FII(SH:601138)2022-03-22 16:00Financial Performance - The company's total revenue for 2021 reached RMB 439.557 billion, with a net profit attributable to shareholders of RMB 20.010 billion, both hitting historical highs[2]. - The company's operating revenue for the period reached ¥439,557,195 thousand, representing a year-on-year increase of 1.80%[58]. - The company achieved a revenue of 100 billion CNY, representing a year-over-year growth of 15%[16]. - The company projects a revenue growth of 10% for the next fiscal year, targeting 110 billion CNY[16]. - The net profit attributable to shareholders reached RMB 20.010 billion, up 14.80% year-on-year[31]. - The company's operating revenue for 2020 was CNY 431.79 billion, representing a year-on-year increase of 1.80% compared to CNY 408.70 billion in 2019[24]. - The net profit attributable to shareholders for 2020 was CNY 17.43 billion, a decrease of 6.30% from CNY 18.61 billion in 2019[24]. - The company maintained a steady improvement in overall gross margin despite rising production costs in 2021[31]. Research and Development - The company is investing 2 billion CNY in research and development for new technologies, including AI and IoT[16]. - The company invested 10.835 billion yuan in R&D in 2021, a year-on-year increase of 7.94%, with over 25,000 R&D personnel[53]. - The company has 5,504 valid patent applications and authorizations, with a 33.4% increase in patent authorizations compared to the previous year[53]. - The company is committed to enhancing its research and development capabilities to support innovation and competitiveness in the industry[1]. - The company is increasing its R&D investment to adapt to rapid technological changes in the electronics industry and maintain its competitive edge[95]. Market Expansion and Strategy - The company plans to continue expanding into the semiconductor and new energy vehicle industries, utilizing its supply chain integration advantages and leading manufacturing technologies[5]. - Market expansion efforts are focused on Southeast Asia, with a target of capturing 15% market share by 2023[16]. - The company aims to improve operational efficiency by 10% through digital transformation initiatives[16]. - The company plans to continue expanding its market presence and invest in new technologies and products to drive future growth[1]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of 3 billion CNY allocated for this purpose[16]. Environmental Commitment - The company emphasizes the importance of green manufacturing, aiming for high-tech, low-resource consumption, and minimal environmental pollution in its production processes[6]. - The company is committed to achieving its dual carbon goals while encouraging its supply chain partners to meet similar targets[6]. - The company aims to achieve carbon neutrality through a comprehensive energy management system and plans to increase the proportion of clean energy to 100%[57]. - The company has implemented measures to reduce carbon emissions and has actively participated in environmental awareness activities[162]. - The company has received green credit ratings for its subsidiaries, indicating the highest level of environmental integrity[159]. Corporate Governance and Management - The company has established a robust talent cultivation mechanism to enhance employee engagement and loyalty[56]. - The company has established rules and regulations to enhance management levels, including those for independent directors and board secretaries[102]. - The board of directors has set up four specialized committees to assist in strategic decision-making, nomination, compensation and assessment, and auditing[102]. - The company has implemented measures to ensure the independence of its assets, personnel, and operations, with no reported conflicts of interest[102]. - The company has established a management system for financial and structured deposit business to ensure the safety of funds and assets[123]. Social Responsibility - The company donated 100 million CNY for disaster relief following severe flooding in July 2021, demonstrating its commitment to social responsibility[169]. - The company donated a total of 302,000 RMB in educational resources to improve education in impoverished areas, including computers and teaching materials[173]. - The company provided 62,600 RMB in various assistance funds to help families in need, contributing to the consolidation of poverty alleviation results[173]. - The company plans to continue its efforts in rural revitalization and poverty alleviation in 2022, aiming for more significant results and sustainable outcomes[174]. - The company has established a CSR Committee to oversee its corporate social responsibility strategies and ensure alignment with the United Nations Sustainable Development Goals (SDGs)[168]. Technological Innovation - The company is actively pursuing technological and intellectual property advancements in GPU-related products and exploring the development of an "Industrial Metaverse"[4]. - The company is focused on digital economy sectors, covering five major categories, including cloud computing and 5G[31]. - The company’s advanced technology and quality products have secured long-term relationships with leading global brands, including Apple, Amazon, and Cisco[55]. - The company aims to build a "metaverse" that supports the real economy, focusing on digital infrastructure and leveraging 5G and Wi-Fi6 technologies[91]. - The company has developed new products including modular computing and storage units, enhancing flexibility and reducing supply chain risks[43]. Financial Management - The company has maintained a strong cash flow from operating activities, with a net cash flow of CNY 7.69 billion in 2020, up 13.40% from CNY 6.44 billion in 2019[24]. - The company reported a net cash flow from operating activities of RMB 7.285 billion in Q1 2021[26]. - The total pre-tax remuneration for the chairman, Li Junqi, is CNY 534.87 million, while the total for the general manager, Zheng Hongmeng, is CNY 542.85 million[106]. - The total pre-tax remuneration for all directors, supervisors, and senior management during the reporting period amounted to RMB 28.9992 million[113]. - The company has established a comprehensive internal management and control system, including financial management and investment management for subsidiaries[103].