On April 21, MESNAC published 2019 annual report, in 2019, the realized operating revenue was 2.865 Billion Yuan, with a year-on-year increase of 3.78%; the net profit attributable to the shareholders of the listed company was 78.0486 Million Yuan, with a year-on-year increase of 124.95%. In recent two years, the downward pressure of global economy constantly increased, domestic and overseas risks and challenges obviously went up, facing challenges, MESNAC focuses on its own advantages to successfully exploit more relevant fields such as intelligent manufacturing and new rubber materials while innovating product research and development and strengthening its main business. For example, in 2019, it launched the third generation of all steel OTR radial tire building machine O-PRO to improve the building efficiency by 2-3 times; it launched new generation of all-steel apex production line and the sixth generation of small angle steel cord cutting machine to build high-end equipment in the field of rubber equipment.

Data shows that the operating revenue of “rubber equipment (excluding ingredients)” is 1.94 Billion Yuan, accounting for 67.8%, which is a main source of the operating revenue of the enterprise; the operating revenue of synthetic rubber materials is 783 Million Yuan, accounting for 27.33%; and the others accounted for 4.89%.