NSU(SZ:002089)2022-04-28 16:00Financial Performance - The company's operating revenue for 2021 was ¥235,133,888.81, representing a 48.04% increase compared to ¥158,832,259.09 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥4,720,463.52, a significant turnaround from a loss of ¥273,895,894.63 in 2020, marking a 101.72% improvement[21]. - The net cash flow from operating activities improved to ¥2,844,634.33 in 2021 from a negative cash flow of ¥347,317,840.40 in 2020, indicating a 100.82% increase[21]. - The company reported a basic earnings per share of ¥0.0034 for 2021, compared to a loss of ¥0.1992 per share in 2020, reflecting a 101.71% improvement[21]. - The total revenue for the communication network products reached CNY 35,926,592.63, representing a year-on-year increase of 29.11%[56]. - The total revenue for the IDC data center segment was CNY 80,905,060.79, showing a year-on-year growth of 36.17%[56]. - The total revenue for lithium battery materials products amounted to CNY 41,918,000.32, reflecting a significant year-on-year increase of 97.80%[56]. - The company reported a total of ¥67,840,284.28 in non-recurring gains for the year, despite facing challenges in its core operations[27]. Business Operations - The company reported its main business activities have not changed since its listing[19]. - The company has no changes in its controlling shareholders since its listing[19]. - The company is focusing on core business areas by divesting non-core assets, aiming to enhance operational efficiency and profitability[39]. - The company has successfully entered the electric vehicle supply chain, with its investments in electric logistics vehicle and lithium battery companies showing positive market trends[39]. - The company has established a data center with over 2,500 cabinets, achieving a leasing efficiency of over 90%, generating nearly ¥150 million in annual revenue[37][43]. - The company is positioned to benefit from the rapid growth in the data center industry, which is expected to see significant market demand due to national policies promoting digital infrastructure[31]. - The company has completed the construction of its lithium battery pack production platform, with four production lines capable of processing 800 sets per day, potentially generating daily revenue of ¥480,000[38]. Market Trends - The lithium-ion battery production in China reached 324GWh in 2021, a 106% year-on-year increase, driven by demand from the electric vehicle and energy storage sectors[32]. - The global energy storage battery shipment volume in 2021 was 66.3 GWh, marking a year-on-year growth of 132.6%[34]. - The global small battery shipment volume in 2021 was 125.1 GWh, reflecting a year-on-year increase of 16.1%[35]. - The European market for new energy vehicles saw sales of 2.26 million units in 2021, a year-on-year increase of 65.7%[33]. Financial Position - Total assets decreased by 12.38% to ¥1,878,933,011.06 at the end of 2021 from ¥2,144,339,171.58 at the end of 2020[21]. - The net assets attributable to shareholders decreased by 5.59% to ¥966,233,846.78 at the end of 2021 from ¥1,023,487,858.05 at the end of 2020[21]. - The company's total assets included cash and cash equivalents of ¥125,358,182.8, which accounted for 6.67% of total assets, down from 11.16%[70]. - Accounts receivable increased to ¥119,202,930.1, representing 6.34% of total assets, up from 4.26%[70]. - The company's inventory stood at ¥15,185,462.88, representing 0.81% of total assets, slightly up from 0.69%[70]. Corporate Governance - The company has a well-defined corporate governance structure, complying with regulations set by the China Securities Regulatory Commission[101]. - The company has a complete organizational structure with independent operational rules for its board of directors and supervisory board[103]. - The company has established an independent financial department with a separate accounting system and tax obligations, ensuring financial independence[104]. - The company has a complete and independent procurement system, not relying on controlling shareholders for material procurement[102]. - The company has a complete and independent sales network, ensuring no reliance on controlling shareholders for product sales[103]. Management and Leadership - Zhang Yibin serves as the chairman and president, with extensive experience in the telecommunications sector since 1985, including roles in various subsidiaries[109]. - The current management team includes professionals with backgrounds in finance, engineering, and academia, contributing to a well-rounded leadership[112][113]. - The company has maintained a stable management structure, with key executives holding their positions for several years, ensuring continuity in leadership[115]. - The company is focused on enhancing its product development capabilities, with a dedicated research and development team led by experienced professionals[112]. Employee and Training - The total number of employees at the end of the reporting period was 152, including 133 from the parent company and 19 from major subsidiaries[126]. - The professional composition of employees includes 57 production personnel, 15 sales personnel, 22 technical personnel, 15 financial personnel, and 43 administrative personnel[127]. - The company has established an annual training plan to enhance management levels and overall employee quality[129]. - The company has implemented a dynamic salary distribution mechanism based on individual work ability and performance, encouraging employees to contribute to the company's operations[128]. Related Party Transactions - The company reported a significant increase in related party transactions, with a total of 4,194.45 million in related party receivables compared to 2,431.1 million in the previous year[151]. - The company faced issues with related party transactions, failing to execute necessary decision-making and disclosure processes, with outstanding amounts as of December 31, 2021[138]. Future Plans - The company plans to continue strengthening and expanding its existing business in 2022, focusing on exploring new market opportunities and forming scale effects[84]. - The company aims to leverage its experience in the telecommunications industry to advance into higher-end products and services[85]. - The company is focused on enhancing its core competitiveness in the photovoltaic sector, which is expected to positively impact its sustainable operating capabilities and profitability[89].