TigerResearch/tigerbot-earning-plugin huggingface dataset:
business objectives. During the reporting period, the Company achieved operating income of RMB3,846,975,900, an increase of8.13% over the same period of the previous year; the net profit attributable to the parent Company's owner was RMB282,933,900, an increase of 27.35% over the same period of the previous year. Net profit after recurring gains and losses was RMB270,965,200, an increase of 61.63% over the same period of the previous year. By the end of the reporting period, the Company's order reserve reached RMB7,887,702,400 (excluding real estate pre-sale). This represents an increase of 12.87% over the same period in the previous year, which was 2.05 times the operating income in 2022 H1, laying the foundation for the Company's production and operation in 2023.
(I) Smart curtain wall system and material
1. Industry development
The development of the building curtain wall industry is closely related to the development of the national economy. The
Central Economic Work Conference in December 2022 put "efforts to expand domestic demand" at the top of the economic work in 2023. With the introduction of the State Council's Strategic Plan for Expanding Domestic Demand (2022-2035) and the
"Fourteenth Five-Year Plan" to expand domestic demand, the adjustment of domestic epidemic prevention and control measures, provinces across the country have successively released plans for major projects in 2023 and set investment growth targets. After the Spring Festival in 2023, the country has accelerated the resumption of work and production, and the construction progress of major projects will be accelerated. The building curtain wall industry will also usher in new development opportunities.
2. Business Status
(1) Main products and purposes
Smart curtain walls are among the Company's major products and have been widely used in high-end office buildings, corporate headquarters, urban complexes, high-end residences and hotels, urban public buildings, and other applications.
By focusing on intelligence, low-carbon, environmental protection, and sustainability, the smart curtain wall and material
industry fosters the development of curtain walls and innovative materials in China. The Company has a strong R&D capability as well as a sophisticated PVDF aluminum veneer production and manufacturing base. The intelligent curtain wall technology has
been widely deployed in significant projects in more than 160 cities around the world, integrating energy reduction, environmental protection, and intelligence. It has numerous times received the Luban Award (National Excellent Engineering Award), China's highest construction award. Its competitiveness is among the highest in the world, and it is a well-known brand in the worldwide high-end curtain wall business.
(2) Main business modes, specific risks and changes;
During the reporting period, the Company's main business model did not change. The Company's smart curtain wall design and construction contract orders are mainly obtained through the bidding mode (open bidding, invitational bidding). Based on the orders, the Company provides the overall solution of design, raw material procurement, production and processing, construction and installation and after-sales service. Due to the long period of order implementation, it is greatly affected by national industrial policies, raw material prices, and fluctuations in the labor market. Different orders have different technical requirements. It is impossible to simply copy the existing experience, and the requirements for technology and management are relatively high.
(3) Market competition pattern in which the Company is located and the Company's market position
The domestic building curtain wall market has increasingly grown in recent years, and industry competition has increased. The market gradually eliminates small and medium-sized firms with limited scale and low qualifications, increasing industry concentration. The industry's leading businesses are increasing their market share in the high-end curtain wall market through management and brand advantages, and the rate of development is likely to accelerate further. Scientific and technological
innovation based on intelligence, assembly, BIM, VR and other technologies continues to deepen. In the future, along with the
wave of industrial upgrading, green building, scientific and technological innovation, information technology, etc. will become an important driving force for the new round of growth cycle of the industry. The domestic building curtain wall market still has bright prospects for the development of leading companies in the industry.
Fangda Jianke Co., Ltd. has the highest qualifications for curtain wall design and construction enterprises in China - the first- class qualification for professional contracting of architectural curtain wall engineering and the first-class qualification for
architectural curtain wall engineering design. It is one of the leaders in China's curtain wall industry. Fangda Jianke has won the highest awards in the national construction industry, including "Luban Award", "National Quality Engineering Award", "Zhan
Tianyou Civil Engineering Award", "China Building Decoration Award", and over 200 provincial and ministerial awards. Fangda Jianke has participated in the preparation of more than 20 national or industrial standards such as the Design Standard for Energy Efficiency of Public Buildings, and has created 18 new records for Chinese enterprises. It is an intellectual property demonstration enterprise in Guangdong Province. In the industry across the country, the Company is the earliest to establish R&D institutions such as corporate postdoctoral workstations, engineering technology centers, and research and design institutes. The autonomous innovation capacity and technical level of the high-end curtain wall industry have reached the advanced level of the same industry in China, promoting technological progress and development.
