DZT(SH:900903)2022-03-30 16:00Financial Performance - In 2021, the company achieved a net profit attributable to shareholders of RMB 328,446,404.73, a decrease of 38.65% compared to RMB 535,374,903.30 in 2020[5]. - The company's operating revenue for 2021 was RMB 2,151,309,598.77, down 12.97% from RMB 2,472,013,085.14 in 2020[21]. - The net profit after deducting non-recurring gains and losses was RMB 152,640,886.29, an increase of 143.18% compared to RMB 62,769,243.12 in 2020[21]. - Basic earnings per share decreased by 39.13% to 0.14 RMB compared to the previous year[22]. - The weighted average return on equity was 3.36%, down from 5.71% in 2020[22]. - The company achieved total operating revenue of 2.346 billion RMB and a net profit attributable to shareholders of 328 million RMB in 2021[32]. - The company achieved total operating revenue of 2.346 billion RMB in 2021, a decrease of 11.10% compared to the previous year[50]. - Net profit attributable to shareholders was 328 million RMB, down 38.65% year-on-year, with a weighted average return on equity of 3.36%[50]. - Total assets reached 19.29 billion RMB, an increase of 11.95% year-on-year, while net assets attributable to shareholders rose by 4.00% to 9.656 billion RMB[50]. Cash Flow and Dividends - The company generated a net cash flow from operating activities of RMB 1,422,900,984.01, a significant improvement from a negative cash flow of RMB -700,220,711.29 in 2020[21]. - The proposed cash dividend per share is RMB 0.028, with a total cash dividend payout amounting to RMB 66,195,440.19, representing 66.76% of the net profit for the year[6]. - The retained undistributed profits after the proposed dividend distribution amount to RMB 4,685,780,380.48[6]. - The net cash flow from operating activities increased significantly due to higher cash inflows from pre-sold real estate projects[24]. - Operating cash flow net amount was 1.423 billion RMB, showing a significant recovery compared to the previous year[59]. Assets and Investments - The company's total assets increased by 11.95% to RMB 19,289,640,996.31 at the end of 2021, compared to RMB 17,231,206,154.08 at the end of 2020[21]. - The company issued CNY 900 million in corporate bonds and CNY 2 billion in short-term financing bonds during the reporting period, optimizing its debt structure[49]. - The company’s financial assets in securities and investments totaled 4.911 billion RMB by the end of 2021[54]. - Trading financial assets increased by 34.20% to ¥2,576,887,642.99, reflecting a rise in bank wealth management products held[77]. - Investment properties surged by 501.03% to ¥1,998,292,543.97, due to the transfer of commercial office buildings into investment properties[77]. Operational Efficiency and Strategy - The organization underwent restructuring to enhance agility and optimize operational efficiency across its business units[32]. - The company is focusing on digital operations and platform management to enhance efficiency and optimize its business structure[42]. - The company has achieved nearly full coverage of its cost control system through digital tools, enhancing management efficiency[36]. - The company plans to further enhance digital transformation and risk management capabilities through structural optimization[32]. - The company is committed to enhancing its core competitiveness by optimizing its organizational structure and promoting digital transformation[104]. Market and Industry Challenges - The logistics sector faced challenges due to ongoing global pandemic impacts, affecting international business volumes and operations[39]. - The financial investment sector is expected to face increased bad loans as pandemic relief policies end and local government financing tightens[39]. - The real estate market is under strict regulatory measures, with no significant easing expected in the near future due to ongoing financing restrictions[40]. - The hotel segment continues to be impacted by the pandemic, prompting cost control measures and a focus on post-pandemic transformation[45]. - The hotel industry is expected to face challenges in recovering to pre-pandemic levels due to the ongoing economic downturn and tightening fiscal policies[86]. Corporate Governance and Compliance - The company has established a governance structure that complies with regulatory requirements, ensuring the protection of shareholders' rights, especially for minority shareholders[112]. - The company has implemented a comprehensive internal control management system, including training and risk assessment, in line with national standards[116]. - The company has established a supervisory board consisting of 3 supervisors, including 1 employee supervisor, to effectively oversee financial compliance and management responsibilities[113]. - The company adheres to strict information disclosure regulations, ensuring that all shareholders receive accurate and timely information through various communication channels[115]. - The company has not encountered significant changes in competition or business operations that would affect its independence or operational capabilities[116]. Employee and Executive Compensation - The total remuneration for all listed executives amounts to 2,212,244 CNY, with an average pre-tax remuneration of 737,050 CNY[120]. - The company has established a performance evaluation mechanism linking the remuneration of directors and senior management to the company's operational performance[148]. - The total number of employees in the parent company is 2,355, while the total number of employees in major subsidiaries is 4,135, resulting in a combined total of 6,490 employees[137]. - The company has implemented a training program focusing on industry trends, corporate management, and financial knowledge to enhance employee skills and drive organizational learning[140]. - The remuneration scheme for directors, supervisors, and senior management is linked to the company's operating performance and is reviewed by the remuneration and assessment committee[126]. Community Engagement and Social Responsibility - The company donated 200,000 yuan to taxi associations in Zhengzhou and Xi'an affected by natural disasters and the pandemic[33]. - The company has actively participated in community support initiatives, donating 50,000 yuan to help underprivileged children[161]. - The company has established a special fund to support frontline taxi drivers, ensuring comprehensive coverage of their needs[35]. - The company is committed to promoting green travel and sustainable development through the use of electric vehicles and energy-efficient practices[156]. - The company has implemented a "battery swap model" for new energy taxis, which helps reduce charging time and improve operational efficiency[157].