证券代码：603606 证券简称：东方电缆 公告编号：2023-028 宁波东方电缆股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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： 会议召开时间：2023 年 08 月 15 日(星期二) 上午 10:00-11:00 投资者可于 2023 年 08 月 08 日(星期二) 至 08 月 14 日(星期 一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 orient@orientcable.com 进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 宁波东方电缆股份有限公司（以下简称"公司"）已于 2023 年 8 月 5 日发布公司 2023 年半年度报告，为便于广大投资者更全面深入 地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 08 月 15 日 上午 10:00-11:00 举行 2023 年半年度业绩说明会，就投 资者关心的问题进行交流。 一、 说明会类型 本次投资者说明 ...

证券代码：603606 证券简称：东方电缆 公告编号：2023-017 宁波东方电缆股份有限公司 关于参加沪市风电产业链上市公司2022年年报 集体业绩说明会的公告 ●投资者可于 2023 年 4 月 25 日(星期二)至 5 月 4 日(星期四) 16：00 前登录上证路演中心网站首页点击"提问预征集"栏目或通 过公司邮箱 orient@orientcable.com 进行提问。公司将会在说明会 上对投资者普遍关注的问题进行回答。 宁波东方电缆股份有限公司（以下简称"公司"）已于2023年 3月10日发布了公司2022年年度报告，为便于广大投资者更全面 深入地了解公司2022年度经营成果、财务状况，同时更加充分地 向投资者展示风电产业链发展情况，公司计划于2023年5月5日下 午14:00-15:30参加沪市风电产业链上市公司2022年年报集体业绩 说明会，就投资者关心的问题进行交流。 一、说明会类型 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： ●会议召开时间：2023年5月5日（星期五）下午14:00 ...

Financial Performance - The company reported a total operating revenue of RMB 1,437,884,633.02 for Q1 2023, a decrease of 20.82% compared to the same period last year[5]. - Net profit attributable to shareholders was RMB 255,806,690.80, reflecting an 8.10% decline year-on-year, but a 141.18% increase quarter-on-quarter[10]. - The basic earnings per share for the period was RMB 0.37, down 7.50% from the previous year[6]. - Total operating revenue for Q1 2023 was ¥1,437,884,633.02, a decrease of 20.85% compared to ¥1,816,070,541.74 in Q1 2022[16]. - Net profit for Q1 2023 was ¥255,806,690.80, a decrease of 8.06% from ¥278,348,645.49 in Q1 2022[17]. - Basic earnings per share for Q1 2023 was ¥0.37, compared to ¥0.40 in Q1 2022[17]. - Total profit for Q1 2023 was ¥296,114,506.73, a decrease of 8.74% from ¥324,464,464.36 in Q1 2022[17]. - Research and development expenses for Q1 2023 were ¥47,772,846.18, a decrease of 12.25% from ¥54,497,254.55 in Q1 2022[16]. - Other comprehensive income after tax for Q1 2023 was ¥34,354,474.76, compared to ¥38,477,222.70 in Q1 2022[17]. Cash Flow - The company reported a net cash flow from operating activities of RMB -327,470,142.65, indicating a negative cash flow situation[5]. - Cash flow from operating activities for Q1 2023 was negative at -¥327,470,142.65, an improvement from -¥844,093,061.52 in Q1 2022[19]. - Total cash outflow from operating activities was ¥1,353,016,865.99, down from ¥1,942,075,427.29 in Q1 2022[19]. - Total cash inflow from investment activities amounted to ¥10,010,000[20]. - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was ¥221,138,869.78[20]. - Net cash flow from investment activities was -¥235,404,369.78, a decrease of ¥101,786,481.66 compared to the previous period[20]. - Cash inflow from financing activities totaled ¥300,000,000[20]. - Cash outflow for debt repayment was ¥100,000,000[20]. - Net cash flow from financing activities was -¥109,791,526.66, compared to an inflow of ¥261,019,966.75 in the previous period[20]. - The impact of exchange rate changes on cash and cash equivalents was -¥2,736,314.33[20]. - The net decrease in cash and cash equivalents was -¥675,402,353.42, compared to -¥684,831,045.17 in the previous period[20]. - The ending balance of cash and cash equivalents was ¥1,307,050,648.74[20]. Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 9,626,954,248.67, representing a 4.78% increase from the end of the previous year[6]. - Current assets total RMB 7.161 billion, an increase from RMB 6.831 billion in the previous period, with cash and cash equivalents at approximately RMB 1.601 billion[13]. - Inventory has increased to RMB 1.624 billion from RMB 1.321 billion, indicating a growth in stock levels[13]. - Total liabilities amount to RMB 4.015 billion, up from RMB 3.694 billion, reflecting an increase in financial obligations[14]. - The total equity attributable to shareholders is RMB 5.612 billion, compared