SUFA(SZ:000777)2022-04-20 16:00Financial Performance - The company's operating revenue for 2021 was ¥1,557,541,050.11, representing a 33.48% increase compared to ¥1,166,857,141.32 in 2020[21]. - The net profit attributable to shareholders was ¥120,129,234.65, up 14.81% from ¥104,630,026.73 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥93,585,874.59, an increase of 8.26% from ¥86,446,129.18 in 2020[21]. - The net cash flow from operating activities was ¥141,202,533.40, a significant increase of 1,033.42% compared to -¥15,127,502.66 in 2020[21]. - The total assets at the end of 2021 were ¥2,930,998,566.17, an 18.75% increase from ¥2,468,148,430.86 at the end of 2020[21]. - The net assets attributable to shareholders were ¥1,664,529,811.50, reflecting a 7.79% increase from ¥1,544,303,935.19 in 2020[21]. - The basic earnings per share for 2021 were ¥0.31, up 14.81% from ¥0.27 in 2020[21]. - The diluted earnings per share also stood at ¥0.31, marking a 14.81% increase compared to the previous year[21]. - The weighted average return on equity was 7.55%, an increase from 6.86% in 2020[21]. - The company's total revenue for 2021 reached ¥1,557,541,050.11, representing a year-on-year increase of 33.48% compared to ¥1,166,857,141.32 in 2020[42]. Dividend Distribution - The company plans to distribute a cash dividend of 0.94 RMB per 10 shares to all shareholders, based on a total of 386,597,593 shares[5]. - The company reported a cash dividend of 0.82 yuan per 10 shares (including tax), totaling 36,340,173.74 yuan for the year 2020[128]. - The company’s total distributable profit for the reporting period was 787,492,447.17 yuan[131]. - The company has a stable cash dividend policy, ensuring that the distribution aligns with the company's articles of association and shareholder resolutions[130]. Corporate Governance - The company has a clear governance structure with independent directors and supervisors overseeing operations, ensuring compliance and risk management[104]. - The company has established good communication channels with investors, enhancing the quality of investor relations management[90]. - The company has no significant discrepancies between its governance practices and the regulations set by the China Securities Regulatory Commission[91]. - The company has a diverse board with members holding positions in other organizations, enhancing its governance and oversight capabilities[107]. - The company has implemented a series of effective measures to enhance the board's operational capabilities, contributing to high-quality development[89]. Research and Development - The company has established several research and development platforms, including a provincial engineering technology research center and a postdoctoral research station, enhancing its innovation capabilities[37]. - Research and development investment amounted to CNY 53,971,499.53 in 2021, a 12.76% increase from CNY 47,865,227.09 in 2020, representing 3.47% of operating revenue[54]. - The company is committed to research and development, aiming to innovate and introduce new products in the upcoming fiscal year[100]. - The company is enhancing its research and development capabilities in the oil, petrochemical, and thermal power sectors[83]. Market Strategy - The company has successfully entered the international water market and expanded its overseas market presence, particularly in the Middle East[35]. - The company has implemented a differentiated market strategy, focusing on deepening relationships with strategic customers and expanding into emerging markets[35]. - The company is focusing on high-end valve market strategies, aiming to enhance its competitive position[83]. - The company is actively pursuing new product development and technological advancements to maintain its competitive edge in the market[76]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[5]. - The company has implemented a comprehensive risk management framework to enhance operational efficiency and reduce risks[88]. - The company will implement measures to mitigate risks related to technological innovation, including establishing evaluation mechanisms and protecting R&D outcomes[79]. - The company faces competition risks in the valve industry due to low entry barriers and numerous private enterprises, which may impact market share[78]. Employee Engagement and Welfare - The company conducted a total of 1246 training sessions, accumulating 18,289 hours of training, averaging 17.3 hours per employee[127]. - The company has 25 retired employees for whom it bears costs, indicating a focus on employee welfare[125]. - The company emphasized the importance of employee health and well-being, providing annual health check-ups and support for employees in need[157]. - The company organized various employee engagement activities to enhance organizational cohesion and employee morale[157]. Environmental and Social Responsibility - The company has established a series of procedures for environmental management, including ISO14001 and ISO45001 certifications obtained in 2021[151]. - The company is developing a distributed photovoltaic power generation plan to reduce carbon emissions and energy costs, contributing to the "dual carbon" goals[152]. - The company raised nearly 32,000 yuan in donations during the "One Day Donation" campaign, demonstrating its commitment to social responsibility[166]. - The company purchased over 260,000 yuan worth of local agricultural products to support poverty alleviation efforts in designated poverty-stricken areas[168]. Financial Management - The company has maintained a consistent policy of not engaging in complex guarantee arrangements[200]. - The company has not engaged in entrusted financial management during the reporting period, indicating a focus on direct asset management[200]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[176]. - The company has appointed Xin Yong Zhong He Accounting Firm for the 2021 audit, with an audit fee of ¥570,000[180].