Despite the wind and rain, forge ahead, keep the integrity and innovate and make great achievements. For Litong Technology, the coming 2022 is extremely extraordinary and extremely unusual. Under the complex and turbulent international situation and the repeated impact of the epidemic on the world economy, Litong Technology has worked hard to face adversity. On the one hand, it insists on product innovation, strictly controls product quality, and promotes the transformation of the enterprise from manufacturing to creation and from speed to quality. Create a new picture of hard work and upward growth; on the other hand, build brand advantages, deepen channel construction, coordinate the coordinated development of corporate economic and social benefits, and achieve the goal of double-increasing marketing profits in the first year of listing. Handed over a satisfactory answer sheet with all investors.

Leading with originality, Litong Technology is born upward, and the business indicators make new breakthroughs

2022 is an extraordinary year. Under the leadership of chairman Zhao Hongliang, Litong Technology anchors the development direction from the aspects of operation management, cost control, and talent cultivation, consolidates the foundation of development, transforms development momentum, and breaks through development bottlenecks. Major operating indicators such as revenue and profit achieved steady growth. Data show that Litong Technology achieved revenue of 273 million yuan in the first three quarters, a year-on-year increase of 9.97%. The net profit attributable to shareholders of listed companies was 57.04 million yuan, a year-on-year increase of 98.58%.

Faced with many difficulties such as the continuous high price of raw and auxiliary materials, repeated epidemics, the global economic recession, and the downturn in the domestic construction machinery market, Litong Technology used original thinking to conduct key technical breakthroughs in ultra-high pressure acidizing fracturing hoses and other products, and achieved the first In the third quarter, the performance accelerated to run the goal, with revenue of 102 million yuan, a year-on-year increase of 38.05%; net profit of 23.62 million yuan, a year-on-year increase of 225.45%.

Strengthen the chain with the chain, let the new and old kinetic energy of Litong Technology work together to create a strong development engine

At the beginning of 2022, Lou Yangsheng, secretary of the Henan Provincial Party Committee, went deep into Litong Technology to investigate industrial production and other conditions. At the survey site, Secretary Lou Yangsheng hopes that Litong Technology, as the first batch of listed companies on the Beijing Stock Exchange, will show the energy of “the beginning is a decisive battle, and the beginning is a sprint”, concentrate on, persevere, and refine and deepen the main business to the extreme.

In order to consolidate the foundation of the main business, fully implement the new development concept, build a new development pattern and a new industrial system, Litong Technology keeps a close eye on the development trend of domestic and foreign industry leaders and market development trends, relying on the advantages of talents, technology, research and development, and production. Focusing closely on the upstream and downstream industrial chains of polymer materials and hydraulic piping systems, strengthen the chain, supplement the chain, extend the chain, refine, specialize, and strengthen the development of the entire industrial chain, and realize the transformation from a single product manufacturer to an all-round fluid piping system The changing role of the integration solution provider.

In order to deeply implement the innovation-driven strategy and build a new highland for industrial development, Litong Technology always regards innovation as the first driving force leading the development of the enterprise. To rely on, integrate and optimize the construction of scientific and technological innovation platform clusters, establish an innovative ecological chain of “basic research + technological breakthroughs + achievement transformation + industrial development”, accelerate the formation of a two-wheel drive development pattern of the main track and the new track, and continue to improve The high-end, intelligent and green industrial cluster of “mixed rubber-rubber hose-fluid connector-hose seal-hose assembly” will replace the industrialization of my country’s “specialized, special and new” equipment and break the foreign monopoly made a contribution. In 2022, Litong Technology was successively selected into the list of the first batch of self-recognition centers for the skill level of enterprise employees in Luohe City, the 2022 “Specialized, Specialized and New” Small and Medium-sized Enterprises in Henan Province, and the national-level Specialized, Specialized and New “Little Giant” Enterprise, and was awarded the ” Honorary titles such as “Excellent Private Enterprise in Henan Province” demonstrate the essence of continuous innovation and high-quality development of Litong Technology, and further enhance the core competitiveness and industry influence of Litong Technology.

Strengthening originality and leading scientific and technological research, Litong Technology achieves a leading position in changing lanes

As a representative of an innovative enterprise that is deeply involved in specialized and special new fields, Litong Technology will land on multiple channels such as CCTV and Henan Satellite TV in 2022, demonstrating the corporate style of Litong Technology that breaks the game through innovation and realizes changing lanes and leading the way. .

Anchoring the key points of scientific and technological innovation, Litong Technology, relying on a high-level innovation team with innovative confidence and the courage to overcome difficulties, firmly grasps the initiative of technological development, accelerates the strategy of “changing lanes and leading the way”, and uses rubber and plastic materials Pipe manufacturing is the main business, developing special rubber and plastic modified materials, aiming at oil drilling, construction machinery, coal mining machinery, automobile manufacturing, rail transit and other fields, expanding market and product research and development, and promoting ultra-high pressure hydraulic hose, The original technological innovation breakthrough of “from 0 to 1” for leading products such as large-diameter petroleum hoses and ultra-wear-resistant industrial hoses. Among them, the successful acceptance of the project “development and industrial application of high-pressure and ultra-high-pressure PTFE rubber-plastic composite multifunctional industrial hose” demonstrates Litong Technology’s development concept of “driving development with innovation, solidly promoting technological innovation, and realizing lane change and overtaking” implementation and advancement.

Relying on high value-added ultra-high pressure acid fracturing hoses, long-life super Hercules low-bending hose series and other rich product clusters, Litong Technology has successively won bids for large state-owned enterprises or key enterprises such as China National Petroleum Corporation, Xugong Group, and Zoomlion Heavy Industry Co., Ltd. project, and has established a good strategic cooperative relationship with China Railway Equipment, Zhengzhou Coal Machinery and other famous enterprises, striving to create a key variable in my country’s important advanced manufacturing highlands, and accelerating the process of import substitution of high-end hoses. At the same time, Litong Technology has successfully entered the US market with its shale oil and gas stimulation acid fracturing pipeline solutions featuring light weight, long life, good flexibility, and easy assembly, showing the power of China’s independent brands to the world.

2022 is drawing to a close, and the difficulties and glory we have experienced will eventually become a thing of the past. This year, we went forward together, marched forward bravely, commemorated the efforts and sweat of Litong people with each fruitful achievement; used each highlight moment to spell out a grand blueprint for the development of Litong technology. Looking forward to 2023, all Litong people will stick to their original aspirations, keep their mission in mind, advance bravely, fight against the trend, concentrate their efforts, work hard, and continue to start a new journey and write a new chapter in the development of Litong Technology. Unremitting struggle.