The deduction non-net profit of Zhonghe in Xinjiang will nearly triple in 2021.

As a technology leader and global supplier in the field of new aluminum electronic materials and high purity aluminum, Xinjiang Zhonghe Co., Ltd. (hereinafter referred to as Xinjiang Zhonghe) handed over a high-quality performance paper. The company's revenue in 2021 was 8.226 billion yuan, an increase of 43.88 percent over the same period last year; non-net profit was 931 million yuan, an increase of 192.72 percent over the same period last year; and the net cash flow generated by operating activities was 688 million yuan, an increase of 124.27 percent over the same period last year. At the same time, Zhonghe in Xinjiang plans to distribute 1.90 yuan (including tax) in cash for every 10 shares.

The annual report shows that scientific and technological innovation leads the development of public peace and high quality in Xinjiang. Zhonghe in Xinjiang will continuously improve the systematic management of scientific and technological innovation, build a scientific and technological project management platform, strengthen the information mining of pre-research projects, speed up the transformation of scientific research projects, and innovate the platform for industry-university-research and the incentive mechanism for scientific and technological talents. focus on 5G communications, new energy electric vehicles, aerospace and major equipment areas, carry out a number of scientific research projects Some achievements have been made in the R & D and market sales of ultra-high voltage anode foil for 5G capacitors, alloy products for automotive die castings, high-strength and high-toughness aluminum alloy products for aerospace and aviation, ultra-high purity aluminum sputtering target substrate for flat display and semiconductor chips, aluminum-based bonding wire busbar and so on.

During the reporting period, the company's sales of electronic aluminum foil and electrode foil products were 21100 tons and 25.5794 million square meters respectively, up 16.15% and 48.76% respectively over the same period last year. Electrode foil in new energy-related fields accounted for 20% of the company's electrode foil sales.

During the reporting period, Zhonghe of Xinjiang won the nomination Award of the fourth China quality Award and the quality Award of the Fifth Xinjiang people's Government, and the project "key Technology Research and Application of High magnesium and other High performance Aluminum Alloy Wire based on self-designed continuous casting and Rolling production Line" won the second prize of Xinjiang Science and Technology Award.

On the other hand, intelligent manufacturing promotes the upgrading of Xinjiang Zhonghe industry. Centering on industrial upgrading and intelligent manufacturing upgrading, based on the company's 14th five-year Plan, Xinjiang Zhonghe implemented a number of digital projects and management information projects in 2021 to promote the completion of the production efficiency, quality control, process optimization and upgrading of digital factories for existing alloy, electronic aluminum foil, electrode foil and other products. The company won the sixth batch of manufacturing champion demonstration enterprises of the Ministry of Industry and Information Technology, and its holding subsidiary Shihezi Zhongjin electrode foil Co., Ltd. won the title of "Little Giant" in 2021.

Looking to the future, the company will complete the rights issue in 2021 and is speeding up the production and construction of the investment project "annual output of 15000 tons of high-purity aluminum purification and supporting processing project", "annual output of 3000 tons of high-strength and high-toughness aluminum alloy large section billet project", "annual output of ultra-high purity aluminum base sputtering target billet project" and other production expansion projects. According to the market demand in 2022, the company will tap the potential through process technology upgrading and production process reengineering to improve the unit output efficiency and improve the internal material flow efficiency and output capacity.