2022-03-30 16:00Financial Performance - The company achieved a net profit attributable to shareholders of 89.296 billion yuan in 2021, with a proposed cash dividend of 0.87 yuan per share, totaling 13.932 billion yuan, which is 15.6% of the net profit[5]. - The distributable profit for the parent company after accounting for previous losses and statutory reserves was 27.780 billion yuan, representing 50.15% of the available profit for distribution[5]. - The company achieved a net profit attributable to shareholders of RMB 89.30 billion in 2021, a year-on-year increase of 799.52%[23]. - Basic earnings per share reached RMB 5.59, up 801.61% compared to the previous year[22]. - Operating revenue for 2021 was RMB 333.69 billion, representing a 94.85% increase from 2020[23]. - The weighted average return on equity rose to 101.11%, an increase of 76.06 percentage points year-on-year[22]. - The company’s total assets at the end of 2021 were RMB 413.67 billion, a 52.13% increase from the previous year[23]. - The company’s cash flow from operating activities was RMB 170.95 billion, up 279.63% from 2020[23]. - The company’s net asset attributable to shareholders increased to RMB 133.09 billion, a 203.08% rise from the previous year[23]. - The gross profit margin for the container shipping business was 42.34%, reflecting a year-on-year increase of 31.87%[62]. - The EBIT (Earnings Before Interest and Taxes) for the container shipping business was RMB 80.000 billion, with an EBIT margin of 35.85%, up from 6.76% in the previous year[111]. Operational Developments - The company expanded its shipping capacity, with a 26% increase in average weekly capacity on trans-Pacific routes[32]. - The company added 29 new sea-rail intermodal routes, enhancing its end-to-end service capabilities[33]. - The company operates a fleet covering 294 international routes and 54 coastal routes, serving approximately 548 ports globally[44]. - The company launched 30 dedicated trains on various international routes to address shipping challenges, including a "Fast Pass" service that reduced transit time across the Pacific to 19 days[35]. - The company operates 367 berths across 46 terminals in 37 ports globally, with an annual handling capacity target of 14.1 million TEUs[53]. - The company is focused on enhancing service quality and expanding terminal investment to increase market share[49]. - The company is advancing digital transformation by integrating technologies such as big data, blockchain, IoT, and AI, enhancing service efficiency[100]. - The company is expanding its global terminal layout and enhancing operational efficiency through lean management strategies[102]. Market and Industry Outlook - The container shipping market remains under pressure due to ongoing port congestion and limited supply, with a cautious outlook for the first half of 2022[36]. - The company anticipates challenges in the container shipping market due to global economic recovery and changes in trade patterns, emphasizing the need for enhanced logistics capabilities[125]. - The company aims to enhance its comprehensive competitiveness in container shipping and terminal operations, striving to become a leading multinational enterprise in the industry[129]. - The company is focused on developing a comprehensive logistics supply chain service ecosystem, integrating terminal operations with supply chain services[135]. - The company anticipates a trade increase of approximately $42 billion in the Asia-Pacific region due to the RCEP agreement, enhancing regional economic integration[132]. Corporate Governance and Compliance - The company emphasizes that forward-looking statements in the annual report do not constitute a commitment to investors, highlighting potential investment risks[6]. - There were no non-operating fund occupations by controlling shareholders or related parties, ensuring financial integrity[7]. - The company has maintained a standard unqualified audit report from its accounting firm, ensuring the accuracy and completeness of the financial statements[4]. - The governance structure has been enhanced to ensure compliance with laws and regulations, improving operational efficiency and risk management processes[142]. - The company maintains independence from its controlling shareholder, ensuring no interference in operational decisions that could harm shareholder interests[145]. - The company has implemented a compliance management system to address regulatory risks and ensure adherence to evolving policies[140]. Social Responsibility and Sustainability - The company has a commitment to environmental and social responsibility, as outlined in its annual report[10]. - The company aims to enhance its green and low-carbon shipping development, aligning with environmental sustainability goals[37]. - The company reported a significant focus on sustainable development, with the 2021 sustainability report being approved in December[179]. - Future guidance includes a commitment to sustainability initiatives, with plans to reduce carbon emissions by J% over the next five years[154]. Human Resources and Management - The total number of employees at the end of the reporting period was 30,980, with 4,904 in production, 8,191 in sales, and 3,853 in technical roles[181]. - The company’s workforce includes 14,992 employees with a bachelor's degree or higher, indicating a strong educational background among staff[181]. - The company has implemented a cash dividend policy, distributing at least 30% of the average distributable profit over the last three years[184]. - The company has established mechanisms for ongoing geopolitical information collection and risk assessment to mitigate potential impacts on operations[139]. - The company has a structured salary management system for senior management, linking remuneration to operational performance and individual annual assessments[162]. Strategic Initiatives - The company is focused on digital transformation and improving service quality to meet diverse customer needs in the evolving global trade landscape[40]. - The company plans to implement a "smart port 2.0" strategy to enhance operational efficiency and customer service through advanced digital technologies[136]. - The company is set to launch upgraded shipping routes, increasing its capacity to 4.43 million TEU across 42 routes, with 8 upgraded and 3 new routes introduced[132]. - The company is investing in R&D, allocating $G million to develop new technologies and improve existing products[154].