On September 24th, 2021, Yunhai Metal (002182) issued a notice that: an Yongchao of Zhongtai Securities, Jisheng Investment du Yang and Yinsheng Asset Wang Qing investigated our company on September 24, 2021, which was hosted by Teng Hang, Director of Investment Relations.
The main contents of this survey are as follows:Q: what is the production process of Yunhai original magnesium? What are the advantages? Answer: ferrosilicon is used to thermally reduce the calcined magnesium oxide in the ore, which is called "Pijiang method". The company uses vertical cans, which has the advantages of low energy consumption, environmental protection, high degree of mechanization, low labor cost and so on. Q: what are the applications of microchannel flat tubes? A: microchannel flat tubes are produced in Yangzhou Risler, and sales have been growing steadily. At present, they are mainly used in automotive air conditioners, and are also being gradually promoted in commercial air conditioners and household air conditioners. The market prospect is very good. Q: the development of magnesium alloy die casting products in the automotive field? A: at present, in addition to the steering wheel, there are display back panels, seat brackets, dashboard brackets and central control brackets that are increasing their coverage. in addition, there are also applications in bicycles, building formwork and other fields. Q: what are the master alloys and what are their main uses? Answer: the company's master alloy is produced in Nanjing Yunkai Alloy Co., Ltd., mainly including aluminum, titanium, boron, aluminum and strontium, etc., which is mainly used for the addition of metal elements in alloy production, as well as grain refiners and modifiers for alloy products to improve metal properties. During the reception, we had full exchanges and communication with investors, in strict accordance with the "Information Disclosure Management system" and other provisions, to ensure that the information disclosure is true, accurate, complete, timely and fair. There has been no leakage of major undisclosed information, and a research "commitment" has been signed in accordance with the requirements of the Shenzhen Stock Exchange.
Yunhai Metal main business: production and sales of magnesium and magnesium alloy products, strontium metal and other alkaline earth metals and alloys, aluminum alloy; production and sales of magnesium and aluminum products; recycling of aluminum and magnesium waste; manufacture and sales of above products, equipment and accessories; engaged in the export business of the enterprise's own products and technologies To engage in the import and export business of raw and auxiliary materials, instruments, machinery and equipment, spare parts and technologies needed by the enterprise for production and scientific research (except for commodities and technologies that are restricted by the state and prohibited by the state); road goods transport; if the above-mentioned business scope involves the special examination and approval provisions of the state, it shall be operated only after examination and approval; it shall be engaged in the processing of imported materials and the business of "three come and one supplement". (for projects that must be approved according to law, business activities can only be carried out after being approved by the relevant departments.)
According to the 2021 report of Yunhai Metals, the company's main income was 3.598 billion yuan, up 42.7% from the same period last year; the net profit from its parent was 142 million yuan, up 46.68% from the same period last year; deducting 111 million yuan from non-net profit, up 25.04% from the same period last year; debt ratio 53.08%, investment income 4.8876 million yuan, financial expenses 52.0929 million yuan, gross profit margin 11.95%.