JJHB(SH:603279)2022-04-07 16:00Dividend and Capital Increase - The company plans to distribute a cash dividend of 8.00 RMB for every 10 shares and to increase capital by 4 shares for every 10 shares held, with a total cash dividend amounting to 323,085,736.80 RMB[5]. - The company’s total share capital after the proposed capital increase will be 573,459,368 shares[5]. - The company plans to distribute a cash dividend of 8.00 CNY per 10 shares, totaling 323,085,736.80 CNY (including tax) based on a total share capital of 411,916,500 shares[114]. - The company will increase its registered capital by 4 shares for every 10 shares held, resulting in a new total share capital of 573,459,368 shares after the capital increase[114]. Financial Performance - The net profit attributable to ordinary shareholders for the year 2021 was 74.96% of the consolidated financial statements[5]. - The company achieved operating revenue of CNY 4,651,100,995.07 in 2021, representing a 39.70% increase compared to 2020[15]. - Net profit attributable to shareholders reached CNY 647,006,085.58, a growth of 25.71% year-over-year[15]. - The net profit after deducting non-recurring gains and losses was CNY 629,578,736.56, a 26.25% increase compared to 2020[15]. - The basic earnings per share increased to CNY 1.63, up 26.36% from 2020[17]. - The company reported a net profit of CNY 197,279,507.85 in Q4 2021, contributing to the overall annual growth[18]. - The company achieved operating revenue of CNY 4,638,913,232.80, representing a year-on-year increase of 39.66%[50]. - The gross profit margin for the general equipment manufacturing industry was 30.06%, a decrease of 1.99 percentage points compared to the previous year[50]. Share Repurchase and Stock Incentives - As of March 11, 2022, the company completed a share repurchase of 8,059,329 shares, reducing the total share capital to 411,916,500 shares before the capital increase[5]. - The company repurchased 7,085,423 shares, accounting for 1.7201% of the total share capital, with a total expenditure of RMB 161.91 million[30]. - The company completed the registration of restricted stock grants on November 18, 2021, with 5.83575 million shares becoming tradable[117]. - The company granted a total of 11.7045 million restricted stocks to 393 individuals under the 2020 restricted stock incentive plan[116]. - In 2021, the company granted an additional 210,000 restricted stocks to 2 individuals, with a grant price of 10.66 yuan per share[118]. Research and Development - The company focused on technological innovation and product upgrades, leading to an increase in product orders and sales volume[26]. - The company has increased its investment in R&D for lithium battery applications, leading to rapid business expansion and positive market results[35]. - The total R&D expenditure was CNY 141,554,165.27, representing 3.05% of operating revenue, indicating a focus on innovation and market expansion[57]. - The company employed 433 R&D personnel, making up 9.89% of the total workforce, with a significant portion of staff aged between 30-40 years[57]. - In 2021, the company obtained 155 authorized patents, significantly increasing its patent count[27]. Environmental Compliance and Sustainability - The company reported a total emission of 0.0202 tons of sulfur dioxide in Q4, with a concentration of 0.005 mg/m³, well below the standard of 50 mg/m³[126]. - The total annual emission of volatile organic compounds was 15.12 tons, with a maximum concentration of 7.62 mg/m³, significantly below the regulatory limit of 70 mg/m³[126]. - The company achieved a quarterly total of 0.0035 tons of particulate matter emissions, maintaining compliance with the standard of 10 mg/m³[126]. - The company maintained a total phosphorus (TP) level of 0.51 mg/L, well under the limit of 8 mg/L[131]. - The company was recognized as a "Green Benchmark Enterprise" by the local environmental bureau on June 2, 2021[140]. Corporate Governance - The company emphasizes the importance of internal control and governance to protect shareholder interests and enhance operational efficiency[80]. - The company has established a comprehensive corporate governance structure and internal control system, ensuring effective operation and risk reduction[86]. - The board of directors consists of independent directors accounting for one-third of the total, ensuring the protection of minority shareholders' interests[87]. - The company has implemented measures to ensure the independence of its operations and business from its controlling shareholder[90]. - The company has established commitments to avoid competition with its controlling shareholder and related parties, ensuring no direct or indirect competition with Jingjin Environmental Protection[148]. Market Expansion and Strategic Focus - The company plans to enhance its product offerings in lithium battery and sand aggregate sectors, reflecting a strategic focus on technology upgrades and market expansion[59]. - The company is positioned to benefit from the increasing demand for sand and gravel wastewater treatment systems as the industry undergoes upgrades and green development[36]. - The company plans to invest approximately ¥128,000 million in the "Annual Production of 20,000 Sets of High-Performance Filter Systems Project," which is currently progressing steadily[71]. - The company aims to become a world-leading manufacturer of complete filtration equipment, investing heavily in product development and technological innovation[59]. - The company plans to construct a high-end equipment industrial park in Dezhou to expand production capacity and support future growth[79].