(4) Business drive
In period During the, the curtain wall system and materials industry realized operating income of RMB2,877,126,200, an
increase of 11.31% over the same period of the previous year; the net profit was RMB154,800,800, an increase of 140.60%;with a gross margin of 17.73%, up 3.24 percentages over the same period of last year. The key drivers of performance are as follows:
1Actively plan the market layout, and the order reserve continues to grow
In 2022, under the severe and complex environment, the company actively planned the market layout of high-end curtain walls at home and abroad, and deeply cultivated key regions and overseas projects such as the Greater Bay Area of Guangdong, Hong Kong and Macao, the Yangtze River Delta, and Chengdu and Chongqing. With the technology accumulation and brand advantages, the number of new bid winning and signed orders reached RMB4,838,168,800, and the number of large landmark
projects and enterprise headquarters projects increased. The number of large orders of 100 million yuan was frequent, and overseas orders also reached a record high. Among them, the signing of major landmark projects, such as the high-end office building of more than 300 meters - Jinan CITIC Pacific Central Business District (Jinan Zun) project, the permanent site project of the
Guangzhou Nansha International Financial Forum (IFF), and the Yunsongjian project in Qujiang, Xi'an, has further improved the recognition and social influence of the industry. With the signing of a large number of corporate headquarters projects, such as
Anbang Property Insurance Shenzhen Headquarters Building, Shenzhen Youbixuan Robot Building, China Electronics Shenzhen Bay Super Headquarters Building, Shenzhen Zhongjin Building, ByteDance Shenzhen Headquarters Building, Shenzhen
Chuangjin Hexin Headquarters Building, and Guangzhou CCCC South Headquarters Base Area C project, the advantages of the Company's leading enterprises have been further highlighted. In 2022, the Company promoted the layout of the international
market, and the overseas order volume rose against the trend. It won the orders for the WPH Hospital Project, VMCTC Project, Seafarers and other projects in Melbourne, Australia, highlighting the high recognition of the other big brands in the overseas market. By the end of the reporting period, the Company's order reserve of high-end curtain wall system and materials industry was RMB6,448,575,400, an increase of 19.36% over the same period of the previous year, which was 2.24 times the operating revenue of curtain wall system and materials industry in 2022, laying a solid foundation for the sustainable and healthy
development of the Company.
2Strengthen continuous innovation and empower the Company's high-quality development
The six subsidiaries of the Company engaged in smart curtain wall system and material industry are all national high-tech enterprises, five of which are "specialized and new" enterprises, and have been awarded the honors of "National Intellectual
Property Advantage Enterprise", "Specialized" Little Giant "Enterprise," Jiangxi Intelligent Manufacturing Benchmark Enterprise", and enterprise innovation record. By the end of the reporting period, the Company has successively obtained 598 patented
technologies for curtain wall products, 19 software copyrights, and participated in the preparation of 22 national/industrial
technical specifications and standards, effectively promoting the technical progress and development of the high-end curtain wall industry. During the reporting period, the Company used continuous innovation to solve customer technical pain points and supply products and technical solutions required by innovation. At the same time, the company offered technical support for the project duration and quality, improved customer satisfaction and influence, and assisted and empowered the Company's high-quality
development with the whole process and all-around curtain wall project service system.
3Promote digital construction and improve management and operation efficiency
With the rapid development of the new generation of information technology such as cloud computing, big data, artificial intelligence, etc., the Company actively promotes digital construction, taking the whole process of fine control as the main line, and strives to achieve cost reduction, efficiency increase, quality improvement, innovation, and create an efficient management and operation organization. During the reporting period, the Company integrated cutting-edge information technologies such as BIM, cloud computing, mobile Internet, and improved the precise management and sharing of data flow, capital flow, and
information flow by upgrading and optimizing the existing information management platform, improving the scientific nature of decision-making, and improving the company's management level and operational efficiency.
(5) Industry qualification types and validity period
The Company has a Class A qualification for building curtain wall engineering contracting and class A qualification for building curtain wall engineering design. It is the highest level for curtain wall design and construction companies in China.
During the reporting period, the Company's relevant qualifications have not changed significantly, and the validity period has not expired.
(6) Quality control system, implementation standards, control measures and overall evaluation
Quality control system: As a leading enterprise of high-end curtain wall, the Company pays attention to quality management. It is the first in the industry to pass ISO9001, ISO14001, OHSAS18001 international and domestic dual certification, GB/T29490 intellectual property management system certification, and is the first to establish sales, design, supply, production, one-stop
quality control system such as construction, after-sales, customer service, etc., implement strict quality control and supervision for each link, and create a strong quality management system.
Implementation of the standard: In the process of building curtain wall business, the Company strictly complies with GB/T21086-2007 "Building Curtain Wall", JG/T231-2007 "Building Glass Lighting Roof" and other national and industrial standards.
