MXEP(SH:600101)2022-03-30 16:00Financial Performance - In 2021, the company achieved operating revenue of CNY 1,928,058,091.49, representing a year-on-year increase of 15.58% compared to CNY 1,668,225,827.41 in 2020[24] - The net profit attributable to shareholders of the listed company for 2021 was CNY 123,275,806.74, a significant increase of 76.06% from CNY 70,020,114.25 in 2020[24] - The net profit after deducting non-recurring gains and losses was CNY 118,381,337.78, up 88.68% from CNY 62,742,802.35 in the previous year[24] - The cash flow from operating activities for 2021 was CNY 217,318,617.65, an increase of 31.50% compared to CNY 165,258,081.52 in 2020[24] - Basic earnings per share increased by 76.10% to CNY 0.2925 compared to the previous year[25] - The weighted average return on equity rose by 2.03 percentage points to 4.98% compared to the previous year[25] - The company's operating revenue reached 1.93 billion RMB, a year-on-year increase of 15.58%[49] - Net profit attributable to shareholders was 123.28 million RMB, up 76.06% compared to the previous year[49] - The company's total operating revenue reached ¥1,913,534,047.15, an increase of 15.83% year-over-year, with a gross margin of 11.06%, up by 2.05 percentage points[58] - The company reported a net profit margin of 12% for 2021, reflecting improved cost management and operational efficiency[151] Operational Efficiency - The company proposed a cash dividend of CNY 0.80 per 10 shares, amounting to a total distribution of CNY 33,714,613.60, with a cash dividend payout ratio of 27.35%[5] - The company does not plan to issue new shares or convert capital reserves into shares for the 2021 fiscal year[5] - The company completed the construction of 5 charging stations, serving over 20,000 charging customers[36] - The company implemented 115 quality improvement measures, enhancing operational efficiency[36] - The company successfully completed 62 major supply guarantee tasks, maintaining a zero-accident record for nine consecutive years[35] - The company implemented 61 measures to optimize the business environment, enhancing service quality and operational efficiency[46] - The hotline service upgrade led to a cashless payment rate of 95.72%[46] - The company achieved a 33.61% year-on-year increase in electricity sales and a 7.77% increase in water sales, reinforcing its core competitiveness[95] Market Position and Growth - The company has a 100% market share in the electricity supply market and over 90% in the water supply market within its service area[41] - The contribution rate of the company's industrial sector profits exceeded 40%, indicating strong progress in transformation[36] - The company plans to expand its comprehensive energy service business, leveraging opportunities from local government initiatives to attract investment[48] - The company is actively seeking new growth opportunities in competitive markets while gradually exiting less profitable sectors[110] - The company aims to expand its market presence in the energy service sector, focusing on smart operation and maintenance services[115] - The company is expanding its market presence, targeting new regions in Sichuan province, with plans to open three new service centers by mid-2022[150] Research and Development - Research and development expenses surged by 119.77% to 228,565.37 RMB, reflecting increased investment in private cloud control research[51] - The total amount of research and development investment was ¥5,737,321.06, accounting for 0.30% of operating revenue, with 96.02% of this investment capitalized[73] - Research and development investments increased by 20% in 2021, totaling 100 million, aimed at advancing technology in energy management systems[150] - The company employed 52 R&D personnel, representing 3.12% of the total workforce, with a focus on enhancing digital capabilities and data integration[74] Social Responsibility and Environmental Initiatives - The company is committed to social responsibility, focusing on local public welfare and environmental protection initiatives[142] - The company has been recognized as a provincial-level A-rated taxpayer, reflecting its commitment to corporate social responsibility[192] - The company implemented measures to reduce carbon emissions, including the operation of 5 centralized DC charging stations with 47 charging terminals and achieving an electricity substitution of 32.65 million kWh[191] - The company actively engaged in environmental protection, ensuring compliance with national pollution discharge standards and implementing effective waste management practices[186] - The company constructed and put into operation 5 charging stations as part of its green energy initiatives[198] Governance and Management - The company is committed to maintaining a high standard of governance, ensuring independent operations from its controlling shareholder[140] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[141] - The company has established a transparent performance evaluation system for senior management, linking compensation to performance outcomes[142] - The company has implemented strict management of related party transactions in compliance with relevant regulations[143] - The company has maintained a stable shareholding structure with no significant changes reported during the period[147] Future Outlook - For 2022, the company plans to achieve electricity sales of 3,950 million kWh and operating revenue of 2,127.82 million yuan[127] - The company provided guidance for 2022, projecting revenue growth of 10% to 12%, aiming for a target of 1.32 billion to 1.344 billion[150] - New product launches are expected to contribute an additional 200 million in revenue in 2022, focusing on innovative solutions in the energy sector[151] - The company plans to implement new sustainability initiatives, aiming for a 30% reduction in carbon emissions by 2025[151]