GHKJ(SZ:002741)2022-04-20 16:00Financial Performance - The company's operating revenue for 2021 was ¥2,580,095,761.16, representing a 28.09% increase compared to ¥2,014,264,550.37 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥62,296,122.55, a significant increase of 72.40% from ¥36,134,820.48 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥40,725,741.82, which is a 185.26% increase compared to ¥14,276,648.05 in 2020[22]. - The basic earnings per share for 2021 was ¥0.16, up 60.00% from ¥0.10 in 2020[22]. - The diluted earnings per share for 2021 was also ¥0.16, reflecting a 77.78% increase from ¥0.09 in 2020[22]. - Total revenue for the year reached approximately CNY 2.58 billion, with a year-on-year growth of 30%[26]. - Net profit attributable to shareholders for the year was CNY 62.3 million, representing a decrease of 15% compared to the previous year[26]. - The company reported a net cash flow from operating activities of CNY 44.2 million for the year, a significant improvement from a negative cash flow in the previous year[26]. - The company’s core technologies include multi-level series extraction and purification, which are critical for maintaining product quality and meeting customer specifications[38]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 0.30 RMB per 10 shares to all shareholders, based on a total of 393,360,743 shares[4]. - The company distributed a cash dividend of 0.30 yuan per 10 shares, totaling 11,800,822.29 yuan, which represents 100% of the profit distribution amount[159]. - The company has not proposed any cash dividend distribution plan despite having a positive distributable profit[159]. Research and Development - The company has a dedicated research institute for technological advancements in the chemical and battery sectors[12]. - The company is focusing on R&D for new PCB chemical products to enhance its competitive edge in the electronics manufacturing sector[37]. - The company’s R&D investment accounted for over 4.6% of operating revenue, focusing on enhancing technological advantages in application industries[69]. - The company has established a high-level R&D team, ensuring its technology development remains at the forefront of the industry, which is crucial for maintaining market competitiveness[110]. - The company is advancing research on high-frequency circuit materials for 5G applications, establishing a strategic technology layout in this field[86]. Market and Industry Position - The company is focused on the development of lithium-ion battery materials, which are crucial for electric vehicles and energy storage systems[12]. - The company plans to expand its market presence in the semiconductor materials sector, anticipating a compound annual growth rate of 6.45% in electronic chemical demand by 2030[33]. - The company recorded a significant increase in the sales of lithium iron phosphate batteries, which accounted for 51.7% of total battery installations in 2021, with a year-on-year growth of 227.4%[34]. - The company has identified the recycling of retired lithium batteries as a key growth area, with an expected recovery capacity of 137.4 GWh by 2025[36]. - The company has established a nationwide marketing network with sales centers in major cities and actively participates in various industry exhibitions to enhance brand visibility[55]. Environmental and Social Responsibility - The company has reported a commitment to environmental and social responsibilities in its operations[5]. - The company is committed to green development and resource recycling, focusing on reducing environmental pollution and production costs through innovative technologies[59]. - The company has successfully implemented measures to ensure all emissions are within regulatory limits, demonstrating commitment to environmental standards[175]. - The company actively participates in social welfare activities, including establishing scholarships at several universities[184]. Governance and Compliance - The company emphasizes the importance of accurate financial reporting and has ensured the authenticity and completeness of the annual report[3]. - The governance structure complies with relevant laws and regulations, with no significant discrepancies identified[124]. - The company has established a fair and transparent performance evaluation and incentive system, linking the income of management and employees to business performance[122]. - The company has implemented a comprehensive safety management system, including regular safety checks and training programs[187]. Risks and Challenges - The company faces risks including new product and technology development, intensified competition in the lithium battery material recycling industry, raw material price fluctuations, and environmental risks[4]. - The company is aware of the risks associated with rapid technological changes in the lithium-ion battery industry and is committed to continuous innovation to meet market demands[110]. - The company is facing increased competition in the lithium battery material recycling sector, necessitating a focus on talent acquisition and strategic adjustments to enhance its market position[110]. Financial Management - The company has established an independent financial department, implementing a complete financial accounting system and making independent financial decisions[126]. - The company has maintained its accounting firm, Zhonghua Accounting Firm, for 2 consecutive years, with an audit fee of 980,000 RMB[200]. - The company has not faced any violations regarding external guarantees during the reporting period[196]. Employee and Talent Management - The total number of employees at the end of the reporting period was 1,289, including 877 at the parent company and 412 at major subsidiaries[154]. - The company emphasizes employee rights and development, providing training and career planning to enhance employee satisfaction[183]. - The training program focuses on talent development, including leadership and professional skills enhancement, to support the company's strategic goals[157].