Overseas business breakthroughs and superimposed high-end products drive Taijia’s net profit to increase by nearly 70% in 2021_Oriental Fortune Net

On the evening of February 28,Taijia sharesDisclosure of the 2021 Annual Report.The annual report shows that the company’s total annual revenue was 527 million yuan, a year-on-year increase of 30.46%;net profitIt was 69.82 million yuan, a year-on-year increase of 68.03%; the annual earnings per share was 0.34 yuan per share, and the return on net assets reached 13.15%. At the same time, the company disclosed a profit distribution plan, and proposed to distribute a cash dividend of 1.5 yuan (tax included) for every 10 shares.

For 2021performancesubstantial growth,Taijia sharesSaid that the rapid development of overseas markets has brought important increments. On the basis of overcoming the impact of the epidemic, the company’s overseas business has made breakthroughs in the promotion of mid-to-high-end products, the cultivation and development of its own brand market, and the expansion of new customers. The annual export revenue achieved 114 million yuan, a year-on-year increase of 90.36%.

also,Taijia sharesBreakthroughs have also been made in high-end products. In 2021, the company will focus on application scenarios such as military industry, aerospace, large-scale forging, and new energy, and will launch three customized high-end product series. During the reporting period, the sales of high-end Taiju HB series products increased by 8.84% year-on-year; the sales of carbide band saw blades increased by 57.88% year-on-year.

Taijia shares said that the follow-up company will expand the “direct cultivation + industry”fund“Investment” development foundation, stabilize the fundamentals, expand new businesses, build new capabilities, and allocate various resources for the development and integration of the second main business.Consumer ElectronicsThe business has been cultivated into a new performance growth point.In terms of industrial investment, Taijia has currently invested in three industrial funds, namely Jinpu Science and Technology Innovation, Fengyuan No. 1, and Jiaxing Hairong, respectively.semiconductorprecision materials,Consumer Electronicsfield.

(Article Source:securitiesDaily Network)

Article source: Securities Daily Network

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Original title: Overseas business breakthroughs and superimposed high-end products drive Taijia’s net profit to increase by nearly 70% in 2021