Forever Opensource Software (BJ:834415)2022-04-27 16:00Business Development and Partnerships - The company signed a cooperation framework agreement with Baidu to develop and promote intelligent customer service solutions in the civil aviation sector[3]. - The company has expanded its business into government, automotive, and healthcare sectors, leveraging over 20 years of industry experience[49]. - The company has established partnerships with leading pharmaceutical enterprises, expanding its customer base and achieving breakthroughs in smart medicine, laying a foundation for multi-industry expansion strategies[71]. - The company aims to achieve digital transformation for airlines through the integration of big data, cloud computing, IoT, and AI technologies[51]. Financial Performance - The company's operating revenue for 2021 was CNY 195,891,316.33, a decrease of 9.97% compared to CNY 217,595,412.02 in 2020[32]. - The net profit attributable to shareholders for 2021 was CNY 22,674,673.54, representing a 9.92% increase from CNY 20,628,778.53 in 2020[32]. - The gross profit margin improved to 44.07% in 2021, up from 39.75% in 2020[32]. - The company's total revenue for the current period is ¥195,891,316.33, representing a decrease of 9.97% compared to ¥217,595,412.02 in the same period last year[86]. - The net profit for the current period is ¥22,685,459.05, which is an increase of 9.98% compared to ¥20,626,707.67 in the same period last year[87]. Research and Development - In 2021, the company obtained 7 national invention patents and 17 software copyright certificates[4]. - The company increased R&D investment significantly, resulting in notable advancements in the new generation of control systems, enhancing market competitiveness and domestic substitution capabilities[72]. - Total R&D expenditure amounted to ¥12,962,391.49, representing 6.62% of operating revenue, an increase from 5.03% in the previous period[125]. - The company plans to increase R&D expenses by 50% annually, focusing on new generation architecture products and aviation application products[153]. Risk Management - The company faces risks related to reliance on the aviation industry, which may affect sales and profitability[14]. - The company has established a risk management framework to address potential core technology leakage and market competition risks[14]. - The company recognizes the risk of losing core technical personnel, which could impact normal operations, and has established employee incentive plans to align employee development with company strategy[161]. - The company is aware of the potential impact of changes in industry policies on its business and is taking steps to minimize these effects[169]. Shareholder and Stock Management - The company distributed cash dividends totaling CNY 2,203,231.78, with a payout of CNY 0.16 per 10 shares[5]. - The company identified 66 core employees for stock option grants totaling 6,365,000 options to attract and retain talent[5]. - The stock option grant registration was completed on September 6, 2021, and the results were disclosed on September 8, 2021[195]. - The company has ongoing commitments from shareholders regarding the circulation restrictions of shares prior to issuance, established in July 2020[196]. Operational Efficiency - The company is focused on enhancing its operational efficiency and service quality through continuous improvement and innovation in its software and system integration services[62][63]. - The company has implemented strict measures to monitor project progress and accounts receivable collection, assigning dedicated personnel for follow-up[160]. - The company is committed to enhancing operational efficiency and governance structure to improve overall performance[151]. Market Outlook - The company expects total operating revenue of 215 million yuan in 2022, representing a growth rate of 10%[156]. - The projected net profit for 2022 is 29.21 million yuan, with a growth rate of 28.76%[156]. - The company recognizes the significant market potential in the civil aviation information technology sector, driven by policy support and rapid industry development[141]. Compliance and Governance - The company is committed to maintaining compliance with all regulatory requirements and ensuring the integrity of its financial reporting[197]. - The company has no significant litigation or arbitration cases pending during the reporting period[179]. - The company has no significant related party transactions during the reporting period[185].