RTGF(SZ:002440)2022-04-29 16:00Financial Performance - The company aims to achieve a total operating revenue of no less than 6 billion RMB and a total profit of no less than 1 billion RMB in 2022[5]. - The profit distribution plan proposes a cash dividend of 3.5 RMB (including tax) for every 10 shares, totaling approximately 393.4 million RMB[11]. - The company's operating revenue for 2021 was ¥5,572,265,054.85, representing a 6.58% increase compared to ¥5,228,130,173.91 in 2020[36]. - The net profit attributable to shareholders for 2021 was ¥835,615,920.37, a 6.02% increase from ¥788,176,752.31 in 2020[36]. - The net profit after deducting non-recurring gains and losses was ¥607,377,790.11, up 9.19% from ¥556,262,543.48 in 2020[36]. - The company achieved a total revenue of 5.57 billion yuan in 2021, representing a year-on-year growth of 6.58%[82]. - The company's net profit attributable to shareholders was 836 million yuan, an increase of 6.02% compared to the previous year[79]. - The total revenue for the company reached 255.66 million, with a significant increase of 5.5% compared to the previous period[166]. - The company reported a net profit of 250.16 million, reflecting a growth of 4.5% year-over-year[166]. Research and Development - The company will continue to invest in research and development of new products and technologies to support market expansion and competitiveness[5]. - The company invested approximately 249.81 million yuan in R&D during the reporting period, resulting in 25 authorized invention patents and 5 utility model patents[77]. - The company has applied for 222 invention patents and 18 utility model patents related to its core technologies in dye production, indicating a strong R&D capability[66]. - The company is focusing on technological innovation and has been recognized as a key enterprise research institute by the Zhejiang Provincial Science and Technology Department[81]. - The company plans to enhance R&D investment and improve production processes to strengthen its competitive edge in the dye industry[138]. - The company has allocated 1.5 million for research and development to enhance product offerings and technology[167]. Market and Industry Dynamics - The company will closely monitor national macroeconomic trends and adjust its development strategies accordingly to mitigate risks from policy changes in the textile dyeing industry[6]. - The company plans to implement flexible strategies to manage market risks, including price fluctuations and increased competition in the dyeing industry[10]. - The company maintains a leading market share in the domestic dye market, ranking among the top two in terms of sales[58]. - The dye industry is highly competitive, with increased domestic supply leading to intensified market competition, potentially resulting in lower sales prices or reduced capacity utilization[148]. - The company is responding to stricter environmental regulations by upgrading production equipment and increasing investment in environmental technology[54]. Environmental and Safety Initiatives - The company emphasizes safety production and will increase investments in safety management, adopting advanced safety management methods[7]. - Environmental protection investments will continue to increase, impacting upstream raw material suppliers and the company's operational strategies[10]. - The company is committed to resource recycling and emission reduction, which has improved operational efficiency and reduced environmental pressure[57]. - The company aims to achieve a green and low-carbon transformation in line with national policies during the "14th Five-Year Plan" period[50]. - The company is committed to increasing environmental protection investments to comply with new regulations and ensure sustainable operations[147]. Operational Efficiency - The company will enhance its procurement strategies to ensure a stable supply of raw materials in response to market trends[10]. - The company has implemented a "backward integration" strategy to extend its industrial chain, reduce production costs, and mitigate the impact of intermediate price fluctuations on operations[57]. - The company has established a complete industrial chain from thermal power, steam, chlorine, and caustic soda to intermediates and dyes, enhancing its market risk resilience[76]. - The company employs a production management model that combines make-to-order for non-standard products and stockpiling for conventional products[62]. - The company has a self-built 30MW cogeneration project to reduce overall electricity costs, with electricity costs accounting for 62% of caustic soda production costs[72]. Financial Management - The company has no fundraising activities during the reporting period, indicating a stable financial position[131]. - The company has not engaged in any major asset or equity sales during the reporting period, maintaining its asset base[132][134]. - The company reported a significant decrease in net cash increase of -¥951,796,624.99, compared to an increase of ¥1,047,082,104.84 in the previous year, reflecting a 190.90% decline[105]. - The company has established risk management measures for derivative trading, including market risk and credit risk assessments[127]. Human Resources - The total number of employees at the end of the reporting period was 5,141, with 491 in the parent company and 4,650 in major subsidiaries[196]. - The professional composition of employees includes 3,659 production personnel, 93 sales personnel, 722 technical personnel, 76 financial personnel, and 591 administrative personnel[196]. - The company has established a competitive compensation and benefits system, including medical assistance funds and special subsidies, to create a favorable working environment for employees[200]. Corporate Governance - The total remuneration for directors, supervisors, and senior management in 2020 was 8.4133 million CNY, while for 2021, it was confirmed to be 7.42 million CNY[181]. - The independent director allowance was set at 120,000 CNY per person per year, as approved by the board[181]. - The company held four board meetings in 2021, with significant resolutions including the approval of the 2021 Q1 report and the 2021 semi-annual report[185]. - The total remuneration for the board members in 2021 was 821.50 thousand CNY, with individual payments varying among members[183].