Plum biology is now more than 1 billion, the annual report fine-dissolved amino acids.

On March 22, Meihua Bio disclosed its annual report of RMB11,132 million, up 0.36% YoY, while net profit was RMB1,174 million, up 12.66% YoY, and earnings per share were RMB0.38At present, the company's cash flow is relatively abundant, the asset and liability structure is more reasonable, in accordance with the provisions of the Articles of Association, in order to better return shareholders, the company's proposed profit distribution plan (plan) is based on the share capital of 3,073,691,738 shares (total share capital of 3,108,226,603 Shares, of which 34,534,865 shares of inventory shares used in subsequent employee shareholding plans are distributed to all shareholders with a cash dividend of RMB3.30 (including tax) per 10 shares, and a total cash dividend of RMB1,014,318,273.54 (including tax)L88annual report said that amino acid products in the production of sucone, lysine as a necessary amino acid to promote animal growth and nutrient absorption, widely used in pig, poultry, aquatic products and other products, China is the world's largest sucone, lysine producer, consumer and exporter, in addition to meeting the needs of the country, sucnine and lysine more than half of exports to foreign countriesAt present, the downstream customers of sucone and lysine are mainly feed farming industry, according to the survey report released by Otch, the total feed production in 2017 reached 1.07 billion tons, an increase of 2.57% YoY, so the downstream demand of susine and lysine is relatively stableIn 2018, the company will complete an annual production capacity of 400,000 tons of animal nutrition amino acids in The first phase of Jilin Baicheng, which will become the world's largest supplier of lysineL88reporting period, affected by a number of factors, large-scale amino acids such as sucone, lysine and other product prices fluctuated significantlyAfter the reform of the corn storage system, raw material prices have been greatly reduced, enterprise efficiency has rebounded, leading to a number of amino acid enterprises have expanded production, but also attracted upstream and downstream enterprises to invest in the construction of lysine, Susine projects, the industry will face a new round of reshuffleL88the following from the 2017 Annual Report of Meihua Bio L882017 Amino acids: L88Susine phase supply tight, export growth, price shock rise L88China is still the world's largest production of Sunine, domestic Sunine production enterprises have plum, Feng, Ispin, Chengfu, Dacheng, Xijie, China's suline export volume of about 70% In the third quarter of 2017, due to exchange rate fluctuations, environmental inspections, plant shutdowns and maintenance and other factories led to a phased supply of susineL88through the 2017 price trend can be seen, before May due to limited domestic demand, corn prices continue to decline, low production costs, feed corn addition proportion relatively increased, sucone use decreased, prices continued to decline, the end of August, the company began to use in the production of susine capacity and scale advantages, as well as based on mature market trading experience, accurately grasp the procurement node, through the form of phase controlL88 lysine due to different location led to cost differentiation, the overall profitability of the industry stable improvement L88 the current major lysine production enterprises have Dentons biochemical technology, plum biology, Ningxia Yipin biology, taste of the product, Hijie During the reporting period, China's existing manufacturers' production technology was further optimized, coupled with a decline in the cost of major raw materials, further enhancing their share in the global market Corn prices fell briefly after the Spring Festival in 2017 and then rose sharply, with the cost of lysine manufacturers in northeast China, Shandong and Xinjiang sharply divided due to the government's corn subsidy policy in the northeast L88 overall, lysine production profits in 2017 are considerable, and the factory start rate remains high During the reporting period, 98.5% of domestic lysine supply and demand is tight, 70% lysine supply and demand is slightly loose, downstream demand continues the trend of recovery, industry profitability stable increase Due to china-Russia trade disputes, China's exports may continue to affect the future In the past two years, due to the reform of the national corn storage system, corn deep processing enterprises in the Northeast region investment and construction projects surge L88 from the full-year price trend, lysine prices continued to decline in the first quarter of 2017, mainly due to the decline in raw material prices, coupled with weak downstream demand for lysine, prices continued to decline Lysine prices have risen significantly since the beginning of June, reaching a peak of full-year prices in September, corn prices are rising, supporting lysine production costs, factories hold a strong price mentality, lysine prices continue to rise L88 the supply of tryptophan is tight, with record prices for L88 2017 tryptophan prices are significantly higher than in 2016 Since April, the price of soybean meal has gradually increased, feed plants have actively changed the formula, the proportion of soybean meal addition in feed has decreased, the proportion of tryptophan added has increased, and demand has increased Overall, the 2017 tryptophan supply pattern is more stable, driven by demand, and global prices are rising to new highs L88 capacity expansion: L88 the