远兴能源(000683) - 2022年6月15日投资者关系活动记录表

Company Overview - The company operates in two main sectors: natural soda chemical and coal chemical, with three primary products: soda ash, sodium bicarbonate, and urea. The production capacities are as follows: soda ash 1.8 million tons/year (equity capacity 1.47 million tons/year), sodium bicarbonate 1.1 million tons/year (equity capacity 0.9 million tons/year), and urea 1.6 million tons/year (equity capacity 1.23 million tons/year) [4]. Financial Performance - In Q1 2022, the company achieved a revenue of CNY 2.681 billion, representing a year-on-year increase of 19.81%. The net profit attributable to shareholders was CNY 792 million, up 137.79% year-on-year, while the net profit excluding non-recurring items was CNY 790 million, also up 137.76% year-on-year. The weighted average return on equity was 5.03%, and earnings per share were CNY 0.22 [4]. Investor Interaction - The company is currently in the process of supplementing materials for a restructuring according to regulatory requirements, with intermediary institutions conducting additional verification [4]. - The energy consumption report for the Yinkeng Mining natural soda project has been approved, with an approved energy consumption index of 98,300 tons [4]. - The company has obtained a water usage index of 3.5 million cubic meters, with ongoing efforts to secure remaining water usage indicators [5]. Production and Inventory - The company maintains a balanced production and sales of soda ash and sodium bicarbonate, with relatively low inventory levels [5]. - The production of sodium bicarbonate includes food-grade, feed-grade, and industrial-grade products, with food-grade and feed-grade products accounting for approximately 70% of total production [5]. Market Strategy - The company aims to become a leading enterprise in the soda ash industry and a regional leader in nitrogen fertilizer, focusing on technological innovation and optimizing business structure to align with national strategies and market demands [4].