CHAIRMAN'S SPEECH
Looking back at the past year of 2023, Huiyun Titanium Industry closely focused on promoting the goal of high-quality development of the enterprise, taking "cost reduction and efficiency improvement" as the starting point, firmly grasping the four key points of internal control, on-site management, market development, and project construction, and achieved remarkable results. In 2023, the sales volume of titanium dioxide exceeded 100000 tons, reaching 107000 tons, a year-on-year increase of 28.16%; Operating revenue was 1.652 billion yuan, a year-on-year increase of 9.22%; The net profit attributable to the owners of the parent company was 41.038 million yuan, an increase of 189.59% compared to the previous year.
This year, we focused on innovative development. The company continues to promote research and innovation investment, strengthen cooperation with universities, research institutions, etc., and accelerate the innovation process and development. One of the company's capital raising project is the construction of a research and development center, which provides ample support for subsequent technological research and development.
This year, we have promoted operational management. The company adheres to compliance governance, continuously improves its internal management system and internal control mechanism, enhance the integrated coordination and collaboration among the general meeting of shareholders, board of directors, and board of supervisors, continuously implements party building work, and promotes the company's standardized management to a new level.
This year, we have been striving to fulfill our social responsibility. The company always adheres to the business philosophy of "people-oriented", implements employee care, guarantees various welfare benefits for employees, and organizes activities such as summer cooling off, fun sports games, and excellent employee recuperation. We have carried out support for education, culture, and rural revitalization in the jurisdiction where the company is located, with a cumulative public welfare expenditure of 1.745 million yuan.
The high-quality development of the company cannot be achieved without the care and support of shareholders, partners, and people from all walks of life, and even more importantly, the hard work of all employees. In 2024, Huiyun Titanium Industry will continue to adhere to the company's core values and mission, and accelerate the high-quality development of the enterprise.