Control measures: The Company has established complete and effective quality control measures and quality management organization, introduced digital information management, and digitally coded the company's businesses, various raw materials,
factory workshop and construction site operation procedures through computer information integration system, The eight systems(CRM customer relationship management system, OA office system, HR human resources system, ERP financial management
system, MES production management system, PMS engineering management system, VPO supply management system and QAS quality safety management system) realize the rapid transmission, sharing and collaborative application of information through cloud terminal technology. Strictly implement various quality management and control measures to provide customers with high- quality products and services.
Overall evaluation: The Company's quality control system and executive standards meet the relevant requirements of the
current relevant national norms and standards, maintain good operation, and provide customers with stable and reliable products and services.
(7) Major project quality problem during the reporting period
(II) Rail transport screen door business
As an important part of high-end manufacturing equipment, rail transit equipment is closely related to the national economic development, urban rail transit development and construction planning. With the deepening of strategic objectives such as the "the Belt and Road" construction, "new infrastructure" and "double carbon", China's urban rail transit industry has broad development opportunities and huge market space. In December 2022, the State Council issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035), which required to accelerate the construction of transportation infrastructure, support key urban agglomerations to take the lead in building the intercity railway network, promote the development of metropolitan (suburban) railways and urban rail transit in key metropolitan areas, and integrate the development with trunk railways. The Draft Outline of the Fourteenth Five-Year Plan and the Long-term Goals for 2035 proposes to speed up the construction of a powerful
transportation country. It is expected that China will add 3000 kilometers of urban rail transit operating kilometers, 3000
kilometers of intercity railways and urban (suburban) railways during the "Fourteenth Five-Year Plan", and the total investment completed is expected to exceed 3 trillion yuan. While the mileage of rail transit lines continues to grow, some rail transit PSD projects built in the early stage have also entered the maintenance period, and the maintenance service business will also usher in sustained and stable development space in the future.
The Company's main products are platform screen door systems applied to urban rail transit, and also provide operation and maintenance services for the above products. The platform screen door system of urban rail transit is installed at the edge of the platform of urban rail transit station to isolate the running track area from the waiting area of the platform. It is equipped with a continuous movable door body barrier corresponding to the train door, which can be opened and closed by multi-level control,
including the full-height closed screen door system, the full-height non-closed screen door system, and the half-height screen door system. In addition, the Company has taken the lead in the world in successfully developing the platform safety door system that can be applied to the complex environment of high-speed railway, and can realize the intelligent opening of the platform safety door according to the different models of high-speed railway entering the station. At present, the Company is in the stage of
market promotion and verification, and has not yet realized external sales.
(2) Main business model
The Company's rail transit screen door equipment industry is independently operated by Fangda Zhiyuan Technology, and has formed a relatively mature and complete management system for research and development, procurement, production and
sales, with a complete industrial chain. In terms of research and development, Fangda Zhiyuan Technology has formed a research and development project initiation mechanism that combines independent basic research with project needs; In terms of
procurement, suppliers are mainly selected and purchased by the project, and a special procurement team is set up to carry out the procurement work; In terms of production, manage the Company's production activities according to contract requirements and customer's production instructions; In terms of sales, the Company's customers are metro companies around the world and
electromechanical general contracting units in the rail transit industry, all of which are direct sales, and there is no distribution.
The Company is one of the national high-tech enterprises engaged in the R&D, design, manufacture, installation, and
operation and maintenance of the platform screen door system of subway in China. It has taken the lead in drafting and revising the first national industrial standard of the platform screen door of rail transit, "Platform Screen Door of Urban Rail Transit"(CJ/T236-2022). The Company's safety door product of urban rail transit platform was awarded "single champion product of manufacturing industry" by the Ministry of Industry and Information Technology of the People's Republic of China. Fangda
Zhiyuan has successively won many honors and qualifications, such as the Guangdong Provincial Science and Technology Award, the National Key New Product Certificate, the National Torch Plan Industrialization Demonstration Project Certificate, the
Guangdong Intelligent Rail Transit Platform Gate Engineering Technology Research Center, the Shenzhen Science and Technology Progress Award, and the Shenzhen "Specialization and Innovation" Enterprise title.
Through 20 years of intensive work in the field of platform screen doors of rail transit, the Company has occupied a high market share in the domestic market. At the same time, the Company has continued to explore foreign markets by virtue of its technical advantages, and has successively obtained orders for subway platform screen door systems from Singapore, Thailand, Malaysia, India, Colombia and other countries. Up to now, the company has undertaken more than 100 subway platform door projects in the world, with a total of more than 80000 platform door units, and has become one of the global suppliers of platform screen door systems for urban rail transit.
