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recently, zhenyang development announced its 2024 semi-annual report. in the first half of this year, the company achieved total operating income of 1.143 billion yuan, a year-on-year increase of 14.76%; and realized a net profit attributable to the parent of 107 million yuan, a year-on-year increase of 21.58%. as of the end of the second quarter, the company's net assets were 1.857 billion yuan, a year-on-year increase of 14.89%, a record high.

according to databao statistics, there are currently 12 companies in the chlor-alkali industry that have disclosed semi-annual reports or performance flash reports. zhenyang development's revenue growth rate and net profit growth rate both ranked fourth in the industry, among which its profit in the first half of the year ranked third in the industry.

zhenyang development's main business is the research and development, production and sales of chlor-alkali related products. as of the end of june 2024, the company's caustic soda production capacity is 350,000 tons/year, chlorinated paraffin production capacity is 70,000 tons/year, sodium hypochlorite production capacity is 200,000 tons/year, mibk production capacity is 20,000 tons/year, ech production capacity is 40,000 tons/year, and hydrogen production capacity is 8,750 tons/year. as of the end of june 2024, the company's initial public offering and the issuance of convertible corporate bonds to unspecified objects to raise funds for the investment and implementation of the 300,000 tons per year vinyl new material project has been completed and put into production, and the company has concluded the fundraising project.

the semi-annual report shows that the company's comprehensive energy consumption of caustic soda has remained at the leading level in the country. in june 2024, it was awarded the title of "leader" in energy efficiency in key industries in 2023 by the ministry of industry and information technology.

during the reporting period, the company focused on new growth points and achieved new breakthroughs in the pvc project. the company's 300,000 tons per year vinyl new material plant was completed and put into production in may.

in addition, zhenyang development has deepened the construction of the industrial ecology of "industrial internet + intelligent manufacturing" and transformed and upgraded to digitalization. in the first half of this year, the company completed the deployment of 5g private network, achieving full coverage of 5g network in the factory area; completed the construction of logistics calling system, effectively improving the vehicle transportation turnover rate. the company continues to iterate and improve the security information system, digital unified management platform, erp system, etc., and is currently advancing as planned.

in terms of digital workshop construction, the company has achieved remarkable results. the company's caustic soda concentration digital workshop was recognized as a digital workshop in zhejiang province, and the digital workshop with an annual output of 300,000 tons of high-end polyvinyl chloride materials was selected into the second batch of ningbo's digital workshop project plan in 2023.