June 1,*ST Yaboreleaseannouncementthe company’s application to the Shenzhen Stock Exchange for revoking the delisting risk warning and other risk warnings has been approved, on June 1SuspensionOne day, on June 2, the delisting risk warning and other risk warnings will be officially withdrawn, and the stock abbreviation will be changed from “*ST Yabo” was changed to “Yabo Shares”, and the daily limit on rise and fall was changed from “5%” to “10%”.
This means, change to “*ST Yabo“After a year, Yabo has finally successfully completed the work of “picking the stars and taking off their hats”. Recently, the company has also disclosedperformanceInformation on express reports, orders and new cooperation projects, the company will further develop “new energy+Infrastructure” track, starting a new journey of “E with zero carbon”.
Order signing accelerated, performance continued to grow
In the past two months, Yabo Co., Ltd. has repeatedly released new orders and performance reports for project cooperation. On April 27, Yabo Co., Ltd. issued an announcement that its subsidiaries andShanghai Electric PowerSubsidiary Sun companies signed a series of rooftop distributed photovoltaic (BAPV) andPV building integration(BIPV) project EPC general contractingcontractthe first batch of projects has signed contracts with a total contract value of 109 million yuan, accounting for the company’s 2021Operating incomeof 87.28%.
On April 28, the company released its first quarterly report for 2022, achieving revenue of 83.0048 million yuan, a year-on-year increase of 220.76%;net profit5.0479 million yuan, a year-on-year increase of 170.93%. As of the end of the first quarter, the company had a total of 165 million yuan of orders in hand, of which 36.5306 million yuan had been won but not yet signed, and 128 million yuan had been signed and unfinished. In summary, the company preliminarily expects that the total contract orders completed and in progress in 2022 will exceed 357 million yuan.
On May 6, Yabo shares issued an announcement again, with Conchnew energy, Xuancheng Kaisheng Construction and others jointly set up a joint venture company to build a BIPV photovoltaic building materials production line project to jointly promote the development of the BIPV photovoltaic building materials industry. The announcement mentioned that the total investment of the BIPV photovoltaic building materials production line project is about 600 million yuan, which will be constructed in two phases, of which the first phase will invest 300 million yuan. 30MW metal roof production line. The company said that, as the only EPC party in this project, this strategic cooperation with Conch Group will bring solid support for Yabo to further expand the strategic layout of BIPV, consolidate the company’s follow-up market orders, and lay a foundation for performance guarantee. From the perspective of cost-side operation, the expansion of BIPV products during the year will also bring about a further decrease in the cost of Yabo shares and an increase in profit margins.
The company said that the frequent and intensive positive announcements, the substantial growth in performance and contract orders showed that Yabo shares have greatly improved in management, operation, market development and other capabilities after it was changed to a state-owned enterprise.
Deep plowing”new energy+ Infrastructure” track, launched the “E with zero carbon” strategy
It is reported that Yabo’s main business is the metal house (wall) surface enclosure system, the development and construction of photovoltaic power plants and the integration of BIPV photovoltaic construction, and extends to the fields of intelligent buildings and digital operation and maintenance. In January 2022, Yabo shares reorganized and landed, ushering in a new holdingshareholderQuanxing Technology became a state-owned listed company in Zaozhuang City, and began to play an important leading role in Zaozhuang City’s “14th Five-Year Plan” energy plan. Quanxing Technology’s entry and careful planning not only retains the original core advantages of Yabo, but also brings a higher level of risk control and management support, stronger funds and market guarantees, and more ambitious plans for its follow-up development. Strategic planning blueprint.
On May 21, on the occasion of the seventh anniversary of Yabo’s listing, the company formally proposed a new mission of “E with zero carbon” and a new strategic implementation path of “one goal, two deepenings, and three layouts”. Among them, one goal is to build an organized and disciplined strong team, and take 2022 as the first year of reorganization, strive to maintain double-digit growth year by year, and strive to move towards the goal of tens of billions of revenue.
The two deepenings are based on maintaining the company’s advantages in the dual main business segments of metal roofing and new energy businesses, actively adapting to market changes, and deepening the business structure reform of the new energy segment; On the basis of the employment policy, the internal management reform is deepened by building a strong back-office team and polishing and selecting a middle-level management team.
The three major layouts are the core manifestation of the company’s strategy of “E with zero carbon”, that is, through the business empowerment of the company’s subsidiaries, such as Yabaite, Zhongfukai, and Sirikai, to strengthen and expand Engineering (design, design, planning and implementation), greenEnergy (green energy,energy storage), Electrical Microgrid (microgrid) sector, thus completing the three major layouts of key market resources, industrial chain extension, and deep bonding of financial attributes.
Facing the future, Yabo Co., Ltd. said that it will focus on the company’s new strategy and seize the “new energy + infrastructure” with a more complete and compliant management mechanism, a more systematic development strategy, a stronger core competitiveness and a more united enterprise spirit. “Opportunities from two super-strong tracks to achieve leap-forward growth in business and performance.
(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)