RSIT(SH:688215)2022-05-30 16:00Financial Performance - The company achieved a net profit attributable to shareholders of RMB 13,257,044.98 for the year ended December 31, 2021, with a distributable profit of RMB 33,644,885.84[5]. - The proposed cash dividend is RMB 1.5 per 10 shares (including tax), totaling RMB 6,006,000.00, resulting in a cash dividend payout ratio of 45.30%[5]. - The company has not yet achieved profitability since its listing[4]. - The company's operating revenue for 2021 was CNY 199,818,307.24, representing a 49.79% increase compared to CNY 133,397,697.67 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 13,257,044.98, a decrease of 16.93% from CNY 15,958,387.69 in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,784,875.40, showing a significant increase of 169.34% from CNY 1,776,550.71 in 2020[21]. - The company's total assets increased by 14.26% to CNY 599,154,225.74 at the end of 2021, compared to CNY 524,389,178.15 at the end of 2020[21]. - The basic earnings per share for 2021 was CNY 0.33, down 31.25% from CNY 0.48 in 2020[22]. - The weighted average return on net assets decreased to 3.05% in 2021 from 7.05% in 2020, a reduction of 4.00 percentage points[22]. - The net cash flow from operating activities was negative at CNY -5,421,251.34 in 2021, compared to a positive CNY 6,444,364.17 in 2020, indicating a decline of 184.12%[21]. Research and Development - Research and development expenses accounted for 9.74% of operating revenue in 2021, a decrease of 3.39 percentage points from 13.13% in 2020[22]. - A total of 27 R&D projects were initiated in 2021, focusing on innovations in smart factory equipment[33]. - The company applied for 60 intellectual property rights in 2021, including 28 invention patents[34]. - The total R&D investment for the year was ¥19,453,167.84, an increase of 11.10% compared to the previous year[63]. - The company has developed key technologies in mechanical systems, network communication, and information management software[58][59]. - The R&D team consists of 102 personnel, accounting for 19.07% of total employees, focusing on software, mechanical, electronic, and automation technologies to drive innovation[80]. Market and Sales - The company achieved a total order volume of 316.43 million yuan in 2021, representing a year-on-year growth of 99%[32]. - The company expanded its domestic customer base, achieving an order volume of 241.4 million yuan from domestic clients[32]. - The company reported a significant increase in sales expenses by 37.64% to CNY 19,327,084.88, reflecting increased marketing efforts[94]. - The company is focusing on market expansion and enhancing promotional efforts to boost sales in both domestic and international markets[99]. - The company has successfully penetrated international markets, particularly in Southeast Asia, including Vietnam and Cambodia, enhancing its global footprint[82]. Governance and Compliance - The company has a governance structure comprising a board of 7 directors, including 3 independent directors, and a supervisory board of 3 members[142]. - The company maintains strict independence from its controlling shareholders in business, personnel, assets, and finances, ensuring autonomous operational capability[143]. - The board of directors has approved the profit distribution plan, which is subject to shareholder meeting approval[178]. - The company has not encountered any major legal violations or irregularities during the reporting period[143]. - The company emphasizes sustainable development and actively engages in research and development to create high-value technology products[183]. Environmental Responsibility - The company has implemented measures to reduce carbon emissions, such as upgrading to energy-efficient equipment and installing solar photovoltaic systems[190]. - The company ensures compliance with environmental regulations, with no significant wastewater or air emissions generated during production[188]. - The company has established a robust environmental management system, adhering to national standards for waste and noise management[189]. Future Outlook - The company provided guidance for Q4 2023, expecting revenue to be between $160 million and $170 million, indicating a potential growth of 10-13%[152]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $10 million allocated for this purpose[152]. - The company plans to solidify its talent pool and strengthen technological innovation over the next 3-5 years, focusing on comprehensive smart manufacturing projects for major clients[135]. - The company aims to enhance production efficiency and reduce labor costs through the implementation of smart manufacturing, addressing the diminishing demographic dividend and rising labor costs in the manufacturing sector[133].