Headquartered in Guangzhou Science City, the company has more than 30 subsidiaries and R&D and production bases in South Asia, North America, Europe and other overseas regions. At present, the three production bases in Guangzhou, Shanghai and Mianyang, Sichuan have an annual output of 400,000 tons of modified plastics, and the company has registered "Golden Hair" in more than 20 countries including the United States, Canada, Japan, Malaysia, Thailand, Mexico, India and South Korea. With its good environmental friendliness and excellent performance, blonde scientific and technological materials are exported to more than 30 countries and regions around the world, providing services to more than 1,000 well-known enterprises around the world.
Director: Yuan Zhimin? Li Nanjing? Ning Tao Hong? Cai Wei? Rola Chen? Li Jianjun, Xiong Haitao
Independent Director: Zhang Qixin
Manufacture of plastic particles;
Primary plastics and synthetic resin manufacturing (except monitoring chemicals and dangerous chemicals);
Manufacture of degradable plastic products;
Technical consultation and exchange services for new materials; Enterprise's own capital investment; Logistics agency service; Material science research and technology development; Electronic equipment recycling technical consulting services;
Wholesale of metal products; Wholesale of chemical products (except dangerous chemicals);
Office machinery manufacturing; Import and export of goods (except those franchised by franchisees);
Technology import and export; Site lease (excluding storage);
Real estate development and management; Other warehousing industries (excluding crude oil, refined oil warehousing, gas warehousing and dangerous goods warehousing); Property management;
Manufacture of biodegradable plastic products;
Warehousing agency service;
New material technology development services; Wholesale trade of commodities (except licensed and approved commodities);
New material technology transfer service; New material technology promotion service;
Manufacture of special equipment for daily chemical industry;
Foam plastic manufacturing;
Recycling and wholesale recycling materials;
(Projects subject to approval according to law can only be operated after approval by relevant departments)
20 16 is the first year of the 13th Five-Year Plan. Facing the difficulties and challenges of overcapacity, structural adjustment and economic downturn, under the leadership of the board of directors, the company strengthened its confidence, faced the difficulties, focused on the overall idea of "focusing on customers, collaborative innovation and leaping development" and took "market-oriented, technology-centered" as the action program to improve the level of internal refined management and optimization. On the basis of talent guarantee and information management, we strive to achieve the company's business goal of 20 16, and realize the annual sales volume of finished products (including trade goods) of 1669000 tons, up by 22.52% year-on-year, maintaining a stable development trend.
Blonde technology has three core advantages in the field of automotive materials. First, it has a relatively complete product system in the industry; Second, it basically has business dealings with all mainstream automobile OEMs and core first-class suppliers in the world, and the industry coverage is wider; Thirdly, Blonde Technology has the leading material manufacturer of joint simulation analysis technology in China and the third in the world in the field of modified plastics, and has the ability to develop applied technology of forward design.
Blonde Technology will take advantage of these three core advantages, expand market share and accelerate the internationalization process through all-round cooperation with the main engine factories and core first-class suppliers in the industry.
International layout
The company gradually established R&D and supply platforms in the United States, Europe and other places, built an international platform corridor, and set up a localized business team, technical support team and operation team. In addition to platform construction, Blonde Technology will also promote Blonde brand to the world through deepening cooperation with the help of customer resources scattered around the world.
