The Yellow River whirlwind revenue of 848 million yuan in the first half of the year increased by 4.84%

Abstract The Yellow River Cyclone (600172) released the 2015 semi-annual report on the evening of July 27. The company achieved operating income of 848 million yuan in the first half of the year, an increase of 4.84% year-on-year; the net profit attributable to shareholders of listed companies was 105 million yuan, a year-on-year decrease of 7. ...
The Yellow River Cyclone (600172) released the 2015 semi-annual report on the evening of July 27. The company achieved operating income of 848 million yuan in the first half of the year, an increase of 4.84% year-on-year; the net profit attributable to shareholders of listed companies was 105 million yuan, a year-on-year decrease of 7.3%. Due to the increase in sales of super-hard materials and super-hard composite products, the company's operating income increased year-on-year.

During the reporting period, in the face of the downward pressure on the domestic economy, the company actively raised awareness, changed awareness, and improved its thinking. The company continued to maintain its development strategy based on superhard materials in accordance with the established strategic plan, while taking into account the new growth in the field of carbon materials. Point, increase the research and development of products in the whole industry chain, actively expand the middle and lower reaches of the industry, highlight the company's problems in the entire industrial chain of super-hard materials, and continue to consolidate the company's position in the super-hard materials industry. First, further increase investment in scientific research, adhere to scientific and technological innovation to promote sustained and healthy development of enterprises, accelerate the structural adjustment of products; further strengthen the research and development of products in the whole industry chain, actively expand the middle and lower reaches of the industry, and more prominently highlight the company in the superhard materials industry. The comprehensive advantages of the chain; Second, further strengthen the performance appraisal, adhere to the economic indicators as the core, with the principle of "centralized management, comprehensive advancement, key breakthroughs", layer-by-layer decomposition, monthly tracking, so that the overall performance of the company is Significantly improved; Third, further strengthen process innovation and re-engineering, and use the results of internal control to effectively promote the company's production and operation activities to be safer, more efficient, energy-saving and environmentally friendly; Fourth, further optimize the company's marketing model and customer credit management, Solidly and steadily promoted the control of market business development and the risk of accounts receivable; further highlighted "three new (new products, new processes, new channels), improved three (automation, information, credit), practice three Force (implementation, execution, assessment), achieving three highs (high level, high Rate, high efficiency) business culture "to implement every aspect of production and management company, the effective realization of the company's solid growth in sales revenue. Fifth, further develop the development strategy of the company's scale expansion and structural upgrading through the capital operation mode in the capital market through mergers and acquisitions and reorganization in line with the national industrial strategic plan.

After the reporting period, the company will further promote the following work:
(1) Adhere to the market-oriented, lead development with scientific and technological innovation, continue to insist on strong support for R&D expenditure, further improve the introduction, cultivation and appointment of high-level scientific and technological innovation talents, and further develop the comprehensive advantages of enterprise technology innovation platform, and further Implement the incentive mechanism for scientific and technological innovation, promote technological performance and productivity with technological innovation, and enhance the core competitiveness and profitability of the company's products.

(2) Continue to promote the company's internal control and budget and information construction, continue to innovate the process, continue to promote performance appraisal, further optimize the company's marketing model and customer credit management, adhere to the "quality growth" development concept, and further optimize the industrial layout And resource allocation, integration of production, research and research resources, steady implementation of strategic objectives, and steady improvement of the company's operating efficiency.

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