TJ(SH:600667)2022-04-27 16:00Financial Performance - The net profit attributable to the parent company's shareholders for 2021 was ¥908,976,484.38, with a cumulative distributable profit of ¥412,231,495.01 by the end of 2021[6]. - The proposed cash dividend distribution is ¥1.70 per 10 shares, totaling ¥358,052,330.26, which accounts for 39.39% of the net profit attributable to the parent company[6]. - The company's operating revenue for 2021 was CNY 24,289,081,474.64, representing a 36.10% increase compared to CNY 17,846,280,755.90 in 2020[29]. - The net profit attributable to shareholders for 2021 was CNY 908,976,484.38, a 9.13% increase from CNY 832,923,911.54 in 2020[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 891,632,919.90, reflecting a 15.00% increase from CNY 775,354,750.75 in 2020[29]. - The company's cash flow from operating activities for 2021 was CNY 1,589,570,382.61, a decrease of 16.41% compared to CNY 1,901,724,077.39 in 2020[29]. - The total assets at the end of 2021 were CNY 25,056,148,714.70, an increase of 16.87% from CNY 21,439,026,119.05 at the end of 2020[29]. - The net assets attributable to shareholders at the end of 2021 were CNY 8,029,920,343.94, an increase of 8.20% from CNY 7,421,494,170.31 at the end of 2020[29]. - Basic earnings per share for 2021 were CNY 0.43, a 7.50% increase from CNY 0.40 in 2020[31]. Business Operations and Strategy - The company plans to continue its focus on semiconductor technology and related services, although specific new product developments were not detailed in the report[7]. - The company has not indicated any plans for stock buybacks or significant mergers and acquisitions in the near term[7]. - The company plans to continue expanding its engineering projects and enhance its market presence through new contracts and ongoing projects[31]. - The company is focusing on new energy strategies, forming a New Energy Command Center to enhance its market presence in photovoltaic and wind power sectors[51]. - The company aims to expand its market presence and explore new customer segments in the non-memory field while maintaining existing relationships in the memory sector[74]. - The company is exploring opportunities for mergers and acquisitions to enhance its market position[123]. - The company plans to invest in research and development for new solar technologies to improve efficiency[123]. - The company aims to increase its market share in the renewable energy sector through strategic partnerships and collaborations[123]. Risk Management - The company acknowledges risks related to macroeconomic changes, industry competition, and reliance on a single customer, as detailed in the management discussion and analysis section[8]. - There are no non-operating fund occupations by controlling shareholders or related parties[8]. Audit and Compliance - The company has received a standard unqualified audit report from the auditing firm Tianye[5]. - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[4]. Research and Development - Research and development expenses rose by 43.28% to ¥767,296,402.47, reflecting increased investment in R&D[95]. - The number of R&D personnel reached 3,448, making up 39.81% of the total workforce[107]. Industry Trends - The global semiconductor sales reached $555.9 billion, a year-on-year increase of 26.2%, with China's sales totaling $192.5 billion, up 27.1%[54]. - The integrated circuit industry in China reported a total sales revenue of 1,045.83 billion yuan in 2021, reflecting an 18.2% year-on-year growth[54]. - The photovoltaic industry is expected to experience explosive growth driven by advancements in storage technology and decreasing generation costs[59]. - The global photovoltaic market is expected to see an annual increase of 232 GW to 286 GW from 2022 to 2025, driven by carbon neutrality goals and clean energy transitions[193]. Project Development - The company has completed 7 projects during the reporting period, with a total amount of RMB 1,537,124.36 million[144]. - There are currently 32 ongoing projects, with a total investment amount of RMB 6,168,309.98 million[145]. - The company has several photovoltaic projects, including a 300MW project in Taishan, with an investment scale of RMB 54,001.73 million and ongoing construction[135]. - The company is developing a 100MW photovoltaic project in Sichuan, with a total investment of RMB 37,000.00 million and currently in the contract signing phase[141]. Financial Management - The company has authorized the use of idle funds for wealth management, with a maximum balance of 400,000,000 RMB, and achieved a total return of 6,500,000 RMB from wealth management products[171]. - The company transferred accounts receivable worth 88,034,200 USD to China Construction Bank, with a buyout fee of 4,060 USD[172]. Sustainability and Environmental Commitment - The company is committed to sustainability and is investing in renewable energy projects to align with global environmental standards[132].