关于中国船舶重工股份有限公司 2022 年年度报告信息披露 监管工作函部分反馈意见回复 信会师函字[2023]第 ZG119 号 关于中国船舶重工股份有限公司 2022 年年度报告信息披露监管工作函部分反馈意见回复 信会师函字[2023]第 ZG119 号 上海证券交易所 ： 中 国船舶重 工股份有 限公司（ 以下简称 "公司 "）收到上海 证券 交 易 所《关于 中国船舶 重工股份 有限公司 2022 年 年度报告 的信息披 露 监 管工作函 》（ 上证 公函【 2023】 0523 号 ，以下 简称 "监 管工作函 "）。 立 信会计师 事务所（ 特殊 普通 合伙 ）（以 下简称 "年审 会计 师 "）对监 管 工 作函所涉 及的问题 进行认真 核查，依 照相关的 法律、法 规规定，形 成 我们的相 关判断。公司的责 任是提供 真实、合 法、完整 的会计资 料 。 现 回复如下 ，请予审 核。 问题二：关于信用减值损失。年报显示，其他应收款期末账面余额为 14.81 亿元，较 2021 年底的 17.59 亿元有所减少。公司本年就其他应收款计提信用减 值损失 1.59 亿元。请公司补充披露在其他应收款账面 ...

监管工作函的部分回复公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国船舶重工股份有限公司（以下简称"公司"）收到上海证券交易所《关 于中国船舶重工股份有限公司2022年年度报告的信息披露监管工作函》（上证公 函【2023】0523号）（以下简称"《监管工作函》"），详见公司于2023年6月 17日披露的《中国重工关于收到上海证券交易所2022年年度报告信息披露监管工 作函的公告》（临2023-028）。根据《监管工作函》的要求，公司对相关事项逐 一进行了认真核查，现回复如下： 问题一：关于资产减值损失。年报显示，公司本年计提资产减值损失19.23 亿元，同比大幅增长178.33%，是自2018年以来的最高值。其中，存货跌价损失 及合同履约成本减值损失18.51亿元，固定资产减值损失0.53亿元，合同资产减 值损失0.18亿元。就减值原因，年报解释称本集团所属的船舶制造企业船用设 备、船用材料价格大幅上涨；劳动成本，维稳成本大幅提高，综合成本上涨压 力较大，处于生产过程中的产品销售合同出现亏损，导致部分存货账面成本高 于 ...

证券代码：601989 证券简称：中国重工 公告编号：临 2023-022 中国船舶重工股份有限公司关于 参加中国船舶集团控股上市公司 2022 年度集体业绩说明会 暨召开公司 2022 年度业绩说明会的公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 问题征集：投资者可于 2023 年 5 月 22 日（星期一）下午 16:00 前通过 公司邮箱 csicl601989@163.com 进行提问。公司将在本次业绩说明会上对投资者 普遍关注的问题进行回答。 中国船舶重工股份有限公司（以下简称"公司"）已于2023年4月28日在上 海证券交易所网站披露2022年年度报告及2023年第一季度报告。为便于广大投资 者更加深入地了解公司经营情况，以更丰富、便捷的方式与投资者进行交流和互 动，同时全面了解中国船舶集团有限公司（以下简称"中国船舶集团"）控股上 市公司情况，根据中国船舶集团统一安排，公司将与中国船舶集团控股的其他11 家上市公司共同参加中国船舶集团控股上市公司2022年度集体业绩说明会（以下 简称"本次业 ...

2023年第一季度报告 证券代码：601989 证券简称：中国重工 中国船舶重工股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 ...

