Panorama Network August 26th News Runhe Materials (300727) released the semi-annual results report for 2019 on Monday evening. The company achieved operating income of 283 million yuan in the first half of 2019, a decrease of 11.14% over the same period of the previous year; Profit was RMB 26,817,700, a decrease of 10.89% over the same period of the previous year; basic earnings per share were 0.21 yuan, compared with 0.24 yuan in the same period last year.


As a leading company in the field of fine chemicals, Runhe Materials currently focuses on the research and development, production and sales of organic silicon deep-processing products and textile printing and dyeing auxiliary products. Relying on leading research and development, sales channels, brand effects and excellent quality products, the company firmly grasps the opportunity of rapid development of the market segment of the organic silicon segment, and is guided by "deepening corporate customers and providing professional services" to continue to promote product technology innovation and new Product launch.


In the first half of 2019, the global economic and trade growth slowed down simultaneously, protectionism rose, geopolitical instability and increased economic operation risks. Although China's economic operation remained within a reasonable range, the domestic and foreign environments facing economic development are still intricate and complex. There are many factors and challenges affecting the domestic economy. In the industry sector where the company is located, the price of raw materials fluctuates frequently, the industry's safety and environmental protection requirements continue to increase, and the industry's in-depth reshuffle and integration continue to accelerate. During the reporting period, the company seriously responded to changes in the situation, continued to accelerate the pace of scientific and technological research and development, actively explored domestic and foreign markets, strictly implemented safety and environmental protection requirements, introduced high-tech top talents from multiple channels, and strived to build corporate brand awareness. Order to carry out various tasks steadily.


Runhe Materials said that the company's main business continued, stable and healthy development. In the first half of the year, the company optimized its governance structure, and its governance level has been greatly improved; the comprehensive performance of high-value-added products has been improved; the international market has been rapidly deployed and expanded; the domestic market has been greatly improved in terms of regional management, target assessment, and marketing team execution. The improvement of comprehensive marketing capabilities is obvious.


During the reporting period, the company has two major production bases in Zhejiang Ninghai and Zhejiang Deqing, and Jiangxi production base is under construction. As for the Deqing production base, the company has accelerated the construction of the fundraising investment project "an annual output of 25,000 tons of organic silicon new material expansion project" in accordance with the plan. The completion of this project can optimize production capacity and enrich product categories, and enhance the company's scale advantage and competitiveness. . At present, the fund-raising project has basically completed the main construction of the project, and it is expected to be officially put into production in March 2020.


In terms of Ninghai production base, the company plans to carry out Ninghai production base production expansion and equipment technological transformation project. This project will realize eco-friendly, green and environmentally friendly production and office environment, strengthen fine control of production costs, improve production efficiency and automated production level. To provide the company with more timely and high-quality products to the market and customers.


In addition, according to the company's development strategy, the company has set up the third largest production base in Yongxi, Jiangxi, and invested in the construction of a "production project of 35,000 tons of organic silicon new materials and its ancillary products". The project is implemented in the national new industrialized organic silicon industry. Demonstration base, national torch plan organic silicon industry base. The project will make full use of the industrial alliance and policy advantages in the region to improve the company's industrial layout. As of the disclosure date of this report, Jiujiang Runhe, a wholly-owned subsidiary of the company, has obtained the land property certificate, the project construction equipment letter and the construction land approval letter for the land for the "production project of 35,000 tons of organic silicon new materials and its ancillary products".