Oriental Yuhong’s income

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BEIJING, October 28, 2021

BEIJING, 28 October 2021 / PRNewswire / – The evening of October 26 Beijing Time, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (Oriental Yuhong SZ002271) released its report for the third quarter of 2021. During this period, their operating income was RMB8.453 billion, an increase of 36.46% year-on-year. In the first three quarters of 2021, Oriental Yuhong achieved sales of RMB22.682 billion, an increase of 51.44% year-on-year. The net profit shared among the shareholders of the listed company was RMB2.678 billion.

In the third quarter, Oriental Yuhong continued to launch innovative building materials products and services, improve its production capacity and further promote its vision of global expansion. Relying on the customer resources accumulated over many years in the main waterproofing industry and on the synergy of sales channels, they are also developing the activities of building coatings, powder mortar, thermal insulation and waterproofing. ‘energy saving, and build a chemical building materials platform company.

In terms of international expansion, the main technical achievements related to the special waterproof mountain tunnel system in high density polyethylene (HDPE) developed by Oriental Yuhong have also been recognized by the invention patents of United States, Singapore and Australia. This year, they also obtained the certificate of authorization of European invention patent issued by the European Patent Office (EPO). of EC1plus in Germany. The company has also improved the system room crevice beautification system and launched an anti-bacterial silver ion crevice beautifying agent and anti-mold closure adhesive products, which have obtained the French certification of A + environmental protection, thereby laying a good foundation for business expansion for overseas markets. .

Oriental Yuhong entered the waterproof construction industry in 1995. Over the past 20 years, Oriental Yuhong has become a building material system service provider with distinctive features. Oriental Yuhong provides complete and high quality system solutions for major infrastructure construction, industrial buildings, as well as civil and commercial buildings. The company’s investment covers many areas, such as waterproofing of buildings, civil construction materials, nonwovens, coatings for buildings, building repair, energy conservation and thermal insulation, mortar powder, special materials, etc. Oriental Yuhong’s holdings include more than 100 subsidiaries of companies such as Shanghai Oriental Yuhong, Hong Kong Oriental Yuhong, and North America Oriental Yuhong. To date, they have set up 36 R&D, production and logistics centers in China.

In recent years, Oriental Yuhong’s income not only continued to grow steadily, but also actively pursued social responsibility, gradually promoting green carbon reduction and responding to green development. They are guided by high quality products and technology, and have continued to improve the product service chain and build a good reputation. With the gradual release of brand value, the synergy of building material system service providers will continue to develop, Oriental Yuhong’s global market position will also gradually increase.

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SOURCE Beijing Oriental Yuhong Waterproof Technology Co., Ltd.


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