Expected to achieve six consecutive increases
Du Changhong, the company's secretary-general, believes that the company's operations in the first three quarters of this year can only be said to be relatively stable, but we have noticed that the company has continued the good tradition of increasing net profit in previous years over the growth rate of revenue in the same period. In the case of macroeconomics such as slowdown in infrastructure investment and lower GDP growth, the industry's competition has intensified, the company's third quarter report of the top three main business income of superhard materials, metal powder, super-hard composite materials gross profit margins have The growth has increased by 2.34%, 0.90%, and 14.07%, respectively. The company did not give up profits in order to fight the market.
The company's 2014 annual business target is: In 2014, the company plans to achieve operating income of 17-18 billion yuan, and plans to achieve a net profit of 2.2-2.4 billion yuan attributable to ordinary shareholders of listed companies. If this goal is to be achieved, the operating pressure in the fourth quarter will be greater. But it is not easy to be able to grow every year. In the past five years, the company has achieved good results in continuous growth in operating income and net profit. From 2009 to 2013, the operating income was 598 million yuan, 821 million yuan, 1.019 billion yuan, 1.255 billion yuan, and 1.5 billion yuan, respectively. 37.29%, 24.11%, 12.08%, 19.52%; net profit was 29.8988 million yuan, 67.576 million yuan, 13,082,900 yuan, 170,175,400 yuan, 209,495,500 yuan, an increase of 126%, 193%, 30%, 22%. At present, the company is expected to achieve 6 consecutive increases this year.
Continuously extending the industrial chain
The Yellow River Cyclone is the earliest enterprise in China that combines R&D and production management of super-hard materials. It has long been committed to the research and application of super-hard materials. Currently, the company is one of the largest synthetic diamond manufacturers in China; the production capacity is about 3 billion. Carat/year; domestic market share is about 30%. The company's goal is to create "the world's most complete range of super-hard material manufacturers", and has become a manufacturer of super-hard materials and products with a complete range of products in China and around the world. It can provide customers with product categories, complete specifications and performance. Stable all kinds of superhard materials and products, including superhard material single crystals and products, cubic boron nitride and products, diamond polycrystals and products, and auxiliary materials for superhard materials.
In March of this year, the company launched an additional issuance plan, which is currently being accepted. It plans to increase the number of funds by no less than 5.71 yuan per share to 187 million shares, and the total amount of funds raised will not exceed 1.067 billion yuan, of which 68.02 million yuan will be invested in the surface metal of superhard materials. Industrialization of single crystal and high-quality micro-powder, 236.8 million yuan invested in the production line of super-hard materials. The construction period is 2.5 years. After the project is put into production, it is expected to increase sales income of 752.10 million yuan and net profit of 114.48 million yuan.
The company will make full use of the advantages of technology, brand, customer and sales channels accumulated in the past. On the one hand, it will further consolidate its current industry position and improve its own super-hard material industry chain; on the other hand, it plans to rhythmically increase the business of super-hard materials intermediate products. The development of the company enters the high value-added field of the industry and systematically enhances the overall scale of operations and profitability of the company.
R&D lays the foundation for development
China's superhard materials industry has made great achievements after nearly 50 years of development, and has formed a relatively complete industrial chain. With the continuous improvement of synthetic diamond grades, its excellent performance is expected to be more widely used in high-tech fields. The developed countries in the world all regard superhard materials and products including synthetic diamonds as the development focus. The research and application level of superhard materials and products represent the level of scientific and technological development of a country to some extent.
In accordance with the established strategic plan, the company continues to maintain the super-hard material single crystal as the main industry, with the development strategy of super-hard composite materials and metal powder as the main business, further increase the investment in scientific research, and adhere to the scientific and technological innovation to promote the sustainable and healthy development of enterprises. . This year's semi-annual report shows that the company's research and development spending increased by 41.33% year-on-
Due to the company's emphasis on research and development, the company has implemented 32 national and provincial scientific research projects, and only has more than 70 core independent intellectual property rights in the field of synthetic diamond large-tonnage presses, and won the provincial and ministerial level scientific and technological progress awards. With more than 100 national patents, the R&D capabilities of eight leading-edge fields such as large-grain synthetic diamond and super-hard composite sheets are in a leading position.
In addition, the company also attaches great importance to the transformation of research projects and technology into productivity. Accelerate the research and development and transformation of the "new technologies, new processes, new performances" three new projects, enhance the industrialization level of scientific and technological innovation, and therefore the company has mastered many unique processes.
Polishing Machine
The abrasive polishing uses abrasive cloth strips, sisal and abrasive rolls as abrasives to sharpen the edge of the workpiece, the surface burrs and the edge of the workpiece after painting; the function is complete, the processing range is wide, mainly used for the door plate and the bottom plate. Paint polishing, including solid wood doors, composite doors, sticker doors, cabinet doors, wardrobe doors, and other door panels, such as PU, paint panels, primer panels, polishing of white workpieces can be used. It can replace the polishing worker to complete the work efficiently.
Main Features
Specification & installation
machine configuration
4 discs, 2 straight rollers, steel plated countertops, plain gauze strips (6 lanes)
Grinding roller support material
New anti-static sisal silk
Abrasive cloth strip: ordinary sand cloth strip (single side)
motor
Pure copper core GB motor
Electrical configuration
Qingdao Hailing Modular Machine Inverter, Chint Contactor, Chint Relay, Delixi Transformer,
Delixi phase sequence protector, LED lighting
We distributes and wholesales various brands of Bonded Abrasives , Abrasive Sanding Disc, Grinding Wheels , Flap Wheels , Flap Disc Backing Pad, Flap Disc Adhesive, and Surface Conditioning Product etc, and enjoy a high position among consumers.
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Zhengzhou Jiading Abrasive Manufacturing Co.,Ltd , https://www.jiadingabrasive.com