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Thursday, 08/19/2021 5:35:03 PM

Thursday, August 19, 2021 5:35:03 PM

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Zhuyou Zhizao Technology's interim results released: operating income increased by 48%, net profit increased by 185%.

source
https://cj.sina.com.cn/articles/view/2311077472/89c03e6002001qdfr

August 12, 2021 20:40 The Voice of Securities Daily

On August 12, Zhuyou Group's listed company segment-Zhuyou Zhizao Technology Group Co., Ltd. (stock code: 07726.HK, hereinafter referred to as "Zhuyou Zhizao Technology") held a 2021 interim results conference, and disclosed at the meeting The results of the 2021 interim performance of Zhuyou Zhizao Technology were reviewed, and the questions that investors were concerned about were answered. Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology, and Hu Zhenbang, chief financial officer, attended the press conference.

The picture shows Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology.

Steady improvement in performance
Net profit increased by 185% year-on-year.
From the perspective of financial data, Zhuyou Zhizao Technology achieved operating income of HK$594 million in the first half of 2021, a year-on-year increase of 48%; realized gross profit of HK$170 million, a year-on-year increase of 51%, and net profit a year-on-year increase of 185%; mid-year balance of funds was 4.9 Billion Hong Kong dollars, a substantial increase of 94% year-on-year; the main business income of PC components and patent licensing reached 498 million Hong Kong dollars, a year-on-year increase of 35%.
The steady growth of core financial indicators such as revenue scale, profitability, and capital reserves indicates that the company has continued to improve in terms of growth, stability and risk resistance.


The steady growth of performance in the first half of the year was mainly due to the correct corporate strategy. Under the guidance of the smart home smart manufacturing strategy, Zhuyou Smart Manufacturing Technology has firmly established the corporate mission of smart building a better life and the corporate positioning of "Smart Building Total Solution Service Provider" , With "new situation, new thinking, new model and new growth" as the general work policy, comprehensively promote the construction of the entire industrial chain of prefabricated buildings. At the same time, give full play to the company's scientific and technological research and development advantages and the professional capabilities of the entire industry chain, and continue to promote the realization of business performance goals and the steady growth of various core indicators.

Significant operating results
The scale effect is prominent.
It is worth noting that in the first half of the year, Zhuyou Intelligent Manufacturing Technology has achieved good results in factory operations through focusing on operations and promoting high-quality development. The company's new business growth points have been tapped, and the scale effect is becoming increasingly prominent.
In terms of factory operation, Zhuyou Smart Manufacturing Technology signed a new PC contract of 1.568 billion yuan in the first half of 2021, a year-on-year increase of 369%; the factory's output in the first half of the year reached 154,600 cubic meters, a year-on-year increase of 24%; the factory’s on-hand order reserve was 549,100 cubic meters , A year-on-year increase of 73%; TOP30 customers accounted for 32% of PC orders,
and successfully won the bid for the annual centralized procurement of 9 units including China City Alliance, China Construction Third Engineering Bureau, China Construction Eighth Engineering Bureau, Zhengzhou Vanke and Hunan Poly, which is a performance increase Provided a strong guarantee; 4 commercial concrete stations in Dengfeng, Ruyang, Queshan and Yuxi were put into operation smoothly, contributing new business growth points.

In terms of scale effect, Zhuyou Intelligent Manufacturing Technology continued to exert its efforts in the entire industry chain. In the first half of the year, the company achieved a total contract value of 2.601 billion yuan, a year-on-year increase of 477%, of which the newly entered decoration and garden business in the second half of 2020 achieved a contract value of 5.19 100 million yuan. The scale of the factory layout is steadily advancing. In the first half of the year, 1 new investment agreement was signed (Shipeng, Foshan), 1 new asset-light factory (Renqiu, Hebei), and 3 new production factories (Dengfeng, Qijiang, Huidong) were all realized. Profitable, with a total of 18 production plants (including Tongxu Decoration Industrial Park). As of June 30, 2021, the company has deployed 44 green building technology parks in 16 provinces and cities across the country.

Carrying the banner of the industry
Juli Digital Intelligence and Ecological Platform Construction.

As a "intelligent building overall solution service provider", Zhuyou Intelligent Manufacturing Technology insists on "leading technology". In the first half of the year, a number of cutting-edge achievements in the industry were launched, and the effect of digital intelligence empowerment is obvious. The “Thirteenth Five-Year” national key R&D project undertaken by the company passed the acceptance of the expert group. Among them, the subject of "Automatic Combination Forming Technology and Equipment for Wall Panel Components Reinforcement Framework" was evaluated by the review expert group as "the overall results of the project reached the international advanced level"; MES2.0 was launched in 5 factories, which greatly improved operation efficiency; Intelligent mold arrangement system 1.0 realized a 75% increase in operation efficiency. The parent company successfully held the awarding ceremony and opening ceremony of the national post-doctoral scientific research workstation. The company was awarded 4 honors such as the small giant enterprise in Hunan Province and the specialized and new small and medium-sized enterprises in Henan Province.

In addition, in the first half of the year, Zhuyou Smart Manufacturing Technology also held the Zhuyou Home Smart Manufacturing Ecological Conference based on the overall development trend of the industry’s entire industrial chain. The industry leader is the first to explore a complete industry ecosystem platform and promote industry cooperation and win-win”, which has received wide attention from the industry.

Focusing on future development, Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology, said: “The national macro-control policies put forward new requirements for real estate development companies and also pose new challenges to the construction industry. The country’s 14th Five-Year Plan is in progress. The'green ecology' indicator and the national carbon peak and carbon neutral strategic goals have brought unprecedented development opportunities to the prefabricated construction industry. Zhuyou Smart Manufacturing Technology will adhere to the'Fourth' under the guidance of the Smart Home Strategy Big focus' (focusing on R&D breakthroughs, focusing on design leadership, focusing on scientific investment, focusing on organizational efficiency), while doing a good job in business operations, continue to build an ecological cooperation platform for the whole industry chain to collaborate and win-win, through the "technology sharing, standard co-construction , Industry’s win-win approach, and work with companies in all sectors of the industry to promote the coordinated development of the entire industry chain; continue to explore and apply green buildings and digital intelligence technologies to help China’s new urbanization and prefabricated Contribute to the achievement of its carbon peak and carbon neutral strategic goals."

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