In The Month, Yanjiang Shares, Which Were Ordered By 481 Tons Of Melt Blown Nonwovens, Wanted To Expand The Capacity Of 16-18 Tons Per Day.

Perforated non-woven fabric leader, Xiamen Yanjiang new material Limited by Share Ltd (hereinafter referred to as "Yanjiang stock"), in reply to the letter of the Shenzhen Stock Exchange in the evening of April 22nd, said that the company has completed the related work of upgrading the civilian melt blown non-woven production line into a medical meltblown nonwoven production line, and the daily output of medical melt blown non-woven fabric can reach 14 tons, and the company will connect it according to its capacity. Single. At present, the company is in short supply of melt blown nonwovens, and the company is actively striving to expand production capacity to meet customer demand.

Yanjiang shares introduced that the current melt blown non-woven fabric Nissan can reach 14 tons, with a monthly capacity of 420 tons. In April, the company received orders of 481 tons, with an order capacity ratio of 114.52%. In April, the number of customer orders was 99, an increase of 27 over March. The company plans to expand its capacity to 16-18 tons / day, and the capacity expansion plan will be completed by the end of April. At present, the personnel needed to expand the production capacity have been recruited, the main equipment of the production line has been put in place, the installation and commissioning of the equipment have already started, and it is expected to be put into trial production in April 30th. The expansion plan is feasible according to the company's existing personnel and equipment.

Yanjiang shares also disclosed that the company's medical melt blown non-woven fabrics began selling in April. As of today, the company's sales of medical melt blown nonwovens have already confirmed revenue of about 54 million yuan. Due to the fact that the financial accounting has not yet been completed in April, the profit data and proportion of medical melt blown non-woven fabrics are temporarily unable to be provided. According to the current medical melt blown nonwovens orders and delivery, production capacity, production scheduling and other factors, it is expected that the impact on 2020 performance will exceed 32 million 924 thousand and 300 yuan (40% of the net profit audited last year).

In terms of civilian melt blown non-woven fabrics, Yanjiang shares are still in production. Previously disclosed orders for about 113 tons will be completed before the end of April. The company's orders have been completed in May, except for a small amount of civilian melt blown non-woven fabrics (less than 50 tons), all of which are medical meltblown non-woven fabrics. In June, it is still in the stage of receiving orders. From the current order situation and market demand, it is mainly based on medical melt blown nonwovens. In the second half of the year, if the epidemic situation is eased, the demand for medical melt blown nonwovens decreases and the company has surplus capacity, the company will continue to accept the order production of civilian melt blown nonwovens. In the first quarter of 2020, the sale of civilian melt blown nonwovens has already confirmed revenue of about 26 million yuan, with a profit of about 17 million yuan and a profit of about 45%.

Yanjiang shares said frankly, because the melt blown non-woven business is the new market demand during the new crown epidemic, its demand and market price are special, and the duration of the new crown disease can not be accurately estimated. There is great uncertainty in the market demand for melt blown nonwovens. The risk of slowing demand and falling prices.

It is reported that as of now, Yanjiang shares other than melt blown nonwovens business other main business is mainly used for sanitary napkin, diaper surface PE perforated film and perforated non-woven sales business. In the first quarter of 2020, PE perforated membrane and perforated nonwoven fabrics achieved sales revenue of about 248 million yuan, an increase of about 6.5% compared with the same period last year. Sales accounted for about 90%, and profit was about 21 million yuan, an increase of about 140% over the previous year, which contributed about 55% of the company's profits and remained the main business of the company.

Public information shows that Yanjiang shares were established in 2000, mainly engaged in the research, production and sale of disposable sanitary products surface materials. In 2019, Yanjiang shares achieved a business income of 1 billion 38 million 112 thousand and 500 yuan, an increase of 35.48% over the same period last year, and the net profit attributable to shareholders of listed companies was 82 million 310 thousand and 700 yuan, an increase of 69.32% over the same period last year.

According to the products, the business income of punched nonwoven business was 426 million 236 thousand yuan, an increase of 6.31% over the same period last year, and the PE membrane business realized a business income of 443 million 651 thousand and 100 yuan, an increase of 60.47% over the same period last year. The net cash flow generated by the company's business activities was 74 million 223 thousand and 100 yuan, an increase of 88.06% over the same period last year.