SCS(SH:601555)2022-04-08 16:00Financial Performance - The company's operating revenue for 2021 was CNY 9,245,491,796.09, representing a 25.68% increase compared to CNY 7,356,492,441.10 in 2020[31]. - The net profit attributable to shareholders for 2021 was CNY 2,391,778,941.16, a 40.10% increase from CNY 1,707,245,952.72 in 2020[31]. - The net cash flow from operating activities for 2021 was CNY 9,627,918,540.40, a significant recovery from a negative cash flow of CNY -431,156,189.10 in 2020[31]. - The total assets at the end of 2021 were CNY 124,318,246,308.15, up 17.87% from CNY 105,474,550,200.92 at the end of 2020[31]. - The basic earnings per share for 2021 was CNY 0.59, reflecting a 34.09% increase from CNY 0.44 in 2020[32]. - The company's net capital at the end of the reporting period was CNY 26,734,610,318.37, an increase from CNY 19,590,074,763.47 at the end of the previous year[33]. - The company's operating profit for 2021 was ¥3,242,074,438.10, a 40.89% increase from ¥2,301,184,902.73 in 2020[39]. - The total equity attributable to shareholders increased by 33.16% to ¥37,125,623,796.60 in 2021 from ¥27,879,893,402.91 in 2020[39]. Capital Structure and Shareholder Information - The registered capital increased to 5,007,502,651 RMB from 3,880,518,908 RMB in the previous year, reflecting a significant growth in the company's financial base[12]. - The company completed a share placement in December 2021, issuing 1,126,983,743 shares, increasing total share capital to 5,007,502,651 shares[184]. - The largest shareholder, Suzhou International Development Group Co., Ltd., holds 1,192,387,065 shares, representing 23.81% of total shares, with 260 million shares pledged[186]. - The total number of ordinary shareholders as of the end of the reporting period was 123,192, down from 129,907 at the end of the previous month[185]. - The company has no strategic investors or general legal entities that became top 10 shareholders due to new share placements[191]. Risk Management - The company faces significant risks related to macroeconomic conditions, capital market fluctuations, and various operational risks, which could impact its performance[6]. - The risk coverage ratio improved to 328.18% in 2021 from 245.21% in 2020, indicating enhanced risk management[34]. - The liquidity coverage ratio increased to 314.15% in 2021, compared to 261.77% in 2020, demonstrating better liquidity management[34]. - The company recognizes various risks, including policy, market, credit, operational, and liquidity risks, which could impact its business operations[85][86][87][88]. - The company has a comprehensive operational risk management framework, including process optimization and decision-making authorization management[92]. Governance and Compliance - The audit report issued by Ernst & Young Huaming confirms the accuracy and completeness of the financial statements for the year[3]. - The company has maintained a stable governance structure, with all board members present at the board meeting[2]. - The company is committed to transparency, with all directors and senior management affirming the authenticity of the annual report[2]. - The company has not encountered any violations in decision-making procedures regarding external guarantees, reinforcing its compliance[5]. - The company has established a robust internal control system to ensure the reliability of financial reporting and prevent significant misstatement risks[138]. Dividend and Profit Distribution - The profit distribution plan for 2021 proposes a cash dividend of 1.68 RMB per 10 shares, totaling approximately 835 million RMB, which accounts for 58.49% of the parent company's distributable net profit and 34.90% of the consolidated net profit attributable to the parent[4]. - The company has implemented a share buyback amounting to 351 million CNY, which is considered as part of the cash dividend distribution, bringing the total proposed distribution to 1.186 billion CNY, or 49.57% of the net profit for the year[135]. Employee and Talent Development - The total number of employees in the parent company is 3,483, and the total number of employees in major subsidiaries is 628, resulting in a combined total of 4,111 employees[128]. - The company emphasizes a competitive and fair compensation policy, linking performance pay to overall company performance and individual assessments[129]. - The company has conducted 570 online training sessions and 90 live broadcasts in 2021, indicating a significant increase in employee training engagement[131]. - The company aims to enhance its talent development system in 2022, focusing on core leadership and professional talent cultivation[131]. Corporate Social Responsibility - The company donated a total of 55.26 million yuan in 2021 for public welfare and charity, contributing to poverty alleviation and rural revitalization efforts[151]. - The company established a rural revitalization development guiding fund with a total scale of 501 million yuan, leveraging investments to support rural industries[151]. - A donation of 1 million yuan was made to support poverty prevention initiatives in Tongren City, benefiting nearly 1,000 households at risk of falling back into poverty[154]. - The company has actively engaged in green finance initiatives, contributing to national carbon neutrality goals through its operations[149]. Technology and Innovation - The company launched the A5 trading system, achieving over tenfold improvement in core technical indicators compared to the previous generation[96]. - The total IT investment for the company in 2021 amounted to 326 million yuan, focusing on digital transformation projects[96]. - The company is focusing on digital transformation through technology investments, including the launch of a new proprietary trading app[56]. Market Expansion and Strategic Initiatives - The company is focusing on market expansion and enhancing its talent development mechanisms through a comprehensive human resources planning initiative[60]. - The company plans to establish a dual-center structure with a prominent Shanghai headquarters to support the integrated development of the Yangtze River Delta region[84]. - The company is considering strategic acquisitions to enhance its portfolio, with a budget of 500 million yuan earmarked for potential targets[104]. Legal and Regulatory Matters - There were no significant lawsuits or arbitration matters during the reporting period[162]. - The company is involved in ongoing litigation regarding securities false statements, with claims amounting to RMB 60 million[172]. - The company has a pending case involving Wuxi Zhongzhu Group with a loan principal balance of 269.26 million CNY and related legal fees[170].