to RMB 5.494 billion in the previous period, showing a growth in shareholder value[15]. - The company reported a significant increase in accounts receivable, rising to RMB 2.993 billion from RMB 2.336 billion, indicating higher sales on credit[12]. Strategic Initiatives - The company has strengthened strategic cooperation and market expansion in sectors such as power construction and marine oil and gas, winning several key projects[10]. - The company has secured an international project with Qatar's NFXP for submarine cable in the marine oil and gas sector, marking a significant step in its internationalization strategy[11]. - The company signed a preliminary engineering agreement worth approximately RMB 14 million with Inch Cape Offshore Limited for a total planned capacity of 1.08 million kW in the offshore wind power project[11]. - As of the report date, the company has an order backlog of approximately RMB 8.931 billion, including RMB 5.014 billion for submarine cable systems, RMB 2.448 billion for land cable systems, and RMB 1.469 billion for marine engineering[11]. - The company is committed to adhering to IEC standards and Cigre specifications for its projects, ensuring compliance and quality in its offerings[11]. - The company plans to further expand its market presence and product offerings in the offshore wind power sector, leveraging its recent project wins[11]. Government Support - The company received government subsidies amounting to RMB 3,314,366.01 during the reporting period[7]. Shareholder Information - The total number of shareholders at the end of the reporting period was 85,217, with the largest shareholder holding 31.63% of the shares[8].

Financial Performance - In 2022, the company achieved a net profit of RMB 844,548,809.61, with a distributable profit of RMB 760,093,928.65 for shareholders after a 10% allocation to statutory reserves[6]. - The proposed cash dividend for 2022 is RMB 2.50 per 10 shares, totaling RMB 171,928,842.00, based on a total share capital of 687,715,368 shares as of December 31, 2022[6]. - The retained earnings after the profit distribution will amount to RMB 2,806,934,303.45[6]. - The net profit attributable to shareholders was CNY 842.35 million, down 29.14% from CNY 1.19 billion in 2021[24]. - The basic earnings per share were CNY 1.22, down 32.60% from CNY 1.81 in 2021[23]. - The company reported a net loss from non-operating income and expenses of CNY 4.19 million in 2022[27]. - The total operating revenue for the year was 700,000,000 CNY, with a year-on-year increase of 10%[72]. - The total remuneration paid to directors, supervisors, and senior management in 2022 amounted to CNY 49.4014 million[162]. Revenue and Sales - In 2022, the company achieved operating revenue of CNY 7.01 billion, a decrease of 11.64% compared to CNY 7.93 billion in 2021[20]. - The revenue from the land cable system increased by 3.53% to CNY 3,976,944,894.18[66]. - Revenue from the submarine cable system and marine engineering totaled 3.028 billion RMB, down 25.82% year-on-year, while revenue from the land cable system increased by 3.53% to 3.977 billion RMB[59]. - The company experienced a significant increase in other income, which rose by 45.28% to CNY 23,330,444.63[60]. Assets and Liabilities - The company's total assets increased by 9.59% to CNY 9.19 billion at the end of 2022, compared to CNY 8.38 billion at the end of 2021[22]. - The company’s net assets attributable to shareholders increased by 12.54% to CNY 5.49 billion at the end of 2022, compared to CNY 4.88 billion at the end of 2021[22]. - The company's cash and cash equivalents increased by 34.74% to CNY 2,257,796,066.65, accounting for 24.57% of total assets[83]. - The company's long-term borrowings increased significantly, reaching CNY 1,060,901,694.44, which accounts for 11.55% of total liabilities[85]. Research and Development - The company applied for 54 patents, including 19 invention patents, significantly improving its intellectual property