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BEIJING, April 20, 2021 /PRNewswire/ Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (SZ 002271) (Oriental Yuhong) officially released its annual report for 2020 and first quarter report of 2021 on the night of April 15 Beijing time.
Oriental Yuhong s Performance Remained Stable and Growth Beat Market Expectations
According to the report, Oriental Yuhong s total operating revenue hit US$3.326 billion in 2020, up 19.70% from last year; net profit attributable to the listed company s shareholders reached US$519 million, a year-on-year increase of 64.03%. The reporting period saw continuous improvement in the quality of operation, with the net cash flow from operating activities registering US$605 million, a rise of 148.70% over the previous year. With steadily growing market share and long-term strong execution, Oriental Yuhong s performance growth beat market expectations.
ChinaBeijingWuhanHubeiYuhongHainanYuhong-waterproof-technology-co-ltdOriental-yuhongPerformance-remained-stableGrowth-beat-marketBeijing-oriental-yuhong-waterproof-technology-coFebruary 18, 2021
BEIJING, Feb. 18, 2021 /PRNewswire/ Recently the unveiling ceremony of the Yanshan Petrochemical & Oriental Yuhong Joint Laboratory for Development and Application of High-performance Waterproof Materials, set up by Sinopec Yanshan Petrochemical Company (Yanshan Petrochemical) and Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (Oriental Yuhong) (Shenzhen: 002271), was held in Beijing, China.
The establishment of the joint lab is another move to deepen the strategic cooperation between the two sides. They will continue to write new chapter of high-quality, sustainable cooperation through collaborating in R&D and projects to make innovation as well as roll out and apply new products. Li Gang, Chairman of Yanshan Petrochemical, and Li Weiguo, Chairman of Oriental Yuhong, delivered speeches at the ceremony.
ChinaBeijingYanshanGuangdongLi-gangYuhongHainanLi-weiguoSinopecYuhong-waterproof-technology-co-ltdSinopec-yanshan-petrochemical-companyYanshan-petrochemical