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Tianqi shares: Hubei Lidi's business covers scrap steel processing equipment, scrap car dismantling equipment, non-ferrous metal processing and sorting equipment, comprehensive utilization of renewable resources, and energy-saving and environmental protec
2021-09-01 08:33:52

Investor: The country has recently raised its industrial base to a new strategic level. As a key enterprise of the former Ministry of Machinery, your company’s core subsidiary, Lidi Machine Tool, do you have any new strategic plans?

Secretary of the board of Tianqi shares: Dear investor, hello! The company's holding subsidiary Hubei Lidi Machine Tool Co., Ltd. focuses on the research and development, manufacturing, sales and service of environmental protection equipment. Its business covers scrap steel processing equipment, scrap automobile dismantling equipment, non-ferrous metal processing and sorting equipment, comprehensive utilization of renewable resources and energy saving Environmental protection equipment and services, etc. Hubei Lidi Machine Tool will continue to focus on the innovation and development of "specialized, special, new and refined" in subdivisions, actively develop green manufacturing, develop circular economy, promote resource conservation and recycling, and promote the transformation and upgrading of traditional industries. Thank you for your attention!

Tianqi's 2021 mid-year report shows that the company's main operating income was 1.851 billion yuan, an increase of 17.86% year-on-year; net profit attributable to the parent was 77.856 million yuan, an increase of 587.23% year-on-year; non-net profit was 64.54 million yuan, an increase of 726.14% year-on-year; debt ratio was 63.8 %, the investment income is 1.0505 million yuan, the financial expenses are 45.775 million yuan, and the gross profit rate is 20.49%.

Tianqi shares main business: design, manufacture, installation and management of intelligent automation system engineering, design and construction of optical mechatronics and environmental protection engineering; design and manufacture of intelligent equipment and robots; self-operating and agency of various products and technologies Import and export business; system integration control software, industrial control software and electronic computer supporting equipment development, manufacturing and sales. Development, design, manufacturing and after-sales service of wind turbines and parts (limited to branch operations)

The chairman of the company is Huang Bin. Huang Bin, male, Han nationality, born in 1982, Chinese nationality, no permanent residency abroad, university degree, graduated from the University of Melbourne, Australia majoring in international finance, joined the company since 2007, and served in the company's second and third sessions. Director of the 4th, 5th and 6th Board of Directors. Currently serving as the chairman and general manager of the seventh board of directors of the company, executive director of Jiangsu Tiansheng Supply Chain Management Co., Ltd., chairman of Wuxi Tianqi Precision Technology Co., Ltd., director of Jiangsu FAW Casting Co., Ltd., and Jiangsu Tianqi Circular Economy Industry Investment Co., Ltd. Executive Director and General Manager of the company, Executive Director and General Manager of Tianqi Lidi (Hubei) Environmental Technology Group Co., Ltd., Chairman of Hubei Lidi Machine Tool Co., Ltd., Chairman of Yichang Lidi Environmental Protection Machinery Co., Ltd., Jiangsu Tianqi New Energy Executive Director of Integration Co., Ltd., Vice Chairman of Changchun FAW Tianqi Process Equipment Engineering Co., Ltd., Director of Ningbo Scrap Automobile Recycling Co., Ltd., and Director of Tongling Tianqi Blue Sky Machinery Equipment Co., Ltd.

Hubei Lidi Machine Tool Co., Ltd. was founded in 1969 and has gone through three stages of development. Currently, it belongs to Tianqi Group (stock code: 002009). The company is located in Yichang, Hubei. It is a national key high-tech enterprise with 8 service subsidiaries located in Tianjin, Tangshan, Wuxi, Changsha, Chengdu, Guangzhou, Xi'an and other places. The company has more than 300 employees, of which 40% have a college degree or above, 10% have a master's degree or above, and 20% are professional and technical R&D personnel.

The company has long focused on the research, development, manufacturing and sales of environmental protection equipment manufacturing, and is committed to becoming the world's leading resource recovery and recycling system solution and complete set of equipment integrated service providers. The business covers five major sectors: scrap steel processing, scrap car dismantling, non-ferrous metal processing and sorting, comprehensive utilization of renewable resources, energy conservation and environmental protection, involving important industries such as steel, automobiles, non-ferrous metals, resource recycling, environmental protection, and many well-known domestic and foreign companies Formed a strategic partnership and enjoys a high reputation in the industry. Hubei Lidi’s core sales equipment include: ELV car dismantling, end life of vehicle car dismantling, Scrap metal shredder, Scrap hammer shredder, Scrap metal shear, Scrap metal baler, Scrap metal pre-shredder, non ferrous sorting, Hubei Lidi strives for Under the guidance of the national "One Belt One Road" strategy, we will expand friendly cooperation globally, enhance exchanges, and discuss the "green development" plan.

In the future, Hubei Lidi will, under the leadership of a team with General Manager Li Mingbo as the core, take the path of joint, cross-border, and innovative international development. As always, we are committed to the implementation of complete sets of environmental protection equipment, intelligence, refinement, informatization, and harmless environmental protection, to promote the development and upgrading of the environmental protection equipment industry, and make unremitting efforts to build a "beautiful China" and achieve a sustainable future struggle.

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