2021-03-30 16:00Financial Performance - The company's operating revenue for 2020 was CNY 18,941,312,104.14, representing a year-on-year increase of 33.49% compared to CNY 14,189,172,789.86 in 2019[21]. - The net profit attributable to shareholders for 2020 was CNY 2,130,516,797.52, an increase of 22.22% from CNY 1,743,126,526.72 in 2019[21]. - The basic earnings per share for 2020 was CNY 0.1557, reflecting a growth of 21.36% compared to CNY 0.1283 in 2019[22]. - The cash flow from operating activities for 2020 was CNY 9,894,472,553.28, up 15.5% from CNY 8,566,492,059.51 in 2019[21]. - The total assets at the end of 2020 were CNY 146,038,794,875.34, a 1.07% increase from CNY 144,494,117,837.27 at the end of 2019[21]. - The weighted average return on equity for 2020 was 10.16%, an increase of 1.15 percentage points from 9.01% in 2019[22]. - The company reported a total of CNY 167,609,172.61 in non-recurring gains and losses for 2020, compared to CNY 120,352,005.73 in 2019[29]. - The net profit for the fourth quarter of 2020 was CNY 458,480,480.41, with total revenue of CNY 6,233,510,376.14[27]. Dividend Policy - The company plans to distribute a cash dividend of 0.56 RMB per 10 shares, totaling approximately 645.6 million RMB for the year 2020[5]. - The company has a cash dividend policy that prioritizes cash dividends while ensuring sustainable development and reasonable returns to investors[117]. - The cash dividend distribution policy states that at least 10% of the distributable profits must be distributed in cash annually for the next three years[119]. - In the case of no significant cash expenditures, the cash dividend ratio should be at least 80% for mature companies without major investments[119]. - The company reported a net profit available for distribution to ordinary shareholders of 1.8 billion RMB in 2020, with a cash dividend payout ratio of 35.73%[121]. - The company has a history of increasing cash dividends, with previous distributions of 0.45 RMB per 10 shares in 2019 and 0.33 RMB in 2018[121]. Corporate Governance - The company reported a standard unqualified audit opinion from the accounting firm Xin Yong Zhong He[4]. - The company has a commitment to ensuring the accuracy and completeness of the financial report[5]. - The company has not faced any issues with a majority of directors being unable to guarantee the authenticity of the annual report[9]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has not proposed a cash profit distribution plan despite having positive distributable profits, which is not applicable in this case[122]. Risk Management - The company emphasizes the importance of investment risk awareness regarding forward-looking statements[6]. - The company strengthened its risk management framework in response to the COVID-19 pandemic, ensuring stable development across all business segments[45]. - The company will continue to improve its risk management systems and strengthen safety production measures[50]. - The company has established a risk monitoring and management system to address macroeconomic risks, credit risks, market risks, liquidity risks, and strategic risks[112]. Business Operations - The leasing business expanded with 10 pulp carrier vessels and 16 bulk carrier vessels leased in collaboration with COSCO Shipping[38]. - The container leasing business adapted to market changes, achieving good returns through innovative operational models and internal synergies[39]. - The company successfully introduced external strategic investors in its financing leasing segment, enhancing its competitive position[40]. - The container manufacturing segment focused on improving management capabilities and expanding into diverse markets, including environmental and medical logistics[41]. - The company aims to optimize its asset allocation and explore investment opportunities in transportation and technology innovation[49]. Environmental Responsibility - The company operates key pollutant discharge units, including three subsidiaries, with specific measures in place for waste gas and wastewater treatment[155]. - Total pollutant discharge control indicators include VOCs at 60.435 tons/year and wastewater at 22,800 tons/year, with specific limits for COD, SS, ammonia nitrogen, and total phosphorus[162]. - The company has established a total of 25 exhaust stacks for spray paint emissions and 20 for sandblasting emissions, ensuring compliance with environmental standards[160][161]. - Wastewater is treated and reused, with no external discharge from the production wastewater treatment station[164]. - The company has made significant investments in upgrading its water-based paint production line to meet environmental standards[177]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 327,302, a decrease from 329,032 at the end of the previous month[186]. - China Shipping Group Co., Ltd. holds 4,410,624,386 shares, representing 38.00% of the total share capital[190]. - The top ten shareholders collectively hold 4,458,195,175 shares, accounting for 38.41% of the total share capital[191]. - The company has no pledged, frozen, or entrusted shares during the reporting period[191]. - The actual controller of the company is the State-owned Assets Supervision and Administration Commission, holding 90% of the shares[195].