On May 7, Infore Enviro (Stock Symbol: 000967) 2020 Investor Exchange Meeting & Smart Sanitation "5115" Strategy Conference were grandly held in Shenzhen. He Jianfeng, Chairman and President of Infore Group, Ma Gang, Chairman and President of Infore Enviro, Lu Anfeng, Vice President, Jin Taotao, Vice President and Secretary of the Board of Directors and other senior management teams attended the event. On the basis of reviewing the business development in 2019, a new strategic blueprint for development of Infore Enviro in the next five years was released, as well as the industry's first White Paper on the Income Status of Sanitation Workers and the Development Potential of Sanitation Equipment to Replace Manual Labor. At the same time, communication and exchange with investors were further strengthened through performance interpretation and investigation on sanitation programs in Futian District of Shenzhen City.
Outstanding Annual Report and Steady Growth of Performance
At the conference, Jin Taotao, Vice President and Secretary of the Board of Directors of Infore Enviro, first explained the Company's performance in 2019. In 2019, Infore Enviro realized operating income of about CNY12.695 billion, and net profit attributable to shareholders of the parent company was about CNY 1.361 billion, with a YoY increase of 46.62%. The cash flow from operating activities was CNY 1.485 billion, with a YoY increase of 227.49%. Earnings per share were CNY 0.43. The cash dividend was CNY 348 million, accounting for 25.56% of the net profit.
Jin Taotao said that the double growth of cash flow and profit explained Infore Enviro's superior management ability and provided practical guarantee for the company's high-quality sustainable development. During the reporting period, the Company actively implemented its annual operating objectives around the strategic plan of "Smart Sanitation" and its performance continued to grow steadily. The advantageous business fields such as Intelligent Equipment, Smart Service and intelligent cloud platforms have reached a new level. Among them, the sales volume of Sanitation Equipment has consistently ranked first in the domestic industry for 19 consecutive years, with revenue gained from sanitation service exceeding CNY 1 billion and net profit increasing by nearly 50%. In the future, the Company will continue to increase investment in research and development, deepen the layout of "Smart Sanitation" and devote itself to becoming a respected and trusted industry leader in intelligent environmental equipment and services led by environmental sanitation robotics.
Change of Trinitarian Service and Pursuing Victory in the New Five Years
Industry insiders believe that Sanitation Integration will become an important increment in the environmental protection industry, and enterprises with fine management capability and perfect industrial chain layout are expected to stand out. According to the data shown in annual report, in 2019, Infore Enviro accounted for 63.29% of the revenue in the field of smart sanitation, with an amount exceeding CNY 8 billion, thus realizing the industrial upgrading from "cleaner" to "city housekeeper" in line with the industry. At the conference, Infore Enviro further proposed to speed up the layout of smart sanitation with "5115 Strategy", that is, in the next five years, the Company's sanitation service will strive to be among the best in the industry.
The strong synergy of the whole industrial chain from the front end to the back end created by Infore Enviro on intelligent equipment, smart services and intelligent cloud platform is exactly the foundation and strength of the smart sanitation "5115" strategy.
In recent years, going with the opportunity of the rapid development of 5G and AI technologies, Infore Enviro has invested a lot in research and development projects on intelligent, less-manned and unmanned equipment with strong momentum. Many innovative technological achievements such as the fifth generation of full series of new-energy sanitation equipment and smart environmental sanitation robotics have even led the development of the industry. After more than 20 years of deep cultivation in the sanitation industry, Infore Enviro's sanitation service has also experienced rapid growth relying on its advantages in the field of sanitation equipment. By the end of 2019, it had operated 57 sanitation service projects with an annual operating income of CNY 1.001 billion and a cumulative total contract amount of CNY 25.2 billion. In order to ensure the accuracy and efficiency of sanitation project management and decision-making, Infore Enviro has invested more than CNY 0.1 billion, integrating 5G, AI, big data, cloud computing, edge computing and other advanced technologies. With the independently developed big data cloud smart sanitation platform for the full industry chain of leading domestic sanitation, Infore Enviro has realized the construction of full-time, all-round and seamless foreground-background operation and maintenance services and remote monitoring and management for people, vehicles, objects and things. Today, the smart sanitation cloud platform has been put into operation on more than 110 smart sanitation projects in more than 40 cities across the country.
The release of the first White Paper on the Income Status of Sanitation Workers has attracted widespread attention.
Ecological environment protection is a cause that will benefit both the present and the future. For a long time, sanitation workers, as grass-roots workers in the society, have heavy cleaning tasks, low operation efficiency and high potential safety hazards, and are even more difficult to be guaranteed in terms of wages, social care and work identity.
Infore Enviro, a leading enterprise in the sanitation industry, released the first White Paper on the Income Status of Sanitation Workers and the Development Potential of Sanitation Equipment to Replace Manual Labor (hereinafter referred to as the "White Paper") in the environmental protection industry on the day of the conference, which aroused widespread concern in the society about the occupational status of sanitation workers. It is understood that the White Paper takes the income data of sanitation workers covering 335 districts and counties in 158 cities of 31 provinces as a sample, comparing regional differences and evaluating the development potential of sanitation equipment replacing labor in each region, and at the same time, giving regional guidelines for sanitation equipment replacing labor, providing suggestions for relevant business development, guiding the process of sanitation equipment replacing labor in the industry, and helping to fundamentally solve the income and survival problems of sanitation workers.
In fact, as early as 2018, Infore Enviro launched the world's first group of smart environmental sanitation robotics to cooperate with sanitation workers to carry out cleaning tasks and liberate them from traditional sanitation work. After the conference, in the Infore Enviro's investigation on Sanitation PPP Project of Futian District Government of Shenzhen City, the mechanized, intelligent and refined operation of the Project was recognized by all investors. The sanitation worker on the project fed back, "I used to take brooms, but now I am very proud to drive environmental sanitation robotics."
In 2020, Infore Enviro will continue to focus on the core business of smart sanitation, maintain its industry-leading advantages in intelligent equipment, smart service, intelligent cloud platforms and other aspects, help build a beautiful China, and fully promote the construction of national ecological civilization.