Gelonghui March 22nd 丨Beixin Building Materials (000786.SZ) disclosed its 2022 annual report. During the reporting period, the company achieved operating income of 19.034 billion yuan, down 5.49% from the previous year; net profit attributable to shareholders of listed companies was 3.136 billion yuan, down 10.71% from the previous year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 2,615 million yuan, down 23.39% from the previous year; basic earnings per share were 1.856 yuan, and the annual report promoted a cash dividend of 6.55 yuan (tax included) for every 10 shares.

During the reporting period, the company re-learned, re-evaluated, re-understood, and started again. Focusing on the implementation of the development strategy, the company promoted the “flattening, de-hierarchizing, and chain reduction” adjustment of the organizational structure, implemented the “three-tier management structure” of headquarters, sector companies, and production bases to achieve upward management and control, business downshift, business centralization and specialization, and actively promoted the concentration of various resource elements into advantageous businesses, and realized a factor-driven shift to model-driven transformation.