SPM(SH:600459)2022-04-14 16:00Financial Performance - The total profit for 2021 reached ¥495,075,827.88, with a net profit of ¥431,357,265.30, and the net profit attributable to shareholders was ¥387,126,015.67[4] - The company's operating revenue for 2021 was CNY 36,350,909,185.80, representing a year-on-year increase of 25.67% compared to CNY 28,926,477,766.67 in 2020[18] - The net profit attributable to shareholders for 2021 was CNY 387,126,015.67, an increase of 18.71% from CNY 326,123,108.71 in 2020[21] - The total profit amounted to ¥495,075,827.88, which is a 19.88% increase compared to ¥412,967,261.55 in the previous year[42] - The net profit reached ¥431,357,265.30, marking an 18.51% increase from ¥363,989,024.03 in the previous year[42] - The basic earnings per share for 2021 was CNY 0.68, a decrease of 9.33% from CNY 0.75 in 2020[18] - The weighted average return on equity for 2021 was 10.84%, an increase of 1.02 percentage points from 9.82% in 2020[18] Dividend Distribution - The company plans to distribute a cash dividend of ¥2.00 per 10 shares (before tax), totaling ¥118,231,356, which represents 30.54% of the net profit attributable to shareholders for 2021[4] - The board of directors has approved the profit distribution plan, which is subject to the approval of the shareholders' meeting[4] Audit and Compliance - The company has received a standard unqualified audit report from the accounting firm Xin Yong Zhong He[4] - The board of directors and supervisory board members have guaranteed the authenticity, accuracy, and completeness of the annual report[4] - The company has confirmed that there are no violations of decision-making procedures for external guarantees[4] - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[4] Risk Management - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[4] - The company has detailed the risks it faces in the management discussion and analysis section of the report[4] - The company recognizes the risk of precious metal price fluctuations, which can impact liquidity and operational performance[108] - The company faces market risks related to demand fluctuations in downstream industries affected by macroeconomic conditions[110] Research and Development - The company has invested in R&D, with research expenses amounting to ¥230,694,276.42, a 26.18% increase from the previous year[43] - Total R&D expenditure amounted to ¥719,423,868.29, representing 1.98% of operating revenue[63] - The company is currently working on 60 various technology projects, with a total investment of 232 million yuan, including 55 million yuan from government funding[67] Environmental Compliance - The company operates as a key pollutant discharge unit, with specific subsidiaries identified in the environmental protection department's records[171] - The total emissions of particulate matter in 2021 amounted to 3.401 tons, with a concentration range of 3.9-22.2 mg/m³, compliant with the relevant standards[177] - The total emissions of sulfur dioxide in 2021 were 0.034 tons, with a concentration range of 1.5-3 mg/m³, also meeting the required standards[177] - The company has implemented pollution prevention facilities that are designed and constructed simultaneously with the main projects, ensuring operational efficiency[188] - The company has established emergency response plans for environmental incidents, which are filed with local environmental authorities[190] Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[116] - The company has established three specialized committees under the board: Strategy/Investment Development Committee, Compensation/Human Resources Committee, and Finance/Audit Committee, which support scientific decision-making[116] - The company adheres to strict information disclosure practices, ensuring transparency and equal access to information for all shareholders[116] - The company has established a robust relationship with its controlling shareholder, ensuring independence in decision-making and operations[113] Market Expansion and Strategy - The company aims to achieve a revenue target of 45 billion in 2022, focusing on high-quality development in the precious metals new materials industry[104] - The company plans to enhance its independent supply capabilities and promote key core technology breakthroughs to address industry bottlenecks, aiming for domestic substitution of critical materials[103] - The company is focusing on expanding its applications in environmental protection, new energy, and medical health sectors, leveraging the unique properties of precious metals[83] Employee Development - The company has implemented a long-term incentive mechanism, issuing 22.136 million restricted shares to 412 core employees, enhancing motivation and creativity[32] - The company has a training plan focusing on professional technical talents, management talents, and skilled operational talents, enhancing employee qualifications[159] - The total number of employees in the parent company and major subsidiaries is 1,503, with 626 production personnel, 98 sales personnel, and 447 technical personnel[154] Shareholder Engagement - The company held a total of four shareholder meetings in 2021, with the second meeting on August 31 having 14 attendees representing 247,681,304 shares, accounting for 43.5276% of the total share capital[125] - The company passed all 14 resolutions presented at the shareholder meetings throughout 2021[125] - The company has established a platform for investor communication to foster long-term relationships and trust with shareholders[119]