The first anniversary of reorganization | Sinoma Hi-Tech's new chapter of reform and innovation

The reorganization and integration of China Academy of Building Materials Science and Research Limited (hereinafter referred to as the Academy) and Sinoma Hi-Tech Materials Corporation (hereinafter referred to as Sinoma Hi-Tech or the Company) is an important strategic deployment to fully implement the layout of the new materials segment of China National Building Materials Group Corporation (hereinafter referred to as the Group), and to actively promote the process of the development of the industrialization of the special functional materials of the General Research Institute.2022 Over the past one year of the reorganization from July to the present, as a a leading science and technology enterprise in the field of advanced ceramics and artificial crystals, Sinoma Hi-Tech has always adhered to Xi Jinping's thought of socialism with Chinese characteristics in the new era as its guide, firmly grasped the essential requirements of Chinese-style modernization, made significant breakthroughs in various aspects of operation enhancement, innovation leadership, reform and attack, and effectively brought into full play the restructuring and integration effect of 1+1>2, and continued to write a new chapter on the road of high-quality development.

From vision to reality

Strategic Leadership to Strengthen Operational Enhancement

Under the strategic guidance of the General Hospital to build a world-class science and technology enterprise, Sinoma Hi-Tech focuses on the corporate strategy, promotes all kinds of resources and elements to focus on the main responsibility and advantageous business, and realizes rapid and stable development and firms up its strategic self-confidence by enhancing the operation performance, clarifying the development path, promoting industrial optimization and speeding up the internationalization process.

Aerial view of the new nitride plant

Steady improvement of operating efficiency. Focusing on advanced ceramics and artificial crystals, accelerating the reform of mixed ownership around the strategic development goals, promoting the tilting of resources to the main business, revenue and profit increased by 25.82% and 45.96% year-on-year, respectively, the asset-liability ratio was reduced by 1.46% year-on-year, and the annualized labor productivity increased by 28,100 yuan per person year-on-year. The steady improvement in business performance has laid a solid foundation for the realization of the “14th Five-Year Plan” strategy.

Adhere to the “endogenous+externally extended” mode. After the reorganization and integration of the leading industry of electric ceramics to achieve complementary advantages, new contracts signed increased by 70.79% year-on-year, and the overseas business increased by 71.1% year-on-year; nitrides and international head of the bearing enterprises to speed up the integration into the upstream and downstream industry chain; the two hospitals revenue increased by 48% year-on-year. The advantages of the leading industries were highlighted, the industrial layout was optimized, and the development momentum was continuously strengthened.

Accelerate industrial optimization and upgrading. The second phase of high-performance silicon nitride ceramic products production line, the first phase of nitride ceramic fiber project, and the base project of Crystalline Academy (Beijing) have been put into operation recently; Sinoma Electroceramics has built an international advanced and domestic first large-scale customized intelligent production line of insulators for ultra-ultra-high voltage, and the second phase of Jiangxi Sinoma has already been ignited and operated, and the production capacity of each project will be released as soon as possible after its completion, so that it will serve the main battlefield of the national economy better. We will release the production capacity as soon as possible after the completion of each project, so as to better serve the main battlefield of national economy.

Accelerate the internationalization process. The first phase of Lesotho photovoltaic project has been successfully connected to the grid, the second phase of the project is steadily advancing, and we are actively exploring related projects in Gambia, Nigeria, the Philippines, etc. We have been docking with internal and external resources of the Group, and are striving to expand the overseas market, and the overseas layout is becoming clearer and clearer day by day.

Aerial view of 70WMp Phase I project in Lesotho

From Breakthrough to Leadership

Innovation and Optimization to Enhance Industrial Resilience

Adhering to the four directions, the company has continuously enhanced its ability and bottomline to serve the national strategic situation, industrial optimization and upgrading, and construction of innovation platforms, and strengthened its confidence in innovation.

Attack key core technologies. Increase the “neck” technology research, continuous nitride fiber 500 holes finished rate increased to 90%, light-curing 3D printing to achieve high-precision preparation of complex samples of silicon nitride, the successful launch of 1.5 meters of large-size ultra-low expansion of microcrystalline glass and have 2 meters of production capacity, the successful preparation of sapphire plate has reached the international advanced level. Accelerate scientific and technological self-reliance and self-improvement, and provide strong support for the country to move from a large material country to a strong material country.