advantages of product production capacity continue to expand, further enhance the scale effect, enhance market share L88 reporting period, the company closely follow the market, take the initiative to grasp the animal nutrition amino acids and yellow raw rubber products at home and abroad strong domestic and foreign demand, give full play to the domestic and foreign market supply and pricing voice, and actively increase sales at the same time gradually increase prices, for the company to create greater revenue At the same time, due to the company's Susine and Huangyuan rubber products in short supply, the company has been in the reporting period in Tongliao Meihua and Xinjiang Meihua two bases to add the above-mentioned product sephaving capacity to meet the tight market demand During the reporting period, thanks to the company's better market trading ability, in the case of increased supply, the full-year price of Susine remained at about 10,000 yuan In 2017, the company's sales department is planning-centric, market-oriented, relying on the company's scale effect of susine production and sales, 2017 annual report 16 / 177 domestic and foreign trade combined, through domestic trade price protection, foreign trade increase in the way, advance judgment, accurately grasp the demand end procurement node, the use of the price band way, to promote the price of Susine products up to 15,000 yuan / ton L88 August 10, 2017, the company and the White City People's Government, Jilin Baicheng Industrial Park Management Committee signed a project investment contract to establish a new wholly-owned subsidiary in Baicheng, Jilin Province, the new company named Jilin Meihua Amino Acid Co., Ltd., is expected to invest 2.5-35 billion yuan to build a new 400,000 tons of animal nutrition amino acids and its supporting projects L88 overseas markets: L88 "Belt and Road" strategy and the opening of the Central European class highlights the geographical advantages of Xinjiang Meihua, but also provides an unprecedented opportunity for the company's international market development L88 keeping up with the national "Belt and Road" strategy is an important part of the company's global business strategy, the company has been constantly expanding overseas market development efforts, expand sales areas, improve the company's core products international market share and global impact In the second half of 2017, the company took full advantage of the historical opportunity of opening the border between Xinjiang Urumqi and Rotterdam, the Netherlands, and changed the traditional shipping mode of the export products of The New Xinjiang Meihua (the company's original goods need to be transported by rail from Urumqi, Xinjiang to Tianjin Port, and then by sea to Rotterdam, the Netherlands), with an average of about 40 containers of about 900 tons of products, expanding the "one" line The markets and channels of the belt", which have increased sales in these regions, and greatly saved the time of product transportation to Europe (the transport cycle was shortened by about 1 month), while reducing the cost of transportation, and more importantly, the opening of the Central European class line highlighted the geographical advantages of the new Xinjiang plum blossom, further enhance the competitiveness of Xinjiang plum products, and inject greater vitality into the production capacity of Xinjiang plum blossoms During the reporting period, the company's overseas sales revenue accounted for about 28%, with operations in more than 150 countries, of which more than 50 were "Belt and Road" countries L88 and a number of industry-leading companies such as miso, to help the company's business globalization strategy to promote L88 reporting period, the company and miso and other industry outstanding enterprises to carry out strategic cooperation, the parties to jointly explore new product development and marketing work to enhance market share and competitiveness Among them, the company's strategic cooperation with the miso, by the company to provide animal nutrition amino acid products OEM services, further proved that the company's production management and product quality has reached the international leading level, this also for the company to further expand the international market, enhance overseas market share, increase the international impact of the industry laid the foundation for the future internationalization of the company's business and the upgrading of the global strategic layout L88 costs, environmental protection: L88 main raw material seduing corn supply side reform continues to advance, corn demand moderate growth, price volatility strengthens, coal prices continue the upward trend L88 2016 corn supply side reform started well, 2017 to deepen the progress, under the active guidance of the policy, the full year jade rice area and production is expected to decline for two consecutive years, with the focus of the knife area of the projected reduction of more than 20 million mu Downstream feed and deep processing demand continued to grow in 2017 The integration of the feed industry accelerated, the gradual withdrawal of small households, scale, intensification continued to improve, led to the growth of feed sales, feed corn consumption of 130 million tons, up 4% year-on-year (data source: Zhuocheng Information) The deep processing industry is profitable and its production capacity continues to expand L88 reporting period, the country's policy in the coal industry began to be more relaxed, moving from de-capacity to supply-in-line However, the supply and demand situation