1Win the trust of customers at home and abroad with excellent technical quality
As a leading enterprise in the field of rail transit screen doors in China, the Company provides customers with integrated professional services of rail transit screen door system products including research and development, design, manufacturing, installation and commissioning, technical services and maintenance. The products and technologies have been applied to more than 100 subway lines in more than 40 cities, including Beijing, Tianjin, Guangzhou, Shenzhen, Hong Kong, Singapore, etc., with safety, reliability and availability With outstanding advantages such as maintainability, it is one of the most trusted experts of rail transit PSD system for customers at home and abroad. During the reporting period, the Company obtained orders for PSD system such as Wuhan Optics Valley Ecological Corridor tourism supporting facilities - tourism special line phase I project, Shenzhen line 7 phase II, line 8 phase II and phase III projects, souther extention line of Shenyang Metro Line 2, India NCRCTC project, Singapore Santosha platform door installation project, Colombia Bogota Metro Line 1 project, as well as a number of orders for professional technical maintenance services for PSD metro projects in cities including Shenzhen, Wuhan, Chengdu and Tianjin. Among them, the order for PSD system of Bogota Metro Line 1 in Colombia is the Company's first project in Latin America, and also the first rail transit project in Bogota, the capital of Colombia. The signing of the project contributes to the Company's efforts to help China and Latin America build the "the Belt and Road" and build a new development pattern of "double circulation".
During the reporting period, the Company's rail transit PSD industry had achieved an operating revenue of RMB564,551,700, an increase of 5.66% from the same period last year, and an order reserve of RMB1,439,127,000, which was 2.55 times of the operating revenue. The Company's PSD system products have also been highly praised and recognized by many owners for their excellent quality and stable performance. During the reporting period, Fangda Zhiyuan Science and Technology received letters of praise from Shenzhen Metro Construction Group Co., Ltd. and Qingdao Metro Line 4 Co., Ltd., and won the "high-quality supplier" of Hohhot Metro Operation Co., Ltd., and the "advanced cooperative unit" of Tianjin Metro Line 3 Operation Co., Ltd"Excellent Outsourcing Unit Award" of Chengdu Metro Operation Co., Ltd. Operation Branch 1, "Excellent Outsourcing Maintenance Project" of Wuhan Wuhan Railway Travel Service Media Co., Ltd. Customer Service Maintenance Branch.
2Promote high-quality development of the Company with scientific and technological innovation
The Company has been deeply engaged in the subdivided field of rail transit screen door system for 20 years, and has realized that the core control components of platform screen door products are completely "independent and controllable", leading the industry to break through the tight encirclement and lead the high-quality innovative development of the industry. The Company's"safety door of urban rail transit platform" product with independent intellectual property rights has been recognized by the Ministry of Industry and Information Technology of the People's Republic of China as "single champion product of manufacturing industry". The Company also actively integrates the development achievements of the new generation of information technology, such as artificial intelligence and big data technology, and has successively developed the platform screen door system matching the "driverless" train, and the platform screen key component health prediction technology based on big data, which has been successfully applied in many projects, such as the Noida project in India, the domestic Jinan Metro Line 2, and Qingdao Metro Line 4. During the reporting period, the subsidiary Fangda Zhiyuan Technology was identified as a "specialized and innovative" small and medium-sized enterprise, and was selected as the "Top 100 leading enterprises in Shenzhen industry" for four consecutive years. The visual multimedia full-height platform door project of urban rail transit developed by Fangda Zhiyuan Technology was identified as the "innovation record of Shenzhen enterprises". The industry product standard "Platform Screen Door of Urban Rail Transit" (CJ/T236-2022) edited by the Ministry of Housing and Urban-Rural Development was officially approved and released, and will be implemented from May 1, 2022.
(3) New energy industry
The Company has been practicing the concepts of low-carbon, energy saving, green and environmental protection. It is an early developer and application of photovoltaic building integration (BIPV) and photovoltaic power generation system design, manufacturing, integration and operation, and has mature technology. In China, the Company has completed the first batch of integrated photovoltaic buildings (BIPV) and multiple distributed solar photovoltaic power stations. Jiangxi Pingxiang distributed photovoltaic power station, Jiangxi Isuzu automobile parking lot photovoltaic power station in Nanchang City, and Songshan Lake Base photovoltaic power station in Dongguan, Guangdong, have all operated efficiently, contributing to the Company's stable profitability and cash flow.
(IV) Real Estate