Financial Performance - The company's operating revenue for 2022 was RMB 44.15 billion, an increase of 11.67% compared to RMB 39.54 billion in 2021[15]. - The net profit attributable to shareholders was -RMB 2.26 billion, a significant decrease from RMB 0.22 billion in the previous year, reflecting a decline of 1,128.06%[15]. - The net cash flow from operating activities was -RMB 3.60 billion, worsening from -RMB 1.80 billion in 2021[17]. - The total assets at the end of 2022 were RMB 188.90 billion, an increase of 4.86% from RMB 180.14 billion in 2021[15]. - The basic earnings per share for 2022 was -RMB 0.099, a decrease of 1,090.00% from RMB 0.010 in 2021[16]. - The company's total profit for the year was -2.550 billion RMB, compared to a profit of 0.155 billion RMB in the previous year[40]. - The total liabilities amounted to 104.813 billion RMB, reflecting a year-on-year increase of 11.45%[40]. - The company reported a total cost of 4,006.73 million yuan, an increase of 11.98% compared to the previous year[6]. Audit and Compliance - The company reported a standard unqualified audit opinion from Lixin Certified Public Accountants[2]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[4]. - The company has not disclosed any significant changes in its financial reporting procedures or decision-making processes[4]. - The internal control audit report issued by the independent auditor confirmed the effectiveness of the internal control system with a standard unqualified opinion[152]. - The company has implemented strict governance practices in compliance with relevant laws and regulations, enhancing internal controls and information disclosure[108]. Risk Management - The company has detailed potential risks in the "Management Discussion and Analysis" section of the report[4]. - The company faces macroeconomic risks, including global economic downturns and geopolitical tensions, which may impact trade and shipping markets[102]. - The company recognizes the risks associated with technological innovation, including high funding requirements and long R&D cycles, which may affect new product launches[104]. - The company faces risks of rising costs due to fluctuating prices of shipbuilding materials and labor shortages, which may lead to increased construction costs[105]. Research and Development - Research and development expenses rose to 1.432 billion RMB, marking a 25.68% increase compared to the previous year[41]. - The company applied for 1,299 patents, a year-on-year increase of 16.2%, with 744 of them being invention patents, up 24.8%[63]. - The company is focusing on technology innovation as a primary driver for industrial upgrades and enhancing core competitiveness[38]. - The company plans to increase R&D spending by 25% in 2023 to accelerate innovation and product development[122]. Environmental Responsibility - The company invested 82.8877 million yuan in environmental protection during the reporting period[154]. - The company has established a hazardous waste storage facility to ensure proper management and disposal of hazardous materials[158]. - The company has implemented a strict environmental impact assessment process for new construction projects, ensuring compliance with national regulations[160]. - During the reporting period, the company reduced carbon emissions by 114,202 tons through various carbon reduction measures, including the use of clean energy[169]. Market Position and Strategy - The company is positioned to benefit from national policies promoting high-quality development in the shipbuilding industry, focusing on green and low-carbon initiatives[30]. - The company anticipates that the global new ship market will continue to have significant growth potential in the medium to long term, supported by China's stable economic outlook and the acceleration of the industry's green transformation[91]. - The company aims to enhance its production efficiency by improving management levels and reducing key construction cycles for main ship types[34]. - The company plans to achieve revenue exceeding 45 billion yuan in 2023, focusing on high-quality development and fulfilling military tasks[98]. Corporate Governance - The company has established an independent financial accounting department and maintains a separate financial management system[112]. - The company has undergone significant changes in its board of directors, with multiple resignations and new appointments[121]. - The company has a total of 3 independent directors actively participating in board meetings[132]. - The company has established several specialized committees, including the audit committee, nomination committee, compensation and assessment committee, and strategic committee[135]. Shareholder Relations - The company has established an investor relations email for better communication with stakeholders[11]. - The company held three performance briefings to enhance investor relations and improve information disclosure quality[28]. - The company has not faced any rejected proposals during its shareholder meetings in 2022[115]. - The proposed profit distribution plan for 2022 indicates no cash dividends will be distributed due to operational losses, and no capital reserve will be converted into share capital[147].

Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,102,697.57 million, an increase of 27.56% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of CNY 66,498.32 million, with a year-to-date loss of CNY 125,219.12 million, representing a significant decline of 2,363.43% year-on-year[2][4]. - Revenue for the first nine months of 2022 was 259.62 billion RMB, an increase of 4.49% from 248.47 billion RMB in the same period of 2021[14]. - The company's net profit attributable to shareholders, excluding non-recurring gains and losses, was -125,219.12 million RMB for the first nine months of 2022, a significant decrease compared to 5,532.28 million RMB in the same period of 2021, representing a year-on-year decline of 2,363.43%[15]. - The total comprehensive income for Q3 2022 was a loss of ¥427.38 million, contrasting with a gain of ¥122.86 million in the same quarter of the previous year[25]. - Net profit for Q3 2022 was a loss of ¥1.32 billion, compared to a profit of ¥19.46 million in Q3 2021, indicating a significant decline[24]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -CNY 685,377.14 million, indicating increased procurement expenditures[3][4]. - The net cash flow from operating activities was -6,853,771,439.56 CNY, compared to -4,299,690,269.45 CNY in the previous year, indicating a decline of approximately 59.4%[28]. - Cash inflows from operating activities totaled approximately ¥31.58 billion, an increase from ¥30.40 billion in the previous year[26]. - The cash inflow from financing activities totaled 20,529,642,036.03 CNY, up from 14,199,051,548.00 CNY, marking an increase of around 44.0%[28]. - The net cash flow from financing activities was 7,090,189,953.52 CNY, compared to 5,539,640,850.93 CNY in the previous year, reflecting an increase of approximately 28.0%[28]. - The net cash flow from investment activities was -5,306,700,443.88 CNY, an improvement from -6,630,568,136.23 CNY year-over-year, showing a reduction in losses of approximately 19.9%[28]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 19,035,720.96 million, reflecting a 5.67% increase from the end of the previous year[3]. - Total liabilities increased by 12.09% to 1,054.16 billion RMB compared to 940.42 billion RMB at the end of 2021[17]. - The equity attributable to shareholders decreased to CNY 8,420,973.43 million, down 1.29% from the previous year[3]. - The balance of contract assets grew by 52.25% to 33.71 billion RMB, attributed to the progress of shipbuilding contracts exceeding the amount of settlement payments[16]. - Long-term borrowings surged by 163.47% to 204.08 billion RMB, reflecting increased financing needs due to a significant rise in new ship orders[16]. - Total assets as of September 30, 2022, were 1,903.57 billion RMB, a 5.67% increase from 1,801.39 billion RMB at the end of 2021[17]. Costs and Expenses - Operating costs rose to 245.36 billion RMB, reflecting a year-on-year increase of 6.44%[14]. - The gross profit margin decreased to 5.49%, down 1.74 percentage points compared to the previous year[14]. - Research and development expenses increased by 64.85% to 94,853.36 million RMB, driven by enhanced investment in product design and construction processes[15]. - Total operating costs for Q3 2022 were approximately ¥27.68 billion, an increase of 9.91% from ¥25.19 billion in Q3 2021[23]. - Research and development expenses rose to ¥948.53 million, up 65% from ¥575.40 million year-over-year[23]. Challenges and External Factors - The company faced significant challenges due to geopolitical conflicts, domestic COVID-19 outbreaks, and rising costs, impacting production and profitability[4]. - The company is experiencing increased construction costs due to high prices of shipbuilding materials and labor shortages[4][9]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 609,722, with the largest shareholder holding 34.53% of the shares[12].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,493,488.32 million, a decrease of 7.82% compared to CNY 1,620,252.44 million in the same period last year[18]. - The net profit attributable to shareholders was -CNY 58,720.80 million, down 471.45% from CNY 15,808.60 million in the previous year[18]. - The net cash flow from operating activities was -CNY 542,401.63 million, compared to -CNY 252,568.88 million in the same period last year[18]. - The basic earnings per share for the first half of 2022 was -CNY 0.026, a decrease of 471.43% from CNY 0.007 in the previous year[19]. - The total assets at the end of the reporting period were CNY 19,199,955.46 million, an increase of 6.58% from CNY 18,013,934.05 million at the end of the previous year[18]. - The company's operating revenue for the first half of 2022 was 149.35 billion RMB, a decrease of 7.82% year-on-year[35]. - Operating costs amounted to 141.06 billion RMB, down 5.73% compared to the previous year, resulting in a gross profit margin of 5.55%, a decline of 2.10 percentage points[35]. - Research and development expenses increased by 53.75% to 5.25 billion RMB, reflecting enhanced investment in product design and construction processes[35]. - The total new orders for the first half of 2022 amounted to 327.89 billion RMB, a decrease of 19.72% year-on-year[40]. Risk Factors - The company faced significant challenges due to uneven distribution of shipbuilding product construction nodes, rising energy and raw material prices, and supply chain disruptions caused by the pandemic[20]. - The company reported a net loss primarily due to high fixed manufacturing costs and increased production costs, leading to a significant impact on profitability[20]. - The company faces significant