Businesses . . . Gyelp Titanium's 2019 net profit down 75.49% YoY

May 20, Kimpu Titanium Co., Ltd(stock short for: Kimpu Titanium Industry, stock code: 000545) finally released the 2019 annual report, said that 2019 is the Jinpu titanium industry safety and environmental protection, production and operation of the double pressure continued to play a high load role of the year, the company faces the test, overcome the short board, play an advantage, resolve multiple risks, actively respond to pressure and challenges, to ensure the normal operation of enterprises2019, affected by the "3.21" accident, The Jinpu titanium industry on the one hand by the safety and environmental pressure continued to strengthen, high raw material prices, production costs rise, on the other hand by the macroeconomic downturn and weak demand in downstream industries, product sales prices decline, to the production and operation of great pressureit was disclosed that in 2019, Jinpu Titanium industry completed a total of 145,200 tons of titanium dioxide production, completed the sale of titanium dioxide 146,000 tons, a total operating income of 1.885 billion yuan, an increase of 1.63% over the same period last year;products: widely used in the domestic market, the foreign market has grown substantially
it is understood that the upstream of titanium dioxide production for titanium mining enterprises and sulfuric acid production enterprises, downstream mainly for coatings, plastics, paper, ink, chemical fiber and other enterprises, of which coatings, plastics and paper three downstream industries accounted for about 60%, 20% and 10%, its market demand changes and the real estate market climate is highly correlatedat present, China has become the world's largest producer and consumption of titanium dioxide, the total output of titanium dioxide in 2019 3.18 million tons, an increase of 7.69 percent year-on-yearDomestic titanium dioxide enterprises are mainly concentrated in Sichuan, Shandong, Anhui, Henan and Hubei and other gold and redstone mineral resources or near the sales terminal provincesIn terms of market concentration, titanium dioxide industry products are homogenous and competitiveJinpu titanium industry is one of the larger sulfuric acid titanium white powder production enterprises, the main products include gold-redstone-type titanium white powder and sharp titanium-type titanium white powder, of which Nanjing titanium white mainly produces gold-redstone titanium white powder, Xuzhou titanium-type titanium white powder and sharp titanium-type titanium white powder productioncompany through the integration of sales, procurement channels, relying on Nanjing and Xuzhou two major production bases of titanium dioxide, reasonable allocation of resources, maximize the advantages of production capacity scaleAt present, Nanjing titanium white and Xuzhou titanium white have been recognized as "high-tech enterprises", of which Nanjing Titanium White has provincial enterprise technology center and Jiangsu Province functional titanium dioxide engineering and technology research centeramong them, the company's redstone-type products NR950 in the domestic key pipe profile enterprises are widely used, NR9503 products in the domestic key water-based coating customers are widely used, NR930 products also successfully entered the color master enterprises, NR960 and NR956 new products in the high-end coatings and paper industry, the use of good results, access to the marketin 2019, Kimpu Titanium industry in the titanium dioxide industry to achieve revenue of 1.815 billion yuan, accounting for the company's total revenue of 96.30%Among them, the gold redstone titanium dioxide products achieved operating income of 1.453 billion yuan, accounting for 77.07 percent of the company's total revenue, and the sharp titanium-type titanium dioxide products achieved operating income of 362 million yuan, accounting for 19.21% of the company's total revenueit is worth mentioning that in the 2019 fiscal year, Jinpu Titanium's domestic market revenue was RMB1,607 million, down 1.90% YoY, but in foreign markets achieved significant growth, revenue reached RMB278 million in the reporting period, up 28.28% YoYIt can be seen that the company's ability to develop in foreign markets has been greatly improved research and development: a number of products are identified as high-tech According to financial understanding, The Jinpu titanium industry currently has a complete management and research and development team, gathered a professional management, technical team, with strong research and development capabilities and technical strength As a "high-tech enterprise", the company has been established in Jiangsu Province identified as the enterprise technology center, Jiangsu Province functional titanium dioxide engineering technology research center, Nanjing City functional titanium dioxide engineering laboratory, selected in Nanjing post-doctoral innovation practice base at the same time, the company makes full use of its own technical strength and improve production facilities, the development and production of a variety of popular titanium white powder products, covering the two series of gold-redstone type, thume titanium-type titanium powder more than ten varieties, including high-performance gold-redstone titanium white powder products, high-performance titanium-type titanium powder products, water-based system with redstone titanium powder and color system with redstone titanium powder and other products identified as "high-tech products." in 2019, the number of research and development personnel in the Jinpu titanium industry was 136, accounting for 13.74 percent, and the amount of research and development investment reached 63.4006 million yuan During the reporting period, Kimpu Titanium also passed the certification of the intellectual property management system In 2019, 3 invention patents and 1 utility model patent were filed for "A preparation method for the preparation of a titanium-type titanium dioxide of the aluminum-coated film" and received acceptance environmental protection: increase relevant investment, establish a management system
Kimpu Titanium industry in the annual report focused on the company attaches great importance to environmental protection work, the establishment of the HSE Committee is fully responsible for the formulation of environmental protection development strategy The leadership is responsible for the decision-making and coordination of major environmental protection issues, the company's environmental protection management department is responsible for the company's environmental protection and energy conservation and emission reduction work, each workshop has a full-time HSE staff and the director of the HSE, forming a top-down effective environmental management system , Jinpu Titanium subsidiary Nanjing Titanium white through the "waste acid concentration technology reform" and "yellow gypsum emission reduction" project, to achieve all the comprehensive utilization of waste acid, yellow gypsum reduction effect is obvious Xuzhou Titanium has passed the upgrading of environmental protection facilities, environmental protection work in a comprehensive standard, successfully obtained a safe production license and sulfuric acid products industrial production license at the same time, the company also installed automatic online monitors for wastewater and exhaust gas discharges, and adopted multi-stage measures to reduce wastewater emissions The measure has achieved remarkable results Through internal technological innovation and process optimization and improvement, the consumption per unit of products and waste water emissions are effectively reduced, and the company's economic and environmental benefits are enhanced at present, Kimpu Titanium industry to establish and continuously improve the environmental management system, has been ISO14001 environmental management system international standard certification The company's environmental management system covers the whole process of production and service of titanium dioxide products environmental management activities Every year, the internal auditors of the organization conduct internal audits and implement management reviews of the system, and regularly receive external audits by external certification and audit bodies to ensure the continuous adaptability, adequacy and effectiveness of the environmental management system and to achieve continuous improvement of overall environmental performance