1、Annual Report 2021 1/237 Stock Code:603899 Short Name:M&G Corporation SHANGHAI M&G STATIONERY INC.Annual Report 2021 Annual Report 2021 2/237 Starting Afresh 2021 was a year full of challenges and opportunities for M&G and also was a year when M&G started afresh once again.Affected by COVID-19 resur

2、gence,Double Reduction,and weakening domestic expectations,the year 2021 was tough for all of us.Our colleagues and upstream and downstream partners demonstrated strong resilience and tackled the difficulties head on.The Companys One main body and two wings businesses maintained steady development a

3、nd solid growth,core competitiveness of the Company continued to improve.In the past year,every person was remarkable and it was not easy for everyone.We pushed the boundaries of our self-perception and limits of performance.As we all kow,life goes on and business needs to develop.We salute every re

4、markable M&G colleague!In 2021,the Company recorded revenue of RMB17.6 billion,an increase of 34%,and a net profit attributable to the parent company of RMB1.52 billion,an increase of 21%.The year 2021 is the beginning of Chinas 14th Five-Year Plan,and also the first year of M&Gs new five-year strat

5、egy.The Company applied new development philosophy to guide high-quality development and steadily executed Companys strategy.One important reason underlying the Companys solid and high-quality development is that we have a strong sense of mission and responsibility,and we have been insist on doing t

6、he tough but right things for more than 3 decades.In 2022,the international situation is complicated and the COVID-19 pendamic still has a long way to go.Some investors are concerned that demographic trends and Double Reduction negatively impact the realization of the Companys new five-year strategy