YAWEI(SZ:002559)2022-03-30 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on a total of 556,233,553 shares[4]. - The company’s net profit attributable to shareholders for 2021 was CNY 129,657,207.79, with a distributable profit of CNY 523,046,237.99 after statutory surplus reserves[140]. - The company plans to distribute a cash dividend of CNY 1.50 per share (including tax), totaling CNY 83,435,032.95, which represents 100% of the total profit distribution[141]. - The total share capital as of March 29, 2022, was 556,723,012 shares, with 556,233,553 shares eligible for the dividend distribution after excluding treasury shares[141]. - The company did not propose any stock dividends or capital reserve transfers for this profit distribution[141]. Financial Performance - The company's operating revenue for 2021 was CNY 1,999,142,632.06, representing a 22.00% increase compared to 2020[6]. - The net profit attributable to shareholders for 2021 was CNY 129,657,207.79, a decrease of 4.41% from the previous year[6]. - The net cash flow from operating activities decreased by 36.33% to CNY 164,717,318.82 in 2021[6]. - The company's total assets increased by 10.80% to CNY 4,154,067,641.31 at the end of 2021[6]. - Overall revenue for the company reached 1.999 billion yuan, an increase of 22.00% compared to the previous year[43]. Market Expansion and Innovation - The company reported a significant focus on market expansion and technological innovation in its future outlook[4]. - The company aims to enhance its market position in precision laser processing equipment through increased promotion and self-research of core components[29]. - The company is focusing on developing smart manufacturing solutions, integrating hardware, software, and cloud services[30]. - The company is committed to expanding its market share in the automation equipment sector, achieving revenue of CNY 294,000,000[32]. - The company is actively involved in the development of new technologies and products, enhancing its market competitiveness[121]. Risk Management - The company emphasizes the importance of risk awareness among investors regarding market, management, technology, and integration risks[4]. - The company faces market risks due to complex international macroeconomic conditions and rising raw material prices, which may impact profitability[90]. - Management risks are anticipated as the company expands, necessitating the optimization of governance and management systems[91]. - Integration risks may arise from investments and acquisitions due to differences in management styles and corporate cultures[93]. Governance and Compliance - The company has established a governance structure that includes a board of directors with nine members, of which three are independent directors, ensuring compliance with regulatory requirements[99]. - The company has a supervisory board consisting of three members, which monitors the actions of directors and senior management, ensuring financial oversight[100]. - The company adheres to strict information disclosure practices, ensuring timely and accurate communication with investors through designated platforms[101]. - The company has implemented a robust internal control system to enhance governance and protect investor interests[98]. - The company’s governance practices align with the regulations set forth by the China Securities Regulatory Commission, with no significant discrepancies noted[101]. Research and Development - The company completed several key R&D projects, including the development of high-precision servo pressure machines and intelligent laser cutting systems[63]. - The R&D team is focusing on flexible intelligent stamping equipment to meet diverse market demands[63]. - The number of R&D personnel grew by 10.37% to 330 in 2021 from 299 in 2020[64]. - R&D investment accounted for 6.15% of operating revenue in 2021, down from 7.38% in 2020, a decrease of 1.23%[65]. - The company has been recognized as a "National Technology Innovation Demonstration Enterprise" and has received 302 patents, including 40 invention patents[38]. Employee Management - The total number of employees at the end of the reporting period was 1,826, with 1,411 in the parent company and 415 in major subsidiaries[131]. - The company has a professional composition of 914 production personnel, 342 sales personnel, 330 technical personnel, 25 financial personnel, and 215 administrative personnel[131]. - Employee welfare initiatives include interest-free loans for students, housing subsidies, and free dormitories to enhance employee belonging[158]. - The company emphasizes a performance-based compensation system, ensuring that high performers receive more rewards, thereby motivating employees[133]. - The company has a training management system in place to improve employee skills and capabilities, focusing on both internal talent development and external recruitment[134]. Strategic Initiatives - The company aims for steady and rapid growth in business scale, focusing on the metal forming machine tool industry and integrating precision automation equipment for display panels, semiconductors, and new energy sectors[82]. - The company plans to enhance its sales strategy by refining domestic market regions and expanding international sales coverage, targeting key industries such as automotive and new energy[85]. - Continuous investment in new product sales strategies is expected to drive growth in products like four-sided bending machines and precision laser processing equipment[85]. - The management has set ambitious performance guidance for the upcoming fiscal year, aiming for a significant increase in revenue[113]. - The company is dedicated to enhancing shareholder value through strategic initiatives and operational excellence[113]. Shareholder Relations - The company conducted multiple investor communications throughout 2021, including meetings with various securities and investment institutions to discuss its development status and future plans[94]. - The company has engaged in extensive investor relations activities, including on-site visits and telephonic communications, to maintain transparency and foster investor trust[95]. - The company has established a three-year shareholder return plan (2021-2023) to enhance the transparency and operability of its profit distribution policy[137]. - The company has maintained a consistent attendance record at shareholder meetings, with all directors participating[125]. - The company has no reported risks during the supervisory activities of the supervisory board in the reporting period[130]. Environmental Responsibility - The company has established a comprehensive environmental management system, achieving a green factory standard with 33% of the area greened[156]. - The company invested over 10 million yuan in facilities to achieve ultra-low emissions of VOCs, complying with international standards[156]. - The company has not yet initiated poverty alleviation or rural revitalization efforts but plans to respond positively to national strategies in the future[161]. - The company has actively engaged in social responsibility, ensuring shareholder rights and maintaining transparent communication through various channels[157]. Financial Management - The company has engaged in wealth management, with a total of 366 million RMB in bank financial products and an amount of 190 million RMB currently outstanding[192]. - The company has received government subsidies, details of which can be found in the relevant announcements[195]. - The company has not faced any bankruptcy reorganization or major litigation during the reporting period[173][174]. - The integrity status of the company and its major shareholder is good, with no significant debts overdue[176]. - There were no significant related party transactions during the reporting period[177][178][179][180][181][182].