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【Chemical Machinery and Equipment Network Star Enterprise ] On October 22, Jiangsu Shentong Valve released the third quarter report for 2020.
In the third quarter, the company’s operating income was 469 million yuan, a year-on-year increase of 63.
46%; the net profit attributable to the parent was 67.
6191 million yuan, a year-on-year increase of 72.
46% .
The company's operating income in the first three quarters increased to 1.
136 billion yuan, an increase of 6.
09% year-on-year, and the net profit attributable to the parent increased to 162 million yuan, an increase of 23.
44% year-on-year.
Star Enterprise of Chemical Machinery Equipment NetworkChemical machinery and equipmentIn the third quarter, the company’s operating income was 469 million yuan, a year-on-year increase of 63.
46%; the net profit attributable to the parent was 67.
6191 million yuan, a year-on-year increase of 72.
46% .
The company's operating income in the first three quarters increased to 1.
136 billion yuan, an increase of 6.
09% year-on-year, and the net profit attributable to the parent increased to 162 million yuan, an increase of 23.
44% year-on-year.
In the first half of 2020, when the epidemic had a huge impact on the real economy, Jiangsu Shentong Valve obtained new orders of 1.
108 billion yuan, an increase of 393 million yuan over the same period last year.
Sufficient orders have laid a good foundation for the company's third quarter and future performance.
basis.
108 billion yuan, an increase of 393 million yuan over the same period last year.
Sufficient orders have laid a good foundation for the company's third quarter and future performance.
basis.
In the field of nuclear power spent fuel reprocessing, after Jiangsu Shentong Valve won an order of 132 million yuan in the first half of 2020, in early September, the company signed another 150 million yuan "equipment supply contract", which is expected to affect the company's operating performance in the next two years.
Bring a positive impact.
Bring a positive impact.
At the same time, Jiangsu Shentong Valve is actively promoting non-public stock issues.
It plans to privately issue 27.
1 million shares to strategic investor Tianjin Ansai, raising 170 million yuan, of which 150 million yuan will be used for the research and development of key equipment for spent fuel reprocessing.
Industrialization (Phase II) project.
As of the end of June 2020, a total of 47 nuclear power plants have been in operation in mainland China.
The corresponding annual output of spent fuel will reach more than 1,000 tons, and the processing capacity under construction is only about 200 tons.
The market demand for reprocessing of spent fuel in nuclear power plants is urgent.
It plans to privately issue 27.
1 million shares to strategic investor Tianjin Ansai, raising 170 million yuan, of which 150 million yuan will be used for the research and development of key equipment for spent fuel reprocessing.
Industrialization (Phase II) project.
As of the end of June 2020, a total of 47 nuclear power plants have been in operation in mainland China.
The corresponding annual output of spent fuel will reach more than 1,000 tons, and the processing capacity under construction is only about 200 tons.
The market demand for reprocessing of spent fuel in nuclear power plants is urgent.
At present, Jiangsu Shentong Valve has sufficient orders and cash flow*.
Under the environment of accelerated approval of new nuclear power projects and steady progress in the construction of spent fuel reprocessing, the beautiful performance of the first three quarters may just be the beginning, and its future performance is more worth looking forward to.
.
Under the environment of accelerated approval of new nuclear power projects and steady progress in the construction of spent fuel reprocessing, the beautiful performance of the first three quarters may just be the beginning, and its future performance is more worth looking forward to.
.
Jiangsu Shentong Valve is mainly engaged in the blast furnace gas dry dust removal system, converter gas dust removal and recovery system, coke oven flue gas dust removal system, special valves and flanges for gas pipe network systems used in the field of metallurgy, and nuclear-grade butterfly valves used in nuclear power plants , Nuclear-grade ball valves, nuclear-grade flanges and forgings, non-nuclear-grade butterfly valves, non-nuclear-grade ball valves and their supporting equipment, as well as applications in coal chemical industry, ultra (super) critical thermal power, LNG ultra-low temperature valves, petroleum and petrochemical* valves, flanges and forgings The research and development, production and sales of the company are mainly based on the model of "production based on sales".
A few days ago, Jiangsu Province* expert group conducted on-site acceptance of the "High-performance Valve High-Value* Cultivation Demonstration Center" project led by Jiangsu Shentong Valve.
The implementation of this project has driven the company's operating income growth rate of more than 30% for two consecutive years, effectively enhancing the company's core competitiveness, and providing a model for the development of the valve industry.
The implementation of this project has driven the company's operating income growth rate of more than 30% for two consecutive years, effectively enhancing the company's core competitiveness, and providing a model for the development of the valve industry.
Original title: Shentong Valve's net profit attributable to the parent in the first three quarters increased by 23.
44% year-on-year
44% year-on-year
