I. Overview
In the first half of 2020, under the influence of the COVID-19 epidemic, the downward pressure on the global economy will further increase, and China's economy will inevitably be affected, with more obvious risks and challenges. The company actively responded to the call of the state to postpone the resumption of work and achieved a steady resumption of work in the fastest time. After returning to work, Qi Xin, a staff member, made concerted efforts to fight the epidemic and grasp production, adopted various measures to overcome various difficulties, closely focused on the annual business objectives, assessed the situation and made overall plans, which promoted the stable development of the company. During the reporting period, the National Development and Reform Commission, Energy Bureau and other eight ministries and commissions jointly issued the Guiding Opinions on Accelerating the Intelligent Development of Coal Mines, which set new goals for the company. While doing the original explosion-proof electrical products, the company actively carries out the product layout of intelligent mines. At the same time, according to the impact of this year's epidemic, the company adjusted the original education industry and transferred its shares to Shanghai Jiapeng Culture Communication Co., Ltd. and Shanghai Yali Information Technology Co., Ltd. in an effort to reduce the impact of the epidemic.
During the reporting period, the main businesses are reviewed as follows:
1, actively prevent and control the epidemic and reduce the impact of the epidemic on production and operation.
During the reporting period, due to the epidemic situation in COVID-19, the overall production of the company was greatly affected, especially in the first quarter. The original start-up time was forced to be postponed for nearly two months and resumed at the end of April. After the resumption of production, all employees of the company overcame the difficulties of uneven arrival, suppliers' failure to return to work in time and poor logistics and transportation. In the second quarter, the production capacity was improved, exceeding the output of the same period last year. During the reporting period, the company achieved a total revenue of 3,454,665,438+0.30 million yuan, a decrease of 65,438+09.99% compared with the same period of last year, and realized a profit of 256,865,438+0.70 million yuan, a decrease of 34,565,438+0% compared with the same period of last year, of which the revenue of mine explosion-proof appliances was 25,565,438+0%.
2. Increase the main business and adjust the education development strategy.
In the first half of 2020, the National Development and Reform Commission, Energy Bureau and other eight ministries and commissions jointly issued "Guiding Opinions on Accelerating the Intelligent Development of Coal Mines", which further emphasized the importance of the deep integration of the new generation of artificial intelligence with energy development and energy industry management services, and put forward the phased goal of intelligent development of coal mines. The development of intelligent coal mines will become the focus of supporting the development of coal mine production in the next few years, and the state will increase investment in intelligent coal mines. According to the spirit of the document and the future development of the industry, combined with the existing advantages, the company accelerated the pace of intelligent development of coal mines. During the reporting period, the company established a strategic partnership with the 51st Research Institute of China Electronics Technology Group, introduced relevant talent teams, and increased investment in research and development of smart mines.
During the reporting period, due to the epidemic situation in COVID-19, the education and training industry was greatly affected, and education companies could not operate normally. According to the current situation, the company timely adjusted the company's existing educational assets, optimized the existing educational assets, and sold the equity of Jiapeng Culture and Yali Technology to minimize the impact of the epidemic on the education sector.
3. Strengthen internal integration and develop through multiple channels in the manufacturing field.
During the reporting period, Yulong Intelligent, a military subsidiary involved in the company's manufacturing sector, successfully obtained the national second-class confidentiality qualification, and is subsequently applying for the qualification of weapons and equipment manufacturing.
The company invested in Zhejiang Zhao Yu Electric Technology Co., Ltd., actively carried out the business of chemical explosion-proof industry, and will improve the certification and product development of chemical products in the future. The acquisition of minority shares of Dudley and Taiyida by the company, and Dudley and Taiyida become wholly-owned subsidiaries of the company, is conducive to improving the development of power special equipment industry, focusing on the development of the company's core industrial manufacturing sector, enhancing the overall competitiveness of listed companies, better completing the company's strategic layout, promoting the company's manufacturing sector to become bigger and stronger, improving the decision-making efficiency of subsidiaries, and enhancing the ability of sustainable development.
4. Accelerate the layout development of intelligent mines.
During the reporting period, the National Development and Reform Commission, the Energy Bureau and other eight ministries and commissions jointly issued the Guiding Opinions on Accelerating the Intelligent Development of Coal Mines, and the state increased its investment in the construction of intelligent mines. According to the future development plan of smart mines, the company has intensified the research and development of new products of smart mines and actively participated in the construction of smart mines. During the reporting period, the company signed a strategic cooperation agreement with the 51st Research Institute of China Electronics Technology Group Corporation. The two sides jointly developed core technologies such as mine intelligent perception, positioning technology, mining area communication and information fusion processing, and worked together to tackle key technologies such as smart mines, transparent mines, mining robots (300024), mine big data and artificial intelligence, 5G and Internet of Things. The company will gather all resources and strive to make efforts in the construction of intelligent mines.
