AHHL(SH:600761)2022-03-11 16:00Financial Performance - In 2021, Anhui Heli achieved a record high in key performance indicators, including operating revenue and vehicle exports, marking a strong start to the "14th Five-Year Plan" period[6]. - The company achieved operating revenue of CNY 15.42 billion in 2021, a year-on-year increase of 20.47%[36]. - The net profit attributable to shareholders was CNY 633.94 million, representing a decrease of 13.40% compared to the previous year[36]. - The company sold 274,800 units of machinery, marking a 24.53% increase in sales volume year-on-year[52]. - The company’s total assets increased by 19.09% to CNY 11.64 billion by the end of 2021[36]. - The company’s cash flow from operating activities decreased by 29.78% to CNY 647.52 million[36]. - The basic earnings per share decreased by 13.13% to CNY 0.86[39]. - Operating costs amounted to 12.93 billion RMB, reflecting a year-on-year increase of 22.86%[105]. - The company’s net cash flow from operating activities decreased by 29.78% to 648 million RMB[109]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a 15% year-over-year growth[166]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 3.50 RMB per 10 shares, totaling approximately 259 million RMB, based on a total share capital of 740,180,802 shares as of the end of 2021[15]. - The company emphasizes green and low-carbon development, continuously creating wealth for shareholders through cash dividends and maintaining a strong commitment to corporate social responsibility[102]. - The company has a clear cash dividend policy that aligns with its articles of association, ensuring the protection of minority shareholders' rights[199]. - The company did not propose a cash profit distribution plan during the reporting period despite having positive distributable profits[199]. Growth and Market Expansion - Anhui Heli has experienced significant growth in forklift production, reaching over 30,000 units sold per month, compared to 10,000 units produced over three years in the past[7]. - The company is expanding its investment in high-end casting and deep processing manufacturing bases, enhancing the supply capacity of key components[63]. - The company plans to expand its market presence through investments in new projects, including establishing a joint venture in the Middle East[135]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[166]. - The company is pursuing the acquisition of land use rights and property from Youjiali Forklift (Anhui) Co., Ltd.[185]. Research and Development - The company launched the G2 series lithium battery special vehicles, which became a best-selling product during the reporting period[53]. - The company completed the R&D of 2-10 ton hydrogen fuel cell forklifts and plans to implement a market application plan for 200 units[53]. - The company obtained 584 patent authorizations in 2021, including 4 invention patents, and completed 70 technical research projects[55]. - Research and development expenses increased by 32.01% to 711 million RMB, primarily due to increased R&D investment[109]. - R&D investment for the year 2021 was CNY 712 million, focusing on new technologies such as lithium batteries and hydrogen energy[124]. - The company plans to focus on electric, systematic, and intelligent research and development during the "14th Five-Year Plan" period, aiming to build a new development ecosystem[145]. Corporate Governance and Compliance - Anhui Heli's board of directors and management have confirmed the accuracy and completeness of the annual report, ensuring no significant omissions or misleading statements[12]. - The company has maintained compliance with corporate governance regulations, ensuring effective checks and balances among the board, supervisory board, and management[152]. - The company has not reported any major discrepancies with the regulations set forth by the China Securities Regulatory Commission regarding corporate governance[152]. - The company has not engaged in any major investments or external guarantees that would compromise its operational independence[152]. - The company has not faced any penalties from securities regulatory agencies in the past three years[178]. Operational Efficiency and Innovation - The company emphasizes its focus on high-quality development, aiming to enhance its capabilities in electric, systematic, and intelligent solutions[9]. - The company is actively developing digital workshops and smart factories, aiming to establish a leading domestic and internationally advanced intelligent manufacturing system for industrial vehicles[101]. - The company has committed to enhancing operational efficiency through lean production and intelligent manufacturing to mitigate cost pressures[149]. - The company’s smart fleet management system integrates cloud computing and IoT technologies, providing users with efficient and safe fleet management solutions[89]. - The company’s smart logistics system utilizes advanced algorithms to enhance user productivity and management efficiency, with applications in various industries including home manufacturing and logistics[86]. Employee and Management Structure - The company employed a total of 8,427 staff members, with 3,515 in the parent company and 4,912 in major subsidiaries[196]. - The workforce includes 4,167 production personnel, 993 sales personnel, and 1,771 technical personnel[196]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 14.3071 million yuan[175]. - The company has maintained a stable leadership team with no significant turnover in key management positions during the reporting period[176]. - The company has established a competitive compensation management system, providing annual salary adjustments and promotion opportunities for outstanding employees[196]. Social Responsibility - The company actively engaged in corporate social responsibility, receiving awards for information disclosure and contributions to society[67]. - The company has no retired employees requiring financial support, indicating a focus on maintaining a stable workforce[196]. - The company is set to conduct various vocational skills training and educational programs for employees in 2022[199].