China Federation of China announced the 2014 annual report and the three heavy transformation
In the evening of March 27th, ZOOMLION A (ZOOMLION) or "company" (stock share code: 000157.SZ/ 1157.HK share index: 1157.HK) released the year-round performance as of December 31, 2014. During the reporting period, the market position of key products is stable, the market share of concrete machinery and hoisting machinery is the best in the industry, and the domestic market share of environmental sanitation machinery is ranked first.
In 2014, the national fixed asset investment especially in real estate investment growth continued to slow down, resulting in concrete machinery, lifting machinery products of the two major market demand further; at the same time, in order to control risk and achieve quality management, adhere to the tight ZOOMLION annual sales policy, have a certain impact on the company's revenue. During the reporting period, the company achieved an operating income of about 25 billion 851 million yuan, and the net profit attributable to shareholders of the parent company was about 594 million yuan, with a basic earnings per share of 0.08 yuan. The Board recommends a base of 7705954050 shares of total equity and a cash dividend of RMB 0.50 yuan (including tax) per 10 shares of all shareholders.
The company believes that 2014 in the face of complex and severe external environment, the company adjust business strategy, adhere to the "quality and development" business philosophy, focus on "the general idea of lean, streamlined, open source, reduce the cost and efficiency, stable operation quality in the face of adversity, tamp the development foundation, the development of energy savings, explore business the ideas and methods of adaptation and lead the macro economy under the new normal.
Initial results in strategic transformation
The company has made great efforts to promote strategic transformation, successfully transformed from a large construction machinery enterprise to a global high-end equipment manufacturing enterprise integrating engineering machinery, environmental industry, agricultural machinery and financial services. During the reporting period, through the acquisition of Chery heavy industries formed Zoomlion machine Limited by Share Ltd, the company's formal entry into the agricultural machinery sector; through solve production bottlenecks, and realize the processing of food waste, construction waste, garbage sorting equipment industry breakthrough, the company bigger and industry environment; and financial companies to build the application is approved, it means that the financial services company the function of the platform has been a major breakthrough.
Management transformation in depth
On one hand, to strengthen the management and control of market risk management in all aspects, through the optimization of the market environment, strengthen security, build a strong market advantage, further development of the company to consolidate the foundation for the development of the future; on the other hand, vigorously promote the lowering the efficiency of work, through the procurement cost reduction, inventory control means, and human costs of cleaning up the optimization, deepen the construction process, to promote the management of change, the total cost of the company in 2014 began to decline.
Market transformation seize the opportunity
With the help of "The Belt and Road" policy opportunities, the company continued to promote the global allocation of resources, to maintain close relations of cooperation with many large-scale construction enterprises in the internationalization of the global prefix, to further improve the layout of the global network, to further enrich the global service to further improve, further integration of the global market in 2014, the industry overall exports shrink in the background, the company's overseas sales year-on-year growth.
The Secretary of the board of directors, Shen Ke, said that although the current situation is more severe, the management of the company expresses its confidence and attitude in different ways. During the 2014 general meeting of shareholders, the company's management initiative requires a comprehensive 50% cut since July 1st, until the emergence of improved business performance; some of the directors, supervisors and senior management personnel and key management personnel also buy Jia Zhuo group equity way again stock holdings of approximately 169 million shares; the board of directors, the company also launched a repurchase part of H shares general authorization bill. All of these measures reflect the company's confidence in the company's sustainable and stable development, and enhance the consistency between company management and shareholders' interests, and promote the sustained and steady development of the company.
2015 companies have full confidence in development
Looking forward to 2015, China's economy has entered the "new normal", and the steady growth trend of macro-economy will continue. The transformation and upgrading of equipment manufacturing industry will become the "new normal".
ZOOMLION will be based on the core idea of "strategic upgrading, management transformation, product upgrading and industrial transformation", so as to control the new normal and lead the new normal with new thinking and new measures. To enrich the "active practice and Internet plus" concept and plan, earnestly cultivate and promote the ultimate artisan spirit, the fusion of informatization and industrialization depth, industrial exploration and innovation "Chinese 4 edition" new thinking and new path, which lays the foundation for the establishment of high efficiency, low cost and strong service competitive advantage, for the implementation of "China 2025" and accelerate the transition to manufacturing power contribution from the manufacturing country, in order to achieve the development of low cost, high quality, ecological and sustainable.
"This year the prime minister pointed out in the government work report, to encourage enterprises to participate in overseas infrastructure construction, promote the railway, construction machinery and other China equipment to the world; to keep the railway investment in more than 800 billion yuan in the construction of major water conservancy investment of more than 800 billion yuan; to enhance the management level of urban planning and construction, in order to promote infrastructure construction; vigorously promote industrial and domestic waste resource utilization, energy-saving environmental protection industry into a new pillar industry; continuous improvement of agricultural technology and agricultural mechanization level, steadily improving the agricultural comprehensive production capacity. The ZOOMLION engineering machinery, environmental industry and agricultural machinery sector are the development of positive absolute, we believe that the company in the year 2015 will be able to sail, I go." Shin said.
Looking back to 2014, opportunities and challenges coexist. It is a way for China Alliance to expand its development in the environmental industry and agricultural industry. Although the construction machinery industry is in a downturn, it has further strengthened the confidence of the company's development. To 2015, the national policy support, environmental protection industry, the three plates together and force, makes Zoomlion on struggling for......
