DZH(SH:601519)2022-04-14 16:00Financial Performance - The net profit attributable to shareholders for 2021 was RMB 16,049,531.09[6] - The total distributable profit for the parent company at the end of 2021 was RMB 2,199,528,096.41[6] - The company plans not to distribute profits or increase capital reserves for the year 2021[6] - The company achieved operating revenue of 818.66 million RMB in 2021, a year-on-year increase of 15.67% compared to 707.76 million RMB in 2020[31] - The net profit attributable to shareholders was 16.05 million RMB in 2021, a significant decrease of 77.86% from 72.48 million RMB in 2020[31] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.53 million RMB, down 88.22% from 63.93 million RMB in the previous year[31] - The company reported a net cash flow from operating activities of 151.41 million RMB, a turnaround from a negative cash flow of 21.97 million RMB in 2020[31] - The total assets increased by 17.85% to 2.33 billion RMB at the end of 2021, compared to 1.98 billion RMB at the end of 2020[31] Risk Management and Compliance - The report includes a detailed discussion of various risks faced during operations and corresponding countermeasures[8] - The company has confirmed no non-operating fund occupation by controlling shareholders or related parties[8] - The company has not faced any violations in decision-making procedures regarding external guarantees[8] - The company has maintained stable operations while continuously innovating in product development and service offerings[34] - The company is committed to strengthening risk control and compliance culture, enhancing internal control systems, and improving risk management capabilities[97] - The company's performance is highly correlated with the securities market; fluctuations may impact investor demand for financial information services, affecting overall business performance[98] Research and Development - The company has increased its R&D investment and implemented a restricted stock incentive plan, leading to a significant rise in costs and a decline in profits[31] - R&D expenses accounted for 23.70% of operating revenue, reflecting the company's commitment to technology development[46] - Total R&D investment reached ¥194,005,895.94, accounting for 23.70% of operating revenue[64] - The company employed 1,127 R&D personnel, representing 69.83% of the total workforce[65] - The company completed several key R&D projects, including the "Big Wisdom Market Service System" and "Financial Investment Risk Control Project" by the end of the reporting period[68] Market Position and Strategy - The company is positioned as a leading provider of internet financial information services, focusing on securities information services, big data services, and overseas business[43] - The company has established subsidiaries in major Asian financial centers, including Hong Kong, Singapore, and Tokyo, indicating a forward-looking international strategy[45] - The company aims to strengthen its market competitiveness by focusing on its core business and enhancing the "Hui Operation Series Products" for institutional clients[93] - The company is committed to building a first-class international financial service provider, focusing on both pandemic control and business development[92] - The company is expanding its data sources and enhancing its product system, focusing on AI, machine learning, and big data to create a top-tier intelligent data center[94] Corporate Governance - The board of directors and senior management have guaranteed the authenticity and completeness of the annual report[4] - The company has conducted 1 annual and 3 temporary shareholder meetings, ensuring compliance with legal and regulatory requirements[105] - The company emphasizes investor relations management, actively engaging with investors through various platforms to build trust and enhance market image[105] - The company's board of directors includes experienced professionals with backgrounds in finance, investment, and management, enhancing its strategic decision-making capabilities[114] - The company has established a strict authorization management system for subsidiaries, ensuring compliance with group policies[151] Social Responsibility - The company has contributed to social responsibility initiatives, including donations to schools in remote areas to support information technology education[37] - The company has successfully fulfilled its social responsibility by helping 27 impoverished families in Shanghai's Pudong New Area fulfill their "micro-wishes"[158] - The company donated equipment resources to Chongqing's Zhong County Shuanggui Town Junior High School, establishing an "Love Education Classroom" to support rural revitalization efforts[161] Financial Management - Cash and cash equivalents at the end of the period reached ¥1,616,303,015.29, accounting for 69.42% of total assets, a 46.00% increase compared to the previous period[79] - The company has zero capitalized R&D investment, indicating a focus on immediate R&D expenses rather than long-term asset creation[64] - The company has confirmed that all procedures for entrusted wealth management have been legally followed[188] - The company has not reported any impairment provisions for entrusted wealth management or loans[191] - The company has not engaged in any significant contracts that would impact investor decisions[191]