hailir(SH:603639)2022-04-25 16:00Financial Performance - The company's operating revenue for 2021 reached approximately RMB 3.70 billion, representing a year-on-year increase of 14.62% compared to RMB 3.23 billion in 2020[23]. - The net profit attributable to shareholders for 2021 was approximately RMB 449.75 million, an increase of 10.59% from RMB 406.66 million in 2020[23]. - The basic earnings per share for 2021 was RMB 1.33, up 9.02% from RMB 1.22 in 2020[23]. - The weighted average return on equity for 2021 was 15.93%, a decrease of 0.90 percentage points from 16.83% in 2020[23]. - The net cash flow from operating activities for 2021 was approximately RMB 438.41 million, down 25.38% from RMB 587.51 million in 2020[23]. - The total assets at the end of 2021 were approximately RMB 5.14 billion, reflecting a year-on-year increase of 19.17% from RMB 4.31 billion at the end of 2020[23]. - The net assets attributable to shareholders at the end of 2021 were approximately RMB 3.04 billion, an increase of 16.21% from RMB 2.62 billion at the end of 2020[23]. - Operating profit reached 529.80 million yuan, up 13.56% from 466.55 million yuan year-on-year[51]. - The company achieved a revenue of 3,698.88 million yuan, a 14.62% increase from 3,227.19 million yuan in the previous year[51]. Dividend Policy - The company plans to distribute a cash dividend of 10 RMB per 10 shares to all shareholders, subject to approval at the shareholders' meeting[6]. - The cash dividend policy stipulates that at least 10% of the distributable profits must be allocated as cash dividends if conditions are met[176]. - The company's cash dividend distribution is contingent upon having positive distributable profits and sufficient cash flow[176]. - The company's remaining undistributed profits will be fully carried forward to the next fiscal year[179]. Risk Management - The company reported no significant risks that could materially affect its operations during the reporting period[9]. - The company has a comprehensive risk management strategy in place to address potential operational risks[9]. - The company faces risks related to safety production and environmental protection, necessitating comprehensive management and preventive measures[132]. - The volatility of raw material prices poses a risk to production stability, prompting the company to enhance its technological upgrades and cost management[134]. Research and Development - The company has been actively involved in research and development of new technologies to enhance product efficacy and safety[23]. - The company synthesized 1,891 new compounds and completed 72 patent applications, with 43 granted[88]. - Research and development expenses rose by 16.13% to ¥163,323,913.67, up from ¥140,643,255.53, due to an increase in R&D personnel and enhanced compensation[52]. - The total R&D investment accounted for 4.42% of the operating revenue[63]. - The company is committed to increasing R&D investment to develop differentiated, environmentally friendly pesticide formulations[138]. Market Expansion - The company plans to continue expanding its product offerings and market presence, focusing on new pesticide and chemical products[23]. - The company is actively expanding its international market presence to mitigate adverse market fluctuations and create new growth points[39]. - The company is focusing on diversifying its pesticide offerings, with several new products entering trial production in recent years[39]. - The company will focus on international market expansion, strengthening strategic partnerships with multinational companies[121]. Environmental Compliance - The company has implemented effective measures for environmental protection, achieving compliance with emission standards for waste gas and wastewater during the reporting period[192]. - The company has established various pollution prevention facilities, including RTO devices and wastewater treatment stations, which are operating normally[200]. - The company's wastewater treatment facilities include three-effect evaporators and MVR systems, ensuring compliance with environmental standards[200]. - The company is committed to environmental protection and has taken significant measures to manage emissions effectively[193]. Corporate Governance - The company has established a governance structure that ensures the independence of the board and management, with 3 out of 9 directors being independent[144]. - The company has implemented measures to ensure the legality and compliance of financial reports through the supervision of the supervisory board[145]. - The company is committed to transparent information disclosure, adhering to regulations to ensure all shareholders have equal access to information[145]. - The company has approved a restricted stock incentive plan for 2021, aimed at motivating and retaining key personnel[146]. Employee Development - The company emphasizes the importance of talent development, conducting annual training programs for new and existing employees[174]. - The company has established a talent cultivation plan targeting university graduates and key positions to enhance professional capabilities[174]. - The employee composition includes 1,175 production personnel, 686 sales personnel, 428 technical personnel, 55 financial personnel, and 394 administrative personnel[172]. - The company maintains a salary policy that emphasizes internal fairness and external competitiveness, aligning employee contributions with company performance[173].