Profit of over 200 million Jinpu Titanium Industry's rutile titanium dioxide sales have grown rapidly

On April 19, Jinpu Titanium released its 2017 annual report
.
The report pointed out that in 2017, Jinpu Titanium achieved a total operating income of 1.
74 billion yuan, a year-on-year increase of 66.
43%; realized a total profit of 203 million yuan, an increase of 44.
31% over the same period last year; realized a net profit of 166 million yuan attributable to shareholders of listed companies.
A year-on-year increase of 37.
27%, a total of 135,353 tons of self-produced titanium dioxide was completed, a year-on-year increase of 32.
34%, and 127,880 tons of titanium dioxide sales were completed, a year-on-year increase of 24.
51%
.
Major accounting data and financial indicators in the past three years The major accounting data and financial indicator reports of Jinpu Titanium Industry in the past three years show that during the reporting period, the main reason for the year-on-year increase in the company’s operating income and net profit was due to the indirect wholly-owned subsidiary Xuzhou Titanium.
White has been fully put into production.
On the other hand, the price and sales volume of titanium dioxide continue to rise
.
From the product point of view, a total of 135,353 tons of self-produced titanium dioxide was completed, a year-on-year increase of 32.
34%, and 127,880 tons of titanium dioxide sales were completed, a year-on-year increase of 24.
51%
.
Among them, the revenue of rutile titanium dioxide increased by 83.
17% year-on-year, the revenue of anatase type titanium dioxide increased by 46.
21% year-on-year, and the gross profit margin increased by 5.
55% and 8.
08% respectively
.
Production and sales volume of rutile and anatase titanium dioxide From the perspective of business model, Jinpu Titanium mainly uses direct sales, focusing on the domestic market, with a small amount of products for export
.
At the same time, during the reporting period, Gimpo Titanium also adjusted technology, market, management system and other aspects: 1.
Nanjing Titanium Dioxide adopted technological innovation and technological transformation to carry out comprehensive environmental protection, energy saving and consumption reduction and quality improvement measures.
The product quality has been improved and the consumption reduced, the yellow gypsum production rate has been drastically reduced, and the environmental risk has been drastically reduced; Xuzhou titanium dioxide has been eliminated through technical reforms, and gradually realized full-load and stable production, product output has been steadily improved, and rutile product quality has been steadily improved
.
2.
The sales company seizes market opportunities, increases sales by maintaining key customers, vigorously develops potential customers, and actively expands cooperation with e-commerce platforms, etc.
, basically achieving a balance of production and sales under the condition of multiple growth of rutile output; supply companies are actively doing Good market analysis, firmly controlling the prices of bulk raw materials such as titanium ore, and making full use of the advantages of centralized procurement to achieve the best cost-effective procurement; China World Trade Corporation actively expands the international market, and the total export volume of titanium dioxide in 2017 increased by 40% year-on-year
.
3.
Improve the HSE management system, improve the safety and environmental protection quality education of all employees, strengthen the management of environmental protection facilities, and ensure compliance with emissions; strengthen the professional management of equipment, strengthen the trinity of equipment inspections by functional departments, workshop managers, and operators, and focus on key equipment maintenance , Renovation and special equipment routine maintenance, due inspection and verification and safe use management work, the completion rate of special equipment due inspection is 100%
.
In the whole year, the intact rate of the main equipment of the production plant was 98.
19%, and the intact rate of all equipment was 98.
54%
.
Ensure long-term operation of production equipment
.
4.
In order to meet the needs of innovation and development, Nanjing Titanium Dioxide transferred to the Jiangbei New District to lease a laboratory with an area of ​​over 1000m2 in the R&D center to build a functional titanium dioxide R&D center.
The research institute has been relocated to the new R&D center at the end of September to conduct comprehensive research.
Work
.
Nanjing Titanium Dioxide has a provincial-level recognized enterprise technology center and a provincial-level functional titanium dioxide engineering technology research center
.
In 2017, it applied for the construction of "Nanjing Functional Titanium Dioxide Engineering Laboratory", which was approved by the Municipal Development and Reform Commission and entered the formal construction stage
.
In accordance with the company's technical development needs, the institute applied for 18 Nanjing enterprise research and development project plans in 2017, and the research and development work was carried out in an orderly manner
.
5.
In 2017, the comprehensive management work focused on coordinated and integrated operations, and focused on improving the assessment of each unit and department, and coordinated the seamless connection of production, supply and marketing departments
.
In response to the new situation, Jinpu Titanium has improved its sales and supply systems, optimized operating procedures, and improved operating efficiency
.
Continue to effectively carry out the "calibration for the first" work, promote the reduction of energy and material consumption indicators, and improve product quality
.
(Source: China Chemical Network)