Public Offering and Share Capital - The company completed a public offering of 16.33 million shares at a price of 21.88 CNY per share, increasing the total share capital to 70.13 million shares[4]. - The company received approval from the China Securities Regulatory Commission for the public offering on September 24, 2021[4]. - The company transitioned from the selected layer to being listed on the Beijing Stock Exchange on November 15, 2021[4]. - The total number of shares increased from 53,800,000 to 70,130,000, reflecting a change of 16,330,000 shares[195]. - The proportion of unrestricted shares rose from 7.95% to 25.03%, while restricted shares decreased from 92.05% to 74.97%[194]. - The largest shareholder, Zhou Tong, holds 40,580,000 shares, representing 57.86% of the total shares[196]. - The company issued 1,633,000 new shares, including an over-allotment of 213,000 shares[195]. - The total number of shareholders increased to 13,501 during the reporting period[194]. Financial Performance - The company's operating revenue for 2021 was CNY 285,830,001.62, a decrease of 1.53% compared to CNY 290,284,490.10 in 2020[31]. - The net profit attributable to shareholders for 2021 was CNY 91,607,889.07, reflecting a slight decrease of 0.20% from CNY 91,790,201.02 in 2020[31]. - Total assets increased by 103.45% to CNY 812,482,037.65 in 2021, compared to CNY 399,342,861.04 in 2020[32]. - The company's total liabilities decreased by 35.76% to CNY 26,807,979.35 in 2021, down from CNY 41,733,609.67 in 2020[32]. - The weighted average return on equity for 2021 was 21.57%, down from 31.51% in 2020[31]. - The net cash flow from operating activities surged by 936.97% to CNY 109,360,834.78 in 2021, compared to CNY 10,546,234.58 in 2020[34]. - The company's gross profit margin for 2021 was 52.36%, slightly up from 52.24% in 2020[31]. - The company's net profit growth rate for 2021 was 5.21%, compared to a growth rate of 24.01% in 2020[35]. Risks and Dependencies - The company has a significant reliance on HBC for its business model, which poses risks due to potential changes in HBC's strategy or management[12]. - The company faces currency risk as it purchases equipment in euros while generating revenue in CNY, which could negatively impact future performance if the euro appreciates[13]. - The company has identified a risk of dependency on the German HBC company, which is its exclusive partner for wireless control equipment in the Greater China region[113]. - The company acknowledges risks associated with fundraising projects, including potential delays in realizing economic benefits, which may affect net profit growth compared to net asset growth[120][122]. Governance and Compliance - The company has established governance measures to mitigate risks associated with the actual controller's influence, as the controlling shareholder holds 57.86% of the shares[12]. - The company has implemented measures to mitigate risks associated with the actual controller's influence on corporate governance, including establishing a three-tier governance structure[113]. - The controlling shareholders and actual controllers commit not to interfere in the company's management activities or infringe on the company's interests[161]. - The company guarantees the authenticity, accuracy, and completeness of its public offering documents, assuming legal responsibility for any misstatements or omissions[178]. Market and Business Strategy - The company anticipates that the market demand for industrial wireless remote control devices will remain stable in the short to medium term[12]. - The company continues to optimize and integrate its dual-brand strategy with OHM and HBC, enhancing competitiveness in the domestic market[47]. - The company aims to maintain steady growth in its core business of industrial wireless control equipment while expanding into new markets and enhancing service levels[111]. - The company plans to establish an overseas sales center for the OHM brand to strengthen domestic competitiveness and actively explore international mid-range markets[109]. Research and Development - R&D expenditure for the period was CNY 11,265,494.96, accounting for 3.94% of operating revenue, compared to 3.82% in the previous period[91]. - The total number of patents owned by the company increased from 67 to 86 during the reporting period[94]. - The number of R&D personnel increased from 44 to 54, with R&D personnel accounting for 23.68% of total employees[93]. Legal Matters - The company is involved in ongoing litigation related to software infringement, which may impact its operations[130]. - The company is involved in a lawsuit regarding software copyright infringement, but it has not significantly impacted operations[131]. - The company is actively monitoring the progress of the ongoing lawsuit and will disclose information as necessary[131].
海希通讯(831305) - 2021 Q4 - 年度财报(更正)