NBYS(SH:600366)2022-04-06 16:00Financial Performance - The company's operating revenue for 2021 was CNY 3,753,956,786.41, representing a 56.47% increase compared to CNY 2,399,107,591.66 in 2020[25] - The net profit attributable to shareholders for 2021 was CNY 518,245,359.16, a significant increase of 191.55% from CNY 177,755,555.59 in 2020[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 355,667,898.13, up 426.44% from CNY 67,560,745.38 in 2020[25] - The company's total assets at the end of 2021 were CNY 7,283,530,163.98, a 21.25% increase from CNY 6,007,019,067.13 at the end of 2020[25] - The net assets attributable to shareholders increased by 10.77% to CNY 4,856,346,304.11 at the end of 2021, compared to CNY 4,384,201,859.94 at the end of 2020[25] - Basic earnings per share for 2021 were CNY 0.5325, reflecting a 190.67% increase from CNY 0.1832 in 2020[26] - The diluted earnings per share for 2021 were CNY 0.5304, up 189.52% from CNY 0.1832 in 2020[26] - The operating cost for the period was ¥2,782,146,260.36, reflecting a 47.14% increase from ¥1,890,804,024.67 year-on-year[53] Cash Flow and Management - The net cash flow from operating activities for 2021 was negative CNY 996,053,349.65, compared to negative CNY 21,128,018.96 in 2020[25] - The cash flow from operating activities showed a negative trend, with a cash outflow of -294,324,443.36 RMB in Q4[30] - The net cash flow from operating activities was -¥996,053,349.65, indicating a need for improved cash management strategies[56] Market and Sales Performance - The company achieved operating revenue of 3,753.96 million RMB, a year-on-year growth of 56.47%[43] - The company sold 70% of its stake in Beijing Shengci Technology Co., Ltd. to optimize its asset and business structure[43] - In the automotive sector, the company achieved sales revenue exceeding 700 million RMB, establishing itself as a mainstream supplier in the domestic and international markets[48] - In the consumer electronics sector, sales revenue surpassed 1 billion RMB, with a 30% increase in VCM business shipment volume, capturing approximately 30% of the global market share[48] - In the industrial application sector, sales revenue exceeded 1.5 billion RMB, benefiting from the "Motor Efficiency Improvement Plan (2021-2023)" and expanding into energy-saving motors and elevator traction machines[48] - The company exported 48,765.6 tons of rare earth permanent magnets in 2021, marking a 35.5% year-on-year increase and setting a historical record[44] Research and Development - The company applied for 11 invention patents and was granted 13 invention patents during the reporting period[43] - Research and development expenses increased by 60.56% to ¥230,872,997.12, compared to ¥143,790,331.97 in the previous year, indicating a strong focus on innovation[53] - The company has undertaken multiple national technology projects and has been involved in drafting 8 national standards, showcasing its industry-leading R&D capabilities[49] Strategic Initiatives - The company is focusing on product innovation and expanding market share in automotive, consumer electronics, and industrial applications[43] - The company plans to leverage the growing demand for energy-saving motors, with an expected annual production of high-efficiency energy-saving motors reaching 170 million kilowatts by 2023[44] - The company is actively expanding its customer base in non-traditional sectors such as wind power and energy-efficient appliances, achieving significant breakthroughs[52] - The company aims to enhance its core competitiveness in strategic emerging industries such as new energy vehicles and consumer electronics, focusing on high-end rare earth functional materials[84] Governance and Compliance - The company has implemented an internal control system to enhance governance and ensure compliance with regulatory requirements[93] - The board of directors consists of 7 members, including 3 independent directors with backgrounds in materials, law, and finance, ensuring compliance with legal requirements[93] - The company has established a robust investor relations management system to enhance communication with investors and protect their rights[93] - The company has not faced significant differences in governance compared to regulatory requirements, maintaining independence from its controlling shareholder[96] Environmental and Social Responsibility - The company invested approximately 11.69 million yuan in environmental protection, primarily for wastewater and solid waste disposal, achieving a 100% compliance rate in emissions[139] - The company has implemented a comprehensive environmental risk emergency response plan, ensuring efficient handling of potential pollution incidents[142] - The company has actively participated in community support activities, including the "Shared Rice Field" initiative and cultural events for employees' children[148] Shareholder Information - The total number of ordinary shareholders reached 91,548 by the end of the reporting period, an increase from 83,935 at the end of the previous month[194] - The largest shareholder, Yunsen Holdings Group Co., Ltd., holds 320,406,816 shares, representing 32.39% of the total shares[194] - The company approved a cash dividend of 1 yuan per 10 shares, totaling 97.18 million yuan, based on the total share capital of 971,813,660 shares[128]