More than 400 million sockets were sold last year, and the Bull Group plans to pay a dividend of 22.800 million

More than 400 million sockets were sold last year, and the Bull Group plans to pay a dividend of 22.800 million
On the afternoon of April 26, the Bull Group released its 2019 annual report.Since its establishment in 1995, the Bull Group has specialized in technology development in the field of military converters.Bull Group focuses on the R & D, production and sales of civilian electrical products with converters, power switches and sockets as the core, mainly including converters, power switch sockets, LED lighting, digital accessories and other power connection and power extension products, which are widely usedUsed in home, office and other power consumption occasions.In 2019, the Bull Group achieved an operating income of approximately 100.4 ten percent, an increase of 10 per year.76%; net profit attributable to shareholders of listed companies is about 23.4.0 billion, an annual increase of 37.38%; net profit attributable to shareholders of listed companies to replace non-recurring gains and losses is approximately 22.2.4 billion, an annual increase of 42.93%.In terms of products, in 2019, the operating income of the Bull Group converter is about 50.5.3 billion US dollars, operating income of power switch sockets is about 32.0.9 billion yuan, the operating income of LED lighting is about 9.8.4 billion yuan, the operating income of digital accessories is about 3.5.6 billion yuan.Although the converter’s revenue recovers half of the Bulls’ 2019 annual revenue, the gross profit margin of the switch socket is the highest.It is reported that in 2019, the gross profit margin of converters, power switch sockets, LED lighting and digital accessories will be 38 in turn.29%, 51.65%, 35.06%, 24.7%.”LED lighting, as the company’s new business, is growing rapidly. The company is in a position to replace the original lighting appliance industry. The opportunity for the transformation and upgrading of traditional lighting to the deepening development of LED lighting, the use of existing mature channels to open up the market and promote the growth of product sales.”The Bull Group said that” the competition in the digital accessories industry is fiercely expanding, and the product gross profit margin is low in the company’s product lines. The company gradually drives the increase in sales through adjustment of product positioning.”From the perspective of production and sales, the production and sales of wiring switch sockets are the largest.In 2019, the production volume of Bull Group converters, power switch sockets, LED lighting, and digital accessories will be 37354 in sequence.200,000 pieces, 48062.640,000 pieces, 9697.620,000 pieces, 3171.490,000 pieces, the sales volume is 34486 in sequence.600,000 pieces, 44968.380,000 pieces, 9431.410,000 pieces, 3121.150,000 pieces.As of the end of 2019, the Bull Group’s net assets attributable to shareholders of listed companies were approximately 55.$ 5.1 billion, an annual increase of 70.94%; total assets are about 74.1.7 billion, an annual increase of 43.62%.The not bad money of the Bull Group dividends is also a big deal. Its 2019 profit distribution plan is: based on the company ‘s total share capital of 600 million shares after the company ‘s listing on February 6, 2020, it is planned to distribute a cash dividend of 38 for every 10 shares of all shareholders.00 yuan (including tax), a list of cash dividends 22.800 million yuan.However, whose money does most of the dividends flow into?According to the annual report, as of the end of 2019, the top three shareholders of the Bull Group were Ningbo Liangji Industrial Co., Ltd., Ruan Liping, and Ruan Xueping, and their shareholding ratios were 60% and 17, respectively.94%, 17.94%.It is reported that Ruan Liping and Ruan Xueping brothers are acting in concert and the two jointly control Ningbo Liangji Industrial Co., Ltd., the controlling shareholder of Bull Group.The salary of Ruan Liping and Ruan Xueping brothers is also the most among the executive team of Bull Group. In 2019, Ruan Liping, as chairman and president of a listed company, received a pre-tax remuneration of 301.570,000 yuan; Ruan Xueping, as the vice chairman of a listed company, has a pre-tax remuneration of 248.620,000 yuan.Ruan Liping was born in 1964, bachelor’s degree, Chinese nationality, has permanent residence in Singapore, Hong Kong resident identity card.Ruan Liping was an engineer at the Hangzhou Machinery Research Institute of the Ministry of Water Resources and Electricity. He is currently the chairman and president of the Bull Group and a representative of the 13th People’s Congress of Zhejiang Province. He is also the executive director and general manager of Ningbo Bull, the executive director and general manager of Bull Digital, and the executive director and director of Bull Precision.General Manager, Bull Marketing Executive Director and General Manager, Cixi Bull General Manager, Bull International Trade Executive Director and General Manager, Bull Low Voltage Executive Director and General Manager, Liangji Industrial Executive Director.Ruan Xueping was born in 1972. He has a junior high school calendar, Chinese nationality, Singapore permanent residency, and Hong Kong resident identity card.Ruan Xueping used to be the production manager of Cixi Bulls. He is currently the vice chairman of the Bulls Group. He mainly serves as executive director of Cixi Bulls, general manager of Shanghai Bulls, and supervisor of Liangji Industry.Sauna, Night Net Yan Xia editor Yue Caizhou proofreading Li Ming