On October 26, Yinuowei (834261), a listed company on the Beijing Stock Exchange, released its third quarter report for 2023. In the first three quarters, it achieved operating income of 4.664 billion yuan and net profit attributable to the parent company of 88.7 million yuan.
Among them, in the third quarter of 2023, the company achieved operating income of 1.652 billion yuan, a year-on-year increase of 1.75%; it achieved net profit attributable to the parent company of 30.59 million yuan.
In addition, as of the end of September, the company’s projects under construction were 189 million yuan, an increase of 53.77% compared with the beginning of the period, mainly due to the increase in investment in the expansion project of the company’s investment project with an annual output of 340,000 tons of polyurethane series products.
According to the data, Yinuowei’s business scope focuses on the production and sales of polyurethane raw materials and other downstream derivative products of EO, PO, AA, and also operates polyurethane raw materials such as PPG, MDI, and TDI.
According to reports, the company has independently developed and mastered a number of core technologies for the production and application of polyurethane materials, forming an independent innovation technology system. In addition, it has more than 420 invention patents that have been authorized and valid. It has also presided over or participated in the drafting of 20 national standards and multiple industry standards, and obtained more than 40 provincial and municipal scientific and technological achievement appraisals.
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