mainly engaged in the research and development, production, sales and service of filtration materials and flue gas purification series environmental protection products, the main products are various kinds of high temperature and corrosion resistant filter bags and SCR denitrification catalysts, which are mainly used in industries and fields such as power, steel and coking, waste incineration, cement and glass.
Stable operating results and record high revenue and net profit
It is understood that since its establishment, Yuanchen Technology, which has attracted much attention, has always been based on the national strategy, established the global professional brand of "Yuanchen Technology", abided by the business philosophy of "full quality, full marketing, full accounting and full service", and insisted on "We have become the innovator, promoter, integrator and leader in the field of filtration materials and flue gas purification, and at the same time, the company's business performance has continued to develop in recent years and has also reached an unprecedented height.
In this IPO, Yuanchen Technology intends to issue not more than 4000.00 shares, accounting for 25.00% of the total share capital after the issue. According to the prospectus, Yuanchen Technology intends to raise 300 million yuan for future expansion of business investment funds, in 2017 the company has achieved an impressive annual operating income of 267 million yuan, of course, dazzling performance did not stop Yuanchen Technology further development trend, 2018 to 2019, Yuanchen Technology to live up to expectations, to achieve annual operating income of 324 million yuan and 363 million yuan, realizing the vision of steady growth in operating performance.
Over the years, the total net profit of Yuanchen Technology has also achieved steady growth in recent years. During the reporting period, the company's net profit achieved an outstanding performance of 35.946 million yuan, 37.8606 million yuan and 59.1129 million yuan respectively, and in 2020, under the general environment affected by the epidemic, the annual report disclosed a breakthrough in net profit for the year, which recorded an impressive achievement of 62.290 million yuan.
Burying head in solid research and development and insisting on independent innovation
Since its inception, Yuanchen Technology has been working hard, step by step, solidly engaged in research and development, through long-term research and development and practice, the overall design capability and research and development capability is high, forming a superior product with independent intellectual property rights, the products produced have good stability, strong applicability, superior performance characteristics, to meet the needs of medium and high-end customers, at the same time, the company with unremitting persistence and efforts to obtain national and At the same time, the company has been recognized by the state and the industry with its unremitting persistence and efforts, and once became a national high-tech enterprise, a provincial innovative pilot enterprise, a provincial enterprise technology center, a municipal engineering technology research center and a postdoctoral research station. Yuanchen Technology insists on the road of "industry-academia-research" combination, continuously digesting and absorbing advanced technologies at home and abroad, possessing independent intellectual property rights and forming continuous innovation ability, thus laying a dominant position in the flue gas purification industry.
With decades of continuous efforts, Yuanchen Technology has built a laboratory with advanced equipment and perfect functions, and has CNAS and CMA qualifications. The company has 57 authorized patents, including 20 invention patents and 37 utility models. The company has undertaken 4 national projects, won 1 second prize and 2 third prizes of Anhui Provincial Science and Technology Progress Award, 1 provincial high-tech product and 12 provincial key new products.
Service and brand advantages are deeply sought after by customers and win wide recognition
Behind the silent efforts, customer satisfaction has continued to climb and the company brand has been recognized by more customers, which is the most pertinent affirmation for Yuanchen Technology. Through quick response, training and institutionalized customer return strategy, combined with the service tenet of "anytime, anywhere" and "whole process", Yuanchen provides continuous and effective services to customers before, during and after sales, and personalized solutions for customers' needs. Through international marketing and customer service, the company is providing quality products to international customers, which also provides strong support for the development and continuous growth of the company's business.
The effectiveness of the company's business management over the years has won wide recognition from customers and peers. Companies such as Longjing Environmental Protection, State Power Investment Group, CLP Guorui, Qingxin Environment, Shougang Jingtang, Anfeng Steel, China Resources Cement and Xinyi Glass have once become the most important partners of the company, creating value for the whole industry together.
Follow national policy guidelines Broad market prospect
In recent years, the government has gradually recognized the need for synergistic development of economic development and environmental protection, and environmental pollution control has been elevated to a national strategy, with awareness of environmental protection being strengthened at the decision-making level and the concept of ecological civilization gradually beginning to be established. At the same time, the State Council also issued red-headed documents like "Notice on the Issuance of the Action Plan for the Prevention and Control of Air Pollution (Guo Fa [2013] No. 37)" and "Opinions of the State Council on Accelerating the Development of Energy Conservation and Environmental Protection Industry", proposing that after five years of efforts, the overall air quality of the country will improve, heavy polluted weather will be reduced substantially, and the air quality of Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta and other regions will improve significantly, striving to Another five years or more, the gradual elimination of heavy polluted weather, the national air quality improved significantly.
With the increasing requirements of national pollution control, filter materials and denitrification products have a broad market development prospect, thus bringing new development opportunities for Yuanchen Technology and other enterprises. At the same time, the promulgation of national industrial policy encourages, focuses on or gives priority to the development of the manufacture and application of flue gas dust removal and denitrification products, laying a good foundation for the future development of the company.
Based on the present, looking at the world, Yuanchen people have always been reverent and dedicated to the cause and strive for a good job!
