On March 25, WHGW Composite Materials Group released the "2018 Annual Report", which showed that the company achieved operating income of 1.364 billion yuan, an increase of 43.63% year-on-year; and realized a net profit attributable to shareholders of listed companies of 377 million yuan, a year-on-year increase 58.76%.
The annual report of WHGW Composite Materials shows that the company is a high-tech enterprise specializing in the research and development, production and sales of carbon fiber and its composite materials. In 2018, the company's carbon fiber and fabrics, carbon beams, prepregs, products and other, and other business revenues were 603 million yuan, 521 million yuan, 183 million yuan, 51.728 million yuan, and 519.78 million yuan, respectively. 44.22%, 38.20%, 13.43%, 3.77%, 0.38%. Details are as follows:
WHGW Materials said that in 2018, the company's military products business continued its downward trend in the previous year and fell to less than half for the first time. The civilian products business with carbon beams and prepregs as its main products has become an important support for the company's business, of which the carbon beam business The sales revenue accounted for nearly 40% of the company's total revenue. In addition, the company and Vestas signed a cooperation memorandum of understanding to reach a preliminary intention on coordinating the global industrial layout of the carbon beam business and further deepening the cooperation between the two parties. The "150" model carbon beam once again achieved the world's first batch production in the company. The extrusion process has successfully developed the T-shaped carbon beam, which has become the world's first and is currently entering the performance testing stage.
The annual report of WHGW Composite Materials shows that during the reporting period, QM4050 (M55J grade) carbon fiber jointly developed by Expansion Fiber and Beijing University of Chemical Technology passed the acceptance of the 863 project of the Ministry of Science and Technology, and carried out verification work on a certain helicopter and several aerospace models. ; The first flight of domestically produced wet-spun T800H carbon fiber in a certain model indicates that the T800H one-stop project has made landmark progress; TZ700S (T700S-grade) carbon fiber raw silk spinning speed prepared by dry-jet wet spinning has achieved 500 meters / minute, reaching an international leader. The TZ700S carbon fiber produced has passed a certain type of aerospace ground test. Important progress has been made in the domestic replacement of domestic carbon fiber in the aerospace field. QZ6026 (T1000 grade) carbon fiber has achieved continuous production on engineering production lines. The company's carbon fiber products have been used in large domestic aircraft. Localization of the verification of orderly progress.