RONGJI SOFTWARE(002474)2022-03-31 16:00Financial Performance - The company reported a total revenue of 622.2 million RMB for the year 2021, with a cash dividend of 0.10 RMB per 10 shares distributed to shareholders[6]. - The company's operating revenue for 2021 was ¥717,210,056.03, a decrease of 1.82% compared to ¥730,475,517.25 in 2020[23]. - The net profit attributable to shareholders for 2021 was ¥29,938,215.68, down 39.64% from ¥49,598,630.03 in 2020[23]. - The net profit after deducting non-recurring gains and losses was ¥11,821,380.15, a decrease of 43.49% from ¥20,920,322.09 in 2020[23]. - The net cash flow from operating activities was ¥64,217,756.88, down 11.09% from ¥72,224,578.63 in 2020[23]. - The basic earnings per share for 2021 was ¥0.0481, a decline of 39.65% compared to ¥0.0797 in 2020[23]. - The total assets at the end of 2021 were ¥2,914,840,484.16, an increase of 0.97% from ¥2,886,763,316.10 at the end of 2020[23]. - The net assets attributable to shareholders at the end of 2021 were ¥1,609,960,761.30, up 1.81% from ¥1,581,336,369.85 at the end of 2020[23]. - The company reported a total of ¥18,116,835.53 in non-recurring gains for 2021, compared to ¥28,678,307.94 in 2020[30]. - The company achieved a total revenue of 717.21 million yuan, a decrease of 1.82% compared to the previous year[57]. Business Strategy and Development - The company plans to expand its business in five key areas: e-government, collaborative management, information security, big data, and the Internet of Things[14]. - The company is actively involved in the development of smart technologies for various sectors, including smart supervision, smart logistics, and big data applications[15]. - The company emphasizes the importance of innovation in IT infrastructure and software as part of the national strategy for economic development[15]. - The company aims to leverage new technologies such as big data, blockchain, and artificial intelligence to drive continuous growth in its core business areas[39]. - The company is focusing on the judicial administrative sector, enhancing its information solutions to support the integration of various judicial functions and improve operational efficiency[50]. - The company is actively expanding its market in the "Internet + Government Services" sector, leveraging its nationwide marketing network to enhance service offerings[43]. - The company plans to enhance its core product and technology R&D investments to maintain industry-leading technical capabilities[120]. - The company aims to expand its revenue scale and improve profitability in key business areas such as cloud computing, big data, and smart city initiatives in 2022[119]. Research and Development - The company has developed the iTask mobile collaborative management platform to enhance remote office capabilities and improve organizational flexibility[15]. - The company focuses on industry application software development, system integration, and operation services, providing comprehensive professional services for various sectors including government, customs, energy, and judiciary[38]. - The company has developed over 50 proprietary software products in the field of government innovation, including systems for electronic documents, digital archives, and integrated management platforms[40]. - The company has launched over 20 proprietary government innovation products during the reporting period, enhancing its product offerings in digital archives and collaborative office systems[41]. - The company is investing 100 million RMB in R&D for new technologies in information security and management systems[146]. - The total R&D investment for 2021 was ¥105,159,518.80, a decrease of 2.48% from ¥107,835,471.49 in 2020, representing 14.66% of operating revenue[78]. - The number of R&D personnel increased by 1.92% to 425 in 2021, with R&D personnel now accounting for 47.60% of the total workforce[78]. Market Position and Competitive Advantage - The company is recognized as a leading service provider in the domestic electronic government and collaborative management sectors, with a strong focus on technological innovation and business model adaptation[38]. - The company has secured hundreds of government innovation project contracts across regions such as Fujian, Zhejiang, Henan, Shanghai, Hubei, and Jiangxi, enhancing its competitive position in the electronic government sector[42]. - The company has received multiple awards for its innovative solutions, including the "2021 Information Technology Application Innovation Solution Innovation Award" for its electronic document processing system[42]. - The company has established a comprehensive service system for the entire lifecycle of government innovation projects, covering various applications in public service and governance[40]. Financial Management and Governance - The company’s financial report has been audited and confirmed for accuracy by its accounting team[5]. - The company maintains a robust financial management system, ensuring independent financial decision-making and compliance with accounting standards[134]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a balanced governance structure[130]. - The company has established a comprehensive internal audit system to monitor compliance and operational efficiency[131]. - The company has a long-term commitment to not engage in insider trading or sensitive period trading by its directors and senior management[187]. - The company has established a compensation management system for senior management, ensuring accountability and performance evaluation[168]. Environmental Responsibility - The company has established a comprehensive environmental protection information system to support national environmental management efforts[15]. - The company has developed various environmental monitoring systems and participated in multiple national environmental monitoring projects, contributing to ecological protection efforts[47]. - The company did not face any administrative penalties related to environmental issues during the reporting period, indicating adherence to environmental regulations[181]. - The company has committed to using raised funds for new generation e-government application platforms and other main business areas[187]. Employee Engagement and Corporate Culture - The company emphasizes employee training, offering various programs to improve skills and management capabilities[165]. - The total remuneration for directors, supervisors, and senior management in 2021 amounted to 4.767 million yuan[150]. - The company has an employee stock ownership plan involving 379 employees, holding a total of 12,353,201 shares, which is 1.99% of the total share capital[169]. - The company reported a total distributable profit of ¥511,001,336.39 for the year 2021[167]. Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 10% to 1.32 billion RMB[144]. - The company is expanding its market presence, targeting a 25% increase in market share in the public sector by 2023[144]. - Strategic acquisitions are planned, with a focus on integrating smaller tech firms to enhance product offerings and capabilities[144]. - The management team emphasized the importance of enhancing customer service and support, aiming for a 30% improvement in customer satisfaction scores[147].