portfolio[32]. - The company has a total of 223 R&D personnel, making up 17.04% of the total workforce[79]. - The company reported a total R&D investment of 237,885,099.67 CNY, accounting for 3.39% of operating revenue[78]. - The company has been recognized for its contributions to technological innovation and has received multiple awards for its achievements[153]. Market Position and Strategy - The company was recognized as one of the "Top 10 Most Competitive Global Submarine Cable Companies" and "Top 10 Most Competitive Cable Enterprises in China" in 2022[30]. - The company aims to enhance its sustainable competitiveness and achieve its vision of becoming a modern enterprise with independent intellectual property rights and international core competitiveness[33]. - The company has established a comprehensive product range including 500kV and below AC and DC submarine cables, and various specialized cables for different applications[39]. - The company is focusing on deep-sea oil and gas extraction and offshore wind power development, providing comprehensive solutions in these sectors[42]. Operational Efficiency - The cash flow from operating activities was CNY 647.24 million, an increase of 10.42% from CNY 586.15 million in 2021[20]. - The company’s digital transformation is underway, with the successful integration of a SAP-based digital system to improve operational efficiency[33]. - The company emphasizes the importance of compliance and risk management to ensure stable and sustainable operations[124]. - The company has implemented a digital platform for regulatory management, enhancing the efficiency of internal control processes[183]. Sustainability and Environmental Responsibility - The company achieved zero major safety incidents, zero occupational diseases, and zero environmental pollution events during the reporting period[191]. - The company has established a sustainable development committee at the board level to oversee sustainability goals and plans[191]. - The company has implemented energy-saving measures resulting in an 8.35% reduction in comprehensive energy consumption per ten thousand yuan of output value[195]. - The company actively promotes the use of clean energy and carbon reduction technologies in its operations[193]. Corporate Governance - The company is committed to improving corporate governance and compliance with relevant laws and regulations[145]. - The board of directors consists of 9 members, including 3 independent directors, meeting the legal requirements for composition[142]. - The company held 7 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[142]. - The company has established a transparent performance evaluation system for directors, supervisors, and senior management, linking compensation to performance metrics[145].

证券代码：603606 证券简称：东方电缆 公告编号：2023-012 宁波东方电缆股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 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个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 03 月 14 日(星期二) 至 03 月 20 日(星期 一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 orient@orientcable.com 进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 宁波东方电缆股份有限公司（以下简称"公司"）已于 2023 年 3 月 10 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了 解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 03 月 21 董事长：夏崇耀 总经理：夏峰 会议召开时间：2023 年 03 月 21 日(星期二) 下午 15:00-16:00 会议 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,805,220,334.74, a decrease of 24.36% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥214,077,932.52, down 34.04% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥224,632,492.54, a decrease of 30.29% compared to the previous year[4]. - The basic earnings per share for Q3 2022 was ¥0.31, reflecting a decline of 38.00% year-on-year[5]. - The diluted earnings per share for Q3 2022 was also ¥0.31, down 32.61% from the same period last year[5]. - The weighted average return on equity decreased by 3.47 percentage points to 4.09% for Q3 2022[5]. - The company achieved