The revenue of Yi'an Science and Technology increased by 16.35% in the first half of the year. The medical magnesium alloy project is one of the company's important development directions.

According to the semi-annual report released by Yi'an Science and Technology, the operating income in the first half of the year was 487 million yuan, an increase of 16.35% over the same period last year. The net profit belonging to shareholders of listed companies was 725000 yuan, down 90.51% from the same period last year.

In response to the performance changes during the reporting period, Yi'an Science and Technology said that thanks to the continuous support of national policies, the development trend of liquid metal, new energy vehicles and 5G is good, and the market demand for related products continues to grow. Adhering to the concept of customer-centered and market-oriented, the company actively grasps the development opportunities of the above industries and gives full play to the technological advantages and industry experience accumulated over the years. We will continue to strengthen product research and development, adjust product structure, effectively organize production, actively develop new channels and new customers, improve sales layout, strengthen internal control, and improve the level of operation and management. Formulate a variety of measures to reduce the impact of raw material price fluctuations on the normal operation of the company. Due to the continued impact of the global epidemic, the rise in raw material prices in the first half of the year, the increase in R & D investment and other factors, although the operating income has increased, but the net profit has declined.

It is understood that Yi'an Science and Technology is a national high-tech enterprise specializing in the research and development, design, production and sales of new materials, as well as a leading new material company in China. with material research and development, precision mold development, precision die casting, CNC finishing, surface treatment integrated complete industrial chain, to provide customers with one-stop service and the best quality solutions. Materials include liquid metal, magnesium alloy, aluminum alloy, medical materials, polymer materials, can be used in new energy vehicles, consumer electronics, medical products, 5G communications, intelligent manufacturing and so on. The products are basically intermediate products, including new energy automobile parts, liquid metal products, notebook computers and other consumer electronic structures, high-end LED curtain walls and industrial accessories, precision moulds, etc., which are encouraged by the national industrial policy. The company's products mainly adopt new material formulations and efficient and environmentally friendly die-casting and post-treatment processes, with high technical content and added value, and the technical level of the main products is at the leading level in the industry. Liquid metal, biodegradable medical magnesium alloy and new energy automobile products are the main development direction of the company. After more than 20 years of development, the company has accumulated profound technical experience and brand advantages, and formed a development pattern based on famous customers at home and abroad, guaranteed by key core technologies, and guided by high-tech new material products. During the reporting period, the company's main business income was mainly from the sales of consumer electronic structural parts such as auto parts, liquid metal, notebook computers, silicone gel, industrial accessories, high-end LED curtain walls and precision moulds.

Among them, the biodegradable medical magnesium alloy project is one of the important directions of the company's development, and its R & D team "Biodegradable magnesium Alloy and related implanted device Innovation R & D team" is the second batch of innovative scientific research team introduced in Guangdong Province. The company is an enterprise with core competitive power in the field of biomedical materials, the chairman of the technological innovation alliance of medical magnesium alloy industry, and the pioneer of industry standard formulation, clinical and industrialization in China. in the biodegradable medical magnesium alloy scientific research and industrialization ability is strong, has a strong scientific research cluster advantages, strong industry influence.

Earlier, Yi'an Technology said on the investor interaction platform that the company's biodegradable high purity magnesium bone nails were in clinical use in nine hospitals. The company has been actively promoting the clinical process and striving to complete the clinic as soon as possible. At present, the process of clinical enrollment has been accelerated.