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On April 25, Huafon Microfiber released its 2021 annual report
During the reporting period, the company's main products, microfiber bottom blanks, suede materials, and microfiber synthetic leather, achieved operating income of 2.
In 2021, Huafeng Microfiber will not distribute cash dividends, send bonus shares, or convert capital reserves into share capital
The report pointed out that in 2021, the subsidiary Jiangsu Microfiber Nylon 6 project will be successfully launched, and the products will be launched to the market smoothly, and the market position of Huafon Microfiber Nylon products will be preliminarily established
In terms of technological innovation, in 2021, the company's Dingdao suede car interior suede project has made a major breakthrough; Dingdao nylon suede project, recycling nylon, polyester and bio-based product development and other key projects are efficiently advanced; sofa, shoe Projects such as low-cost wet-process resin and base fabric development, and low-cost dyeing resin development have added impetus to reduce costs and increase efficiency
At the same time, in 2021, the company's automotive product market sales will increase by about 30% year-on-year, and a number of milestone breakthroughs have been achieved, and a number of important model projects have been successfully identified.
In addition, the company's management attaches great importance to technology research and development, and gives full support to the company's technology research and development in many aspects
According to public information, Huafeng Microfiber has been focusing on the research and development, production and sales of microfiber materials since its establishment