兆威机电(003021) - 2021 Q4 - 年度财报

Financial Performance - The company reported a cash dividend of 2.00 RMB per 10 shares for all shareholders based on a total share capital of 171,434,720 shares as of December 31, 2021[5]. - The company's operating revenue for 2021 was ¥1,139,999,360.37, a decrease of 4.61% compared to 2020[27]. - The net profit attributable to shareholders for 2021 was ¥147,546,018.95, down 39.71% from the previous year[27]. - The net profit after deducting non-recurring gains and losses was ¥123,518,687.05, a decline of 46.78% year-over-year[27]. - The basic earnings per share for 2021 was ¥0.86, representing a decrease of 53.76% compared to 2020[29]. - The total assets at the end of 2021 were ¥3,262,905,872.30, an increase of 4.77% from the end of 2020[29]. - The weighted average return on equity for 2021 was 5.29%, down from 25.27% in 2020[29]. - The company reported a total of ¥24,027,331.90 in non-recurring gains for 2021, compared to ¥12,637,942.00 in 2020[37]. - In 2021, the company achieved revenue of CNY 1,139.99 million, a decrease of 4.61% year-on-year, and a net profit attributable to shareholders of CNY 147.55 million, down 39.71% compared to the previous year[63]. - The company's communication business revenue was CNY 292.53 million, a year-on-year decrease of 43.58%, while the automotive electronics sector saw revenue of CNY 285.45 million, an increase of 20.04%[63]. - The smart home and robotics sector generated revenue of CNY 399.46 million, up 36.52% year-on-year, and the medical and personal care segment reported revenue of CNY 57.30 million, a growth of 16.70%[63]. Research and Development - The company achieved a research and development investment of approximately 130 million yuan in 2021, representing an 80% year-over-year increase[77]. - The company is committed to continuous R&D investment, with a focus on attracting high-end talent and improving its technological capabilities[69]. - The company has a total of 285 authorized patents as of the end of 2021, including 28 invention patents, reflecting its commitment to innovation and technology development[72]. - The company is currently developing a 5G communication module aimed at enhancing its technological capabilities and revenue potential[111]. - The company is currently developing an insulin injection pump actuator, which is expected to enhance its presence in the medical market[118]. - The company completed the development of a smart electric window actuator, enhancing its market presence in the smart home sector[118]. - The automatic injector mechanism project was completed, addressing issues of small thrust and large volume, thus improving user experience in medical applications[118]. - Research on high-performance PEEK plastic gears was completed, significantly enhancing noise and vibration performance for hybrid vehicles[118]. - The number of R&D personnel rose by 20.62% to 427, with a notable increase in the proportion of personnel holding bachelor's degrees[121]. Market and Growth Strategies - The automotive electronics sector is identified as a key growth area, with significant collaboration with major clients like Bosch and BYD[42]. - The company aims to enhance its R&D capabilities and product services in the micro-drive sector to align with industry trends[42]. - The global smart home industry is experiencing rapid growth, driven by advancements in information technology and increasing consumer demand, with the company providing micro drive gearboxes and smart appliance solutions[43]. - The company has established strong partnerships with leading smart home manufacturers and is actively developing high-end smart products to promote the realization of "whole-home intelligence," which is expected to be a significant growth area for future performance[43]. - The company plans to enhance its product development and marketing efforts in emerging industries such as smart education and artificial intelligence, aiming to meet diverse customer needs[64]. - The company aims to expand its market presence in Europe and the United States, with a subsidiary already established in Germany and plans for another in the U.S.[162]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million RMB allocated for potential deals[183]. - The company plans to strengthen its talent development initiatives, focusing on internal talent identification and external recruitment to build a robust talent pool[88]. Operational Efficiency and Management - The company employs a flexible production model to adapt to changing market demands, enhancing production capacity and efficiency through the use of MES systems for real-time management[56]. - The introduction of the SRM system in 2021 has improved supplier management and procurement efficiency, facilitating better collaboration and information sharing between the company and its suppliers[55]. - The company has established a comprehensive management system and has received multiple certifications, including ISO14001 and ISO45001, to enhance operational efficiency[89]. - The company has established a sound internal control system to ensure effective governance and operational efficiency[193]. - The company has a complete independent production, supply, and sales system, demonstrating its capability for autonomous operational decision-making[195]. - The company has a fully independent financial department with a standardized accounting system and financial management procedures, ensuring independent financial decision-making[196]. - The company plans to enhance its management system and improve operational efficiency through IT integration and automation[169]. Risks and Challenges - The company faces significant risks from macroeconomic fluctuations, including rising global inflation and geopolitical tensions, which may impact production and operations[173]. - Major raw material costs constitute a large proportion of the company's main business costs, making the company vulnerable to price fluctuations in materials such as micro motors and plastics[174]. - Rising labor costs are a concern as the average salary for employees has been increasing, which could negatively affect future operating performance if sales revenue does not keep pace[175]. - The company is implementing measures to mitigate risks from rising labor costs, including a short-term variable compensation system and long-term incentive plans to retain talent[178]. Shareholder Engagement and Governance - The company has actively improved its investor relations management, enhancing communication with investors[193]. - The governance structure of the company complies with the requirements set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange[193]. - There are no significant discrepancies between the company's governance practices and the regulations issued by the relevant authorities[194]. - The company has not engaged in any related party transactions that would involve the occupation of assets or funds by the controlling shareholder[196]. - The participation ratio for the first extraordinary shareholders' meeting in 2021 was 75.11%[199]. - The participation ratio for the second extraordinary shareholders' meeting in 2021 was 75.09%[199]. - The participation ratio for the third extraordinary shareholders' meeting in 2021 was 74.52%[199]. - The participation ratio for the annual shareholders' meeting in 2020 was 74.68%[199]. - The participation ratio for the fourth extraordinary shareholders' meeting in 2021 was 74.19%[199]. - The participation ratio for the fifth extraordinary shareholders' meeting in 2021 was 74.48%[199]. - The participation ratio for the sixth extraordinary shareholders' meeting in 2021 was 75.25%[199].