On May 30, Pu Nai Co., Ltd. responded to investors’ questions and said that the company’s magnesium metal project is actively advancing, the pilot test phase has been successfully completed, the results are in line with expectations, and the preliminary work of the demonstration line construction project has begun.
At the previous 2021 annual performance briefing meeting of Pu Nai, the company’s chairman Liu Baikuan said that the company is actively developing a new technology for the smelting of magnesium metal by aluminothermic reduction. At present, laboratory tests and industrial trial production tests have been completed, and a test line ( model line). The company will actively pay attention to the development process of new energy fields such as magnesium batteries.
The main business of Pu Nai Co., Ltd. is the development, production and sales of stereotyped and unshaped refractory materials, functional refractory materials and supporting institutions, and undertakes the overall contracting business of various thermal equipment refractory materials design and installation, construction services, etc. The main products are divided into four major product segments: (1) functional refractory materials, including sliding nozzles, three types, seat bricks and breathable bricks; (2) shaped refractories, including ladle bricks, alkaline products (3) Unshaped refractories, including bulk materials, impact plates and slag baffles, and electric furnace roofs; (4) Others. The above products are mainly used in industries involving high temperature fields such as steel, building materials, non-ferrous metals, foundry, electric power and petrochemical.
As a leading enterprise in the domestic refractory industry, Pu Nai Co., Ltd. owns brands such as “Pu Nai”, “PRCO”, “Bao Ming”, “Huawei”, “Yushan” and “Huite”, which enjoy high reputation and credibility at home and abroad; customers include In the fields of steel, cement, glass, non-ferrous metals, etc. at home and abroad, it has provided high-quality products and perfect services for more than 70 of the world’s top 100 steel companies. In 2021, the export of refractory materials nationwide will hit a new record high, and the company’s export trade volume ranks first in the industry. First, the export leading position has been continuously strengthened.
In 2021, the company achieved operating income of 4,377,856,300 yuan, a year-on-year increase of 4.88%; realized a net profit of 83,753,600 yuan attributable to shareholders of the listed company. Among them, the iron and steel business department realized an operating income of 3,860,493,600 yuan, a year-on-year increase of 5.79%; the environmental protection materials business department realized an operating income of 434,841,300 yuan; the raw material business department realized an operating income of 612,633,000 yuan, a year-on-year increase of 58.01%.