JMPT(SZ:000700)2023-03-27 16:00Financial Performance - The company's operating revenue for 2021 was CNY 7,389,871,099.90, representing a 21.10% increase compared to CNY 6,102,252,567.36 in 2020[20] - The net profit attributable to shareholders was a loss of CNY 195,834,816.40, a significant decline of 5,468.89% from a loss of CNY 3,516,588.00 in the previous year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 180,280,550.69, an increase of 1,921.89% from CNY 8,916,451.88 in 2020[20] - The net cash flow from operating activities was CNY 419,597,352.35, up 67.11% from CNY 251,083,984.71 in 2020[20] - The basic earnings per share were -CNY 0.2140, a decrease of 5,250.00% from -CNY 0.0040 in the previous year[20] - The total assets at the end of 2021 were CNY 8,316,987,409.39, a slight decrease of 0.30% from CNY 8,342,099,680.75 at the end of 2020[20] - The net assets attributable to shareholders decreased by 16.29% to CNY 2,298,223,393.76 from CNY 2,745,380,532.13 in 2020[20] - The weighted average return on net assets was -7.69%, a decline of 7.56 percentage points from -0.13% in the previous year[20] Business Expansion and Strategy - The company has expanded its business into the healthcare industry, marking a shift from solely automotive parts to a dual focus on automotive and healthcare sectors[19] - The company is focusing on innovation and international collaboration to enhance its supply chain resilience and improve profitability[34] - The company is actively involved in the development of new energy vehicles, aligning with industry trends and government policies[42] - The company is focusing on expanding its presence in the new energy vehicle sector, developing projects with clients such as Xiaopeng and NIO[52] - The company plans to enhance cooperation with major clients such as BMW, Tesla, and Volvo, aiming to increase market share and ensure sustainable development[108] Production and Sales - The company produced over 6 million sets of automotive bumpers in 2021, positioning itself as a leading supplier of automotive exterior parts in China[35] - The company produced 391.56 thousand bumpers, a 28.98% increase compared to the previous year, and sold 388.80 thousand bumpers, a 27.80% increase[40] - The production of door sills reached 246.86 thousand units, up 16.13% year-on-year, with sales of 252.84 thousand units, an increase of 19.43%[40] - The company reported a production of 126.65 thousand wheel arch covers, down 13.15% from the previous year, and sales of 124.14 thousand units, a decrease of 13.87%[40] - The sales revenue from Tesla amounted to approximately ¥647.85 million, with a production of 196,305 units and sales of 195,122 units[43] Research and Development - The company is developing ultrasonic welding technology for automotive bumpers, which has completed R&D and is now in mass production[74] - The automotive bumper injection mold project has completed R&D and is in the pilot stage, aimed at reducing development costs and improving competitiveness[75] - The high-strength buffer-type rear bumper assembly project has completed R&D and is in trial production, enhancing product quality and competitiveness[75] - The company has completed the research and development of a new type of automotive spoiler, significantly reducing the production cycle and improving efficiency[76] - The new airbag collision technology for bumpers has been developed, enhancing the durability and lifespan of the bumpers during collisions[76] Environmental Compliance - Jiangnan Mould & Plastic Technology Co., Ltd. reported a total pollutant discharge of 1.64 tons for non-methane total hydrocarbons, with an annual limit of 75.18 tons[159] - The company achieved a wastewater discharge of 23.68 tons for COD, with a regulatory limit of 91.85 tons per year[159] - The concentration of ammonia nitrogen in wastewater was reported at 17.22 mg/L, exceeding the standard limit of 45 mg/L[159] - The company has implemented measures to ensure compliance with environmental standards, including monitoring and treatment of emissions[159] - The company operates wastewater treatment facilities with a total of 1 set for each of its subsidiaries, ensuring compliance with discharge standards in 2021[164][165][166][167][168][169] Governance and Management - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance[118] - The company has established an independent financial department with its own accounting system and management methods, ensuring no interference from the controlling shareholder in financial decisions[120] - The company’s governance structure complies with relevant regulations, ensuring effective decision-making and operational management[117] - The company has a dedicated human resources department that manages employee assessments and compensation, ensuring independence in personnel matters[118] - The company’s board of directors and shareholders make personnel decisions without manipulation from the controlling shareholder[118] Employee and Social Responsibility - The total number of employees at the end of the reporting period was 5,684, with 4,263 in production, 596 in technical roles, and 676 in administrative positions[143] - The company actively established a comprehensive employee welfare system, including social insurance and housing funds[144] - The company emphasizes employee rights protection and adheres to labor laws, including regular health check-ups for employees[186] - In 2021, the company organized volunteer activities and donated to local schools, including assisting 91 patients in Xinjiang with congenital heart disease[187] - The company is committed to ongoing environmental compliance and sustainability initiatives[159]