of the thermal coal market in 2017 continued the tight balance of 2016 due to factors such as safety production inspection, air pollution control and restrictions on coal pipe tickets for origin Although the national "supply-guaranteed, stable coal price" measures are frequently introduced, but in the downstream demand, the thermal coal market continued to rise, coal prices in 2017 is much higher than the NDRC set a reasonable range L88 scale advantage, location advantage brought about by the cost of the leading l88 report that the current two production bases in Tongliao and Xinjiang are equipped with a complete integrated production line of comprehensive utilization of resources, on the one hand can heat, power supply, supply steam and produce some of the main chemical accessories, with supporting sulfuric acid plant, synthetic ammonia workshop, to achieve the step distribution of energy distribution, reduce production costs, on the other hand, the core raw materials", "dry", on the other hand, "To achieve from the first process of product production, until the discharge of waste water, waste residue all into products and by-products, the real realization of the circular economy, is the longest domestic industrial chain, the highest comprehensive utilization of resources of one of the modern production enterprises, and the two bases are in corn, coal and other raw materials main production area, because corn and fuel amino acid production of the two most important raw materials, the total production cost of about 60%, the production base is located in the original location The advantage of material cost makes the company more in a more favorable position than the fermentation production enterprises in other regions in terms of product production costs L88 2018 the company will complete an annual production capacity of 400,000 tons of animal nutrition amino acids in The first phase of Jilin Baicheng, which will become the world's largest supplier of lysine L88 the industry's leading environmental management advantage L88 in water recycling, the company actively carry out water conservation and emission reduction, increase the investment of water reuse facilities, the implementation of comprehensive use of wastewater, the reporting period to reduce sewage emissions amounted to 8400m3 /d In the odor and flue gas control, the company introduced a number of international advanced environmental protection technology and facilities, the production process of exhaust gas and soot in-depth control, the non-organized odor to further collect and control, eliminate odor emissions, so that external emission indicators are far better than national emission standards L88 2017 was described as the "worst ever" year for environmental verification, while the Ministry of Environmental Protection set up a special environmental inspection team to conduct regular surprise inspections of major production enterprises in the provinces In August, the central environmental protection inspection team stationed in Xinjiang, the inspection team carried out a special inspection of the production base of Xinjiang Meihua, Xinjiang Meihua successfully passed the environmental inspection, the inspection team also fully recognized the company's environmental protection management In addition, Tongliao Meihua was again named as "energy-saving and environmental protection model enterprise" by the China Biofermentation Industry Association in October L88 March 22, Meihua Bio disclosed its annual report on 2017 revenue of RMB11,132 million, up 0.36% YoY, while net profit was RMB1.174 billion, up 12.66% YoY, and earnings per share was RMB0.38 At present, the company's cash flow is relatively abundant, the asset and liability structure is more reasonable, in accordance with the provisions of the Articles of Association, in order to better return shareholders, the company's proposed profit distribution plan (plan) is based on the share capital of 3,073,691,738 shares (total share capital of 3,108,226,603 Shares, of which 34,534,865 shares of inventory shares used in subsequent employee shareholding plans are distributed to all shareholders with a cash dividend of RMB3.30 (including tax) per 10 shares, and a total cash dividend of RMB1,014,318,273.54 (including tax) L88 annual report said that amino acid products in the production of sucone, lysine as a necessary amino acid to promote animal growth and nutrient absorption, widely used in pig, poultry, aquatic products and other products, China is the world's largest sucone, lysine producer, consumer and exporter, in addition to meeting the needs of the country, sucnine and lysine more than half of exports to foreign countries At present, the downstream customers of sucone and lysine are mainly feed farming industry, according to the survey report released by Otch, the total feed production in 2017 reached 1.07 billion tons, an increase of 2.57% YoY, so the downstream demand of susine and lysine is relatively stable In 2018, the company will complete an annual production capacity of 400,000 tons of animal nutrition amino acids in The first phase of Jilin Baicheng, which will become the world's largest supplier of lysine L88 reporting period, affected by a number of factors, large-scale amino acids such as sucone, lysine and other product prices fluctuated significantly After the reform of the corn storage system, raw material prices have been greatly reduced, and the benefits of enterprises have rebounded, resulting in a number of amino acid enterprises have expanded production, but also attracted upstream and downstream.