Supply chain finance
? 20 16 Blonde Dashang has been running steadily according to the idea of "grasping the middle (e-commerce) and expanding the two ends (finance and logistics)", initially forming a virtuous circle of online and offline with one network and four platforms, which has certain industry influence. In May of 20 16, the plasticizing e-commerce trading platform "Suyijia" was officially launched, mainly engaged in related products of plasticizing industry, covering plastics, additives, synthetic rubber and plastic machinery. After 7 months' operation, the general merchandise turnover (GMV) has reached 2.8 billion yuan. In the supply chain finance sector, Blonde Dashang improved its financial structure by establishing Blonde Dashang (Zhuhai) Commercial Factoring Co., Ltd.; Through cooperation with insurance companies, credit reporting agencies and traditional banks, the internal risk assessment system was established, which improved the risk management level and accumulated more than 100 small and medium-sized customers in the service industry. In the logistics sector, Blonde Dashang established and improved the warehouse logistics service network through the national warehouse layout, the transaction and data support of the supply chain financial platform and the e-commerce platform, and initially realized the logistics matching information service of the plastic industry. At present, Goldilocks has integrated hundreds of domestic specialized plastic warehouses based on the delivery warehouses in Guangzhou and Kunshan, covering major plastic distribution centers, production places and consumption places in East China, South China and North China. During the reporting period, the gross profit of self-operated blonde e-commerce platform, supply chain finance, warehousing and logistics and membership fees totaled nearly 30 million yuan.
Main operating conditions
Operating income during the reporting period 179.438+0 billion yuan; Realized an operating profit of 684 million yuan, a year-on-year increase of16.03%; The net profit attributable to shareholders of listed companies was 737 million yuan, a year-on-year increase of 3.51%; The basic earnings per share was 0.2880 yuan, a year-on-year increase of 3.60%; After deducting non-recurring gains and losses, the weighted average return on equity is 6.77%, and the net cash flow generated by the company's operating activities is 78. 1 100 million yuan. The total assets of the company are 20.259 billion yuan, the total liabilities are 65.438+0.0534 billion yuan, the total owner's equity attributable to the parent company is 96.5/kloc-0.00 billion yuan, and the asset-liability ratio (parent company data) is 47.94%.
core competitiveness
(A) scientific and technological innovation
1, a first-class scientific research and development system
2. Strong research and development team
3. Innovative incentive mechanism for scientific and technological talents.
4. Rich research and development achievements
(B) Business model
1, global collaborative marketing network
2, upstream and downstream linkage * * * enjoy the platform
3. Dig deep into customer needs based on big data.
(3) Operation management
Advanced information support platform:
2. Strong supply chain management capabilities:
Fourth, the future development of the company
(1) Industry pattern and trend.
In recent years, the domestic modified plastics industry has developed rapidly, with the average annual growth of output and apparent consumption reaching 20% and 15% respectively.
Modified plastics are widely used, mainly in automobile industry, household appliances industry, electronic appliance industry, construction industry, medical industry and many other industries. With the influence of the trends of "replacing steel with plastics", "lightweight automobiles, lightweight household appliances and fashion" and the gradual implementation of policies such as "new urbanization" and "building beautiful China", the application products of this industry will be further expanded, and the technological upgrading and innovation of enterprises and the optimization and adjustment of product structure will be beneficial to this industry.
? With more than 20 years' development experience and technical accumulation of modified plastics, diversified product categories, rich experience in material application and excellent product service, Blonde Technology has been committed to providing customers with overall solutions, constantly exploring the substitution of high-end markets and imported products, providing products with high cost performance, stable quality and fast delivery, and constantly seizing the market share of multinational companies.
(2) the company's development strategy.
The company has formulated the development strategy of "strengthening the middle, expanding both ends, leading in science and technology and developing by leaps and bounds", and vigorously developed five new materials: modified plastics, completely biodegradable plastics, special engineering plastics, high-performance carbon fiber and composite materials, and environmentally-friendly high-performance recycled plastics. After 10 years of development, it will become the world's leading chemical new material enterprise by 2025, and provide guarantee and support for national strategic materials.
Specific measures include: building a "1 355 1" R&D system based on global collaboration (1Academia Sinica, 3 regional R&D centers, 5 sub-technology centers, 5 new chemical material incubation bases and1Industry-University-Research collaborative innovation center); Further improve the international layout with American blonde hair, European blonde hair and Indian blonde hair as the fulcrum; Establish a global collaborative work system and build a management system based on business leadership model.
(3) Business plan.
