R&D and Innovation - The company was approved for the "Weihai Key Laboratory of Ventilation Machine Fluid Technology" in April 2021, enhancing its R&D capabilities[5] - The company’s self-developed products, including the JZL/ZF12.0-13 evaporative cooling axial flow fan, were included in multiple national energy-saving product directories in 2021[6] - The company has developed new technologies and products aimed at enhancing energy efficiency and reducing environmental impact[6] - The company plans to enhance its R&D capabilities by constructing a new R&D center and acquiring advanced equipment to improve product performance and development efficiency[137] - The company has developed key technologies for high-speed rail traction system cooling fans and other projects, enhancing its capabilities in high-end equipment fields[113] - The total number of patents owned by the company increased to 79 from 57 in the previous year[112] - The company’s R&D expenses for the last fiscal year were ¥5,281,883.11, a decrease from ¥5,619,658.31 in the previous year[44] - Research and development expenses accounted for 3.82% of total revenue, amounting to approximately ¥14.98 million, a slight increase of 5.61% year-on-year[85] Financial Performance - The company's operating revenue for 2021 was CNY 391,565,816.79, representing a 37.43% increase compared to CNY 284,919,652.08 in 2020[30] - The net profit attributable to shareholders for 2021 was CNY 45,771,938.12, an increase of 80.24% from CNY 25,394,750.06 in 2020[30] - The company's gross profit margin for 2021 was 29.66%, down from 31.57% in 2020[31] - The weighted average return on equity for 2021 was 17.13%, up from 10.40% in 2020[31] - The net cash flow from operating activities for 2021 was CNY 9,336,019.16, a decrease of 61.76% compared to CNY 24,417,096.37 in 2020[34] - The company's total liabilities at the end of 2021 were CNY 200,822,589.18, which is a 21.43% increase from CNY 165,382,556.24 at the beginning of the year[33] - The basic earnings per share for 2021 was CNY 0.73, representing a 73.81% increase from CNY 0.42 in 2020[31] - The company's total assets at the end of 2021 amounted to CNY 489,826,840.68, reflecting a 19.83% increase from CNY 408,754,869.62 at the beginning of the year[33] Market and Industry Trends - The company plans to expand its market presence and enhance its product offerings in the coming years[27] - The demand for new high-speed trains is estimated to be around 211 units annually over the next 15 years, leading to an expected total increase of approximately 3,165 units by 2035[57] - The wind power industry in China saw a significant increase in installed capacity, with 71.67 GW added in 2020, including 68.61 GW from onshore and 3.06 GW from offshore wind[61] - During the 14th Five-Year Plan, China plans to add 289 GW of onshore wind power and 24 GW of offshore wind power, translating to a demand for approximately 72,300 wind turbines and 81,300 cooling systems[62][63] - The global gas turbine market was valued at $22.54 billion in 2020, with a projected growth to $25.1 billion by 2023, driven by advancements in technology and environmental policies[66] - The cold chain logistics market in China is expected to exceed 411.7 billion CNY in 2021, with a demand volume of 30.2 million tons, reflecting a growth rate of over 13.9%[133] Risks and Challenges - The company faces risks related to macroeconomic slowdowns affecting customer demand, particularly in the rail transportation and new energy sectors[15] - The company’s reliance on major clients poses a risk, as any adverse changes in their operations could negatively impact the company's performance[16] - The company has a high concentration of clients, which could lead to increased risks if major clients reduce their orders[16] Corporate Governance and Shareholder Information - The company has a total of 213 shareholders, indicating a stable shareholder base[161] - The largest shareholder, Weihai Klate Group Co., Ltd., holds 32,936,000 shares, representing 51.95% of the total shares[163] - The total shares held by the top ten shareholders amount to 58,741,663, representing 92.65% of the total shares[166] - The actual controller of the company is the Shengcailiang family, which directly and indirectly controls 58.87% of the shares through Klete Group and Baiyi (Weihai) Equity Investment Center (Limited Partnership)[168] - The company has no related party relationships among the top ten shareholders[166] Employee and Management Information - The total number of employees increased from 398 to 411, with a net addition of 14 employees during the reporting period[199] - The number of production personnel increased from 207 to 219, reflecting a growth of 5.79%[199] - The company has 9 board members and 3 supervisory board members, with 4 senior management personnel[189] - The total shareholding of directors, supervisors, and senior management is 1,632,200 shares, representing 2.59% of total shares[193] - The company has established targeted training cooperation agreements with universities such as Shanghai Jiao Tong University to enhance the governance level of its senior management team[200] Environmental and Social Responsibility - The company was recognized as a "Green Manufacturing" enterprise by the Ministry of Industry and Information Technology in 2021, indicating its commitment to sustainable practices[7] - The company has set up air pollution control facilities with a processing capacity of 90,000 m³/h for particulate matter and 176,000 m³/h for volatile organic compounds[122] - The company donated a total of 400,000 yuan to educational foundations, including 100,000 yuan to Nanjing University of Aeronautics and Astronautics[118]
克莱特(831689) - 2021 Q4 - 年度财报(更正)