Song Qinghui, a well-known economist, said in an interview with a reporter from Securities Daily: "Youji's annual operating performance in 2023 is outstanding, highlighting the company's great efforts to develop new customers and laying a solid foundation for annual performance growth." In recent years, the rapid development of the mainland's machinery industry and equipment manufacturing industry has become one of the driving forces for China's rapid economic growth. In this context, as a leader in the machinery equipment and parts industry, Youji is facing huge market opportunities. ”
Continue to deepen the field of customized machinery equipment and parts Youji shares last year's revenue and net profit reached a record high
Securities Daily reporter Meng Tingting
On the evening of April 18, Youji Co., Ltd. disclosed the 2023 annual report, the company achieved operating income of 893 million yuan last year, a year-on-year increase of 10.14%, and the net profit attributable to shareholders of listed companies was 74.6254 million yuan, a year-on-year increase of 17.72%, and both revenue and net profit hit a record high. As of the end of 2023, the company's assets totaled 997 million yuan, a year-on-year increase of 11.13%, and the net assets attributable to shareholders of listed companies were 556 million yuan, a year-on-year increase of 10.38%.
Song Qinghui, a well-known economist, said in an interview with a reporter from Securities Daily: "Youji's annual operating performance in 2023 is outstanding, highlighting the company's great efforts to develop new customers and laying a solid foundation for annual performance growth." In recent years, the rapid development of the mainland's machinery industry and equipment manufacturing industry has become one of the driving forces for China's rapid economic growth. In this context, as a leader in the machinery equipment and parts industry, Youji is facing huge market opportunities. ”
Famous economist Song Qinghui
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Zhang Xinyuan, head of research at Kefangde Think Tank, further analyzed in an interview with a reporter from Securities Daily: "Last year, Youji Co., Ltd. achieved a double growth in sales revenue and profit by continuously strengthening market development, product research and development and product structure adjustment. With the continuous upgrading and intelligent transformation of the global manufacturing industry, the company's main demand for customized machinery and equipment and parts will continue to grow, with its rich experience, good reputation and continuous product research and development capabilities, the company's business scale is expected to continue to grow steadily, and the scale effect is expected to gradually highlight. ”
In 2023, under the adverse impact of overcoming many external factors, the annual sales revenue and total profit of Youji Co., Ltd. will hit a record high since its establishment. As a high-tech enterprise with deep integration of advanced manufacturing and modern services, Youji Co., Ltd. specializes in the research and development, design, manufacturing and sales of customized machinery and equipment and parts, and has formed five business systems serving the precision machining of equipment and parts and aviation parts in the fields of oil and gas chemical industry, engineering and mining machinery, general machinery, hydraulic systems, etc., with products covering tens of thousands of specifications and models, and serving customers in more than 40 countries and regions around the world through rapid response and accurate and efficient service.
The annual report shows that last year, Uji Co., Ltd. made full use of the long-term accumulation of customer base, overseas sales channels and network methods to increase the development of new markets and new customers, while consolidating the business development of new customers in 2022, with valve parts, truck parts and hydraulic cylinder parts and other products, successfully entered new markets such as South Korea, Brazil and Indonesia, and entered more subdivided areas in construction machinery, fluid control and other business sectors, expanding the company's business breadth. At the same time, the company's newly established holding subsidiary, Youji Hydraulics, successfully became a qualified supplier of Rexroth under the well-known German enterprise Bosch, and initially obtained the qualification of authorized maintenance supplier of Rexroth cylinders in China. In addition, the company also added 49 international customers and 30 domestic customers from 16 countries last year, bringing new potential and growth points to its subsequent business development.
In addition, last year, Youji Co., Ltd. continued to maintain R&D investment, improve the ability of independent innovation, and made certain breakthroughs in technological innovation such as new products, new processes and new materials, and obtained 1 invention patent and a number of utility model patents. At the same time, the company's "new oil-lubricated plunger plug valve" project has completed the registration of scientific and technological achievements in the Sichuan Provincial Department of Science and Technology, and a number of scientific and technological achievements transformation projects have supported the needs of its new markets and new customers. As of the end of 2023, the company has 109 patents, including 10 invention patents.
According to the business plan, Youji will continue to adhere to the flexible manufacturing model of "independent production + collaborative manufacturing" in the next step, increase investment in the research and development of precision machining technology for petrochemical and energy, engineering mining and general equipment, and aerospace parts, realize the upgrading of manufacturing equipment, and meet the market demand for customized equipment and parts. At the same time, the company will continue to adhere to the urgent needs of major national equipment as the research and development goals, through technological innovation to achieve more equipment and high-precision parts of the localization.
Looking forward to the future, Youji will continue to focus on the development goals of advanced manufacturing informatization, intelligence, automation, specialization and ultra-precision, adhere to customer and market demand-oriented, take technological innovation as the internal driving force, maintain a high degree of sensitivity to industry development trends and new technology applications, improve technical strength and advanced manufacturing level through independent research and development, and adhere to the domestic, The international market will develop synchronously, further strengthen market competitiveness, broaden the market depth and space of products in various business sectors, and strive to become a world-class one-stop customized equipment and parts manufacturing service provider. Original title: Continue to deepen the field of customized machinery equipment and parts Youji shares last year's revenue and net profit reached a record high
(Edited by Qiao Chuanchuan)