macroeconomic risks due to geopolitical conflicts and the ongoing pandemic, which may lead to decreased investment in the international shipping market[57]. - Rising costs are a concern, with international commodity prices, particularly for oil and gas, significantly increasing, potentially leading to sustained high production costs[58]. - Demand risks are present as global economic slowdown may reduce international trade demand, impacting the shipping market and new ship orders[59]. - The competition in the shipbuilding industry is intensifying, especially in the green and high-value ship segments, with increased rivalry from Chinese and Korean shipbuilders[60]. Corporate Governance - The financial report has been declared true, accurate, and complete by the company's responsible persons[3]. - The report is unaudited, and all board members attended the board meeting[3]. - The company has not violated decision-making procedures for external guarantees[7]. - The company did not distribute cash dividends or increase share capital from reserves during the reporting period[4]. - There were changes in the board of directors, with the election of Fu Xiangzhao as a new director on May 17, 2022[70]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[72]. Environmental Compliance - The company has publicly disclosed environmental information in accordance with local government requirements for its key pollutant discharge units[74]. - The company has established 15 key pollutant discharge subsidiaries, all equipped with dedicated environmental management personnel and monitoring teams, ensuring compliance with pollution prevention regulations[76]. - The company has implemented a comprehensive emergency response plan for environmental incidents, including monitoring points for real-time detection of pollutants[79]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[81]. - The company has committed to maintaining and upgrading pollution control facilities to enhance treatment capabilities and ensure compliance with environmental standards[78]. Strategic Initiatives - The company aims to enhance its military production capacity and drive innovation towards intelligent, energy-efficient, and high-value-added industries[33]. - The company is actively pursuing opportunities in the green and low-carbon ship market, aligning with carbon reduction trends[34]. - The company has a strong technological innovation capability, continuously enhancing its independent innovation ability and increasing R&D investment[30]. - The company is focusing on optimizing its order structure to enhance its market share in mid-to-high-end ship types[34]. - The company has committed to resolving industry competition issues with China Shipbuilding Group within five years, utilizing methods such as asset restructuring and business adjustments[89]. Financial Management - The company reported a total bank deposit of CNY 716.16 billion as of June 30, 2022, with CNY 301.05 billion deposited in the financial company, accounting for 42.04% of total bank deposits[102]. - The total loan amount as of June 30, 2022, was CNY 291.9 billion, with CNY 49.23 billion from the financial company, representing 16.87% of total loans[103]. - The company has a maximum daily related deposit limit of CNY 450 billion, with an interest rate range for RMB deposits between 0.385% and 3.8%[102]. - The company has set a maximum loan limit of CNY 100 billion from the financial company, with interest rates ranging from 2% to 4%[103]. - The company has engaged qualified third parties for regular maintenance of its wastewater treatment facilities to ensure stable and compliant discharge[76]. Market Position - The company is a leading supplier of marine defense equipment, contributing significantly to national defense modernization efforts[29]. - The company operates in multiple sectors, including marine defense and marine transportation, maintaining a leading position in each field[32]. - In the first half of 2022, China's shipbuilding industry accounted for 45.2% of the global new orders, with a new order volume of 22.46 million deadweight tons[28]. - The global new ship order volume in the first half of 2022 was 40.73 million deadweight tons, a decrease of 52% year-on-year[28]. - The company achieved a hand-held ship order volume of 102.74 million deadweight tons by the end of June 2022, an increase of 18.6% year-on-year[34]. Shareholder Information - The company has a total of 629,963 common shareholders as of the end of the reporting period[114]. - The top ten shareholders hold a total of 7,872,473,398 shares, representing 34.53% of the total shares outstanding[115]. - The largest shareholder, Dalian Shipbuilding Investment Holding Co., Ltd., holds 1,810,936,360 shares, accounting for 7.94% of the total shares[115]. - The company has 581,952,117 restricted shares that will become tradable on May 25, 2023, under voluntary extension conditions[118]. - The company has extended the lock-up period for 718,232,042 shares held by major shareholders until May 25, 2022, reflecting confidence in future development[93].