大连电瓷(002606) - 2021 Q4 - 年度财报

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 156,672,192.81 for the year 2021, with the parent company reporting a net profit of RMB 65,204,691.78[182]. - The total distributable profit for the parent company was RMB 347,065,104.24 after accounting for the beginning retained earnings and other comprehensive income[182]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year, representing a 20% year-over-year growth[149]. - The company plans to enhance its operational capabilities by focusing on technological innovation and equipment upgrades, aiming for cost reduction and efficiency improvement[105]. - The company provided guidance for the next fiscal year, projecting a revenue growth of 25% to 1.875 billion RMB[149]. Dividend Distribution - The company plans to distribute a cash dividend of 0.36 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[5]. - The company reported a total of 43,863,422,000 shares as the basis for the cash dividend distribution[178]. - The total estimated cash distribution is RMB 15,818,083.92, with no capital reserve conversion into share capital planned[182][179]. Shareholder and Governance Structure - The company has established a robust governance structure to ensure compliance with regulations and improve operational transparency[126]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal requirements[128]. - The supervisory board is composed of 3 members, including 1 employee representative, meeting legal standards[129]. - The company maintains complete independence in business operations, with no reliance on the controlling shareholder[134]. - The company has a dedicated human resources department, managing personnel independently without interference from major shareholders[136]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[5]. - The company is actively addressing potential risks, including those related to the pandemic, to safeguard its operations[110]. - The COVID-19 pandemic has created uncertainties in the company's future operating environment, affecting material turnover and supply chain operations, particularly in overseas markets[111]. - The company faces potential risks from macroeconomic changes that could lead to a decline in market demand for its products, especially in the high-voltage power grid investment sector[112]. Research and Development - R&D investment was increased, leading to the development of new products such as "24kV/36kV epoxy composite transformer bushing" and "24kV/36kV drop fuse" while obtaining 12 utility model patents[50]. - The number of R&D personnel increased by 14.38% to 167, with a higher proportion of staff holding bachelor's degrees[67]. - In 2021, the company's R&D investment amounted to ¥56,232,845.75, an increase of 22.29% compared to ¥45,983,194.72 in 2020, representing 6.02% of operating revenue[68]. Market Position and Strategy - The company operates in the electrical machinery and equipment manufacturing industry, focusing on the production of insulators, which is a key component in power transmission[29]. - The company has established stable business partnerships with nearly 100 countries, becoming the largest manufacturer of porcelain insulators in China[36]. - The company is positioned to benefit from the ongoing high demand in the power grid industry, particularly in the high-end insulator segment driven by ultra-high voltage construction[34]. - The company aims to leverage the "dual carbon" strategy and the explosive growth of the new energy market to expand its market presence in the insulator manufacturing sector[105]. Production and Operational Efficiency - The company upgraded its production capabilities by introducing multiple automated machines, resulting in improved production efficiency despite increased production pressure[49]. - The company has implemented lean manufacturing practices to enhance product quality and reduce costs, utilizing automation and information technology[109]. - The company has a comprehensive sales and service system, enhancing customer experience and trust in both domestic and international markets[42]. Environmental Responsibility - The company has implemented measures to address environmental responsibilities, with emissions from various pollutants reported within regulatory limits[199]. - The company utilizes natural gas as a clean energy source for production, with actual emissions detected during routine atmospheric testing being below standard limits or undetectable[200]. - The annual report highlights the company's commitment to sustainable practices, which may enhance its market position and appeal to environmentally conscious investors[200]. Employee Management and Compensation - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 4.3914 million[162]. - The company has implemented a performance-based salary system, combining basic and performance wages, along with various allowances to support employee living standards[176]. - The company has established a training system focused on enhancing employee capabilities and performance, with a variety of training programs conducted in 2021[177].