山东威达(002026) - 2021 Q4 - 年度财报

Dividend Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on a total of 440,726,384 shares[4] - The company distributed a cash dividend of 1.00 yuan per 10 shares, totaling 42,322,621.90 yuan (including tax) based on a total share capital of 423,226,219 shares[163] - The total distributable profit available for shareholders is 988,354,604.57 CNY, with the cash dividend amount representing 100% of the total profit distribution[165] - The cash dividend policy has not been adjusted or changed, ensuring compliance and transparency in its execution[165] - The company committed to distribute at least 10% of the annual distributable profit as cash dividends for the years 2021-2023, with a cumulative distribution of at least 30% of the average annual distributable profit over the same period[190] Financial Performance - The company's operating revenue for 2021 was CNY 3,309,710,388.26, representing a 52.87% increase compared to CNY 2,165,052,831.80 in 2020[20] - The net profit attributable to shareholders for 2021 was CNY 376,265,268.40, up 47.91% from CNY 254,394,640.20 in the previous year[20] - The net cash flow from operating activities reached CNY 441,591,778.85, an increase of 46.86% compared to CNY 300,692,582.56 in 2020[20] - The basic earnings per share for 2021 was CNY 0.89, reflecting a 48.33% increase from CNY 0.60 in 2020[20] - The total revenue for the electric tool accessories business reached ¥1,340,486,991.35, with a year-on-year increase of 30.08%[68] - The revenue from the new energy sector amounted to ¥1,625,401,198.84, reflecting a significant year-on-year growth of 118.87%[68] - The company reported a total revenue of ¥3,309,710,388.26 from direct sales, representing a 52.87% increase year-on-year[69] Market Expansion and Strategy - The company is actively involved in the development of high-end CNC machine tools, with a target domestic market share exceeding 70% by 2020 and 80% by 2025[41] - The company is strategically collaborating with Zhejiang Jianeng Electric Vehicle to expand its automated battery swap business[49] - The company is focusing on expanding its product line to include non-clamping products such as gears and C-type clamps, aiming to create new growth points[55] - The company plans to enhance its electric tool accessory business by focusing on automation, intelligence, and digital transformation to increase market share in mid-to-high-end products[116] - The company aims to expand its high-end intelligent equipment manufacturing business in sectors such as aerospace and automotive, with new product developments in CNC machines and automated sorting equipment[117] Research and Development - The company has established a comprehensive R&D innovation system with over 20 centers, including national and provincial technology centers[58] - The company’s R&D investment amounted to CNY 159,488,019.28 in 2021, representing a 74.53% increase from CNY 91,382,238.58 in 2020, and accounting for 4.82% of total revenue[84] - The number of R&D personnel increased to 533 in 2021, up by 5.96% from 503 in 2020, with a notable increase in the number of personnel under 30 years old by 63.83%[84] - The company is currently developing several new products, including a waterproof battery pack for power tools and a smart lithium battery for electric bicycles, aimed at enhancing market competitiveness and increasing sales revenue[82] Corporate Governance - The company maintains a strong governance structure, with nine board members, including three independent directors, meeting legal requirements[127] - The company ensures independence from its controlling shareholder in operations, assets, finance, and personnel, with no direct or indirect interference in decision-making[130] - The company has established a transparent performance evaluation and incentive mechanism for its directors and senior management[128] - The company has a dedicated investor relations management system, ensuring timely and accurate information disclosure to all investors[129] - The company emphasizes the protection of stakeholders' rights, including customers, shareholders, and employees, to promote sustainable development[128] Risk Management - The company emphasizes the importance of risk management and governance to enhance its competitive and innovative capabilities while ensuring shareholder returns[118] - The company faces significant risks from a complex international environment, including geopolitical conflicts, COVID-19 impacts, and trade tensions, which could challenge global economic recovery and affect business operations[119] - Fluctuations in raw material prices, particularly steel, pose a risk to production costs, with rising labor costs also potentially impacting future performance[119] - The competitive landscape is intensifying, with increased market participants leading to potential pressure on gross margins and order fulfillment, which could adversely affect profitability[120] Sustainability and Social Responsibility - The company has achieved provincial-level green factory certification during the reporting period, emphasizing its commitment to sustainable development and energy conservation[184] - The company has actively engaged in public welfare activities, receiving honors such as "Advanced Collective for Voluntary Blood Donation" and "Caring for National Defense Construction Advanced Unit"[184] - The company aims to reduce carbon emissions by 30% over the next five years as part of its sustainability strategy[143] Internal Control and Compliance - The company has established a comprehensive internal control system to enhance operational efficiency and mitigate risks[173] - There were no significant internal control deficiencies reported during the reporting period[174] - The company has implemented a comprehensive self-inspection of governance, confirming compliance with relevant laws and regulations, and no major issues were identified[178] Employee Management - The total number of employees at the end of the reporting period was 3,215, with 1,478 in the parent company and 1,737 in major subsidiaries[158] - The company emphasized employee training, focusing on onboarding, job-specific training, and professional development[161] - The company has established a complete salary system and welfare benefits, ensuring timely payment of wages and compliance with labor laws[183]