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 611,425.30 million, a decrease of 14.17% year-on-year[2] - The net profit attributable to shareholders was RMB 55.55 million, down 72.70% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB -37.35 million, a decline of 143.98% year-on-year[2] - The basic earnings per share for the period was RMB 0.002, a decrease of 77.78% year-on-year[2] - The diluted earnings per share was also RMB 0.002, reflecting the same percentage decrease[3] - The company's net profit attributable to shareholders of the parent company for Q1 2022 was 0.06 billion RMB, a decrease of 72.70% from 0.20 billion RMB in Q1 2021[10] - Net profit for Q1 2022 was approximately $42.09 million, a significant decline of 79.0% from $200.11 million in Q1 2021[18] - The company recorded a total comprehensive income of approximately -$2.82 million in Q1 2022, compared to $190.14 million in Q1 2021[18] Cash Flow - The net cash flow from operating activities was RMB -2,751.96 million, compared to RMB -314 million in the same period last year[3] - The company reported a net cash outflow from operating activities of approximately $2.75 billion in Q1 2022, compared to an outflow of $313.60 million in Q1 2021[19] - The net cash flow from financing activities was 0.81 billion RMB, a substantial increase of 291.04% from 0.21 billion RMB in the previous year[12] - Cash inflow from financing activities amounted to approximately $4.33 billion, up from $3.64 billion year-over-year[20] - Net cash flow from financing activities increased to $813.73 million, compared to $208.09 million in the previous year[20] - The net decrease in cash and cash equivalents was approximately -$7.28 billion, compared to -$4.17 billion in the previous year[20] - The ending balance of cash and cash equivalents was approximately $27.65 billion, down from $32.61 billion year-over-year[20] Assets and Liabilities - The total assets at the end of the reporting period were RMB 18,419,077.70 million, an increase of 2.25% from the end of the previous year[3] - The total assets as of March 31, 2022, were 184.19 billion RMB, reflecting a growth of 2.25% from 180.14 billion RMB at the end of 2021[11] - The total liabilities increased by 4.28% to 98.07 billion RMB compared to 94.04 billion RMB at the end of 2021[11] - Total liabilities amounted to CNY 98,071,060,138.03, compared to CNY 94,042,164,637.11, reflecting an increase of about 4.3%[16] - Long-term borrowings reached 10.50 billion RMB, up 35.57% from 7.75 billion RMB at the end of 2021[13] - Long-term borrowings increased significantly to CNY 10,501,126,527.78 from CNY 7,745,827,777.78, representing a rise of approximately 35.8%[16] Revenue and Costs - The operating cost for Q1 2022 was 5.43 billion RMB, down 15.36% from 6.41 billion RMB in the same period last year[10] - Total operating costs for Q1 2022 were approximately $6.22 billion, down 12.4% from $7.10 billion in Q1 2021[17] - The gross profit margin increased to 11.27%, up 1.25 percentage points year-on-year[10] - Investment income for the reporting period was 0.76 billion RMB, a significant increase of 152.21% compared to 0.30 billion RMB in Q1 2021[10] - Research and development expenses increased to approximately $146.71 million in Q1 2022, up from $128.45 million in Q1 2021, reflecting a growth of 14.2%[17] Challenges and Strategies - The company faced challenges due to the uneven distribution of revenue recognition in shipbuilding and high costs of raw materials and labor[3] - The company implemented cost control measures to mitigate the impact of rising costs and improve efficiency[3] - The company plans to enhance its market expansion efforts and invest in new product development to drive future revenue growth[14] Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 65,939,273,780.20 from CNY 67,978,718,297.03, a decline of about 3.0%[14] - Accounts receivable increased to CNY 8,649,993,463.67 from CNY 8,107,585,641.78, reflecting a growth of approximately 6.7%[14] - Inventory rose to CNY 29,260,201,576.13 from CNY 26,606,053,579.36, indicating an increase of around 10.0%[15] - Total non-current assets reached CNY 57,160,509,478.16, up from CNY 56,891,534,636.22, marking a growth of about 0.5%[15] - The company's financial expenses showed a reduction, with net financial costs of approximately -$280.89 million in Q1 2022, compared to -$339.20 million in Q1 2021[17] Accounting Standards - The company has implemented new accounting standards starting from 2022[20]

Financial Performance - In 2021, the company's operating revenue reached RMB 39.54 billion, a year-on-year increase of 13.27%[17]. - The net profit attributable to shareholders was RMB 2.20 billion, compared to a loss of RMB 481.19 million in the previous year[18]. - The net cash flow from operating activities was -RMB 1.80 billion, a decrease of 119.39% year-on-year[18]. - The company achieved a basic earnings per share of RMB 0.010, recovering from a loss of RMB 0.021 per share in 2020[18]. - The total assets at the end of 2021 were RMB 180.14 billion, an increase of 4.49% compared to the previous year[17]. - The company reported a weighted average return on equity of 0.26%, an increase of 0.82 percentage points from the previous year[18]. - The company’s net assets attributable to shareholders were RMB 85.31 billion, a slight increase of 0.12% from the previous year[17]. - The company’s revenue from non-main business activities was RMB 1.08 billion, primarily from waste material processing and leasing[18]. - The company received land compensation of RMB 1.046 billion from the government, contributing to the net profit[18]. - The total profit reached 155 million RMB, compared to a loss of 391 million RMB in the previous year[44]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 0.03 RMB per 10 shares to all shareholders, totaling approximately 68.41 million RMB based on a total share capital of 22,802,035,324 shares as of December 31, 2021[3]. - The company does not plan to implement any capital reserve transfers to increase share capital this year, focusing solely on cash dividends[3]. - The company has a cash dividend policy that adheres to its articles of