华控赛格(000068) - 2021 Q4 - 年度财报

Financial Performance - The company’s financial report has been audited by Da Hua Accounting Firm, which issued an unqualified opinion[5]. - The company's operating revenue for 2021 was ¥935,839,857.07, representing a 309.24% increase compared to ¥228,679,256.43 in 2020[21]. - The net profit attributable to shareholders was -¥97,740,871.67 in 2021, an improvement of 41.16% from -¥166,107,336.06 in 2020[21]. - The net cash flow from operating activities was -¥20,384,186.38, a decline of 29.85% compared to -¥15,697,726.75 in 2020[21]. - The total assets at the end of 2021 were ¥4,027,670,499.57, an increase of 8.45% from ¥3,713,822,584.91 at the end of 2020[21]. - The net assets attributable to shareholders decreased by 27.43% to ¥263,178,224.65 in 2021 from ¥362,632,223.29 in 2020[21]. - The company reported a basic earnings per share of -¥0.0971 for 2021, improving by 41.15% from -¥0.165 in 2020[21]. - The total profit for the company was -123.44 million yuan, which represents a reduction in losses by 30.72% year-on-year[42]. - The net profit attributable to the parent company was -97.74 million yuan, reflecting a decrease in losses by 41.16% compared to the previous year[42]. - The total operating costs for 2021 were ¥851,889,536.26, reflecting a year-on-year increase of 408.75%[51]. Business Strategy and Operations - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[6]. - The company plans to expand its market presence by focusing on environmental protection and urban infrastructure projects, leveraging government support for green technology[30]. - The company aims to enhance its operational and profitability capabilities by exploring new business opportunities in water engineering and smart water management[31]. - The company is actively seeking new profit growth points and improving investment efficiency through diversified business models[31]. - The company is focused on developing a comprehensive management system for water quality in the Daqing River Basin, aiming to enhance its core technology and competitiveness[64]. - The company is also working on a smart platform for urban water supply and drainage management, integrating various monitoring technologies[64]. - The company is involved in various investor communications to address concerns and provide updates on business operations[102]. - The company is exploring new strategies related to market expansion and product development, as indicated by investor inquiries[102]. Research and Development - The number of R&D personnel increased to 69 in 2021, a rise of 137.93% from 29 in 2020[69]. - R&D investment amounted to ¥22,842,477.51 in 2021, representing a 132.52% increase from ¥9,824,042.82 in 2020[69]. - The company completed the first phase of the DigitalWater simulation system upgrade, enhancing its core R&D capabilities[66]. - The company is developing a new municipal drainage system that purifies rainwater and industrial wastewater before discharge, addressing existing pollution issues[66]. - The company has initiated projects to optimize sponge city construction technologies, aiming to improve efficiency and reduce costs[66]. Governance and Compliance - The company has a commitment to transparency, with all board members present for the report's approval[4]. - The governance structure of the company has been strengthened, adhering to relevant laws and regulations, with independent operations of the board and management[109]. - The company has maintained a clear and independent operational capability, with no financial support provided to controlling shareholders or related parties[109]. - The company has been transparent in its financial disclosures, with a focus on maintaining effective communication with all shareholders, especially minority shareholders[109]. - The board of directors consists of 12 members, including 4 independent directors, complying with legal regulations and the company's articles of association[110]. - The company has established 4 specialized committees: strategy, audit, nomination, and remuneration and assessment committees[110]. - The company has implemented rigorous investment plans and risk management processes to mitigate potential investment risks associated with project delays and budget overruns[98]. Environmental Responsibility - The company has been classified as a key pollutant discharge unit by environmental protection authorities, indicating its involvement in significant environmental management[174]. - The total investment for the wastewater treatment plant was 113 million RMB, with an upgrade project costing 58.0644 million RMB to improve treatment processes[175]. - The company conducts online monitoring of key pollutants every two hours and publishes results daily, ensuring transparency in environmental performance[177]. - The company has established an emergency response plan for environmental incidents, which has been filed with the environmental protection department[176]. - The company has committed to measures for reducing carbon emissions, although specific actions were not applicable[180]. Investor Relations - The company has been proactive in communicating with investors about its ongoing projects and financial status through various channels[100]. - The company is focused on maintaining operational management processes to ensure timely updates on investment situations and reduce risks[98]. - The company is committed to safeguarding the rights of minority shareholders in the ongoing arbitration proceedings[99]. - The company received inquiries regarding its 2020 annual report disclosure on February 4, 2021[101]. - The company has emphasized its commitment to investor relations management, ensuring timely responses to investor inquiries and protecting shareholder rights[108]. Legal and Arbitration Matters - The company is involved in an arbitration case regarding a financial management agreement, with claims totaling CNY 585,351,491.20, which is currently under review and has not yet been adjudicated[99]. - The company is actively monitoring the arbitration case and has engaged legal counsel to protect the interests of the company and its shareholders[99]. - The company has received multiple inquiries from individual investors regarding the status of the arbitration case and other operational matters, indicating heightened investor interest[100]. - The company is preparing to respond effectively to the arbitration outcome once it is determined, emphasizing its commitment to transparency and accountability[99]. Human Resources - The total number of employees at the end of the reporting period was 672, with 57 in the parent company and 615 in major subsidiaries[155]. - The professional composition included 348 technical personnel, 135 production personnel, and 49 sales personnel[155]. - The company has a training plan in place to enhance employee skills and ensure steady development[157]. - The company has not encountered any risks during the supervisory activities of the supervisory board[154]. Internal Control and Audit - The company maintained effective internal control over financial reporting as of December 31, 2021, according to the internal control audit report[168]. - There were no significant defects identified in financial or non-financial reporting, with zero instances reported for both categories[166]. - The company revised 26 internal control systems and added 8 new governance systems in 2021 to enhance management and comply with market regulations[169]. - The company has not reported any significant changes in its operational strategy or market expansion plans during the reporting period[127].