a main business revenue of 1.796 billion RMB in Q3 2022, a year-on-year decrease of 24.68%[13]. - For the first nine months of 2022, the company reported a cumulative main business revenue of 5.664 billion RMB, a year-on-year decrease of 1.99%[13]. - Net profit for the first three quarters of 2022 was approximately ¥736.29 million, a decrease of 23.4% compared to ¥961.52 million in the same period of 2021[22]. - The company reported a total comprehensive income of approximately ¥514.83 million for the third quarter of 2022, down from ¥957.76 million in the same period of 2021[22]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥8,632,002,407.83, an increase of 2.96% compared to the end of the previous year[5]. - The equity attributable to shareholders increased by 5.61% to ¥5,155,690,237.86 compared to the end of the previous year[5]. - The company's total assets as of September 30, 2022, amounted to 8.632 billion RMB, compared to 8.384 billion RMB at the end of 2021[18]. - The company's total liabilities as of September 30, 2022, were approximately 2.090 billion RMB, down from 3.413 billion RMB at the end of 2021[18]. - Total liabilities as of the end of the third quarter of 2022 were approximately ¥3.47 billion, a slight decrease from ¥3.50 billion at the end of the previous quarter[21]. - Total equity attributable to shareholders of the parent company was approximately ¥5.16 billion, an increase from ¥4.88 billion in the previous year[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥802,936,220.82[5]. - The net cash flow from operating activities for the first three quarters of 2022 was -802,936,220.82 RMB, compared to -170,704,949.76 RMB in the same period of 2021[24]. - Total cash inflow from operating activities was 5,313,562,989.16 RMB, an increase from 5,192,459,467.82 RMB year-over-year[24]. - Cash outflow from operating activities totaled 6,116,499,209.98 RMB, up from 5,363,164,417.58 RMB in the previous year[24]. - The net cash flow from investment activities was -225,320,983.73 RMB, compared to -299,795,653.32 RMB in the same period of 2021[25]. - Cash inflow from financing activities amounted to 1,579,800,000.00 RMB, compared to 585,900,000.00 RMB in the previous year[25]. - The net cash flow from financing activities was 395,589,170.48 RMB, a decrease from 427,841,296.08 RMB year-over-year[25]. - The ending balance of cash and cash equivalents was 862,283,463.38 RMB, down from 918,231,341.47 RMB in the previous year[25]. - The company received 470,000,000.00 RMB related to investment activities, indicating a significant cash inflow[25]. - The cash paid for purchasing fixed assets and other long-term assets was 231,177,188.09 RMB, compared to 496,315,335.74 RMB in the previous year[25]. - The company reported a significant increase in cash received from other operating activities, totaling 455,717,124.78 RMB, compared to 212,646,377.61 RMB in the previous year[24]. Operational Challenges - The company experienced delays in the delivery of some submarine cable projects due to the end of the domestic offshore wind power installation rush and the impact of the pandemic[8]. - The land cable system revenue for the first nine months was 3.089 billion RMB, an increase of 15.96% year-on-year, while the submarine cable system revenue was 1.926 billion RMB, down 23.62%[13]. - Research and development expenses for the first three quarters of 2022 were approximately ¥189.02 million, slightly down from ¥190.99 million in the same period of 2021[21]. - Deferred income as of the end of the third quarter of 2022 was approximately ¥58.78 million, a decrease from ¥63.98 million at the end of the previous quarter[21]. - The company reported a significant decrease in accounts payable, which was approximately 773 million RMB compared to 733 million RMB in the previous year[18]. - Total operating costs for the first three quarters of 2022 were approximately ¥4.74 billion, an increase of 3.1% compared to ¥4.59 billion in the same period of 2021[21].

