On April 9, 2021, Snow Wave Environment held the fifth meeting of the fourth Board of Directors and released the 2020 annual report. The annual report shows that during the reporting period, the company achieved a business income of 1,487,949,500 yuan in 2020, an increase of 19.75% over the same period last year; The net operating cash flow was 10,6,742,900 yuan, and the net operating cash flow exceeded 100 million yuan for two consecutive years; R&d investment exceeded 50 million yuan, and the independent innovation of environmental protection equipment continued to increase.  

2020 is of special significance for the snow wave environment. Xinsu Environmental Protection has become the controlling shareholder of Xuelang Environment, and the company has become a state-owned holding mixed ownership enterprise; The company's main environmental protection equipment business and environmental protection projects contracted by Xinsu Environmental protection formed a synergistic effect; The Company successfully completed the acquisition of Shanghai Changying, and during the reporting period, Shanghai Changying successfully completed its performance commitments.

2021 is the first year of the 14th Five-Year Plan, and it is also a key year for the transformation and upgrading of the Snow wave environment and the development of high-quality development. Relying on the brand influence of the Snow wave environment, customer resources and national assets, the Snow wave environment will regroup and start again through a number of measures in the face of internal and external development opportunities and challenges:

First, accelerate transformation and upgrading, improve quality internally, and strengthen advantages externally.

Second, strengthen corporate management and reshape corporate culture.

Third, always adhere to the customer-centric concept, through strict production, pay close attention to service

Fourth, establish and improve the scientific and technological innovation incentive mechanism and scientific and technological achievements transformation mechanism, improve the scientific and technological innovation management system and system, improve the company's innovation efficiency, and create the core driving force.

Fifth, take multiple measures to further improve the construction of talent echelon and provide talent guarantee for the high-quality development of the company.

Forget the past and fear the future. All employees will work together, build consensus, leave the footprint in history, and move steadily into the future.