御银股份(002177) - 2021 Q4 - 年度财报

Financial Performance - The net profit for the year 2021 was -61,761,252.29 RMB, with total operating revenue of 89,463,376.82 RMB[5]. - The company's operating revenue for 2021 was ¥89,463,376.82, a decrease of 50.94% compared to ¥182,349,931.14 in 2020[19]. - The net profit attributable to shareholders for 2021 was -¥61,761,252.29, representing a decline of 186.07% from ¥71,756,896.38 in 2020[19]. - The net cash flow from operating activities decreased by 85.02% to ¥8,784,044.16 in 2021, down from ¥58,629,917.61 in 2020[19]. - The company's total profit was -¥50,048,406.58, representing a decline of 162.32% year-on-year[39]. - The company reported a negative net profit for the last three accounting years, indicating ongoing financial challenges[20]. - The company reported a significant loss in securities investments, impacting overall profitability across several subsidiaries[81]. - The overall financial performance indicates challenges, with several subsidiaries reporting negative net profits[78]. Risk Factors - The company is at risk of being delisted as its net profit is negative and operating revenue is below 100 million RMB, triggering a warning for its stock trading[5]. - The company emphasizes the importance of risk awareness among investors regarding its future plans and forecasts[5]. - The company has detailed potential risks and countermeasures in its annual report, which investors should pay attention to[5]. - The company faces intensified competition in the financial technology sector due to the rapid digital transformation of financial institutions[84]. - The company’s stock was subject to delisting risk warnings due to 2021 audited revenue being below RMB 100 million and a negative net profit attributable to shareholders[86]. Corporate Governance - The company strictly adheres to the requirements of the Company Law and relevant regulations, ensuring no discrepancies in governance practices[96]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[93]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring no interference in decision-making[97]. - The company has established a reasonable performance evaluation and incentive system linking management and employee compensation to business performance[93]. - The company has a dedicated internal audit department that conducts audits and supervises financial operations, ensuring compliance with internal controls[95]. - The company has independent financial management and accounting systems, with no shared bank accounts with the controlling shareholder[99]. - The company actively engages in investor relations, ensuring transparent and timely information disclosure to all shareholders[95]. - The company has completed the election of the supervisory board, which consists of 3 members, ensuring compliance with governance standards[93]. Operational Strategy - The company is actively seeking transformation and adjusting its product structure in response to the declining traditional financial equipment market[31]. - The company has identified digitalization and intelligence as key development directions in the financial market[31]. - The company is focusing on enhancing financial services efficiency and inclusivity through financial technology strategies[32]. - The company aims to enhance its core competitiveness through diversified development and innovation, focusing on financial technology and industrial park operations[82]. - The company plans to explore transformation opportunities by leveraging big data, AI, blockchain, and IoT technologies to improve profitability and sustainable development[82]. - The company will expand its operational management of technology parks, with new revenue streams expected from the Yuyin Industrial Park in 2022[83]. Subsidiary Performance - The total revenue from the main subsidiaries significantly impacted the net profit, with some subsidiaries reporting losses[78]. - The subsidiary Guangzhou Yuyin Automatic Teller Machine Technology Co., Ltd. had a total asset value of 117,541,114.14 RMB and a net profit of -3,143,104.34 RMB[78]. - The subsidiary Guangzhou Yuxin Software Co., Ltd. generated a net profit of 1,297,304.29 RMB from total assets of 105,404,926.86 RMB[78]. - Guangzhou Yuyin Intelligent Technology Co., Ltd. experienced a 71.87% decline in revenue, with operating profit and net profit decreasing by 302.13% and 192.78% respectively, attributed to reduced maintenance income[81]. - Guangzhou Yuyin Software Co., Ltd. saw a significant drop in revenue, operating profit, and net profit by 96.09%, 107.24%, and 106.60% respectively, due to decreased software sales and investment losses[81]. Employee and Management Information - The total number of employees at the end of the reporting period is 199, with 70 from the parent company and 129 from major subsidiaries[120]. - The company has a total of 199 employees receiving salaries, with 56 in technical roles and 20 in finance[120]. - The management team includes individuals with extensive experience in finance and technology sectors, enhancing the company's strategic direction[108]. - The company has a diverse management team with various roles across multiple subsidiaries and affiliated companies[108]. Financial Reporting and Audit - The audit opinion for the financial statements was a standard unqualified opinion, indicating that the financial statements fairly reflect the company's financial position and results of operations for the year ended December 31, 2021[197]. - The audit was conducted by Lixin Certified Public Accountants, with the audit report signed on April 27, 2022[195]. - The company reported zero significant defects in financial and non-financial reporting for the year 2021[132]. - The internal control self-evaluation report was disclosed on April 29, 2022, covering 100% of the company's consolidated financial statement assets[131]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 165,103, compared to 127,230 at the end of the previous month[184]. - Major shareholder Yang Wenjiang holds 122,641,574 shares, accounting for 16.11% of the total share capital[185]. - The company reported a total distributable profit of approximately ¥611.05 million, with cash dividends accounting for 100% of the profit distribution[127]. - The cash dividend policy was executed with a distribution of ¥0.10 per 10 shares, totaling approximately ¥7.61 million distributed to shareholders[126].