Aerosun(SH:600501)2022-04-29 16:00Financial Performance - The company's operating revenue for 2021 was CNY 4,079,136,539.04, representing a 10.23% increase compared to CNY 3,700,453,733.77 in 2020[20] - The net profit attributable to shareholders for 2021 was CNY 66,448,307.75, a significant increase of 49.48% from CNY 44,452,639.08 in 2020[20] - The net profit after deducting non-recurring gains and losses was CNY 32,054,632.61, recovering from a loss of CNY 7,523,818.25 in 2020[20] - The total assets at the end of 2021 were CNY 5,904,733,350.73, reflecting a 13.99% increase from CNY 5,180,195,018.63 at the end of 2020[20] - The net assets attributable to shareholders increased by 2.51% to CNY 2,181,309,843.69 from CNY 2,127,929,052.44 at the end of 2020[20] - Basic earnings per share for 2021 were CNY 0.16, up 45.45% from CNY 0.11 in 2020[21] - Diluted earnings per share also stood at CNY 0.16, reflecting the same growth of 45.45% compared to CNY 0.11 in 2020[21] - The total profit for 2021 was 91.44 million RMB, a decrease of 3.99% compared to the previous year[29] - The operating cost for 2021 was approximately CNY 3.41 billion, which is an increase of 14.45% compared to the previous year[51] - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[112] Cash Flow and Investments - The net cash flow from operating activities decreased by 41.28% to CNY 295,740,033.99 from CNY 503,625,782.00 in 2020[20] - Cash flow from operating activities showed a significant recovery in Q4, with a net inflow of 945.86 million RMB[29] - The net cash flow from operating activities was negatively impacted by increased material procurement during the reporting period[52] - The net cash flow from operating activities was 295.74 million yuan, a decrease of 41.28% year-on-year[69] - The net cash flow from financing activities was 122.81 million yuan, a significant increase of 197.56%[69] Research and Development - The company completed 77 independent R&D projects, including key technologies that reached a leading level domestically[31] - The company completed 77 technology innovation projects in 2021, enhancing its core competitiveness[45] - The company has a total of 629 valid patents, including 97 invention patents, as of the end of 2021[46] - R&D expenses totaled 178.49 million yuan, a decrease of 3.57% compared to the previous year[62] - The total R&D investment accounted for 4.38% of the operating revenue[64] Market and Product Development - The company is focusing on expanding its smart manufacturing capabilities in the metal products and light industry sectors[29] - New products such as the "liquid helium storage container" filled a domestic gap, showcasing the company's innovation efforts[31] - The company achieved a contract fulfillment rate improvement of 20% year-on-year, delivering key projects such as the new off-road refueling vehicle and nitrogen-oxygen storage tank on schedule[32] - The company reported a civil product order value of 2.835 billion yuan, representing a year-on-year growth of 41.10%[32] - International operating revenue reached 337 million yuan, exceeding the annual target by 120%[32] Strategic Focus and Future Plans - The company plans to focus on the development of nuclear waste treatment equipment and non-standard complete sets of equipment in the nuclear industry[36] - The company aims to achieve a revenue target of 4.4 billion yuan in 2022, with a cost-to-revenue ratio of 98.07%[100] - The company plans to enhance its capabilities in intelligent manufacturing, targeting the light industry and metal processing sectors, and aims to develop advanced intelligent manufacturing equipment in line with national "14th Five-Year" development requirements[95] - The company is actively expanding its collaboration with major nuclear power operators, including China National Nuclear Corporation, China General Nuclear Power Group, and State Power Investment Corporation[98] - The company is committed to integrating information technology, intelligence, and systematization into traditional industries to improve competitiveness and promote sustainable development[97] Environmental Responsibility - The company has a comprehensive environmental monitoring system in place, ensuring wastewater and emissions meet regulatory standards[145] - Wastewater discharge from the company’s facilities has been monitored, with COD levels consistently below the regulatory limit of 500 mg/l[146] - The company’s air emissions are monitored in real-time, ensuring compliance with environmental standards for volatile organic compounds[147] - The company has established a hazardous waste storage point and contracts with qualified companies for the disposal of hazardous waste, including 9.2 tons of empty paint cans[153] - The company has implemented 11 energy-saving and environmental protection projects, enhancing pollution control and efficiency in emissions[164] Corporate Governance and Management - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 768.21 million CNY[111] - The company has established a long-term incentive mechanism to attract and retain talent, with the restricted stock incentive plan approved by the State-owned Assets Supervision and Administration Commission[138] - The performance evaluation mechanism for senior management is linked to profit completion, return on equity, and industry average salary levels, enhancing management accountability[140] - The internal control system has been improved, meeting the requirements of the Ministry of Finance and the China Securities Regulatory Commission, ensuring the protection of shareholder interests[141] - The company has implemented effective management control over subsidiaries, ensuring compliance with corporate governance standards and enhancing decision-making processes[141] Shareholder Information - The number of ordinary shareholders at the end of the reporting period is 46,618, an increase from 35,455 at the end of the previous month[186] - The major shareholder, China Aerospace Science and Industry Corporation, holds 106,160,000 shares, representing a significant portion of the company's equity[189] - Nanjing Morning Light Group Co., Ltd. is the second-largest shareholder with 89,633,772 shares, indicating strong institutional support[189] - The company has no strategic investors or general legal entities among the top 10 shareholders, indicating a focus on institutional and individual investors[190] - The actual controller of the company is the State-owned Assets Supervision and Administration Commission, ensuring state oversight[192]