Financial Performance - The company achieved operating revenue of RMB 3.86 billion in the first half of 2022, representing a year-on-year increase of 13.96%[16]. - Net profit attributable to shareholders was RMB 522.17 million, a decrease of 18.02% compared to the same period last year[16]. - The net profit after deducting non-recurring gains and losses was RMB 529.05 million, down 16.31% year-on-year[16]. - The company reported basic earnings per share of RMB 0.76, a decrease of 21.65% compared to the previous year[17]. - The company reported a total comprehensive income of CNY 418,838,605.57 for the first half of 2022, a decrease from CNY 661,427,725.24 in the previous year[109]. - The company reported a net loss of 150,444,892.67 RMB for the period, highlighting challenges in profitability[128]. - The total operating income for the first half of 2022 was CNY 628,640,901.90, down from CNY 713,919,702.06 in the previous year, reflecting a decline of approximately 11.93%[113]. Cash Flow and Liquidity - The cash flow from operating activities was negative RMB 500.85 million, primarily due to changes in operating receivables[18]. - The company achieved a net cash flow from operating activities of -500.85 million RMB, worsening from -177.26 million RMB in the previous year[48]. - The cash inflow from operating activities totaled CNY 3,511,873,809.32, compared to CNY 3,214,030,091.84 in the first half of 2021, representing an increase of approximately 9.26%[115]. - The company's cash and cash equivalents amounted to ¥1,752,382,534.56, an increase from ¥1,675,729,479.17 at the beginning of the period[99]. - The total cash and cash equivalents at the end of the period reached CNY 1.38 billion, up from CNY 865.89 million at the end of the first half of 2021, marking an increase of approximately 59.2%[119]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 8.89 billion, an increase of 6.03% from the end of the previous year[16]. - The total liabilities rose to CNY 3,825,255,990.34 from CNY 3,498,209,881.69, an increase of approximately 9.34%[102]. - Long-term borrowings amounted to CNY 860,703,055.55, indicating a significant increase as it was not reported in the previous period[105]. - The company's total equity attributable to shareholders increased to CNY 5,059,707,027.21 from CNY 4,881,595,008.11, representing a growth of approximately 3.64%[102]. Market Position and Industry Trends - The company is a core supplier of land and submarine cable systems in China, ranking among the top 10 most competitive companies in the global submarine cable industry in 2021[21]. - The cable industry in China has over 10,000 production enterprises, with more than 4,000 being large-scale companies, but no single company holds a dominant market position[23]. - The company is positioned to capitalize on the increasing demand for renewable energy cables, as the market for wind and solar energy is projected to grow significantly over the next decade[23]. - The demand for special cables, which can withstand high temperatures and corrosive environments, is expected to grow due to advancements in technology and the push for modernization in various sectors[25]. - The industry is experiencing a trend of consolidation, with the market share of the top ten companies in China being less than 10%, compared to over 70% in developed countries[25]. Research and Development - The company has applied for 24 patents and was granted 11 patents during the reporting period, indicating significant progress in intellectual property[44]. - The company has participated in 21 national major scientific research projects, establishing a collaborative innovation mechanism with renowned research institutions and universities[32]. - Research and development expenses increased due to ongoing investments in major domestic and international technology projects, including high-voltage dynamic cables and ultra-high voltage direct current submarine cable soft joints[49]. Government Policies and Subsidies - The total amount of government subsidies recognized in the current period was RMB 10,263,867.01, closely related to the company's normal business operations[19]. - The company has implemented provincial subsidy policies in regions like Guangdong and Shandong to stimulate offshore wind power installation demand[26]. - Government subsidies related to income are recognized as deferred income to compensate for future costs or losses, and are included in current profits or losses when the costs are recognized[199]. Environmental and Safety Practices - The company achieved a 100% compliance rate for wastewater discharge standards, with all wastewater monitored meeting the required standards[75]. - The company maintained a zero record for major safety incidents, occupational diseases, and environmental pollution events during the reporting period[75]. - The company has established a dedicated safety and environmental protection department to enhance its sustainable development performance[75]. Risks and Challenges - The company faces risks from raw material price fluctuations, particularly in copper, lead, and aluminum, which could lead to substantial losses despite hedging strategies[59]. - Policy risks related to national industrial policies could significantly impact the demand for wire and cable products, influenced by changes in infrastructure planning and real estate policies[60]. - The company anticipates macroeconomic downturn risks that may affect market demand[61]. Corporate Governance and Compliance - There are no significant litigation or arbitration matters reported during the reporting period[88]. - The company and its controlling shareholders have adhered to laws and regulations, maintaining integrity without any significant debts due[88]. - The total number of shares and capital structure of the company has not changed during the reporting period[90].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,816,070,541.74, representing a year-on-year increase of 25.60%[4] - The net profit attributable to shareholders was ¥278,336,008.50, with a slight increase of 0.16% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥277,423,497.86, reflecting a year-on-year increase of 0.76%[4] - The company achieved a main business revenue of RMB 1.811 billion in Q1 2022, representing a year-on-year growth of 25.30%[13] - The net profit attributable to shareholders for the same period was RMB 278 million, with a slight year-on-year increase of 0.16% and a quarter-on-quarter increase of 22.47%[13] - Total operating revenue for Q1 2022 was RMB 1,816,070,541.74, an increase of 25.5% from RMB 1,445,926,477.03 in Q1 2021[19] - Net profit for Q1 2022 was RMB 278,348,645.49, a slight increase from RMB 277,892,148.04 in Q1 2021[20] - Basic earnings per share for Q1 2022 was RMB 0.40, compared to RMB 0.42 in Q1 2021[21] - Total comprehensive income for Q1 2022 was RMB 316,825,868.19, slightly down from RMB 318,543,365.99 in Q1 2021[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥844,093,061.52, indicating a significant cash outflow[5] - The company's cash flow from operating activities showed a significant negative figure due to delayed customer payments caused by domestic pandemic impacts, leading to an increase in accounts receivable[13] - Cash inflow from operating activities in Q1 2022 was RMB 1,097,982,365.77, down from RMB 1,435,055,083.05 in Q1 2021[22] - The net cash flow from operating activities was -$844,093,061.52, a significant decrease compared to $16,501,529.57 in the previous year[24] - Total cash outflow from operating activities amounted to $1,942,075,427.29, up from $1,418,553,553.48 year-over-year[24] - The company reported a significant increase in cash paid for operating activities, totaling $231,416,882.32, compared to $127,354,830.04 in the previous year[24] - The ending cash and cash equivalents balance was $808,912,959.82, down from $869,627,350.19 in the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,725,744,411.87, an increase of 4.08% from the end of the previous year[5] - Current liabilities totaled RMB 3.218 billion, a decrease from RMB 3.413 billion in the previous year[18] - The company’s inventory stood at RMB 1.480 billion, slightly down from RMB 1.518 billion year-on-year[14] - The total equity attributable to shareholders increased to RMB 5.198 billion from RMB 4.882 billion in the previous year[18] Expenses and Investments - The company reported a 53.07% increase in selling expenses, driven by market expansion efforts[7] - Total operating costs for Q1 2022 were RMB 1,440,534,539.72, up 29.2% from RMB 1,114,593,990.51 in Q1 2021[19] - Research and development expenses for Q1 2022 were RMB 54,497,254.55, an increase from RMB 48,410,418.47 in Q1 2021[19] - Financial expenses for Q1 2022 were RMB 1,233,163.59, significantly higher than RMB 537,922.21 in Q1 2021[19] - Investment loss for Q1 2022 was RMB -917,234.51, worsening from RMB -450,491.04 in Q1 2021[19] Shareholder Information - The company’s major shareholder, Ningbo Dongfang Group Co., Ltd., holds 31.63% of the shares, with 11,000,000 shares pledged[10] Order Backlog - As of the end of the reporting period, the company had a backlog of orders totaling RMB 9.187 billion, with RMB 5.464 billion from submarine cable systems, RMB 2.884 billion from land cable systems, and RMB 839 million from marine engineering[13]

Financial Performance - The company achieved a net profit of ¥1,178,604,332.48 for the year 2021, with distributable profits available for shareholders amounting to ¥1,060,743,899.23[6] - A cash dividend of ¥3.50 per 10 shares (including tax) is proposed, totaling ¥240,700,378.80 to be distributed to shareholders[6] - As of December 31, 2021, the company's retained earnings stood at ¥2,218,769,216.80[6] - The total capital reserve balance as of December 31, 2021, was ¥1,306,803,336.89[6] - The company plans to maintain stable cash dividends to support long-term development and shareholder returns[6] - The company achieved operating revenue of 7.93 billion RMB in 2021, a year-on-year increase of 57.00%[21] - Net profit attributable to shareholders reached 1.19 billion RMB, up 33.98% compared to the previous year[22] - The net profit after deducting non-recurring gains and losses was 1.15 billion RMB, reflecting a growth of 39.44% year-on-year[22] - The net cash flow from operating activities was 586.15 million RMB, a decrease of 15.54% from the previous year[22] - The company's total assets at the end of 2021 were 8.38 billion RMB, an increase of 37.62% from 2020[20] - The net assets attributable to shareholders increased to 4.88 billion RMB, a growth of 56.13% year-on-year[20] - The basic earnings per share for 2021 was 1.81 RMB, representing a 33.09% increase from 2020[21] Revenue Breakdown - The marine cable system and marine engineering revenue reached 4.08 billion RMB, a significant increase of 69.54% year-on-year[28] - The land cable system revenue was 3.84 billion RMB, reflecting a growth of 46.02% compared to the previous year[28] - The company achieved a revenue of 7.932 billion yuan, representing a year-on-year growth of 57.00%[53] - The marine cable system revenue increased by 50.21%, while the land cable system revenue grew by 46.02%[58] Market Position and Recognition - The company was recognized as one of the "Top 10 Most Competitive Enterprises in Global Submarine Cables" and "Top 10 Most Competitive Enterprises in China's Cable Industry" in 2021[28] - The company ranked among the top 10 most competitive companies in the global submarine cable (energy sector) in 2021[33] - The global wire and cable market reached $335 billion in 2021, projected to grow to $426.8 billion by 2026, with a CAGR of 5%[34] - In China, the wire and cable industry sales revenue was 1.57 trillion yuan in 2021, with a year-on-year growth of 12.14%, and is expected to reach 1.65 trillion yuan in 2022, with a CAGR of 4.89% from 2020 to 2024[36] Innovation and Development - The company has successfully developed and industrialized the first domestic nylon 12 composite sheath cable and the first 10kV polypropylene insulated cable for high humidity and high salt mist environments[31] - The company has participated in 21 national major scientific research projects, enhancing its innovation capabilities[45] - The company has developed the world's first 500kV submarine cable and the first ±535kV DC submarine cable, marking significant technological advancements[46] - The company is committed to digital transformation, integrating information technology with advanced manufacturing to achieve high-quality development[51] Operational Efficiency and Management - The company has established a digital platform that enables real-time tracking of production processes, including remote online factory inspections and production plan tracking[32] - The company has implemented a strategic human resource allocation model, successfully attracting several high-end talents from both domestic and international markets[30] - The company has achieved a compliance supervision coverage rate of 100% in key operational management areas, with no significant internal control defects reported for the year[30] - The company has launched a series of new technology projects, successfully completing the acceptance of the first batch of 6 projects[30] Risk Management - The company has described potential risks in its management discussion and analysis section, emphasizing the importance of investor awareness[9] - The company faces risks from raw material price fluctuations, particularly in copper, lead, and aluminum, which could significantly impact profitability[123] - The company is also exposed to policy risks related to national industrial policies that could affect demand for cables[124] - The company recognizes the potential impact of macroeconomic downturns on market demand[125] Corporate Governance - The company is committed to ensuring the authenticity, accuracy, and completeness of its financial reports[4] - The audit report for the year was issued by Tianjian Accounting Firm, confirming a standard unqualified opinion[5] - The company held 2 shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and providing legal opinions to protect minority shareholders' rights[131] - The board of directors consists of 8 members, including 3 independent directors, complying with legal requirements[133] Sustainability and Social Responsibility - The company achieved a 100% compliance rate for wastewater discharge standards, with all wastewater monitoring results meeting the "Comprehensive Wastewater Discharge Standards"[182] - The company reported zero major safety incidents, zero occupational diseases, and zero environmental pollution events during the reporting period[181] - The company actively promotes energy-efficient products and practices, including reducing travel through video conferencing and using LED lighting[184] - A donation of 2 million yuan was made to support rural revitalization projects in the Beilun District, with specific allocations for various community initiatives[193]