WMM(SZ:002149)2022-04-13 16:00Financial Performance - The company reported a total revenue of 488,214,274 RMB for the year, with a cash dividend of 1.00 RMB per 10 shares distributed to all shareholders[8]. - The company's operating revenue for 2021 was ¥2,394,570,076.87, representing an 18.00% increase compared to ¥2,029,344,039.81 in 2020[28]. - The net profit attributable to shareholders for 2021 was ¥133,051,503.11, a significant increase of 67.55% from ¥79,408,077.48 in 2020[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥104,650,716.31, up 141.21% from ¥43,385,888.97 in 2020[28]. - The company's basic earnings per share for 2021 was ¥0.2725, a 45.96% increase from ¥0.1867 in 2020[28]. - The total operating revenue for the year 2021 reached ¥2,394,570,076.87, representing an 18.00% increase compared to ¥2,029,344,039.81 in 2020[66]. - The company achieved a revenue of 2.395 billion yuan in 2021, representing an 18.00% year-on-year growth[47]. - The net profit attributable to shareholders reached 133 million yuan, a significant increase of 67.55% compared to the previous year[47]. Operational Stability - The company has not experienced any changes in its main business since its listing, indicating stability in operations[26]. - The company has not changed its registered address during the reporting period, maintaining its operations in Xi'an Economic and Technological Development Zone[26]. - The company is under the control of Shaanxi Provincial Finance Department, with Northwest Institute of Nonferrous Metal Research as the controlling shareholder[17]. - The company has engaged Sigma Accounting Firm for auditing services, ensuring the accuracy and completeness of financial reports[27]. - The company has a total of 15 subsidiaries, contributing to its diversified operations in the metal materials sector[17]. Research and Development - Research and development expenses totaled 120 million yuan, accounting for 5.03% of the total revenue[53]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product efficiency[162]. - The company aims to optimize its R&D system and increase investment in R&D, focusing on key breakthroughs and establishing an incentive mechanism for R&D spending[123]. - The company has been awarded 513 patents and has established 25 technology innovation platforms, enhancing its core competitiveness[59]. - The company is enhancing its R&D capabilities by accelerating the manufacturing, installation, and commissioning of key laboratory equipment such as vacuum shell furnaces and ultrasonic precision spraying machines[130]. Market Expansion and Strategy - The company aims to enhance its core competitiveness by focusing on high-end, differentiated development in various sectors, including aerospace and nuclear power[45]. - The company has achieved stable mass production of various specifications of titanium alloy plates for aerospace applications, further expanding its market share in the military sector[44]. - The company plans to reduce the investment amount for the domestic nuclear power core material project from 35,000 million to 13,814.94 million, reallocating the remaining funds to supplement working capital[113]. - The company aims to enhance its market presence in the environmental protection sector, leveraging the growing demand for metal filter bags and advanced technologies for dust removal[120]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential deals[162]. Corporate Governance - The company has maintained a stable board of directors with no changes in shareholding for all members during the reporting period[149]. - The company has a diverse management team with backgrounds in engineering, finance, and academia[154]. - The company has not experienced any resignations or dismissals of board members or senior management during the reporting period[152]. - The company continues to focus on stability in its leadership structure to support future growth initiatives[154]. - The company has a structured decision-making process for determining the remuneration of senior management[174]. Investment and Financial Management - The total amount spent on research and development in 2021 was approximately 120.38 million yuan, a 29.67% increase from 2020[83]. - The total cash inflow from investment activities increased by 31.99% to approximately 5.96 million yuan, while cash outflow surged by 129.46% to approximately 298 million yuan[84]. - The company reported a total investment of 168,599.38 million yuan in committed projects, with an actual investment of 141,099.38 million yuan, achieving a progress rate of 83.67%[105]. - The company has achieved a significant investment progress in various projects, with some projects reaching their intended usable status ahead of schedule[109]. - The company has not encountered any issues or other situations regarding the use and disclosure of raised funds[108]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,688, with 1,016 in production, 77 in sales, 460 in technology, 47 in finance, and 88 in administration[193]. - The company has established a high-end talent team of over 200 members, including PhDs and Masters, to support sustainable development[60]. - The company conducted training programs in 2021 to improve employee skills and business capabilities, expanding partnerships with various universities[195]. - The average age of the current board members is 56 years, indicating a mature leadership team[154]. - The company has implemented a salary policy based on fairness and performance evaluation to enhance employee motivation[194].