Three. Analysis of core competitiveness (1) Advanced advantages in technology The company always regards technological innovation as an important driving force for further development, pays attention to forward-looking R&D work oriented to customer needs and technological development trends, continuously increases investment in product R&D, and establishes an efficient R&D system for new products and technologies and a perfect product verification system. In recent years, the company has obtained many patents through independent research and development and product upgrade. In 20 19, the company added 2 1 item of utility model patent for mine explosion-proof products. The technical indicators of the company's intelligent explosion-proof switchgear and intelligent safety monitoring system are in a leading position, and it was rated as a provincial enterprise research institute by Zhejiang Science and Technology Department, Development and Reform Commission and Economic and Information Committee, and won Yueqing Science and Technology Award and key innovation team. 20 19 permanent magnet high-voltage vacuum power distribution device 20 19 was recognized as "made in Zhejiang", and the company's technology center was recognized as Zhejiang enterprise technology center. (2) Stable customer resource advantages. Explosion-proof electrical apparatus is an important equipment to ensure production safety in special high-risk situations, and it is also a compulsory product for national safety production. Downstream enterprises attach great importance to the technical level, quality stability, brand, scale and past use records of equipment suppliers. In order to strengthen safety in production and reduce the risk of product procurement, downstream enterprises actively implement the systems of "equipment supply chain", "key suppliers" and "excellent suppliers", determine the suppliers of explosion-proof electrical appliances with reliable product quality through evaluation, and give priority to purchasing equipment from the selected suppliers, thus forming a stable strategic cooperative relationship with explosion-proof electrical appliances suppliers, and the company has high customer loyalty. (3) Scale advantage The company is the leading enterprise of explosion-proof electrical appliances in China and has obvious scale advantage. According to the description of explosion-proof electrical appliances branch of China Electrical Apparatus Industry Association, our company occupies a leading position in the field of mine explosion-proof electrical appliances, and the mine explosion-proof electrical appliances produced have always been in a leading position in the industry in terms of technology and product sales, and are leading enterprises in the industry. The company is in a leading position in the field of mine explosion-proof electrical appliances in China in the sales of high-voltage vacuum power distribution devices, feed switches, starters, combination switches, soft starters and other products. (4) Advantage company with complete product range is one of the enterprises with relatively complete categories of mine explosion-proof electrical appliances in China. The company has a full range of products, mainly involving mine automation systems, explosion-proof switches, control and protection products, etc. , forming a relatively complete product line, which can meet the demand of the mainstream market for mine explosion-proof electrical appliances. The company's product line is comprehensive and complete, basically covering the demand of coal mining enterprises for mine explosion-proof electrical appliances. In recent years, with the implementation of the national supply-side reform, coal mine production and operation have become more centralized, and customers have put forward higher requirements for products. Mining products need intelligence, energy saving and environmental protection. The company invests a lot of research and development every year, and the new products are constantly updated, which ensures the integrity of the product series. (5) Advantages of industrial clusters Yueqing City, Zhejiang Province is a famous hometown of China electrical appliances, and the development of explosion-proof electrical appliances industry has unique advantages. After more than 20 years of development, Yueqing City has formed the largest production base of explosion-proof electrical appliances in China, and there are many enterprises producing various types of explosion-proof electrical appliances, with obvious agglomeration effect. At the same time, Yueqing has formed a complete industrial chain with high social division of labor, strong supporting capacity and relatively low supply cost. Since its establishment, the company has established a long-term and stable strategic partnership with suppliers through a close technical and quality collaborative management mechanism, so that the company's production resources are concentrated on manufacturing core components, giving full play to the advantages of efficient and complete industrial clusters in Yueqing, effectively improving production efficiency and reducing production costs. (6) Brand Advantage Company is one of the earliest enterprises that produce mine explosion-proof electrical appliances in China. Adhering to the development concept of "leading the industry with professional and scientific quality". After years of continuous development, it has gained high market recognition, and brand value, brand influence and customer loyalty have been continuously improved. Customers have a high evaluation of the performance, quality and after-sales service of the company's products. (7) Excellent and stable management team and management advantages The company has a stable management team, and most of the managers are veterans in the explosion-proof electrical appliance industry. They have accumulated rich experience in R&D, production, management and sales, created an excellent staff and trained a group of management talents with professional knowledge, pragmatic enterprising spirit and modern business philosophy. Employees have high loyalty to the company, and most of them have worked in the company for more than many years. The main leaders of the company are dedicated, professional, young and harmonious, and have high loyalty to the company. Since its establishment, the company has attached great importance to the internal training of talents, constantly introduced excellent management talents and R&D personnel, attracted outstanding talents to join with reasonable treatment, good mechanism and excellent corporate culture, and established a long-term retention mechanism. Under the leadership of an excellent and stable management team, the company has established a perfect enterprise management system, strictly standardized the business activities of enterprises, and implemented all-round quality control in product design, raw material procurement, product production, sales and after-sales service. The company is an enterprise that obtained ISO900 1 system certification earlier in the industry, and passed ISO 1400 1 environmental management system certification and OHSAS 1800 1 occupational health and safety management system certification, which laid a solid foundation for the company's efficient and sustainable development. In addition, the company takes advanced information technology as a means to optimize the company's human, material, financial and information resources through the information management of the company's resources, supply chain and customer relations, and reduce the whole process operating costs. The company makes full use of management advantages, grasps market changes in time, adjusts plans in time, seizes market opportunities and expands enterprise development. (8) The Ministry of Industry and Information Technology and China Federation of Industrial Economics jointly issued "The Second Batch of China Single Champion Demonstration (Cultivation) Enterprises" on 20 17 * *, and our company was awarded the single champion cultivation enterprise of manufacturing industry. This honor proves that the company is in a leading position in the field of explosion-proof electrical appliances, and the company will take this opportunity to do a good job in enterprise management, new product research and development, product service and improve the overall competitiveness of the enterprise. In 20 19, the company was rated as the "invisible champion" cultivating enterprise in Zhejiang province by the Zhejiang Provincial Department of Economy and Information Technology. In 2020, it was listed as the innovation leader (gazelle) enterprise in Wenzhou National Independent Innovation Demonstration Zone in 2020.