Established a renewable resource recycling business segment, Shanying International, with a 10% increase in net profit in 2021_Oriental Fortune Network

April 16,Shanying InternationalPublish the 2021 annual report.During the reporting period, theOperating income33.033 billion yuan, a year-on-year increase of 32.29%; attributable to listed companiesshareholderofnet profit1.516 billion yuan, a year-on-year increase of 9.74%.

It is reported that the company through self-built andM&AContinuously improve the domestic regional layout. At present, there are five papermaking bases in Ma’anshan, Anhui, Jiaxing, Zhejiang, Zhangzhou, Fujian, Jingzhou, Hubei, and Zhaoqing, Guangdong. The existing production capacity is about 6 million tons, ranking the top three in the industry; the company’s packaging sector is located along the river. The economically developed coastal area is close to the gathering place of the industry’s leading customers. The industry spreads to Jiangsu, Zhejiang, Anhui, Fujian, Guangdong, Hubei, Shandong, Sichuan, Tianjin and other provinces and cities. The annual output exceeds 1.9 billion square meters, ranking second in China.

It is worth noting that in 2021, the company will establish a renewable resource recycling business segment, and will incorporate its subsidiaries Ningbo Huanshen and Yunrong Network into the segment to focus on development.Online and offlineThe dual combination promotes the company’s domestic renewable resource recovery business. Offline, Ningbo Huanshen is rapidly advancing the construction of an urban renewable resource sorting center, and online Yunrong Network has built a renewable resource recycling network platform to provide the government with five-stream visualization tools for renewable resource recycling networks within its jurisdiction, and promote efficient and orderly management by local governments The field of renewable resource recycling that was difficult to reach in the past. During the reporting period, the company built 25 sorting centers by itself and joint ventures nationwide, and the recycling scale of all types of renewable resources reached 96,000 tons. Committed to becoming a full-scene, full-category, full-chain, and integrated urban environment service provider.

　　Shanying InternationalSaid that the company will continue to increase the output of the five bases under the premise of strictly abiding by safety and environmental protection standards, and strive to achieve a domestic paper production and sales volume of more than 6.5 million tons. On the basis of ensuring safe production, the five major domestic papermaking bases will continue to promote lean production and further improve machine efficiency.At the same time, through digital empowerment of all links of national waste procurement, the establishment ofOnline and offlineRecycling twin system, continue to innovate in recycling mode and method, and establish a unique Shanying regenerated fiber recycling system. Actively explore cooperation with packaging companies and downstream end customers to develop personalized recycling solutions to achieve a green, environmentally friendly and circular recycling ecology.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: The establishment of the renewable resource recycling business segment Shanying International will increase its net profit by 10% in 2021