EASTMONEY(SZ:300059)2022-03-18 16:00Dividend and Capital Plans - The company plans to distribute a cash dividend of 0.80 RMB per 10 shares to all shareholders, based on a total of 11,011,802,120 shares[5]. - The company has proposed a capital reserve conversion plan, offering 2 additional shares for every 10 shares held by shareholders[5]. - The company distributed a cash dividend of 0.60 RMB per 10 shares, totaling 516,788,189.46 RMB, and increased the share capital by 2 shares for every 10 shares held, resulting in a total share capital of 10,335,763,789 shares[168]. - The company plans to increase its total share capital to 13,214,162,544 shares by distributing 2 shares for every 10 shares held and paying a cash dividend of 0.80 RMB per 10 shares, totaling 880,944,169.60 RMB[171]. Financial Performance - Total revenue for 2021 reached ¥13.09 billion, a 58.94% increase compared to ¥8.24 billion in 2020[20]. - Net profit attributable to shareholders was ¥8.55 billion, reflecting a 79.00% growth from ¥4.78 billion in the previous year[20]. - The net cash flow from operating activities increased by 98.15% to ¥8.97 billion, up from ¥4.53 billion in 2020[20]. - Basic earnings per share rose to ¥0.83, a 72.92% increase from ¥0.48 in 2020[20]. - Total operating revenue for 2021 reached ¥13,094,320,648.24, a year-on-year increase of 58.94% compared to ¥8,238,557,108.92 in 2020[14]. - Revenue from financial e-commerce services increased by 71.23% to ¥5,072,507,947.30, making up 38.74% of total revenue[14]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB, representing a year-over-year growth of 25%[140]. Assets and Investments - Total assets at the end of 2021 were ¥185.02 billion, a 67.70% increase from ¥110.33 billion at the end of 2020[20]. - The total investment cash outflow surged to ¥19,342,860,102.43, a staggering increase of 1,024.38% compared to ¥1,720,307,448.04 in 2020[80]. - The company’s trading financial assets rose to ¥33,570,836,530.79, an increase of 6.53% from ¥12,831,853,398.85 in 2020[71]. - The total investment in the Jiading New City Center B16-1 project amounted to ¥956.42 million, with an actual investment of ¥2,593.82 million by the end of the reporting period, achieving 17.94% of the planned progress[82]. Research and Development - The company has developed a strong R&D team, focusing on optimizing its internet wealth management ecosystem[40]. - Research and development expenses surged by 91.33% to ¥723,971,197.23, reflecting increased investment in R&D[63]. - The number of R&D personnel increased to 2,094 in 2021, a growth of 14.87% compared to 1,823 in 2020[66]. - R&D investment amounted to ¥723,971,197.23 in 2021, representing 5.53% of total operating revenue, up from 4.59% in 2020[66]. Governance and Compliance - The financial report has been confirmed as true, accurate, and complete by the board of directors and management, ensuring accountability for any misrepresentation[4]. - The company has maintained its commitment to transparency by disclosing all relevant documents and announcements through designated channels[9]. - The company established a compliance director position and set up an internal control compliance department to oversee operational behaviors and ensure adherence to legal regulations[125]. - The company emphasized compliance with regulations and governance practices throughout the reporting period[158]. - The company has received high recognition from regulatory authorities and investors for its commitment to social responsibility and promoting healthy financial practices[126]. Risk Management and Strategic Development - The company is actively managing risks and has outlined strategies for future development in the management discussion section of the report[5]. - The report includes a comprehensive analysis of the company's performance and future outlook, emphasizing the importance of investor awareness regarding potential risks[5]. - The company recognizes risks related to capital market fluctuations and plans to strengthen its strategic investments and technological innovations to mitigate these risks[108]. - The company is aware of increasing industry competition and will focus on maintaining its core competitive advantages through continuous R&D investment[111]. Shareholder Engagement and Management Changes - The company held three shareholder meetings during the reporting period, with participation rates of 33.27%, 33.43%, and 33.75% respectively[129]. - The company experienced a change in management, with the resignation of key personnel including the General Manager and the CFO due to work adjustments[135]. - The company appointed Zheng Likun as the new General Manager on April 27, 2021, and Huang Jianhai as the CFO on the same date[136]. - The company’s board of directors saw the election of new members, including Zheng Likun and Huang Jianhai, during the annual shareholders' meeting on May 17, 2021[136]. Employee Development and Training - The company conducted 479 training sessions in 2021, covering 969 courses and training over 46,000 employees[166]. - The company’s employee training programs include various forms of learning activities aimed at developing management talent[166]. - The company has a performance-driven compensation policy, focusing on high-performance individuals and key positions to attract and retain talent[165]. Social Responsibility and Environmental Compliance - The company has actively engaged in social responsibility initiatives, including poverty alleviation and rural revitalization efforts[182]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[181]. - The company has not reported any major environmental protection issues or significant carbon emission reduction measures[181].