联泓新科(003022) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 7,580,762,837.68, representing a 27.81% increase compared to the previous year[13]. - The net profit attributable to shareholders for 2021 was CNY 1,090,569,755.94, reflecting a 70.24% increase year-over-year[13]. - The net profit after deducting non-recurring gains and losses was CNY 880,864,809.28, which is a 43.04% increase from the previous year[13]. - The basic earnings per share for 2021 was CNY 0.82, up 46.43% from CNY 0.56 in 2020[14]. - The total assets at the end of 2021 were CNY 12,091,653,972.22, a 23.90% increase from the end of 2020[14]. - The company received government subsidies amounting to CNY 183,081,917.57 in 2021, significantly higher than CNY 29,856,427.46 in 2020[18]. - The company reported a net cash flow from operating activities of CNY 1,268,213,737.60, which is a 13.11% increase compared to the previous year[13]. - The total operating cost for 2021 was CNY 2,863,768,749.90, representing a 30.96% increase compared to CNY 2,186,781,528.74 in 2020[57]. Dividend Distribution - The company plans to distribute a cash dividend of 2.00 CNY per 10 shares to all shareholders, based on a total of 1,335,568,000 shares[2]. - The company plans to distribute a cash dividend of ¥267,113,600.00, which is 100% of the total distributable profit of ¥1,765,463,036.61[146]. - Each shareholder will receive a cash dividend of ¥2.00 per 10 shares, with a total share capital of 1,335,568,000 shares[147]. Business Operations - The company has not reported any changes in its main business since its listing[10]. - The company has no changes in its controlling shareholders[10]. - The registered address of the company is located in Tengzhou, Shandong Province, with a postal code of 277500[7]. - The company has established several wholly-owned subsidiaries, including Levima Chemical Sales Co., Ltd. and Levima Research Institute[5]. - The company has achieved record-high operating performance, with its main products, including EVA photovoltaic adhesive film and special surfactants, leading in their respective market segments[25]. - The company has a complete analysis and characterization system for lactic acid and polylactic acid production, with capabilities for microbial fermentation process development[40]. Research and Development - The company has accumulated 146 patents and is in the process of applying for 84 additional patents, showcasing its strong focus on innovation[25]. - R&D investment totaled 27,278.43 million yuan, accounting for 3.60% of operating revenue[35]. - The company developed 20 new products/new processes in the reporting period, with 18 new products reaching production stage[35]. - The company has a strong focus on R&D, with all core technical personnel being company employees, ensuring knowledge retention and innovation[39]. - The company plans to develop 21 new products across 4 series in 2022 and file over 12 new national invention patents[99]. Market Trends and Projections - The advanced polymer materials industry is experiencing rapid growth, with a self-sufficiency rate of 61% as of the end of the 13th Five-Year Plan, indicating significant progress but still facing gaps in high-end products[19]. - The lithium battery materials market is projected to grow significantly, with domestic sales of new energy vehicles exceeding 3.5 million units in 2021, a year-on-year increase of nearly 160%[22]. - The company is strategically focusing on high-end new materials, including renewable energy materials and biodegradable materials, to address market needs and enhance its product offerings[25]. - The company plans to invest in new energy materials and biodegradable materials during the 14th Five-Year Plan, focusing on areas such as EVA photovoltaic film materials and PLA[95]. Environmental Responsibility - The company has maintained a 100% compliance rate for pollutant emissions since its inception as a national-level "green factory"[100]. - The company has implemented pollution prevention facilities, with all emissions reported below the regulatory limits[159]. - The company completed the DMTO unit's flue gas treatment control system upgrade, which is expected to save approximately 21,000 tons of standard coal annually[163]. - The company has been recognized as a national-level "green factory," emphasizing its commitment to sustainable development and environmental responsibility[165]. Governance and Compliance - The company has established independent operations in business, personnel, assets, institutions, and finance, ensuring no interference from the controlling shareholder[105]. - The company ensures equal information access for all investors through strict adherence to disclosure regulations[104]. - The company has a commitment to maintaining high standards of corporate governance, with independent directors overseeing operations[117]. - The internal control system was audited, and no significant deficiencies were found, with a standard unqualified opinion issued by the auditing firm[152]. Strategic Initiatives - The company is actively pursuing mergers and acquisitions to bolster its competitive position[124]. - The company plans to enhance its core competitiveness by expanding its product categories in biodegradable materials and special functional materials through various strategies including R&D and mergers[98]. - The company is focusing on high-value-added products, aiming to increase the proportion of EVA photovoltaic film materials and high-end transparent special materials[98]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of 500 million RMB allocated for this purpose[122]. Employee Engagement and Welfare - The company has implemented various employee training programs to enhance staff competencies and skills[142]. - The company emphasizes a harmonious labor relationship, providing diverse welfare systems including health check-ups and talent development channels[166]. - The company has established a dual accident prevention system focusing on risk control and hidden danger investigation, improving overall safety governance[167]. - The company actively promotes social responsibility among employees, encouraging participation in charitable activities for underprivileged children and families[169].