XD INVESTMENT(SZ:000900)2022-04-01 16:00Financial Performance - The company's operating revenue for 2021 was CNY 15,773,748,474.56, an increase of 12.42% compared to 2019[23]. - The net profit attributable to shareholders for 2021 was CNY 624,051,617.18, representing an 18.89% increase from 2020[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 596,182,793.66, a 33.16% increase from 2020[23]. - The net cash flow from operating activities reached CNY 3,448,577,893.20, a significant increase of 1,120.51% compared to the previous year[23]. - The total assets at the end of 2021 amounted to CNY 57,029,391,811.71, reflecting a 25.18% increase from the end of 2020[23]. - The company reported a basic earnings per share of CNY 0.41, up 17.14% from the previous year[23]. - In 2021, the company achieved total revenue of 16.099 billion yuan, a year-on-year increase of 12.51%[40]. - The total profit for the year was 808 million yuan, reflecting a growth of 12.53% compared to the previous year[40]. Dividend Distribution - The company plans to distribute a cash dividend of 1.60 RMB (including tax) for every 10 shares, totaling approximately 1.52 billion shares as the base[5]. - The cash dividend amount for the reporting period was approximately ¥242.85 million, representing 100% of the total profit distribution[154]. - The total number of shares for profit distribution is 1,517,828,334, with a cash dividend of 1.6 yuan per 10 shares, totaling 242,852,533.44 yuan distributed to shareholders[155]. Business Operations - The company reported no changes in its main business operations since its listing[21]. - The company has not experienced any changes in its controlling shareholders[21]. - The company operates a diversified business model with a focus on highway investment and management, alongside financial services and industrial operations[35]. - The company has established a comprehensive highway network with an operational mileage of 521 kilometers[35]. - The company successfully acquired 51% of Hunan Xiangheng Highway Company, increasing its operational highway mileage to 521 kilometers[40]. Investment and Growth Opportunities - The company anticipates new investment opportunities arising from accelerated infrastructure investments in response to economic pressures[34]. - The company is positioned to benefit from the growth in the ecological and environmental protection industry due to new policy initiatives[33]. - The company aims to strengthen its core highway business by expanding investment, construction, and management along the highway value chain, with a focus on asset management and capital market operations[98]. - The company plans to explore new business areas, including distributed photovoltaic applications on highways and a digital service platform to enhance financial services[99]. - The company is actively seeking to extend toll operation rights and explore new investment opportunities in highway projects to ensure sustainable development[99]. Research and Development - Research and development (R&D) investment amounted to ¥11,010,094.86 in 2021, a 3.39% increase from ¥10,649,267.33 in 2020[63]. - The number of R&D personnel increased by 19.40% to 80 in 2021 from 67 in 2020, with a notable increase in the proportion of personnel holding bachelor's degrees[63]. - The company completed several key R&D projects in 2021, including the development of a big data analysis platform and a suspicious transaction analysis platform, enhancing risk management capabilities[57]. - The company is investing in research and development to innovate and launch new products in the market[116]. Risk Management - The company has established a risk management mechanism, with no significant operational risks reported during the year[45]. - The company aims to strengthen its risk management capabilities through the implementation of intelligent risk control systems for over-the-counter options[57]. - The company emphasizes risk control measures in derivative investments, focusing on liquid and actively traded products[91]. - The company is actively monitoring market risks and has established daily reporting systems for position control[91]. Environmental Compliance - The company reported a total emission of COD at 0.56-0.92 tons/year, ammonia nitrogen at 0.004-0.28 tons/year, and total nitrogen at 0.63-0.66 tons/year from its Yanling branch, all within the permissible limits[174]. - The company achieved a total emission of COD at 1.92-6.50 tons/year, ammonia nitrogen at 0.05-1.55 tons/year, and total nitrogen at 0.23-1.92 tons/year from its Xinning branch, also compliant with standards[174]. - The company has no administrative penalties related to environmental issues during the reporting period[177]. Corporate Governance - The company has maintained a stable governance structure in compliance with relevant regulations, ensuring the independence of operations from its controlling shareholder[106][107]. - The board of directors held multiple meetings throughout the year, with significant attendance from members, ensuring effective oversight and decision-making[137]. - The company has established a series of measures to improve corporate governance and operational standards, aiming for high-quality development[169]. - The company has completed the restructuring of the board of directors and supervisory board, enhancing corporate governance mechanisms[169]. Market Expansion - The company is exploring potential mergers and acquisitions to enhance its service offerings, with a budget allocation of 1,000 million for this purpose[87]. - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[116]. - The company plans to leverage its existing infrastructure to expand into new geographic markets[116]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[122]. Employee Management - The total number of employees at the end of the reporting period was 3,766, including 1,643 at the parent company and 2,123 at major subsidiaries[148]. - The company has established a training plan for employees in line with its development goals for 2021[150]. - The company has implemented a performance assessment system linked to compensation, promoting a differentiated salary management mechanism[156].