ghtech released the 2020 annual report, which showed that the company gained an operation revenue of rmb 2.014 billion, a year-on-year growth of 17.54%; net profit attributable to shareholders of the listed company was rmb 36.1348 million, a year-on-year growth of 167.56%; the non-net profit attributable to shareholders of the listed company was rmb 14.2766 million, a year-on-year growth of 2572.21%. among them, the revenue of pcb chemicals achieved rmb 1.038 billion yuan, a year-on-year growth of 19.50%; the revenue of chemical reagents reached rmb 249 million, a year-on-year growth of 5.78%; the revenue of lithium battery materials reached rmb 288 million, a year-on-year growth of 19.89%; the revenue of the echelon utilization products reached rmb 66.1667 million, an increase of 2128.21% year on year. according to the announcement, the improvement of the company's performance was mainly attributed to the company's continuous investment in technological innovation, product research and development, market development and other aspects. during the reporting period, the growth of the company's business scale, optimization of product structure and the launch of new projects drove the steady growth of the company's sales and profits.
with the products of large sales volume and wide coverage as a breakthrough
the company would step up collaborative innovation and development of industrial chain
during the reporting period, the company optimized the pcb chemicals business and strengthened the development of the domestic industrial chain; with the product structure upgrading as the mainline, it improved the competitiveness of electronic materials products; with the products of large sales volume and wide coverage as a breakthrough, it vigorously promoted the development of electronic material products with broad market prospects and independent intellectual property rights.
in 5g communication-related electronic chemicals, the particular chemical for surface treatment of 5g filter developed by the company have the advantages of being cyanide-free and lead-free, strong chelating ability and complying with rohs standards. its performance has reached the technical level of similar foreign products. it is suitable for 5g communication, vehicle-mounted radar, smartphones, smart home appliances, power modules and other high value-added terminal products.
the company has signed the cooperation framework agreement with zte corporation; the two sides will cooperate in the joint development of electroless plating and electroplating potions for 5g communication base station products.
at present, ghtech has a production base in shantou and zhuhai, respectively, covering 530,000 square meters. with the first fully automated copper oxide production line and international advanced battery material production equipment, they are one of the most modern and largest production bases in the same industry in china. the company has established a marketing center in guangzhou and one office in shanghai, suzhou, kunshan, xiamen, changsha, and chengdu. through years of accumulation, the company has formed a perfect marketing network with more than 200 sales outlets nationwide, covering more than 20 provinces and cities and radiating overseas markets. its products are exported to europe and the united states, japan and korea, southeast asia and other countries and regions.
create the entire life cycle of new energy
highlight the advantages of industrial chain recycling
in the field of lithium electric materials, ghtech mainly has ternary precursor and ternary material products, iron phosphate, lithium iron phosphate and lithium manganese phosphate products, as well as cobalt salt, nickel salt, manganese salt products. in 2020, the company's new energy material, lithium iron phosphate construction project products, had been put into production.
in terms of echelon utilization products, in 2020, ghtech cooperated with a number of well-known vehicle enterprises in echelon utilization development and retired battery regeneration treatment mode. with the development of its business, the company continued to actively build the waste battery recycling network system by focusing on building the value chain of the whole life cycle of new energy, gave full play to its technical advantages, improved the industrial chain of lithium battery materials, and formed a complete closed-loop of power battery recycling.
in terms of product research and development, ghtech has been considering innovation and development as the company's core competitiveness. last year, the r&d investment reached rmb 99.82 million, an increase of 25.15% per year, accounting for 4.96% of the operating revenue. during this period, the r&d project of green recovery and high-value utilization technology and equipment for all components of retired lithium iron phosphate batteries was launched. the project focuses on the research on key technologies and equipment in the green and high-value recycling process of the whole components of retired lithium iron phosphate batteries, aiming to tackle the problem of high-value and harmless utilization of the entire components of retired lithium iron phosphate batteries at the present stage and realize the demonstration and industrialization of the utilization of full components of retired lithium iron phosphate batteries.
on april 22, ghtech said in the investor interactive platform that after it was included in the first batch of 5 enterprises that comply with industry specifications for comprehensive utilization of waste power batteries for new energy vehicles in 2018, zhuhai zhongli new energy sci-tech co., ltd., a wholly-owned subsidiary, was listed in the second batch of 22 enterprises that comply with industry specifications for comprehensive utilization of waste power batteries for new energy vehicles on january 22, 2021.
ghtech said that facing the lithium battery recycling market with broad prospects and huge development space; the company would focus on the development of new energy products, such as lithium iron phosphate, echelon utilization batteries, ternary materials, implement the strategic layout of lithium battery recycling business and carry out lithium battery recycling based on the technical and market advantages in hydrometallurgy and high purity chemicals. moreover, it would adapt to the market demand, further enhance its core competitiveness and seize the opportunity of the rapid development of the lithium battery recycling industry in order to increase the company's profit growth point and gain greater market opportunities and development space.
follow the tide of localization and innovation
expand 5g, new energy and other emerging markets
ghtech is an advanced professional chemical service provider, integrating product r&d, production, sales, and service. the company is mainly engaged in high-performance electronic chemicals, high-quality chemical reagents, and special chemicals for production lines, new energy materials, and retired power battery phased utilization and recycling while providing customized development and technical services for other professional chemicals.
as a leading enterprise in the pcb chemical industry in china, ghtech has been awarded the first national brand in the specialty chemicals field of cpca for 10 consecutive years. the company also performs well in the field of chemical reagents and has been one of the top ten enterprises in china's chemical reagents industry for many years. ghtech is also one of the first batches of 5 enterprises that comply with industry specifications for comprehensive utilization of waste power batteries for new energy vehicles released by the ministry of industry and information technology of the people's republic of china, and the only enterprise selected in guangdong.
in regard to development strategy, ghtech said that the "new infrastructure" project of national key deployment would bring significant new demand to pcb and semiconductor markets, and the demand for corresponding electronic chemicals would double, so the tide of domestic products and innovation would still be the development direction of the electronics industry in the future. the development of the electronic industry also requires the simultaneous development of high purity chemical reagents and their continuous upgrading to earn great opportunities. in the future, ghtech will continue to focus on the three main industries of electronic chemicals, chemical reagents and new energy, continue to consolidate and expand the existing market advantages of electronic chemicals and chemical reagents, and actively expand 5g, new energy and other emerging markets. in addition, it will strengthen technological innovation and new product development and pay attention to the development of new products with high added value so as to gain market opportunities quickly.