longyuan construction group co., ltd.-pg电子麻将胡了

on april 20,longyuan construction(600491) released the 2020 annual report, the company achieved an operating revenue of 17.787 billion yuan, a net profit attributable to shareholders of listed companies of 809 million yuan, and a basic earnings per share of 0.53 yuan.

in 2020,longyuan constructionaccording toaccording to the development policy of "strengthening the foundation and strengthening the yuan, promoting innovation and revitalizing the industry", the new business volume was 24.236 billion yuan, an increase of 19.02% over the same period of last year. in terms of traditional construction business, the company controlled risks from the source of project undertaking, selected projects, and undertook a total of 19.069 billion yuan of traditional construction business in the whole year, with a year-on-year increase of 11.81%. in terms of ppp business, according to the changes of external policies and financial environment, the company adopted the market strategy of selecting projects and strictly controlling risks to seek healthy and sustainable development. during the reporting period, the company undertook ppp projects of rmb 5.167 billion, a year-on-year increase of 56.20%. in addition, the company has also made significant progress in its operational business and steel structure fabricated construction business.

continuously optimize light and heavy assets equal emphasis on hematopoiesis and blood return

during the reporting period, the fundamentals of the company's traditional construction business gradually improved, including public construction, plant and municipal projects36%, non private investment projects accounted for 48%, the business structure continued to be optimized, the collection and settlement of accounts receivable continued to increase, and the net operating cash flow during the reporting period was 318 million yuan, maintaining a stable positive cash flow compared with the same period of last year.

according to the plan, in the future, the company will follow the strategic policy of both light and heavy in business layout. the traditional construction business should gradually take the initiative to return to the essence of asset light business. in terms of capital allocation, the company will establish a total amount of overall control project support funds, and continue to pay close attention to it"collection and debt clearing", implement hierarchical management and classified disposal of accounts receivable assets within the group, and actively optimize the asset pool of traditional business. in terms of business undertaking and management, the company will strictly adhere to the standards of high turnover and low capital precipitation, continue to strengthen and consolidate the competitiveness of traditional construction business with the implementation strength of general contracting as the core, deeply tap the potential of existing advantageous business areas and look for potential incremental markets.

ppp business has made steady progress and entered a new stage of high-quality development. in 2020, according to the changes of external policies and financial environment, the company will adopt the market strategy of selecting projects and strictly controlling risks to seek healthy and sustainable development. the company actively controlled the construction rhythm of ppp projects, steadily promoted the implementation of orders in hand, realized the construction income of ppp projects of rmb 4.827 billion, and approved the new financing of the project of rmb 6.594 billion in the whole year. the company's ppp project collection scale increased significantly over the previous year, with an increase of 1.84 billion yuan in government collection throughout the year, a year-on-year increase of 33.92%. the company's abundant orders on hand will provide basic guarantee for future performance and form medium and long-term stable cash flow.

the announcement shows that,longyuan constructionit also actively ensures the capital demand for business development through various channels,in 2020, the newly increased financing credit was approved to be rmb 6.594 billion, and the asset securitization products (abs) with the accounts receivable and its subsidiary security interests enjoyed by the employer under the project construction contract as the basic assets were issued, raising rmb 805 million.

in terms of project operation, during the reporting period, the company added new projects entering the operation period10; in november 2020, the company and shulan junjie capital jointly established hangzhou jiuling equity investment co., ltd. to improve and implement the layout of the medical care and elderly care industry.

infrastructure and pan infrastructure investment is the group's heavy asset sector. the company will take the group's financial fundamentals into consideration to make overall control over the investment progress and total amount. at the same time, based on the existing stock orders in hand, the company will build a high-quality asset pool with medium and long-term stable investment return and cash flow of the group, so as to contribute a stable profit base to the group in the future.

policy dividend for prefabricated buildings the layout entered the harvest period

since last year, prefabricated buildings have ushered in new policy outlets, and policies related to prefabricated buildings have been implemented one after another. the action plan for the creation of green buildings and the guiding opinions on promoting the coordinated development of intelligent construction and building industrialization have all proposed to vigorously develop prefabricated buildings. ministry of housing and urban rural development, etc13 ministries and commissions jointly issued the guidance on promoting the coordinated development of intelligent construction and building industrialization. the document points out that it is necessary to vigorously develop prefabricated buildings, accelerate the construction industry internet platform, and promote the application of intelligent manufacturing production lines for steel structural components and prefabricated concrete components.

according togf securities calculation,the market scale of prefabricated buildings will reach 777 billion yuan in 2020 and 1674.2 billion yuan in 2025. prefabricated buildings are still expected to maintain a rapid growth rate. all links in the industrial chain will benefit fully.

longyuan construction充分把握行业发展趋势，积极推进集团装配式业务。公司高性能全装配钢结构住宅产品体系（s system) has been upgraded to version 2.5, which is suitable for the construction of various residential and public housing construction products, and the assembly rate can reach 95%. up to now, s system products have been successfully implemented in many projects such as the fabricated steel structure epc project of bid section ii of phase iv project of jinxi donghuwan community, sihong sports town and tianchangwuyue square. as the first complete steel structure fabricated residential system that has passed the evaluation of scientific and technological achievements of the ministry of housing and urban rural development, it has obvious competitive advantages. at the same time, the company invested in the construction of prefabricated construction science and technology industrial park in xuancheng city, anhui province, with a total investment of about 1.5 billion yuan, which will improve the company's steel structure prefabricated production capacity and enhance the company's comprehensive competitiveness.

报告期内，公司作为唯一民企入股国家绿色发展基金。该基金是贯彻落实习近平总书记重要指示精神，according to党中央、国务院决策部署，由财政部、生态环境部和上海市共同发起设立的国家级政府投资基金，积极响应国家the "carbon neutralization" strategy aims to use the market mechanism to support ecological civilization and green development. the company makes every effort to promote the development direction of steel structure assembly in line with national policies. this shareholding will boost the company's investment, construction and operation strength in the field of green environmental protection.

the company said that as a national policy, the assembly type has a good development momentum. in the future, the company will rely on longyuan ecology, optimize resource allocation, develop mixed operation under the construction background, and build a steel structure assembly type platform, gradually make the steel structure assembly business a new revenue and profit growth point of the company.

optimal operation of the project longyuan ecology is ready to come out

longyuan construction始终聚焦于中国城市投资、建设及运营服务业务，通过平台化运作、一体化发展，整合内外部资源，完善城市功能，提升城市品质，致力于成为"happy city builder, happy life operator" to build an excellent "future city investment construction operation comprehensive service provider" in china.

after nearly five years of development,ppp business has achieved good growth and positive interaction with the company's traditional business. relying on the group's whole industrial chain and professional investment and financing, construction and operation teams, the company actively creates market-oriented value output and management output services, and is committed to providing a package solution for the whole life cycle of planning, design, financing, investment, construction and operation for all kinds of social capital.

at the same time, the company vertically integrates various internal business resources and gives full play to its professional coordination and mixed operation ability to"product and service concept innovation investment operation" to create differentiated core competitiveness for future urban development markets, including urban renewal. in february 2021, the company won the first epc o project - "epc o project of phase i project of xinyanggang ecological fishing port town".

作为一家综合性的大型建筑集团，longyuan construction前瞻性地丰富龙元生态，补足生态短板，完善生态矩阵。通过业务板块相互协同、有机统一，在产业布局、品牌、施工建设以及风控上都形成了全方位的竞争力。未来公司在新基建、装配式建筑科技、there is considerable room for development in various business sectors such as the whole life cycle of ppp.