GHKJ(SZ:002741)2022-05-31 16:00Financial Performance - The company reported a profit distribution plan of cash dividends of 0.30 RMB per 10 shares, based on a total of 393,360,743 shares[4]. - 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 total assets at the end of 2021 were ¥3,031,813,593.79, reflecting a 10.62% increase from ¥2,740,782,660.35 at the end of 2020[22]. - The net assets attributable to shareholders increased by 22.65% to ¥1,578,767,669.50 at the end of 2021, compared to ¥1,287,187,306.88 at the end of 2020[22]. - The total revenue for 2021 reached ¥2,580,095,761.16, representing a year-on-year increase of 28.09% compared to ¥2,014,264,550.37 in 2020[74]. - PCB chemical revenue reached CNY 170,006.80 million, growing by 63.85% compared to the previous year[68]. - The net profit attributable to shareholders was CNY 6,229.61 million, reflecting a 72.40% year-on-year increase, with a normalized profit of CNY 7,481.78 million, up 107.05%[68]. Market and Industry Trends - The demand for electronic chemicals in China was 1.25 million tons in 2020, projected to grow to 2.30 million tons by 2030, reflecting a compound annual growth rate of 6.45%[33]. - In 2021, domestic new energy vehicle sales reached 3.52 million units, a year-on-year increase of 160%[33]. - The total installed capacity of power batteries in China for 2021 was 154.5 GWh, a year-on-year growth of 142.8%[34]. - The market for chemical reagents is expected to grow at an annual rate of 10-15%, with demand reaching 10 billion units[35]. - The number of new energy vehicles in China reached 7.84 million by the end of 2021, a 59.25% increase from the previous year[36]. Product Development and Innovation - The company is focused on expanding its market presence and enhancing its product offerings in the lithium battery sector[4]. - The company specializes in lithium battery materials, producing stable quality products with high density and cycle stability, including ternary precursors and materials, lithium iron phosphate, and nickel-cobalt-manganese lithium series products[38]. - The company has accumulated rich experience in the separation, purification, and synthesis of chemical reagents, which are essential for modern economic construction and scientific research[38]. - The company is focusing on the development of lithium battery materials, which are crucial for the growing electric vehicle market[33]. - The company has developed key technologies for specialized chemical production, achieving advanced levels both domestically and internationally[63]. - The company emphasizes technological innovation and new product development, particularly in 5G and new energy materials, to maintain a competitive edge in the market[107]. Environmental Compliance and Sustainability - The company has implemented effective measures to manage environmental risks associated with waste emissions, ensuring compliance with environmental regulations[112]. - The company is focused on continuous improvement in pollution control technologies to align with stricter environmental regulations[173]. - The company reported a total wastewater discharge of 114.96 tons of COD and 8.15 tons of ammonia nitrogen, both within the regulatory limits[172]. - The company achieved a total nickel discharge of 0.04 tons, which is compliant with the local water pollutant discharge standards[172]. - The company maintained a particulate matter emission level of 15.43 mg/m³, which is below the allowable limit set by the atmospheric pollution discharge standards[173]. - The company is committed to sustainable practices and aims to minimize its environmental footprint through innovative solutions[173]. Corporate Governance and Management - The company emphasizes the importance of accurate financial reporting and has ensured the integrity of its annual report[3]. - The company has established a fair and transparent performance evaluation and incentive system, linking the income of management and employees to business performance[121]. - The governance structure complies with relevant laws and regulations, with no significant discrepancies identified[123]. - The company has improved its corporate governance practices, enhancing operational transparency and compliance[119]. - The company has established specialized committees within the board to enhance governance and decision-making processes[120]. - The company has maintained an independent operational capability, ensuring no non-operational fund transfers with controlling shareholders[119]. Research and Development - R&D investment accounted for over 4.6% of operating revenue, with a focus on enhancing technical advantages in application industries[69]. - The number of R&D personnel rose by 9.13% to 227 in 2021, with a significant increase in master's degree holders by 80% to 36[86]. - The company has established multiple research and development platforms, including a national enterprise technology center, to enhance its innovation capabilities and support major technological research[64]. - The company has a strong emphasis on innovation, with several patents filed and granted, showcasing its commitment to technological advancement[134]. Financial Management and Risks - The company has implemented strategies to mitigate financial risks and enhance operational stability, as noted by the independent directors[146]. - The company acknowledges risks related to the rapid technological updates in the lithium-ion battery industry, which could impact its market competitiveness if not addressed[109]. - The company is aware of intensified competition in the lithium battery material recycling sector, driven by increased participation from state-owned enterprises and private capital[109]. - The company has no significant equity investments or securities investments during the reporting period[101][102]. Employee Relations and Social Responsibility - The company emphasizes employee rights and development, providing training and career planning to enhance employee satisfaction and skills[182]. - The company actively participates in social welfare activities, including establishing scholarships at several universities[183]. - The company has implemented a stock option incentive plan, granting 19,025,000 stock options to 146 participants, with the grant date set for July 6, 2021[159]. - The company is committed to maintaining compliance with regulatory requirements and protecting the rights of minority shareholders[146].