TDG(SH:600330)2022-03-21 16:00Financial Performance - In 2021, the company achieved a net profit of RMB 112,727,113.71, with a statutory surplus reserve of RMB 11,272,711.37, resulting in a total distributable profit of RMB 310,379,461.34[3] - The board proposed a cash dividend of RMB 0.5 per 10 shares, totaling RMB 49,828,286.50, with remaining undistributed profits carried forward to the next year amounting to RMB 260,551,174.84[3] - The company's operating revenue for 2021 was ¥4,084,906,935.03, representing a 29.44% increase compared to ¥3,155,775,787.21 in 2020[18] - Net profit attributable to shareholders for 2021 was ¥415,010,752.62, an increase of 8.87% from ¥381,201,445.47 in 2020[18] - The net cash flow from operating activities reached ¥563,736,292.39 in 2021, a significant turnaround from a negative cash flow of ¥3,232,428.66 in 2020[18] - The basic earnings per share for 2021 was ¥0.420, up 8.25% from ¥0.388 in 2020[22] - The weighted average return on equity for 2021 was 8.53%, a slight decrease of 0.17 percentage points from 8.70% in 2020[22] - Total assets at the end of 2021 were ¥8,254,020,877.37, reflecting a 10.00% increase from ¥7,503,722,442.08 at the end of 2020[21] - The net profit after deducting non-recurring gains and losses was ¥291,773,677.02, a substantial increase of 94.80% compared to ¥149,780,783.91 in 2020[18] Research and Development - Research and development investment reached 25,547 million yuan, an increase of 47.32%, accounting for 6.25% of operating revenue[30] - The company applied for 51 new patents in 2021, including 16 PCT patents and 17 invention patents[60] - The company participated in the formulation of 2 international standards and 3 national standards during the reporting period[60] - The company employed 902 R&D personnel, accounting for 18.12% of the total workforce[78] - The company is focusing on the development of piezoelectric crystal materials, which are essential for smartphone filters, with stable demand expected to continue[109] Market Expansion and Strategy - The company is focusing on expanding into markets such as photovoltaic and wind power generation, electric and smart vehicles, next-generation communication technology, and consumer electronics[30] - The company plans to continue expanding its market presence and enhancing its product offerings in response to changing market demands[67] - The company is actively promoting the localization of semiconductor equipment, providing integrated production solutions for silicon wafer manufacturers[113] - The company plans to accelerate product development to capture new market opportunities and improve product gross margins in response to increasing market competition[116] Corporate Governance - All directors attended the board meeting, ensuring the authenticity and completeness of the annual report[3] - The company has established a comprehensive independent financial management system, ensuring financial independence from its controlling shareholders[123] - The company has maintained a stable shareholding structure, with no significant changes in shareholdings among key executives during the reporting period[130] - The company has been focusing on maintaining a robust governance framework to ensure effective decision-making and accountability[141] - The company has seen changes in its management team, including the resignation of former chairman Pan Jianqing[141] Environmental and Social Responsibility - The company has invested 2 million RMB in social welfare projects, including educational and charitable initiatives[182] - The company has established a community partnership with Zhejiang Sci-Tech University to foster talent development[182] - The company has committed to supporting 26 underdeveloped counties, focusing on industrial assistance, intellectual support, and employment guidance[183] - The company has been awarded the "National Advanced Private Enterprise in Employment and Social Security" title in 2021[179] Legal and Compliance - The company has no reported penalties from securities regulatory agencies in the past three years[144] - The company has maintained compliance with legal and regulatory requirements throughout the reporting period[200] - The company has not faced any legal actions that could impact its operations or financial standing[200] - The integrity status of the company and its controlling shareholders remains intact with no adverse situations reported[200] Investment and Financial Management - The total amount of equity investment by the company during the reporting period was RMB 362.01 million, an increase of RMB 25.14 million, or 7.46% compared to the same period last year[94] - The company has completed a total of RMB 62 million in investments in various technology companies, focusing on electronic materials and software development[94] - The company has committed to investing in multiple projects aimed at expanding its capabilities in high-performance materials and technology development[98] Employee Management - The company has implemented a diversified and wide-ranging compensation system, which includes basic salary, performance pay, and stock incentives, aimed at enhancing employee motivation and performance[155] - The company conducted various training programs to enhance management skills and operational efficiency among its employees[156] - The employee stock ownership plan was approved, allowing the acquisition of 13,768,519 shares at a price of 5.82 yuan per share, with a lock-up period of 12 months[161]