On 2021-09-02, Sinosteel Tianyuan (002057) issued a notice saying: Yang Zhan and Li Yiran of Soochow Securities Co., Ltd. investigated our company on September 1, 2021, which was received by Zhang Chao, deputy general manager, secretary to the board of directors and general counsel. Li Keli, director of the Office of the Board of Directors (Capital Operations Department), and Chen Jian, representative of securities affairs.
The main contents of this survey are as follows:I. introduction of the company and operation in the first half of 2021
II. Question and answer session
1. Based on what considerations does the company focus on the development of magnetic materials and inspection and testing? From the aspects of capital, conditions and policies, the company tends to focus on the development of the two main industries, leaving room for the sustainable development of the company in the future. In recent years, the development of magnetic materials and testing is very good, but compared with the industry standard enterprises, there is still a certain gap, still need to strengthen the development and growth.
2. Based on the strategic goal of 2025, how is it considered that there is a large increase compared with the performance in 2020? Based on the development goals of the two main industries, we can also see that the funds raised are invested in magnetic materials and testing projects from the use of funds for the company's non-public offering projects in 2020. In the future, the company will be market-oriented, adhere to innovation-driven, consolidate the industrial foundation, strengthen the core industries such as magnetic materials and devices, inspection and testing services, and optimize other characteristic businesses of the company.
3. The company's inspection and testing service has set up many branches and offices all over the country. what is the situation? The company's testing service has been operating for decades, and the company's testing business is concentrated in the railway construction industry. In recent years, it has expanded the major infrastructure fields such as roads, bridges, tunnels, housing construction and so on. In order to become a comprehensive testing service organization, in addition to Zhengzhou testing Center, the company has set up branches in Xiongan, Guangdong, Yunnan, Anhui, Sichuan, Jiaozuo and other places, and has set up more than 20 offices throughout the country, covering all provinces throughout the country. effectively open up the testing market, at the same time, the company through the introduction of industry personnel, university recruitment and other means to increase the human resources and technical investment of various branches and offices.
4. Classification of magnetic materials in the company? The company's magnetic materials are divided into soft magnetic and permanent magnet. Among them, soft magnetic products include manganese tetroxide, aerosol iron silicon powder, etc., and permanent magnet products include ferrite devices and sintered NdFeB devices.
5. The application of the company's products in new energy vehicles, military industry and other fields? The company's products are widely used, and the future increment of magnetic materials is in the fields of wind power equipment, lithium battery cathode materials, new energy automobile motors, etc.; inspection and testing business for major infrastructure projects, including not limited to rail transit, municipal engineering, highway engineering, bridge and tunnel engineering, etc., the military field is mainly used in the field of aerospace and aviation, and the company has been expanding the market share of the military industry in recent years.
6. The price increase of manganese and other raw materials has an impact on whether the company's related products are affected, but the company also adjusts the price of the products according to the fluctuation of the raw material price.
Sinosteel Tianyuan's main business: development, production and sales of magnetic materials, magnetic devices, magnetic separation equipment, filtration and dehydration equipment, environmental protection equipment, mining and supporting equipment, motors, micromotors and other motors; new mineral materials and new products research, development, production, sales, consultation, transfer (except for the above scope of business restricted by the country) To engage in the export business of the enterprise's own products and the import of machinery and equipment, spare parts, raw and auxiliary materials needed by the enterprise (except for commodities and technologies that the company is restricted or prohibited from import and export by the state).
Sinosteel Tianyuan 2021 medium report shows that the company's main income is 1.142 billion yuan, up 72.08% from the same period last year; net profit from its mother is 105 million yuan, up 39.99% from the same period last year; deducting non-net profit from 68.6155 million yuan, up 0.97% from the same period last year; debt ratio 32.31%, investment income 11.7328 million yuan, financial expenses 4.6285 million yuan, gross profit margin 22.41%.