On May 20, the 2021 annual performance briefing meeting of Xinxing Casting Pipe was held at the panoramic road show. This annual performance briefing was held in a remote way. Wang Zhongcheng attended the briefing.
At the exchange meeting, when asked about the performance improvement of the 1.94 million-ton coking project, He Qishu, secretary of the party committee, chairman and general manager of Xinxing Casting Pipe, said that the 940,000-ton coking project is a cooperation between the company and local enterprises, using the production capacity of all parties, Through the replacement of production capacity, a joint venture company was jointly established to undertake the project, the purpose of which is to build a green factory and improve the company’s equipment level. The project adopts the tamping coke process and builds two 6.73-meter reheating tamping coke ovens. The equipment selection of the project is reasonable, the coke can meet the company’s production needs; the coke oven gas can guarantee the company’s production; it is more conducive to improving the company’s market competitiveness and business performance level, which is in line with the company’s overall development strategy and the interests of all shareholders. The two coke ovens have been completed and put into operation, which will effectively improve the company’s operating performance.
According to the information from Tianyancha, the main products of Xinxing Casting Pipes are centrifugal ductile iron pipes and pipe fittings, steel smelting and rolling products, casting products, steel-plastic composite pipes, steel gratings, special steel pipes, etc. At present, the company has five product series of “Xinxing Casting Pipe”, “Xinxing Steel”, “Xinxing Casting”, “Xinxing Pipe” and “Xinxing Grid”.
Panorama.com has learned that since its establishment, the company has continuously used technological innovation and optimized capital layout as new driving forces, strengthened the leading role of innovation, optimized the layout of capital in spatial regions and industrial chain supply chains, and focused on strategic layout, technological innovation, customer service, Refinement management and brand reputation have formed unique competitiveness.
In terms of strategic layout advantages, Xinxing Casting Pipe has formed a production capacity layout of ductile iron pipes covering major regions at home and abroad through strategic cooperation, mergers and acquisitions, asset reorganization, etc. Guanghua Casting Pipe Co., Ltd., Handan New Materials, covering East and Central South China Wuhu Xinxing Casting Pipe Co., Ltd., Taojiang Xinxing Pipe Fittings Co., Ltd., Hubei Xinxing Quanqi and Huangshi Xinxing Pipe Industry Co., Ltd., covering Sichuan Chuanjian Pipeline Co., Ltd. in southwest China The company, Xinxing Cast Pipe Xinjiang Holding Group Co., Ltd. covering Northwest China and Guangdong Xinxing Casting Pipe Co., Ltd. covering South China, have outstanding advantages in comprehensive logistics and production costs and coordinated supply guarantee efficiency.
In terms of customer service advantages, the company has 20 sales branches all over the country, and its products are exported to more than 120 countries and regions in the world. It controls the sales terminals in the domestic market and leads the sales channels in the international market. Panorama.com has learned that in 2021, Xinxing Casting Pipe will make every effort to ensure the construction of the water delivery project for the 2022 Beijing Winter Olympics and Winter Paralympics with the help of multi-base collaborative supply, emerging technologies and emerging solutions, and will provide support for the National Alpine Ski Center, the National Snowboard At the same time, the company also strives to develop overseas markets, provides customers with technical support and full-process supply solutions, and has won high recognition from customers. It has realized the company’s sales network covering Asia, Europe, Africa, and the Americas, and formed a cross-regional and global marketing service network, which can provide customers with product consulting, training, after-sales and other services more conveniently, quickly and comprehensively.
In terms of scientific and technological innovation advantages, Xinxing Casting has carried out independent research and development in new materials, products, processes and intelligence of ductile iron pipes, and has many advantages in talents, patents, standards, industrial data and so on. In 2021, new breakthroughs were made in the development of key products. The 130°C heat-resistant rubber ring for heat pipes was successfully developed, and the first engineering application case was formed without flanged pipe jacking. Excavation products and technologies have been fully rolled out in China; focusing on the outline of high-quality steel products and market demand, we have increased product development efforts. The metallurgical process technology development project of high-end special steel containing tellurium won the first prize of metallurgical science and technology, and the high-strength and low-alloy corrosion-resistant steel bar project Won the first prize of Science and Technology Award of China Society for Corrosion and Protection, and the steel for railway vehicle axles has been supplied in batches.
