UNIS(SZ:000938)2021-04-23 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total share capital of 2,860,079,874 shares [6]. - The total cash dividend for 2020 is CNY 286,007,987.40, which represents 15.10% of the net profit attributable to the parent company's shareholders of CNY 1,894,623,217.43 [132]. - The cash dividend per 10 shares is CNY 1.00, with a total of 2,860,079,874 shares as the basis for distribution [134]. - The total undistributed profits remaining after the 2020 dividend distribution amount to CNY 7,156,558,791.77 [134]. - The cash dividend payout ratio for 2020 is lower than the 16.62% ratio from 2019 [132]. Financial Performance - The company's operating revenue for 2020 was ¥59.70 billion, representing a 10.36% increase compared to ¥54.10 billion in 2019 [19]. - The net profit attributable to shareholders for 2020 was ¥1.89 billion, a 2.78% increase from ¥1.84 billion in 2019 [19]. - The net profit excluding non-recurring gains and losses was ¥1.66 billion, showing a significant increase of 27.66% from ¥1.30 billion in 2019 [19]. - The net cash flow from operating activities reached ¥5.07 billion, a remarkable increase of 198.25% compared to ¥1.70 billion in 2019 [19]. - Total assets at the end of 2020 were ¥58.83 billion, reflecting a 7.55% increase from ¥54.74 billion at the end of 2019 [19]. - The net assets attributable to shareholders increased by 5.54% to ¥29.74 billion from ¥28.18 billion in 2019 [19]. Business Focus and Strategy - The company reported significant changes in its main business focus, shifting towards electronic information-related operations since 2002 [17]. - The company is positioned as a leader in cloud computing, big data, AI, and 5G technologies, providing comprehensive lifecycle services across various industries [30]. - The digital economy is rapidly expanding, driving demand for new infrastructure investments in data centers, cloud computing, and AI technologies [31]. - The company launched the "AI in ALL" intelligent strategy, integrating AI capabilities into products and solutions to enhance digital and intelligent empowerment [45]. - The company aims to enhance its cloud computing, big data, and artificial intelligence capabilities, targeting significant market opportunities in the digital infrastructure sector [112]. Research and Development - R&D investment reached CNY 41.31 billion in 2020, with over 40% of the company's total employees engaged in R&D [39]. - The company has accumulated over 11,000 patent applications, with more than 90% being invention patents [39]. - The company has maintained a leading position in R&D investment compared to its industry peers, ensuring its ability to adapt to market changes [121]. - Continuous investment in big data and AI to improve internal digital capabilities and operational efficiency [117]. Market Position and Share - The company maintained a second market share position in China's Ethernet switch market with shares of 35.0% in 2020, and in the enterprise router market with shares of 30.8% [37]. - The company achieved a market share of 31.3% in China's enterprise WLAN market, maintaining the first position for twelve consecutive years [37]. - The company reported quarterly revenues of ¥9.97 billion, ¥15.58 billion, ¥15.81 billion, and ¥18.34 billion for Q1 to Q4 respectively in 2020 [24]. International Expansion - The company has established subsidiaries in seven countries, including Malaysia and Thailand, and has certified 252 overseas partners, expanding its global sales channels [42]. - The company expanded its international business, successfully delivering projects in over 30 countries, with a focus on seven key markets including Japan and Malaysia [66]. Risk Management - The company acknowledges potential risks in its future operations, which are detailed in the report [6]. - The company emphasizes the importance of internal controls and risk management in its foreign exchange hedging operations [103]. - The company is closely monitoring international foreign exchange market dynamics to adjust hedging strategies accordingly [103]. Related Party Transactions - The company reported significant related party transactions, with sales to Unisoc (Beijing) Communication Technology Co., Ltd. amounting to CNY 124.98 million, representing 0.00% of total similar transactions [154]. - Total sales to related parties included CNY 20,970.81 million to Ziguang Hengyue Technology Co., Ltd., accounting for 0.35% of similar transactions [153]. Social Responsibility - The company emphasizes social responsibility and integrates it into its development strategy, focusing on stakeholder interests [188]. - The company invested a total of RMB 3.2 million in four targeted poverty alleviation projects in 2020, focusing on education and industry [190]. - The company donated RMB 3 million worth of educational information technology equipment to the education bureau of Diqing Tibetan Autonomous Prefecture to enhance local digital education [190].