Code: 603713 Short Name: Milkyway
Milkyway Chemical Supply Chain Service Co.,ltd
2021 annual report summary
Since 1998
2022.03.25
Chapter 1 Notice
1 The summary is on basis of the full text of the annual report. In order to fully understand the
operating results, financial position and future development plan of the company, investors are
encouraged to read the full text of the annual report on www.sse.com.cn.
2 The board of directors, the board of supervisors as well as the directors, supervisors and senior
managers of the Company guarantee the authenticity, accuracy and completeness of the contents
of the annual report, free from false records, misleading statements or major omissions, and bear
individual and joint legal liabilities.
3All directors of the company attend the board meeting.
4 Baker Tilly China Certified Public Accountants (special general partnership) issued the standard
unqualified opinion audit report for the company.
5 Profit distribution plan or reserve fund to increase capital stock plan adopted by resolution of the
board of directors during the reporting period.
Chapter 2 Company general information
1. Company profile
Company stock profile
Class Stock exchange Shor name of Code Previous record
stock
Renminbi ordinary Shanghai Stock Milkyway 603713 None
sharesAshares Exchange
Contacts Board Secretary Securities affairs representative
Name Miao Leiming Rao Yingying
Address Building 39, Jinxiu Shenjiang Building 39, Jinxiu Shenjiang
Jinqiao Huahong Innovation Park, Jinqiao Huahong Innovation Park,
Lane 2777 jinxiu East Road, Lane 2777 jinxiu East Road,
Pudong NewArea, Shanghai Pudong NewArea, Shanghai
Phone 021-80228498 021-80228498
E-mail ir@mwclg.com ir@mwclg.com
2. Overview of business during the reporting period
In 2021, the market of logistics in China reached 335.2 trillion yuan, with a year-on-year
growth of 9.2% calculated at comparable prices and an average annual growth of 6.2% in two
years. The growth rate returned to the average level of normal years. The structure of logistics
demand changes synchronously with the adjustment of economic structure and industrial
upgrading. Overall, there was industrial logistics made teady progress, international import
logistics encounted considerable downward pressure, and consumption logistics obtained teady
growth. Industrial upgrading creadted increasing number of high-tech manufacturing logistics
demand, which presented a growing trend and leading effect. According to hazardous Chemical
Logistics Branch of China Federation of Logistics and Purchasing, the market of the national
chemical logistics industry will exceed 2 trillion yuan by the end of 2021, and the third-party
chemical logistics take 40%, meaning 800 billion yuan.
Since the explosion of Wenling tank truck and the Lebanese port incident on June 13, 2020,
the government has further strictly controlled and supervised the safe operation of dangerous
goods. The market was highly tightening and strictly controlled. In July 2020, the Office of the
Security Commission of The State Council held an meeting, which assigned safety improvement
task to chemical parks and hazardous chemical enterprises, and initiated the special rectification
work of illegal "small chemical industry".From July 1 to December 31, local public security and
traffic control departments carried out a series of traffic safety special rectification actions of
hazardous chemicals transport. In September 2020, the Security and Commission Office of The
State Council deployed the third round of special investigations on dangerous chemical safety
risks and hidden dangers. At the same time of the steady development of industry supervision, and
the market is moving towards the clean-up stage of compliance. While steadily pushibging the
industry supervision, security control is put in the first place and the market is moving towards the
compliance cleaning stage.
On September 22, 2020, at the seventy-fifth Session of the United Nations General Assembly,
the Chinese government proposed that "China will enhance its national contribution, adopt more
effective policies and measures, strive for the peak of carbon dioxide emissions by 2030, and
achieve carbon neutrality by 2060." On March 5, 2021, in the 2021 Government work report of
The State Council, Premier Li Keqiang emphasized the solid efforts to peak carbon emissions and
neutralize, carbon emissions, formulation of action plan to peak carbon emissions by 2030, and
opti
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