Inform(603066)2022-04-21 16:00Financial Performance - In 2021, the company achieved a net profit attributable to shareholders of RMB 126,118,866.96, representing a 33.27% increase compared to RMB 94,636,813.41 in 2020[6]. - The total operating revenue for 2021 was RMB 1,008,980,378.69, which is a 51.81% increase from RMB 664,640,415.25 in 2020[21]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was RMB 84,867,048.55 in 2021, up 50.66% from RMB 56,330,788.09 in 2020[21]. - The company achieved a historical high in operating revenue of 1.009 billion RMB, an increase of 51.81% compared to the previous year[31]. - Net profit attributable to shareholders reached 126 million RMB, up 33.27% year-on-year, while the net profit excluding non-recurring gains and losses was 84.87 million RMB, reflecting a 50.66% increase[31]. - Basic earnings per share increased by 33.59% to 0.4287 RMB per share compared to the previous year[23]. - The weighted average return on equity rose to 11.56%, an increase of 2.20 percentage points from the previous year[23]. Cash Flow and Dividends - The company's cash dividend proposal for 2021 is RMB 0.86 per 10 shares, totaling RMB 25,299,486.36, which accounts for 20.06% of the net profit attributable to shareholders[6]. - The cash flow from operating activities for 2021 was RMB 84,154,820.40, a decrease of 34.58% from RMB 128,633,432.81 in 2020[21]. - The company plans to continue its annual cash dividend practice to reward shareholders despite facing large capital expenditure pressures[6]. Assets and Liabilities - The total assets of the company at the end of 2021 reached RMB 2,708,330,936.04, an increase of 89.41% from RMB 1,429,905,129.48 in 2020[22]. - The net assets attributable to shareholders increased by 10.08% to RMB 1,148,555,686.22 at the end of 2021 compared to RMB 1,043,385,462.81 at the end of 2020[21]. - The company reported a significant increase in contract liabilities, which rose by 187.25% to 493,490,565.33 RMB, reflecting a growth in sales orders and prepayments from customers[84]. Growth and Expansion - The company is in a phase of rapid growth with increasing operational scale and order volume, necessitating significant capital expenditures for projects in 2022[6]. - New signed orders grew over 60% year-on-year, totaling approximately 1.8 billion RMB, driven by strong performance in smart manufacturing, new energy, food cold chain, cross-border e-commerce, ceramics, and semiconductors[31]. - The company is focusing on capital operations to accelerate project construction and mergers and acquisitions, which are key drivers for sustained high growth[31]. - The company is expanding its production capacity with the construction of a second phase of the Ma'anshan factory and a smart factory in Thailand, which will help meet customer delivery requirements[112]. Technological Innovation - The company is transitioning to become a smart manufacturing solution provider, enhancing its organizational structure and adjusting production capacity to support rapid development[31]. - The company launched the "Eagle Eye" 3D intelligent monitoring platform and the "Shennong" equipment monitoring service platform, enhancing its digital capabilities in smart warehousing[38]. - The company is investing in technology standardization and modularization to improve product adaptability and enhance competitiveness in various scenarios[113]. Market Position and Strategy - The company is focusing on technological innovation and project experience to capture a larger share of the domestic market[104]. - The company is deepening its focus on specific industries such as food cold chain, tire rubber, new energy, ceramics, and fine chemicals to create differentiated competitive advantages[110]. - The company is enhancing its international marketing efforts to expand its global market presence, with a focus on improving the quality and quantity of international orders[114]. Corporate Governance - The company has strengthened its corporate governance structure and improved information disclosure practices[121]. - The board of directors consists of experienced professionals with diverse backgrounds in finance and management[128]. - The company has established specialized committees within the board, including an audit committee and a strategic committee, to enhance governance[139]. Employee Management - The company has implemented a combination salary structure, including fixed salary, performance salary, bonuses, and allowances, to ensure competitive income levels[143]. - The company emphasizes continuous improvement in employee skills through various training programs and encourages self-learning[145]. - The company is establishing a talent cultivation system by collaborating with educational institutions to train professionals for the logistics industry[111]. Risks and Challenges - The company is facing risks related to macroeconomic cycles, raw material price fluctuations, and accounts receivable cycles, and is implementing measures to mitigate these risks[116][117][118]. - There were no significant changes in the competitive landscape affecting the company during the reporting period[121].