Service industry optimization and upgrading. Focusing on the industry, precise improvement and enhancement of efficiency. The cost and preparation cycle of aerogel super single set heat-insulating layer were reduced by 20% and 15% respectively; the cost of ceramic fiber membrane products was reduced by 10%, realizing that the tail gas of coking industry reaches the standard of ultra-low emission of nitrogen oxides, sulfur dioxide and dust; the size of diamond membrane products of HFCVD method was broken through from Φ150mm to Φ300mm, and the efficiency was increased by 4 times, and it has the capacity of mass production, reaching the advanced level in China; the ultra-low abrasion consumption Microcrystalline alumina lining bricks have completed pilot research and development and entered into engineering verification. Cracking the bottleneck of industrial development, innovation and empowerment for enterprises to continue.

Promote the construction of innovation platform. Strengthen the platform construction, activate the power of innovation, 36 new applications for patents, 33 new authorized patents, organization to declare 27 standards, a key project won the first prize of the 2022 Building Materials Science and Technology Award for scientific and technological inventions; China Building Materials Federation, “Building Materials Industry Nitride Engineering Center” was inaugurated in Zizi; industrial ceramics institute and crystalline institute The Industrial Ceramics Institute and the Crystal Institute have successfully declared the national key R&D program, highlighting the company's leading level of R&D in the field of advanced ceramics and artificial crystals. The innovation platform gathers resources, and the kinetic energy of development is constantly stimulated.

From Thinking to Metamorphosis

Reform to ignite the engine of development

Insist on “expanding ideas, seeking change, grasping reform, promoting development”, through the comprehensive deepening of reform to break the problem, solve new problems, accelerate the reform to promote the development of enhancement, and strengthen the industrial confidence.

The implementation of comprehensive market-oriented employment. Appraisal as a breakthrough point, according to the management characteristics of institutions and industrial units, headquarters full participation, focus on the implementation of differentiated assessment, to promote the “one enterprise, one policy” “one person, one table” assessment, quantitative indicators are more than 80%, deepen the “three can mechanism”. Deepen the “three can mechanism” to inject “living water” into the enterprise. Breaking the “iron chair” “iron rice bowl” routine, the headquarters opened two middle-level positions open recruitment, four middle-level positions in the competition, the company's party management cadres after 70, after 80 accounted for 84% of the talent channels continue to expand, the talent structure is constantly optimized. The talent channel is constantly expanding and the talent structure is constantly optimizing.

Sinoma Electroceramics Production Line

Trial implementation of professional manager system. In order to stimulate the reorganization of the enterprise Zibo Electroceramics team vitality and power, explore the implementation of professional manager system, reloaded Zibo Electroceramics professional manager team glows with new vitality, the first half of 2023, revenue and profit year-on-year growth of 27.51% and 590%; the new production line is in full swing, and the end of the year after the ignition of the commissioning of the new production line to meet the needs of more market demand. Through the mechanism reform, the professional manager team has shown a good style of “aspiring, daring, and wanting to work”.

Explore effective medium and long-term incentives. In the three years since the implementation of equity incentives for science and technology-based enterprises, the revenue and profit have increased by 373% and 665% year-on-year, and the second-phase project has rapidly landed, and the leading silicon nitride production base in China has accelerated the completion of the project. The company focuses on the Group's guidelines for medium- and long-term incentive tools, actively explores the implementation path suitable for itself, and carries out precise and personalized reforms in the areas of “job dividends and excess profit sub-projects” and other aspects.

Sinoma Gaoxin series products

Sinoma Gaoxin will be guided by the “4335” guiding principle of the Group and the “1+2” main business structure of the General Research Institute (GRI), and will actively fulfill the corporate mission of the Group, “Materials create a better world”, and that of the General Research Institute, “National major projects, national defense and military construction and environmental protection”. “major national projects, national defense and military construction and beautiful environmental protection” corporate mission, the heart of the ‘country's great’, to create ‘the country's great materials’, service “It will accelerate the docking with the capital market, strive to promote the development of advanced ceramics and artificial crystal materials industry to high-end, mass production and globalization, and contribute more strength to the construction of world-class enterprises for the Group and the General Academy.

Source: China National Building Material Academy, Sinoma Hi-Tech