BOSHI(SZ:002698)2022-04-14 16:00Financial Performance - The company reported a total revenue of 1,022,550,000 shares for the year 2021, with a cash dividend of 2.50 yuan per 10 shares distributed to all shareholders[8]. - The company's operating revenue for 2021 was ¥2,112,954,813.09, representing a 15.59% increase compared to ¥1,827,912,892.55 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥490,327,299.72, a 20.96% increase from ¥405,370,652.33 in 2020[29]. - The net cash flow from operating activities reached ¥399,773,130.75, marking a significant increase of 171.94% compared to ¥147,006,474.65 in 2020[29]. - The total assets at the end of 2021 were ¥4,901,945,419.82, up 7.10% from ¥4,576,810,168.61 at the end of 2020[32]. - The net assets attributable to shareholders increased by 12.11% to ¥2,879,793,106.39 at the end of 2021, compared to ¥2,568,750,413.53 at the end of 2020[32]. - The basic earnings per share for 2021 was ¥0.4795, reflecting a 20.96% increase from ¥0.3964 in 2020[29]. - The company reported a weighted average return on equity of 18.02% for 2021, an increase from 16.83% in 2020[29]. - The company's revenue for 2021 reached RMB 21.13 billion, with a net profit attributable to shareholders of RMB 4.90 billion, showing a consistent growth trend over the years[71]. Market Expansion and Development - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and equipment[18]. - Future development plans include addressing potential risk factors in operations, which are detailed in the report[8]. - The company plans to leverage advanced technologies in its product development, including robotics and automated systems[18]. - The company is actively exploring opportunities for mergers and acquisitions to enhance its competitive position in the market[18]. - The company aims to leverage the growing demand for smart manufacturing solutions, responding to the urgent needs of the post-pandemic era and the "Made in China 2025" initiative[47]. - The company is focusing on expanding its market presence and enhancing its product offerings in response to post-pandemic industrial demands[110]. Environmental Responsibility - The report outlines the company's commitment to environmental responsibility and the development of sustainable technologies[18]. - The company is actively involved in environmental protection projects, including the treatment and recycling of industrial waste acids, contributing to carbon peak and carbon neutrality goals[51]. - The company is committed to achieving significant improvements in energy efficiency and pollution reduction as part of the national green development strategy[54]. Research and Development - The company has increased its R&D personnel by 40.48% from 252 in 2020 to 354 in 2021, with the proportion of R&D staff rising from 20.16% to 24.67%[149]. - Research and development expenses rose by 23.95% year-on-year, totaling ¥88,753,584.15, indicating a focus on innovation[143]. - The company's R&D investment amounted to ¥88,753,584.15 in 2021, an increase of 23.93% from ¥71,605,651.09 in 2020, with R&D expenses accounting for 4.20% of operating revenue[152]. Intelligent Manufacturing - The company is focusing on the development of digital intelligent manufacturing equipment based on 5G and industrial internet technologies, enhancing its application scenarios in intelligent manufacturing[181]. - The company has developed a solid material post-processing intelligent manufacturing solution, applicable to various material types, aiding in smart and efficient production[185]. - The company is advancing an intelligent factory solution that utilizes multidisciplinary technologies to enhance digital transformation and achieve efficient production[188]. - The company has developed an intelligent manufacturing solution for electric furnace smelting, significantly improving production safety and capacity through the use of high-temperature robotic systems[196]. - The company is continuously innovating in high-temperature special robots for applications in silicon iron, silicon manganese, and industrial silicon furnaces, achieving phased results[196]. Operational Efficiency - The company is investing in automation and intelligent manufacturing equipment to improve operational efficiency[18]. - The company aims to implement intelligent factory solutions in phases, which will contribute to its ongoing industrialization progress[81]. - The introduction of an intelligent automatic loading and transportation system is anticipated to enhance loading efficiency and reduce logistics costs significantly[149]. - The development of a fully automated ton bag packaging system aims to double the production capacity compared to manual operations, significantly enhancing efficiency and product quality[149]. Revenue Sources and Customer Base - The company's industrial service revenue reached over 500 million RMB, marking a year-on-year growth of 23.06%, accounting for nearly 30% of total revenue[48]. - The contribution of intelligent manufacturing equipment and industrial services to the company's overall revenue is 89%, with intelligent manufacturing equipment alone accounting for 59.94% of total revenue[107]. - The total sales amount from the top five customers reached ¥964,606,551.03, accounting for 45.65% of the annual total sales[139]. - The company's total revenue from the top five customers indicates a strong reliance on a limited customer base, with no related party sales reported[139]. Challenges and Risks - The company faces challenges related to labor shortages, high safety production costs, low standardization, unstable product quality, high operational risks, and insufficient capacity utilization[193].