On April 22, Hengli industry (000622) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 343192051.65 yuan, a year-on-year decrease of 0.70%; The net profit attributable to shareholders of listed companies was 2948808.18 yuan, a year-on-year decrease of 75.13%.
During the reporting period, the net cash flow from operating activities was 6932564.99 yuan, and the net assets attributable to shareholders of listed companies were 205780934.13 yuan by the end of 2020.
Novel coronavirus pneumonia was a very unusual year in 2020. Affected by the global spread of the new crown pneumonia epidemic, the economic level of the world has been seriously declining, international trade has shrunk sharply and financial markets have been severely shocked. 2020 is the closing year of the 13th five year plan, and the country’s comprehensive deepening of reform has opened a new page. In the face of the severe and complex international situation and arduous domestic reform and development tasks, the people of all ethnic groups across the country face up to the challenges and work hard. Major achievements have been made in epidemic prevention and control, and the economic operation has continued to improve and pick up. In 2020, China will become the only country in the world to achieve economic growth. With the overall control of the domestic epidemic situation, since the second quarter, the resumption of work and production has gradually returned to normal. Stimulated by a series of favorable factors such as the elimination of backward production capacity and the upgrading of emission standards, the annual market showed a trend of low in the front and high in the back. Overall, the performance of the automotive industry in 2020 is better than expected, in which the production and sales of commercial vehicles increased by 20% and 18.7% respectively, especially the production and sales of new energy vehicles increased by 7.5% and 10.9% respectively.
During the reporting period, the company paid close attention to and responded to the impact of the epidemic situation and changes in the industry, and actively grasped the opportunity of market recovery and growth. Under the leadership of the company’s board of directors, the company adhered to the main line of work of “facing difficulties, grasping opportunities in danger, and making innovative breakthroughs”, and adopted such means as “reducing costs, improving efficiency, creating models, and expanding the market” to focus on both anti epidemic and production, The annual operating revenue is about 343192100 yuan, and the total profit is about 2893500 yuan. Seizing the opportunity of rapid development of truck and construction machinery industry, the company has achieved continuous improvement in the number of customers, business scale and product quality, further enhanced the level of standardized operation and management, and laid a solid foundation for the sustainable, healthy and stable high-quality development of the company.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 2.9348 million yuan. Ma Weijin, chairman of the board, received a total pre tax remuneration of 487300 yuan from the company; Lu Youbang, the president, received a total pre tax remuneration of 406700 yuan from the company; Zhang Hua, director, vice president and chief financial officer, received a total pre tax remuneration of 319600 yuan from the company; Li Tao, vice president and Secretary of the board of directors, received a total pre tax remuneration of 317000 yuan from the company; Vice president Wang Qingjie received a total pre tax remuneration of 314400 yuan from the company.
According to the data of digbei.com, the business nature of Hengli industry is the production and sales of products. Its main business activities include the production and sales of refrigeration and air conditioning equipment, and the sales of cars (including cars); Processing, sales of machinery and equipment; Provide refrigeration and air conditioning equipment installation, maintenance and transportation services of raw materials and products; Engaging in real estate operation and property management with qualification certificate; Self owned house leasing; Industrial investment; Investment management（ Projects with special state approval can be carried out only after approval). After previous adjustments, the headquarters of the group company no longer produces and sells related auto parts products, and its main manufacturing and sales business has been transferred to Yueyang Hengli Auto Parts Co., Ltd., a wholly-owned subsidiary.