On March 26, Shaangu power (601369) released the 2020 annual performance express announcement, which showed that the total operating revenue from January to December 2020 was 8064929035.08 yuan, an increase of 10.42% over the same period of last year; the net profit attributable to shareholders of listed companies was 684182927.52 yuan, an increase of 13.44% over the same period of last year.

According to the announcement, the total assets of Shaangu power was 22986610260.18 yuan, an increase of 11.26% over the beginning of this report period; the basic earnings per share was 0.4123 yuan, compared with 0.3625 yuan in the same period of last year.
Since 2020, one belt, one road, has been organized by the board of directors of the company. The management and staff of the company have always kept the spirit of the striving City, persisting in the market concept of “finding products for users only, not looking for products for customers”. Rapid development and business transformation of the industry core competence and basic management support, to achieve steady growth of the company’s performance.
During the reporting period, the company’s total operating revenue, operating profit, total profit and net profit attributable to shareholders of listed companies all increased compared with the same period of last year. Among them, the net profit after deducting non recurring profit and loss attributable to shareholders of listed companies increased by 66.09% over the same period of last year, mainly because the company seized the market opportunity, focused on the distributed energy market, deepened and improved the incentive mechanism, optimized the operation and management system, ensured the full implementation of the contract, and the contract performance rate continued to grow; the company continued to strengthen the internal management, fully tap the potential, reduce costs and increase efficiency, and realized the goal The company’s business scale, operating revenue, cost expense ratio, asset impairment and non recurring profit and loss increased significantly.
According to the data of digbei.com, the power business of Shaangu is divided into three business sectors, namely “energy conversion equipment manufacturing, industrial services and energy infrastructure operation”.