On March 25, 2020, China`s leading high-temperature alloy, aluminum (magnesium, titanium) light alloy material manufacturer BJGY special alloy technology group disclosed the performance quick report that in 2019, the company achieved operating income of 1.459 billion yuan, an increase of 63.49 %, Achieved net profit (net profit attributable to shareholders of listed companies, the same below) of 151 million yuan, a year-on-year increase of 40.98%.
Both operating income and net profit have increased significantly. BJGY explained that the expansion of sales has benefited from the acquisition of QDXL high-temperature alloy pipeline technology company (high-temperature alloy centrifugal casting pipe and static casting), which led to a substantial increase in operating performance.
BJGY is mainly engaged in the research, development, production and sales of nickel-based, cobalt-based, iron-based high-temperature alloy materials, aluminum (magnesium, titanium) light alloy materials and products, high-homogeneous ultra-pure alloy materials and products. The key material for the hot end components of aerospace engines. According to the company, it has the technology and ability to produce more than 80% of domestic high-temperature alloys, and its products cover all subdivided fields of high-temperature alloys. Sub-products dominate the market.
The financial report disclosed that the market share of BJGY's core products, GH4169 series nickel-based superalloy products, ranked first in the industry.
BJGY's R & D investment is also relatively large. In 2018, its R & D investment was 0.58 billion yuan, accounting for 6.52% of the current operating income. As of the end of the year, the company had 259 R & D personnel, accounting for 26.11% of the company's total employees.
Developed more than 50% of products in the industry in 62 years
Over 80% of high-temperature alloy materials and products in the industry are developed by BJGY, so it has a high position in the industry.
BJGY is mainly engaged in the research, development, production and sales of high-temperature alloys, intermetallic compounds, aluminum magnesium titanium and other materials and products. The company has mastered the smelting, casting, powder, deformation and other processes and special detection technologies of high-temperature alloys, titanium aluminum alloys, light alloys and other materials. One is an important R & D and production base for domestic aviation, aerospace, nuclear power and other industries. In the 62 years since 1958, the company has developed more than 120 types of superalloys. Among them, there are more than 90 types of deformed superalloys and more than 10 types of powdered superalloys, which account for more than 80% of this type of alloy in the country.
As of the end of June last year, the company and its predecessor had more than 300 research achievements, won 5 National Invention Awards, 11 National Science and Technology Progress Awards, and 1 National Natural Science Award.
According to the data, BJGY and its predecessor led 114 R & D out of the 201 brands included in the newly published "Chinese Superalloy Manual", accounting for 56% of the total number of brands.
According to the company, its new high-temperature alloy technology has obvious advantages, and many technologies are in the domestic leading position. Its powder-making technology is domestically leading and internationally advanced. It has an annual output of 800 tons of high-quality metal powder, which can meet the requirements of powder high-temperature alloys and 3D printing. Quality powder demand.
Last year, the company established China's first complete oxide dispersion-strengthened superalloy production line. At present, the company is in the international advanced and domestic leading technical level in the field of oxide dispersion strengthening (ODS) superalloys.