In 20 17, the company will focus on the management theme of "adding value to customers, enhancing coordination, gathering and activating cadres", focusing on management promotion and introducing high-end talents, and ensuring the realization of the business objectives in 20 17 with the guarantee of innovation system, benefit evaluation system and information platform. In marketing, strengthen the leading role of marketing and improve the marketing management system. In line with the guiding principle of "strengthening the deep cultivation of the industry", the business opportunity management and customer management systems are established through CRM, and the customer management system is optimized to achieve the business objectives of value-added customers. In terms of technology, improve the core layout of technology. Create a competitive product layout through product classification management; Build an IPD R&D management platform, strengthen the management of R&D projects in science and technology, and realize "specialization in technology"; In terms of internal operation, it is necessary to carry out refined management, improve the ability of organization and coordination, advocate vigorously recruiting top talents, and cultivate high-end technical talents, technical marketing talents and industry leaders. Activate cadres and encourage bold use of new people.
(4) Possible risks.
1. The price of raw materials has gone up.
In the second half of 20 16, the price of resin raw materials began to rise continuously, while the price increase of downstream customers lagged behind, which brought great pressure on the company's costs and affected the company's profits.
The price of resin raw materials is affected by the fluctuation of international crude oil prices, and there is still great uncertainty in the future.
In 20 17, the company responded to the fluctuation of raw material prices in time through the pricing management mechanism.
2. Exchange rate risk.
At present, the company has three subsidiaries overseas: Indian blonde, American blonde and European blonde. With the globalization of the company, the proportion of overseas income in the company's income is increasing. At the same time, the proportion of raw materials imported by domestic companies is between 40% and 45%, so the change of exchange rate has a certain impact on the company's operating costs and income. To this end, the company uses the golden platform in Hong Kong to reduce the impact of exchange rate fluctuations on the company's performance. In addition, the company pays close attention to and studies the development trend of the foreign exchange market, and chooses the most favorable payment currency and settlement method to ensure the company's operating results.
3. Product competition intensifies risks.
Large international companies have low cost and leading upstream and downstream layout technology; There are many domestic manufacturers of modified plastics, and there are many small enterprises for a long time. Price competition is the main force, which lowers the profitability of the whole industry. In addition, according to the needs of its own development, the company will vigorously expand the application fields of products, vigorously promote the development of globalization, and then enter new countries, new markets and new industries, which will also lead to intensified competition.
With the enrichment of the company's product line and the appearance of brand-new products, the application fields of products are constantly expanding, and the company faces different product requirements from many countries and industries, which will inevitably lead to the rise of the company's product compliance risk. Therefore, the company set up a special team to deal with product laws and regulations, patent protection and product certification and other aspects of risk management.
Blonde Technology recently announced that the restructuring failed. According to the data, more than four months have passed since the company stopped planning major asset restructuring in June 5438+early October this year/kloc-0. Although the suspension was long, the reorganization failed to take place. In addition, a quarterly report recently disclosed by Blonde Technology shows that its performance has almost halved, and its net profit has also fallen sharply for two consecutive quarters, with non-net profit falling by nearly 70%. In addition, the gross profit margin in the first quarter was only 13.07%, a six-year low.
Subsidiary introduces related party cooperation. Blonde technology asked.
Recently, Blonde Technology disclosed the Announcement on Foreign Investment and Related Transactions and related supplementary announcements, saying that the company adjusted all the investment of its wholly-owned subsidiary Wuhan Blonde Technology Industrial Co., Ltd. (hereinafter referred to as "Wuhan Industry") into creditor's rights, but enjoyed an appreciation of 49.97 million yuan for a piece of construction land (hereinafter referred to as "project plot"), the main asset of Wuhan Industry. The company will invest in the value-added amount of the project plot, and increase the capital of Wuhan Industry in the same proportion as the related party Guangdong Shangyue Hi-Tech Co., Ltd. (hereinafter referred to as "Shang Yue Hi-Tech"). After the transaction is completed, the shares are 49% and 565,438+0% respectively.
The regulatory authorities issued an inquiry letter from the exchange, questioning whether the pricing of related party transactions is fair and reasonable, and whether there is any transfer of benefits to related parties.