上海晨光文具股份有限公司2020年年度报告（英文版）（244页）.PDF

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1、Annual Report 2020 1/244 Stock Code:603899 Short Name:M&G Stationery SHANGHAI M&G STATIONERY INC.Annual Report 2020 Annual Report 2020 2/244 Going Forward with our Mission Dear shareholders,partners and friends,The year 2020 was an extraordinary year.Since the beginning of the year,the sudden outbre

2、ak of the COVID-19 pandemic has brought tremendous impacts to various industries.Due to such macroeconomic climate and the delay in school return date,many stationery shops faced grave challenges to resume operation.Among such uncertainties,what M&G can do is do things with certainty.The Company act

3、ed quickly to fight against the pandemic.On the one hand,we adopted pandemic prevention and control measures to protect our employees,provided PPE for front-line workers and donated money and materials.On the other hand,the Company took resolute steps to restart factories to resume production.In the

4、 first half of the year,the Company recorded a decrease in results.With our strenuous efforts,we achieved satisfactory performance in the second half.One of the most important things we learned in 2020 is that if you truly aspire something,you can always work out a way and if you persist enough,you

5、can make the seemingly impossible come true.In 2020,the Company recorded revenue of RMB13 billion,an increase of 17.9%,and net profit of RMB1.2 billion,an increase of 18.4%.For the past years since going public,M&G has maintained health growth and sound asset condition.The year 2020 was of great sig

6、nificance to M&G.Exploring with the spirit of a startup company,M&G has been founded for three decades,and it launched a new round of a five-year strategy plan.The year 2021 is the beginning of Chinas 14th Five-Year Plan,and also the start of M&Gs new five-year strategy.M&G will adhere to the new de