association and has been executed properly[154]. Governance and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants, ensuring the accuracy and completeness of the financial report[2]. - The company has confirmed that all board members attended the board meeting, ensuring collective responsibility for the report's content[2]. - The company has not violated any decision-making procedures regarding external guarantees, maintaining compliance with regulations[5]. - The company has established a robust governance structure, ensuring compliance with corporate laws and protecting shareholder rights[119]. - The company has maintained independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring compliance with relevant laws and regulations[119]. - The company received an A-level rating for information disclosure from the Shanghai Stock Exchange in August 2021, reflecting its commitment to transparency and investor relations[120]. Risk Management and Challenges - The company has outlined potential risks in the management discussion and analysis section, emphasizing the importance of investor awareness regarding these risks[5]. - The company faces risks from macroeconomic fluctuations, including demand contraction and supply shocks[109]. - There is a risk of demand slowdown in the shipping market due to global economic uncertainties[110]. - Rising costs of shipbuilding materials and labor shortages pose significant challenges[111]. - The competitive landscape is intensifying as global shipbuilding companies vie for orders[112]. Technological Innovation and Development - The company is actively pursuing technological innovation, including the development of low-pressure, high-pressure, and self-pressurizing LNG supply systems[29]. - The company emphasizes the importance of technological innovation, with a robust R&D system and significant investment in technology to maintain its competitive edge[40]. - The company has established a national enterprise technology center and has been recognized as a national high-tech enterprise[70]. - The company applied for 1,118 patents during the reporting period, a 19.1% increase from the previous year, with 596 of these being invention patents[70]. Environmental Responsibility - The company has established dedicated environmental protection management personnel and monitoring teams at all 12 key pollutant discharge units, ensuring compliance with environmental regulations[163]. - The company has implemented a comprehensive waste management system, including designated hazardous waste storage areas with environmental protection measures[163]. - The company has made significant investments in pollution prevention facilities across its subsidiaries, enhancing overall environmental performance[163]. - The company invested CNY 292 million in energy conservation and emission reduction initiatives in 2021[173]. - The company actively participated in carbon trading markets, selling carbon emission quotas to reduce carbon intensity[173]. Market Position and Future Outlook - The company secured new ship orders totaling 70 vessels, amounting to 8.7773 million deadweight tons, a year-on-year increase of 277%[26]. - The global new ship order volume reached 120 million deadweight tons in 2021, a year-on-year increase of 77%, the highest since 2014[24]. - The company anticipates continued demand for new ship orders in 2022, with a projected global new ship transaction volume of approximately 9 million deadweight tons[32]. - The company aims to enhance its global competitiveness by focusing on low-carbon, energy-saving, and environmentally friendly shipbuilding technologies[96]. - The company plans to achieve operating revenue exceeding 40 billion yuan in 2022[105]. Human Resources and Management - The company has a total of 33,509 employees, with 18 in the parent company and 33,491 in major subsidiaries[148]. - The workforce includes 16,999 production personnel, 704 sales personnel, 8,212 technical personnel, 521 financial personnel, and 7,073 administrative personnel[148]. - The company has 1,925 employees with a postgraduate degree, 12,667 with a bachelor's degree, and 8,423 with a college diploma[148]. - The remuneration for senior management is determined based on annual performance assessments, aligning incentives with company performance[134]. Related Party Transactions - In 2021, the company executed related party transactions within the approved limits, with actual sales of related products amounting to 3.768 billion RMB against a limit of 4.8 billion RMB, and related product purchases totaling 9.557 billion RMB against a limit of 15.5 billion RMB[194]. - The company’s related party transactions for labor procurement were executed at 716 million RMB against a limit of 1 billion RMB, remaining within the approved threshold[194]. - The company’s related party transactions for asset leasing totaled 2.4 million RMB against a limit of 500 million RMB, also within the approved limits[194]. Leadership and Board Changes - The company appointed Sun Dongming as a supervisor on November 15, 2021, following the resignation of the previous supervisor Yang Weizan due to work arrangements[130]. - The company reported a significant leadership change with the resignation of independent director Wang Yongli on February 10, 2022, due to new job restrictions[130]. - The company has a new independent director, Chen Ying, who has extensive experience in finance and management, previously serving as CFO of Baosteel Group[129]. - The company has seen a transition in its board with the resignation of Zhang Delin on March 10, 2022, due to reaching the legal retirement age[130].