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Yian Technology's net profit loss last year was nearly 200 million yuan, down 1330.31% year-on-year.

Yian Technology's net profit loss last year was nearly 200 million yuan, down 1330.31% year-on-year.

Jiwei Network reported that on April 22, Yian Technology released an annual report saying that in 2021, the company's operating income was 1.070 billion yuan, an increase of 13.15% year-on-year; the net profit loss attributable to shareholders of listed companies was 199 million yuan, down 1330.31% year-on-year.

Yian Technology's net profit loss last year was nearly 200 million yuan, down 1330.31% year-on-year.

Yian Technology said that the company's net profit loss was mainly affected by the continuation of the global epidemic, the provision for impairment of goodwill involved in the company's acquisition of Opute's equity, the sharp increase in the price of major raw materials, and the increase in research and development investment.

As a leading new materials company in China, Yian Technology has a complete industrial chain of material research and development, precision mold development, precision die casting, CNC finishing and surface treatment integration, and empowers products through technological innovation to provide customers with one-stop service and the best quality solutions.

In terms of new energy vehicle business, Yian Technology focuses on the development of new energy vehicles supporting intelligent cockpit, unmanned driving, head-up display HUD and other businesses, the company cooperates with customers such as world-renowned automotive interior central control system supporting and smoothly develops a variety of automotive central control screen brackets, instrument panel beams, center consoles, handrail boxes, assisted driving, ADAS and other system structural parts products. In 2021, the company's auto parts business revenue was 516.7048 million yuan, an increase of 84.05% compared with the same period last year. As of the end of the reporting period, the company's cooperative relations with Tesla, CATL, Geely, TKP, HBA, TRW, GKN, Hive, LG, Faurecia, Continental, Alpine, BOSCH and other international and domestic well-known customers have further deepened.

At the same time, Yian Technology has the ability and strength to produce liquid metal hinge structural parts, on the basis of the continuous expansion of the liquid metal market last year, continue to increase R & D and innovation, continue to expand the liquid metal hinge structural parts market, and has been supplied to customers in batches. Up to now, the company has established cooperative relations with a number of well-known customers.

While developing the market for liquid metal hinged structural parts, Yian Technology has also continued to increase the market application of liquid metal in new energy vehicles, consumer electronics structural parts, medical devices, communication base stations and other fields, and continuously launched products suitable for customer needs. During the reporting period, the company has applied liquid metals to headphones, musical instruments, medical devices and other aspects.

In order to expand the application field of liquid metal and develop more liquid metal products, the company has conducted in-depth research and development on the core components of the robot harmonic reducer harmonic gear, anti-loosening gasket high-end fasteners, golf ball heads, industrial coupling diaphragms, etc., and some samples have completed the preliminary proofing. The company has mass-produced liquid metal products including liquid metal hinge structural parts, medical device structural parts, car door locks, USB interfaces, mobile phone side decorations, camera decorations, Face-ID brackets and other products, of which the company is the exclusive supply of Model X liquid metal door lock covers to Tesla.

In addition, in order to seize the opportunities of 5G development, Yian Technology actively lays out 5G technology research and product development projects. The 5G base station products produced by the company include filters, heat dissipation shells, etc., and have entered the mass production stage. At present, the customers who cooperate with the company are Ericsson, Huawei, ZTE, Guoren and so on.

(Proofreading/Lee)

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