In 2021, following the principle of serving the market and serving the site, the company will conduct research in the technical fields of cast pipes, steel, special profile products, processes, and equipment, develop a series of new products and proprietary technologies, and achieve many a major scientific and technological achievement.
By the end of 2021, the company has 1 national industrial design center, 1 postdoctoral workstation, 1 provincial engineering research center, 2 provincial technology innovation centers, 4 provincial enterprise technology centers, and 4 provincial engineering technology research centers. Center and 9 high-tech enterprises. It has a total of 2,297 patents, including 406 inventions, and 8 PCT international patents have been authorized for inventions in 41 countries and organizations.
In terms of brand value, during the reporting period, the company’s brand influence and corporate competitiveness were further enhanced. The company has been ranked A+ in the comprehensive competitiveness rating of Chinese steel enterprises for six consecutive years; it has been ranked among the “Top 500 Asian Brands” for seven consecutive years; it has won the eighth place in the strongest patent innovation among Chinese iron and steel enterprises and the twelfth place in the world; Product quality, advanced manufacturing technology, in the fifth batch of national manufacturing single champion list issued by the Ministry of Industry and Information Technology and China Federation of Industrial Economics, was rated as “national manufacturing single champion product”.
Panorama.com was informed that in 2021, in the face of multiple challenges, the cadres and workers of Xinxing Casting Pipe will carry forward the spirit of the great military steel, seize opportunities, control risks, focus on reform and innovation, and achieve steady progress in production and operation.
During the reporting period, the company’s product competitiveness continued to improve. Among them, the production scale, production technology and product quality of centrifugal ductile iron pipes ranked first in the world, the production scale of steel grating ranked first in the world, the production and sales of cast products, and the production and sales of steel-plastic composite pipes ranked first in the world. Ranked first in the country. In the whole year, Xinxing Casting completed the output of 2.95 million tons of cast pipes, pipe fittings and castings, which was basically the same as last year; increased product structure adjustment, completed the output of 2.07 million tons of special steel, an increase of 30% year-on-year, and completed the output of 3.7465 million tons of ordinary steel , a year-on-year decrease of 2.85%; the completed steel grating output was 88,200 tons, a year-on-year increase of 37.81%.
Finally, in 2021, Xinxing Casting Pipe will achieve a total operating income of 53.301 billion yuan, a year-on-year increase of 24.07%; net profit attributable to the parent company of 2.007 billion yuan, a year-on-year increase of 10.72%; deducted non-net profit of 1.818 billion yuan, a year-on-year increase of 13.95%.
According to the 21st annual financial report of Xinxing Casting Pipe, in 2022, the company’s overall production and operation goals are: to achieve operating income of 50 billion yuan, and operating costs to be controlled at 44.615 billion yuan. Main product output: 2.9 million tons of cast pipes, 210,000 tons of castings, 10,000 tons of special pipes, and 100,000 tons of steel gratings.
Focusing on the above goals, in 2022, Xinxing Casting Pipe will focus on the production and operation policy of “strengthening benchmarking, focusing on compliance, lean management and control, improving operational efficiency; grasping reform, promoting innovation, digital transformation, and forging development momentum”. It is good to “adhere to the awe of the market, strengthen linkage and coordination, follow the general trend, and seize opportunities”, “adhere to bottom-line thinking, eliminate objective excuses, lay a solid foundation, and solidify the foundation”, “adhere to deepening reform, focus on key points, activate power, and increase efficiency” “Insist on correct Identifying shortcomings, deepening lean management, making up for shortcomings, and creating first-class” “Adhering to technological innovation, serving market strategies, breaking bottlenecks, and gathering momentum” “Insist on focusing on me, speeding up digital empowerment, seeking change, and helping transformation” “Persistence Project support, scientific planning and organization, long-term planning, re-implementation”, “adhering to legal compliance, strict process control, strong management, and risk control”, “adhering to the leadership of party building, serving and guaranteeing operations, setting direction, managing the overall situation, and promoting implementation” nine aspects work.