Hangzhou Greatstar Industrial Co Ltd 2021 AR2
The report highlights Hangzhou Great Star Industrial Co., Ltd's performance for the fiscal year 2021, during which the company achieved a record operating revenue of RMB 10.92 billion, representing a 27.80% year-on-year increase. Despite challenges such as rising raw material prices and high shipping costs, the company expanded its market share in hand tools, storage cabinets, and laser measurement businesses, and successfully completed the acquisitions of BeA and Geelong. On the environmental front, the company implemented energy conservation and emission reduction systems, actively designed green products, and promoted green office initiatives. Additionally, the company maintained a strong focus on R&D, investing RMB 310 million and designing 1,838 new products.
Company: Hangzhou Greatstar Industrial Co Ltd
Sector: Consumer Discretionary
Country: China
Year: 2021
Type: AR2
Pages: 325
Hangzhou Greatstar Industrial Co Ltd
Annual Report
The report highlights Hangzhou Great Star Industrial Co., Ltd's performance for the fiscal year 2021, during which the company achieved a record operating revenue of RMB 10.92 billion, representing a 27.80% year-on-year increase. Despite challenges such as rising raw material prices and high shipping costs, the company expanded its market share in hand tools, storage cabinets, and laser measurement businesses, and successfully completed the acquisitions of BeA and Geelong. On the environmental front, the company implemented energy conservation and emission reduction systems, actively designed green products, and promoted green office initiatives. Additionally, the company maintained a strong focus on R&D, investing RMB 310 million and designing 1,838 new products.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 2, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees