Financial Performance - The company achieved operating revenue of CNY 44.48 billion, a year-on-year increase of 51.20%[88]. - The company's revenue for 2021 reached approximately ¥44.48 billion, representing a 51.20% increase compared to ¥29.42 billion in 2020[18]. - Net profit attributable to shareholders was approximately ¥1.80 billion, a 46.77% increase from ¥1.23 billion in the previous year[18]. - The net profit after deducting non-recurring gains and losses was approximately ¥1.55 billion, reflecting a 39.16% increase from ¥1.11 billion in 2020[18]. - The company's total assets at the end of 2021 were approximately ¥63.54 billion, a 39.36% increase from ¥45.59 billion in 2020[18]. - The net assets attributable to shareholders increased to approximately ¥17.11 billion, a 13.47% rise from ¥15.08 billion in the previous year[18]. - Cash flow from operating activities was approximately ¥1.10 billion, showing a significant decrease of 63.37% compared to ¥2.99 billion in 2020[18]. - The company reported a total revenue of 3,224,072,680.00 RMB, with a net profit of 1,565,428,158.28 RMB, indicating a significant growth in financial performance compared to the previous period[73]. - Operating costs rose to CNY 38.19 billion, reflecting a year-on-year increase of 54.50%[88]. - The gross margin in the photovoltaic sector decreased by 2.24 percentage points to 13.80%[91]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 2.3 per 10 shares, totaling approximately RMB 498.55 million, which represents 27.63% of the net profit attributable to shareholders[4]. - The company’s cash dividend for the previous year was RMB 1.8 per 10 shares, totaling RMB 372,244,747.50, which was 30% of the net profit[174]. - The company has no significant investment plans or major cash expenditures that would affect its ability to distribute dividends[174]. - The company implemented a cash dividend policy prioritizing cash over stock dividends, with a commitment to stable and sustainable profit distribution[173]. Research and Development - The company achieved a total R&D investment of approximately ¥2.55 billion in 2021, representing a 56.89% increase from ¥1.63 billion in the previous year[59]. - Research and development expenses accounted for 5.74% of operating revenue, up by 0.2 percentage points from the previous year[19]. - The company invested a total of 2.555 billion CNY in R&D, with 362 new patent applications, including 141 invention patents, maintaining a leading position in the photovoltaic industry[28]. - The company has received the National Technology Invention Award for key technologies in low-cost crystalline silicon solar cell interface manufacturing[51]. - The company has established a strong research and development framework, focusing on new product development and process optimization to enhance operational efficiency[148]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its product offerings, including the development of new technologies such as PERC and TOPCon solar cells[17]. - The company aims to achieve a battery production capacity of 50 GW and a module production capacity of 65 GW by the end of 2022[134]. - The company is actively involved in the development of large-scale wind and solar bases, with over 500 million kilowatts planned in desert and barren areas, enhancing project development speed[33]. - The company is expanding its market presence through innovative product offerings and strategic technological advancements, positioning itself for future growth[77]. - The company is pursuing strategic partnerships and collaborations to bolster its market position and drive growth in emerging sectors[148]. Corporate Governance - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[3]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[6]. - The company has not experienced any violations of decision-making procedures regarding external guarantees[6]. - The company has not reported any special arrangements for corporate governance[6]. - The company’s board includes independent directors who contribute to governance and oversight, ensuring compliance and accountability[151]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with specific pollutant discharge standards established for its production facilities[188]. - The total discharge of COD from the company's facilities was 207.38 tons, with a discharge concentration of 119 mg/l, which is below the standard limit of 150 mg/l[189]. - The company has committed to environmental and social responsibilities, ensuring compliance with relevant laws and regulations[187]. - The company has established two wastewater treatment stations in the Southeast plant area, with a design capacity of 4,000 m³/d each for WCM and CM wastewater stations[191]. Technological Innovation - The company is committed to technological innovation in high-efficiency solar cells and large-power modules, focusing on both cutting-edge research and mass production technology[45]. - The company has developed intelligent photovoltaic solutions for large-scale power plants, integrating high-efficiency components and smart tracking brackets to optimize energy generation[32]. - The company has established a comprehensive energy efficiency management platform, which has been piloted in industries such as steel and cement, focusing on energy data collection and analysis[17]. - The company has developed a low-cost, low-code smart energy gateway with wireless communication capabilities, currently in pilot testing[19]. Risk Management - The company faces risks related to raw material price fluctuations, particularly in silicon materials, which could impact costs and profitability[82]. - The company faces risks related to accounts receivable growth, which may impact turnover rates and lead to potential bad debts[83]. - The photovoltaic industry is experiencing intensified competition, with increased production capacity and price reductions posing risks to profitability[84]. - Future uncertainties related to the COVID-19 pandemic may impact the company's operations and performance[86].