OIMEC(002819)2021-03-23 16:00Financial Performance - The company reported a total revenue of 159,463,156, with a cash dividend distribution of 0.6 yuan per 10 shares (including tax) for all shareholders[7]. - The company's operating revenue for 2020 was ¥1,129,966,213.42, representing a 9.73% increase compared to ¥1,029,812,066.93 in 2019[23]. - The net profit attributable to shareholders for 2020 was ¥55,044,402.33, a decrease of 1.90% from ¥56,112,519.16 in 2019[23]. - The company achieved total revenue of ¥1,129,966,213.42 in 2020, representing a year-on-year growth of 9.73%[70]. - The net profit attributable to shareholders was ¥55,044,402.33, a decrease of 1.90% compared to the previous year[70]. - Instrument sales revenue grew by 6.82% year-on-year, totaling ¥903,170,215.26[70]. - The instrument leasing business saw a significant increase in revenue, growing by 41.72% year-on-year to ¥69,199,789.85[70]. - The system integration segment experienced a revenue increase of 73.57%, reaching ¥41,950,003.47[70]. - The commercial factoring business revenue rose by 33.44% year-on-year[70]. - The bidding agency business revenue decreased by 9.11% due to the impact of the pandemic[70]. Governance and Compliance - The board of directors confirmed that all financial reports are true, accurate, and complete, ensuring accountability for any misleading statements or omissions[6]. - The company has established a robust governance structure, with all board members present for the report's approval[7]. - The company has appointed Zhihong Accounting Firm as its auditor, ensuring compliance with financial regulations[22]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period, indicating strong financial governance[167]. - The company has publicly stated that it will compensate investors for any losses incurred due to non-fulfillment of commitments, reinforcing its accountability[161]. Market Strategy and Development - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[6]. - The company is focusing on high-tech industries such as 5G, new energy vehicles, and advanced intelligent manufacturing for product research and development[39]. - The company aims to solidify its core business in instrument sales, which is its main source of revenue and cash flow, as part of its three-year strategic development plan from 2019 to 2021[121]. - The company plans to enhance operational efficiency and profitability through lean management and by increasing the proportion of value-added services such as instrument leasing and system integration[121]. - The company has established a professional merger and acquisition team to strengthen its external acquisition efforts, aiming to enhance sustainable development capabilities[122]. Risk Management - The company emphasizes the importance of risk awareness among investors regarding future plans and performance forecasts[7]. - The company aims to improve its comprehensive service capabilities and increase investment in instrument leasing and system integration to mitigate risks from declining customer demand[125]. - The company is expanding its self-operated leasing business to reduce reliance on instrument procurement due to supply chain risks from US-China trade tensions[125]. Research and Development - The company has increased its investment in research and development to meet complex testing application demands, which has positively impacted revenue and profitability[39]. - The company has developed 10 testing application solutions for the rapidly growing new energy vehicle industry, with some already commercialized[83]. - The company has developed 78 software copyrights for various testing application systems, including those for new energy vehicles and electromagnetic compatibility testing[49]. Financial Position - The company reported a total asset value of ¥1,066,541,854.58 at the end of 2020, which is a 4.15% increase from ¥1,024,091,293.70 at the end of 2019[23]. - The company's cash and cash equivalents at the end of the period were CNY 172,976,373.65, accounting for 16.22% of total assets[90]. - The proportion of accounts receivable increased by 1.63% to 15.07% of total assets, totaling CNY 160,708,671.39[90]. - The total amount of raised funds in 2016 was CNY 10,367.64 million, with CNY 949.95 million used in the current period and CNY 7,877.35 million used cumulatively[103]. Shareholder Relations - The company distributed cash dividends of RMB 9,567,789.36, which is 17.38% of the net profit attributable to ordinary shareholders for the year 2020[129]. - The company has committed to a profit distribution policy that ensures cash dividends will constitute at least 80% of the profit distribution during its mature development phase[133]. - The company has a long-term commitment to repurchase all newly issued shares at the issuance price plus interest if there are any false records or misleading statements in the prospectus[151]. Operational Efficiency - The company utilizes advanced IT systems, including ERP and CRM, to manage logistics, cash flow, and information flow, improving management efficiency[40]. - The company has enhanced its internal control management system to ensure healthy development[67]. - The company will utilize the OBS (Oriental Zhongke Business Management System) to improve overall operational and management efficiency[122]. Legal and Regulatory Matters - The company has not faced any major litigation or arbitration matters during the reporting period[197]. - There were no penalties or rectification situations reported during the period[198]. - The company has not undergone any bankruptcy reorganization during the reporting period[196].