LPSK(SZ:002333)2022-04-26 16:00Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan in 2021, representing a growth of 20% compared to the previous year[14]. - The net profit for the year was recorded at 300 million yuan, which is a 15% increase year-on-year[14]. - The company's operating revenue for 2021 was ¥1,443,023,624.24, representing a 71.84% increase compared to ¥839,763,454.35 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥33,650,476.45, a 25.21% increase from ¥26,875,325.94 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥19,414,957.13, up 6.96% from ¥18,152,329.81 in 2020[20]. - The company's total assets increased by 38.78% to ¥2,268,100,309.31 at the end of 2021, compared to ¥1,634,341,240.25 at the end of 2020[20]. - The net assets attributable to shareholders rose by 37.36% to ¥1,776,894,401.40 at the end of 2021, from ¥1,293,642,845.54 at the end of 2020[20]. - The company reported a negative net cash flow from operating activities of ¥225,904,948.64 in 2021, worsening from a negative cash flow of ¥81,626,015.99 in 2020[20]. - The company achieved a revenue of CNY 1,443.02 million, representing a year-on-year growth of 71.84%[47]. - Net profit attributable to shareholders reached CNY 33.65 million, an increase of 25.21% compared to the previous year[47]. Market Expansion and Strategy - The company plans to expand its market presence by entering new regions, targeting a 10% increase in market share over the next two years[18]. - The company aims to launch two new products in the next fiscal year, projected to contribute an additional 200 million yuan in revenue[18]. - The company plans to expand its business into testing and inspection services, as well as smart city construction, to promote sustainable development[29]. - The company is positioned as a leading player in the smart building sector, with a focus on integrating technology into urban infrastructure projects[33]. - The company plans to enter international markets, aiming for a 15% contribution to total revenue from overseas operations by 2025[120]. - The company aims to enhance its market share in high-end applications of new alloy materials in new infrastructure, high-end manufacturing, and green buildings[95]. - The company plans to optimize existing businesses and accelerate the production and R&D of new aluminum materials based on market and customer needs[95]. Research and Development - Research and development expenses increased by 25%, amounting to 100 million yuan, focusing on new material technologies[18]. - Research and development expenses amounted to CNY 43.60 million, accounting for 3.02% of total revenue[48]. - The company holds 32 software copyrights and 228 valid patents, participating in the formulation of 11 national and industry standards[48]. - The company has completed the development of a new aluminum alloy profile with antibacterial properties, achieving over 99.99% bacteria elimination[62]. - The company has successfully developed a smart control system for energy-saving windows, allowing automatic opening and closing through facial recognition and mobile app control[62]. - The company is enhancing its product offerings with an AR/VR-based digital twin visualization platform, aimed at enriching its intelligent product series and increasing market share[63]. Acquisitions and Investments - The company completed a share transfer, with the controlling shareholder now holding 45.97% of the total shares[18]. - The company acquired 100% equity of Fangzheng Testing, which ranks among the top three in the Suzhou construction testing market, maintaining a leading position in the industry[35]. - The acquisition of Zhongyifeng Technology contributed an additional CNY 223.94 million in revenue, while the acquisition of Fangzheng Testing added CNY 92.30 million[47]. - The company completed the acquisition of a controlling stake in Fangzheng Testing, enhancing its capabilities in intelligent engineering and testing services[79]. - The company acquired 100% of Suzhou Fangzheng Engineering Technology Development Testing Co., expanding its business scope[56]. Financial Management and Governance - The company has engaged Tianzhi International Accounting Firm for auditing services, ensuring compliance and accuracy in financial reporting[19]. - The company has a robust internal control system and actively manages investor relations[107]. - The company reported zero significant defects in financial and non-financial internal controls for the year 2021[150]. - The company has not engaged in any related party transactions that would compromise its independence[108]. - The company has established a three-year shareholder return plan (2020-2022) that was approved by the board and shareholders, focusing on enhancing transparency in shareholder returns[140]. Environmental Responsibility - The company is classified as a key pollutant discharge unit and has implemented measures to ensure compliance with environmental standards[155]. - The company has established an emergency response plan for environmental incidents, which was filed with the environmental bureau[157]. - The company’s wastewater treatment processes include membrane separation and resin adsorption to meet discharge standards[155]. - The company has successfully passed environmental inspections by local authorities, demonstrating its commitment to corporate social responsibility[155]. Human Resources and Management - The total number of employees at the end of the reporting period was 924, with 481 in the parent company and 443 in major subsidiaries[135]. - The company implemented a salary policy based on performance evaluation, linking floating wages to actual work performance[136]. - The company established a training center to enhance the skills of management and technical personnel, promoting sustainable development[138]. - The company has a diverse board of directors, including independent directors[110]. Future Outlook - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[115]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative building materials[116]. - A strategic acquisition of a local competitor is anticipated to enhance operational capabilities and increase revenue by 5%[118].