HZIS(SH:600126)2022-04-08 16:00Financial Performance - The net profit attributable to shareholders for 2021 was RMB 1,640,658,327.88, with the parent company achieving a net profit of RMB 1,012,898,582.47[4] - The company's operating revenue for 2021 reached ¥49,961,420,226.57, representing a 51.92% increase compared to ¥32,887,496,605.45 in 2020[17] - Net profit attributable to shareholders was ¥1,640,658,327.88, up 44.40% from ¥1,136,217,070.95 in the previous year[17] - The net profit after deducting non-recurring gains and losses was ¥1,530,000,843.87, a 36.56% increase from ¥1,120,388,546.86 in 2020[17] - The company's total assets increased by 5.08% to ¥29,263,454,318.80 at the end of 2021, compared to ¥27,849,860,643.77 at the end of 2020[17] - Basic earnings per share for 2021 were ¥0.49, reflecting a 44.12% increase from ¥0.34 in 2020[19] - The weighted average return on equity rose to 8.14%, an increase of 2.38 percentage points from 5.76% in 2020[19] - The company achieved an operating revenue of 49.961 billion yuan, a year-on-year increase of 51.92%, and a net profit attributable to shareholders of 1.641 billion yuan, up 44.40% year-on-year[24] Dividends and Profit Distribution - The total distributable profit for the parent company as of December 31, 2021, was RMB 934,605,107.28 after accounting for retained earnings and cash dividends[4] - The proposed cash dividend for 2021 is RMB 2.50 per 10 shares, totaling RMB 844,297,270.75, which represents 51.46% of the net profit attributable to shareholders[4] - The company did not plan to issue bonus shares or increase capital from surplus reserves for the 2021 fiscal year[4] Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[3] - The board of directors and management have confirmed the accuracy and completeness of the financial report[2] - There were no non-operating fund occupations by controlling shareholders or related parties reported[6] - The company has not violated decision-making procedures for external guarantees[6] Research and Development - Research and development expenses for the year amounted to 530 million yuan, a 15.39% increase compared to the previous year, with significant achievements in high-carbon tool steel product development and several awards received for innovation[24] - The company developed 21 new products in 2021, expanding new product volume to 524,400 tons and generating additional revenue of 39.3131 million yuan from these products, with high-quality specialty products accounting for 56.02% of total products[24] Environmental and Social Responsibility - The company reported a 26.3% decrease in particulate matter emissions and a 28.4% decrease in sulfur dioxide emissions compared to 2020[103] - The company completed 21 out of 28 ultra-low emission transformation projects, enhancing its environmental protection facilities[106] - The company maintained a 100% compliance rate for pollutant self-monitoring and supervision monitoring[103] - The company is committed to the "dual carbon" development strategy, aiming to become a green and low-carbon demonstration enterprise[112] Corporate Governance - The company held 2 shareholder meetings and 7 board meetings during the reporting period, ensuring compliance with decision-making processes and information disclosure requirements[73] - The company received an A rating for its 2021 information disclosure work from the Shanghai Stock Exchange, highlighting its commitment to transparency and investor relations[75] - The board consists of 9 members, including 3 independent directors, ensuring compliance with governance standards and enhancing decision-making rigor[75] - The company has established a complete business system and maintains independent operational capabilities, ensuring compliance with governance regulations[76] Financial Position and Assets - The company's total assets increased to approximately ¥29.26 billion, an increase from ¥27.85 billion in 2020, representing a growth of about 5.1%[158] - The company's cash and cash equivalents reached approximately ¥9.91 billion, up from ¥7.27 billion in the previous year, indicating a growth of approximately 36.0%[158] - The total liabilities of the company were approximately ¥8.71 billion, compared to ¥7.75 billion in the previous year, which is an increase of about 12.3%[160] - The company's total equity attributable to shareholders reached CNY 15,871,783,186.21, an increase from CNY 15,570,752,319.26 in 2020, showing a growth of 1.9%[164] Strategic Initiatives - The company is actively pursuing carbon neutrality initiatives, having developed a smart energy management platform and launched a carbon peak and carbon neutrality action plan[25] - The company aims to enhance competitiveness in the steel manufacturing industry while fostering the digital economy, particularly through investments in Internet Data Centers (IDC)[68] - The company plans to leverage its resources in both steel and digital economy sectors to optimize operational costs and enhance profitability[30] Legal and Regulatory Matters - The company faced a significant lawsuit regarding a sales contract dispute, with the court ruling in favor of the company, and the associated costs were borne by Hanggang Group as per their agreement[125] - The company has not reported any guarantees provided to shareholders, actual controllers, or related parties during the reporting period[139] - The company has not faced any delisting risks or bankruptcy restructuring issues during the reporting period[125]