HCR(SH:688500)2022-05-24 16:00Financial Performance - The company reported no profit distribution or capital reserve transfer to increase share capital for the year 2021[5]. - The company has not achieved profitability since its listing[4]. - The company's revenue for 2021 was approximately ¥475.98 million, representing a year-over-year increase of 22.25% compared to ¥389.34 million in 2020[22]. - The net profit attributable to shareholders for 2021 was a loss of approximately ¥38.20 million, a significant decline from a profit of ¥73.70 million in 2020[22]. - The basic earnings per share for 2021 was -¥0.514, a decrease of 145.33% compared to ¥1.134 in 2020[23]. - The net cash flow from operating activities for 2021 was a negative ¥18.56 million, compared to a positive cash flow of ¥34.77 million in 2020[22]. - The company's net assets attributable to shareholders decreased by 4.10% to approximately ¥1.18 billion at the end of 2021 from ¥1.23 billion at the end of 2020[22]. - The weighted average return on equity decreased by 11.66 percentage points to -3.17%[24]. - The net profit attributable to the parent company was -38.20 million yuan, a year-on-year decrease of 151.83%[33]. - The net profit attributable to the parent company, after deducting non-recurring gains and losses, was -68.65 million yuan, a year-on-year decrease of 303.92%[33]. Operational Risks and Compliance - The annual report includes a detailed discussion of various operational risks and corresponding countermeasures[4]. - The company received a standard unqualified opinion report from PwC Zhongtian[5]. - The board of directors and supervisory board members confirmed the authenticity, accuracy, and completeness of the annual report[4]. - There are no non-operating fund occupation situations by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for providing guarantees[8]. - The company has not faced situations where more than half of the directors could not guarantee the authenticity of the annual report[8]. - The company is under continuous supervision by CITIC Securities from July 16, 2020, to December 31, 2023, to maintain regulatory standards[20]. Research and Development - R&D investment accounted for 10.86% of operating revenue, an increase of 2.36 percentage points[24]. - The company invested CNY 51.67 million in R&D in 2021, accounting for 10.86% of its revenue[35]. - The total R&D investment for the year reached ¥51,670,375.96, a significant increase of 56.08% compared to the previous year[60]. - The proportion of R&D investment to operating revenue increased to 10.86%, up from 8.50% in the previous year, representing a growth of 2.36 percentage points[60]. - The company has developed four core technologies, including consumer behavior big data analysis and ecological environmental data analysis, with a total of 21 sub-technologies recognized for their uniqueness and advanced capabilities[57]. - The number of R&D personnel increased by 58.12% year-on-year, reaching 185, which constitutes 24.9% of the total workforce[73]. - The total compensation for R&D personnel amounted to CNY 40,329,900, with an average salary of CNY 23,720[73]. - The company has established a research and development center in Wuhan to enhance product and service upgrades, strengthening its talent reserve in R&D[73]. Market Strategy and Product Development - The company launched new SaaS products, including XMfactory and DMengine, aimed at enhancing customer experience and data-driven marketing solutions[13][14]. - The company is focusing on expanding its market presence in the TMT sector, leveraging advancements in artificial intelligence and big data technologies[12]. - The company’s core strategy, "One Cloud and Two Data," aims to enhance data analysis capabilities and expand digital solutions across various industries[34]. - The company’s products are widely used in sectors such as automotive, TMT, fast-moving consumer goods, and healthcare, serving clients like Huawei and Unilever[38]. - The company has developed numerous industry data analysis technologies and proprietary data models, gaining recognition from leading enterprises across various industries[74]. - The company is positioned as a "digital process accelerator" in both commercial and public sectors, leveraging deep industry insights and digital technology innovation[127]. - The company plans to enhance product R&D efforts, focusing on the XMfactory experience factory and DMengine digital marketing engine, to create more competitive SaaS products tailored to industry needs[130]. Financial Management and Investments - The company plans to enhance its R&D investment and talent reserves to mitigate macroeconomic risks[86]. - The company is exploring potential acquisitions to bolster its product offerings, with a budget of $100 million allocated for this purpose[147]. - The company approved the acquisition of the remaining 20% equity of Beijing Huichen Shijie Data Technology Co., Ltd. during the eighth board meeting[155]. - The company acquired 51% equity in Shanghai Lirui Hang Information Technology Co., Ltd. for 15.30 million RMB, enhancing its market presence[100]. - The company also acquired 20% equity in Huicheng Vision for 5.50 million RMB, making it a wholly-owned subsidiary[100]. Corporate Governance and Compliance - The company has integrated ESG principles into its core governance, focusing on enhancing corporate image and stakeholder engagement[174]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[175]. - The company has implemented measures to reduce carbon emissions, including energy-saving practices and waste management[177]. - The company has achieved ISO24001 environmental management and ISO9001 quality management certifications, promoting resource conservation and environmental management[178]. - The company has developed internal control systems for procurement and supplier management to protect stakeholder rights[186]. Employee Engagement and Training - The company emphasizes employee training, conducting regular skill development programs to enhance career growth and technical capabilities[168]. - Employee stock ownership includes 47 employees, representing 6.33% of the total workforce, with 1,218,000 shares held, accounting for 16.40% of total equity[185]. Future Outlook - Future outlook suggests a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[145]. - The company is investing heavily in R&D, with a budget allocation of 132.91 million for new technology development[143]. - The company plans to expand its business operations nationwide by establishing R&D and business centers in major cities[127]. - The digital economy and data industry are expected to grow significantly, with government policies supporting the development of digital infrastructure and data utilization[126].