卓锦股份(688701) - 2021 Q4 - 年度财报

Financial Performance - The company achieved operating revenue of 413.19 million yuan, a year-on-year increase of 21.31%[112]. - The net profit attributable to shareholders was 40.04 million yuan, a decrease of 14.35% compared to the previous year[112]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 38.16 million yuan, down 5.17% year-on-year[112]. - The company's operating costs increased by 15.63% to 243.83 million yuan[113]. - The company reported a significant cash flow deficit from operating activities of -74.21 million yuan, compared to a positive cash flow of 9.23 million yuan in the previous year[113]. - The company achieved a net profit of 40.04 million yuan in 2021, a decrease of 14.35% compared to the previous year, primarily due to increased costs and intensified market competition[27]. - The total number of shares held by the chairman, Zhu Weilong, remained unchanged at 46,719,617 shares throughout the year[161]. - The total remuneration for the chairman was 296,600 CNY, while the vice president received 339,700 CNY[161]. Dividend Policy - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares, totaling approximately 13.43 million RMB, which exceeds 10% of the net profit attributable to shareholders for the year[5]. - The cash dividend policy ensures that at least 10% of the distributable profit is allocated as cash dividends annually, with a cumulative distribution of no less than 30% of the average annual distributable profit over the last three years[190]. - The company maintains a stable profit distribution policy, prioritizing cash dividends over stock dividends, and aims for a minimum cash dividend ratio of 80% for mature companies without significant capital expenditures[190]. - The company’s profit distribution policy is designed to protect shareholder interests and requires thorough communication with shareholders, especially minority shareholders, during the decision-making process[192]. Research and Development - The total R&D investment for the year was CNY 25.27 million, an increase of 18.18% compared to the previous year[79]. - The total R&D investment accounted for 6.12% of operating revenue, a decrease of 0.16 percentage points from the previous year[79]. - The company applied for 9 intellectual property rights in 2021, including 8 invention patents and 1 software copyright, and received 10 new authorizations[30]. - The company is currently working on 12 ongoing research projects, including 1 national-level and 3 provincial-level research topics[30]. - The company has established a Smart Environmental Protection Division focusing on sensor development and monitoring models for smart water and soil management, aiming to enhance its comprehensive environmental governance capabilities[48]. - The company has developed advanced core technologies in soil and groundwater remediation, including long-term stabilization of heavy metals and efficient chemical oxidation techniques[92]. Market Expansion and Strategy - The company plans to deepen market development in East China, focusing on Jiangsu, Shandong, and Anhui, with new branches in Jiaxing, Nanjing, and Wuhan to enhance operational scale and profitability[147]. - The company is exploring the resource utilization sector, focusing on solid waste disposal and wastewater resource recovery, to create new profit growth points[143]. - The company is actively pursuing partnerships and collaborations to expand its market reach and enhance its technological capabilities[12]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million RMB allocated for potential deals[167]. Environmental Technologies and Services - The company reported significant advancements in various environmental technologies, including Fenton technology and activated carbon adsorption technology, aimed at reducing toxic and non-degradable substances[11]. - The company has implemented multiple remediation technologies, such as chemical oxidation and in-situ heating technology, to effectively manage soil and groundwater contamination[11]. - The company offers a full-process solution for environmental remediation, including project design, implementation, risk control, and ongoing management consulting[34]. - The industrial pollution source governance business targets complex and high-toxicity pollutants, primarily in the pharmaceutical and chemical sectors, with a focus on water pollution treatment, waste gas treatment, and solid waste disposal[39]. Governance and Compliance - The company has established a governance structure compliant with relevant laws and regulations, ensuring effective operation of the board and committees[155]. - The company has a structured compensation policy linking employee performance to remuneration, including monthly salaries and annual performance bonuses[186]. - The company has established a comprehensive internal control management system in accordance with relevant laws and regulations, enhancing decision-making efficiency and ensuring compliance and asset safety[200]. - The internal control system has been continuously optimized to meet the company's management and development needs, achieving the expected internal control objectives[200]. Employee Development - The company emphasizes employee training and development, implementing various training programs to enhance professional skills and overall employee satisfaction[187]. - The company has a high-quality talent pool, with 9 first-level and 40 second-level construction engineers, most of whom are cultivated internally[32]. - The total number of employees is 238, with 107 holding bachelor's degrees, 40 master's degrees, and 4 doctoral degrees[185]. - The average salary for R&D personnel increased to 14.38 thousand RMB, up from 10.87 thousand RMB in the previous period[90].