DONPER GROUP(SH:601956)2021-03-15 16:00Financial Performance - In 2020, the company achieved a net profit attributable to shareholders of RMB 109,921,427.98, representing a 12.50% increase compared to RMB 97,706,660.95 in 2019[5]. - The company's operating revenue for 2020 was RMB 5,211,242,709.81, reflecting a growth of 5.73% from RMB 4,928,711,194.38 in 2019[20]. - Basic earnings per share for 2020 were RMB 0.3664, an increase of 12.50% from RMB 0.3257 in 2019[21]. - The company's net assets attributable to shareholders rose by 93.67% to RMB 1,698,424,732.04, up from RMB 876,949,493.34 in 2019[20]. - The total operating revenue for 2020 reached CNY 5,211,242,709.81, an increase of 25.9% compared to CNY 4,928,711,194.38 in 2019[196]. - Net profit for 2020 was CNY 192,070,360.44, up 5.3% from CNY 182,125,642.00 in 2019[196]. - Basic earnings per share for 2020 were CNY 0.3664, compared to CNY 0.3257 in 2019, representing a growth of 12.5%[196]. Cash Flow - The net cash flow from operating activities decreased significantly by 81.87% to RMB 72,862,326.28, down from RMB 401,930,887.30 in the previous year[20]. - The net cash flow from operating activities decreased to ¥72,862,326.28 in 2020 from ¥401,930,887.30 in 2019, representing a decline of approximately 81.9%[200]. - The net cash flow from investing activities was negative at -¥120,399,139.00 in 2020, improving from -¥290,892,259.94 in 2019[200]. - The net cash flow from financing activities was positive at ¥87,978,678.26 in 2020, compared to a negative flow of -¥211,650,817.96 in 2019[200]. Assets and Liabilities - The total assets of the company increased by 8.53% to RMB 6,499,172,209.83 at the end of 2020, compared to RMB 5,988,107,456.05 at the end of 2019[20]. - Total liabilities increased to CNY 4,552,459,008.46 in 2020, up from CNY 4,212,505,261.03 in 2019, representing a growth of approximately 8.1%[189]. - Total equity increased to CNY 1,946,713,201.37 in 2020, up from CNY 1,775,602,195.02 in 2019, reflecting a growth of approximately 9.7%[189]. - Cash and cash equivalents increased to CNY 984,287,750.93 in 2020, up from CNY 716,629,911.89 in 2019, reflecting a growth of approximately 37.3%[186]. Market Performance - The domestic market for refrigerators and freezers saw a year-on-year production increase, with domestic sales of hermetic piston compressors growing nearly 18% in 2020, the highest increase in recent years[30]. - Export sales of hermetic piston compressors also recovered, with growth exceeding 20% starting in August 2020, despite a lower annual growth rate of over 9% compared to domestic sales[30]. - The company produced 35.6 million compressors in 2020, a year-on-year increase of 2.50%, and sold 36.9 million compressors, up 9.57% year-on-year[38]. Research and Development - The company has over 400 patents in the compressor industry and is the only enterprise to receive the National Science and Technology Progress Second Prize[33]. - Research and development expenses rose to ¥289,239,836.97, a 9.04% increase compared to the previous year[57]. - The number of R&D personnel is 779, representing 10.95% of the total workforce[59]. Corporate Governance and Compliance - The company has committed to providing true, accurate, and complete information to intermediaries involved in the transaction, ensuring no false records or misleading statements exist[86]. - The company guarantees that all documents related to the transaction are authentic and that any discrepancies will result in legal responsibility[86]. - The company has established a plan to ensure compliance with the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange[86]. - The company has committed to maintaining the integrity of information disclosure throughout the transaction process[86]. Social Responsibility - The company actively participated in poverty alleviation efforts, including donating supplies and helping sell 10,000 pounds of fruit from impoverished areas[120]. - The company provided 38,800 sets of protective clothing and 52,300 masks to support local pandemic response efforts[122]. - The company has engaged in various social responsibility activities, including employee assistance and educational support programs[122]. Shareholder Information - The company plans to distribute a cash dividend of RMB 1 per 10 shares, amounting to a total distribution of RMB 51,132,000[5]. - The proposed cash dividend for 2020 is ¥1 per 10 shares, totaling an estimated distribution of ¥51,132,000, which represents 46.52% of the net profit attributable to shareholders[84]. - The company has established a profit distribution policy to enhance transparency and protect the rights of minority shareholders, which was approved by the board and shareholders[81]. Future Outlook - The company aims to produce and sell 39.02 million compressors, 20 million motors, 132,000 tons of castings, 77,344 refrigeration units, and 112,610 refrigeration units in 2021[74]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[196]. - The company is focusing on smart manufacturing as a key aspect of its "14th Five-Year Plan," promoting intelligent management and product innovation[75].