Rianlong: Net profit in the first half of the year was 274 million yuan, a year-on-year increase of 47.25%
Latest News: On August 22, Rianlong released the 2022 semi-annual report. According to the announcement, the company’s operating income during the reporting period was 2.268 billion yuan, a year-on-year increase of 40.27%; the net profit attributable to shareholders of the listed company was 274 million yuan, a year-on-year increase of 47.25%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses 268 million yuan, a year-on-year increase of 49.55%; basic earnings per share were 1.3221 yuan.
The announcement stated that during the reporting period, relying on a solid foundation in the field of anti-aging additives for polymer materials, the main business continued to grow steadily. The company has overcome the adverse impact of the new crown epidemic and the impact of changes in the international business environment, and has always maintained its strategic focus. 2.0 Strategic Objectives” as a guide for action. On the one hand, the company actively takes effective countermeasures, and on the premise of ensuring the safety and health of employees, fully organizes the company’s various production and operation activities, and strives to achieve the “big 3+1” sales forecast target.
The content of the announcement shows that Rianlong has been deeply involved in the industry for more than 20 years, and has developed into one of the two companies with the most complete sets of anti-aging products for polymer materials in the world. (SecondaryAntioxdants), Ultraviolet Absorber (UVA), Hindered Amine Light Stabilizer (HALS), Compound Custom (U-pack) full range of product suppliers. Over the years, the company has continued to focus on the development trend of the global polymer material industry from the perspectives of product support and technological innovation, and has kept a close eye on customer needs for application technology research and development and customer service improvement. We have established six production bases in Tianjin, Ningxia, Changshan, Hengshui, Inner Mongolia and Zhuhai respectively as a solid supply guarantee.
The extensive application of the company’s products can be summarized as “in the air, under the sun, without exception”, and it is fully used in all types of polymer materials such as plastics, coatings, rubber, chemical fibers, and adhesives. The company’s customers include 9 of the top 10 global coatings and 34 of the top 50 global chemical companies. The world’s major polymer material companies provide more than 60% of the company’s sales revenue. Relying on the comprehensive advantages of a full range of product support, dual-base supply guarantee, fast-response global marketing network, and application technology that closely meets customer needs, from 2011 to 2021, the company’s sales revenue has a compound growth rate of 29.4% for 11 consecutive years, and the net profit attributable to the parent The compound growth rate is 35.7%. Rianlong has become an important force in the global value chain of anti-aging of polymer materials. “Being the global leader in anti-aging technology of polymer materials” is the development vision of the company’s first life curve.