CNNC Titanium Dioxide: Double growth in revenue and net profit in 2021, net profit will increase by 156.03%

China Nuclear Titanium Dioxide (002145) disclosed its 2021 annual report on the evening of April 26.
The report shows that the company achieved operating income of 5.
374 billion yuan in 2021, a year-on-year increase of 44.
64%; net profit attributable to the parent was 1.
217 billion yuan, a year-on-year increase of 156.
03%; Share income 0.
5924 yuan / share
.
In addition, it is planned to distribute a cash dividend of 0.
80 yuan (tax included) to all shareholders for every 10 shares, and at the same time, use the capital reserve to transfer 4.
5 shares to all shareholders for every 10 shares
.

During the reporting period, the company achieved a finished output of rutile titanium dioxide of 324,200 tons, a slight increase over the same period last year; the sales of titanium dioxide finished products was 323,700 tons, a slight increase over the same period last year
.
The company earnestly implements the annual production and operation plan, relies on the advantages of raw materials, strengthens cost control, and continuously reduces the comprehensive cost of main products
.
Benefiting from the high industry prosperity and strong demand for main products, the company's profitability has been further improved
.

CNNC Titanium Dioxide is mainly engaged in the research and development, production and sales of rutile titanium dioxide
.
The company has been deeply engaged in the industry where its main business is located for many years.
After more than 20 years of industry leadership and technological innovation, it has accumulated profound resources, experience, talents and technologies in the research and development, production and sales of titanium dioxide by sulfuric acid method
.

In terms of technology research and development, the company has developed a number of new products based on the needs of market users, and has now formed 8 major product series
.
In recent years, the company's innovative achievements have emerged continuously, including 19 authorized invention patents and 62 authorized utility model patents.
Many patent achievements have been promoted and applied in production
.

CNNC Titanium Dioxide said that the company plans to focus on the four major business sectors of "resources, titanium chemical industry, new materials, and new energy" during the 14th Five-Year Plan period, comprehensively deploy the upstream and downstream of the industrial chain, and create a "sulfur-phosphorus-iron-titanium-lithium" green Circular industrial economy
.
Continue to promote the project construction, transform and upgrade from a single titanium dioxide production enterprise to a leading high-tech enterprise of new energy materials in China
.