EVE(SZ:300014)2022-04-25 16:00Financial Performance - The company reported a cash dividend of 1.60 RMB per 10 shares, based on a total of 1,896,905,667 shares[5]. - The company’s financial report indicates a strong performance with significant year-over-year growth in revenue and net profit[16]. - The company's operating revenue for 2021 reached ¥16,899,804,086.38, representing a 107.06% increase compared to ¥8,161,806,164.32 in 2020[5]. - The net profit attributable to shareholders was ¥2,905,792,903.68, a 75.89% increase from ¥1,652,034,439.41 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was ¥2,547,115,324.40, up 66.96% from ¥1,525,614,839.73 in 2020[5]. - The net cash flow from operating activities was ¥1,862,853,924.53, reflecting a 20.37% increase compared to ¥1,547,616,814.41 in 2020[5]. - The total assets at the end of 2021 amounted to ¥44,533,907,483.44, a 73.28% increase from ¥25,700,202,987.26 at the end of 2020[5]. - The net assets attributable to shareholders increased by 24.75% to ¥17,934,166,249.88 from ¥14,376,022,480.48 in 2020[5]. - The basic earnings per share for 2021 was ¥1.54, a 73.03% increase from ¥0.89 in 2020[5]. - The company achieved total operating revenue of CNY 1,689,980.41 million in 2021, representing a year-on-year growth of 107.06%[46]. - The net profit attributable to shareholders reached CNY 290,579.29 million, an increase of 75.89% compared to the previous year[46]. Market Expansion and Strategy - The company aims to expand its market presence and enhance product offerings in the lithium battery sector[16]. - The company plans to increase production capacity to meet rising demand in the electric vehicle market[16]. - The company is exploring potential mergers and acquisitions to strengthen its market position[16]. - The company has established strategic partnerships to enhance its supply chain and technology capabilities[16]. - The company is focused on the development and production of consumer batteries and power batteries, which are critical components for the Internet of Things and new infrastructure initiatives[31]. - The company has seen significant growth in its market segments, driven by technological innovation and investments in key areas such as 5G infrastructure and electric vehicle charging stations[31]. - The company has formed partnerships with well-known domestic and international automotive manufacturers, enhancing its presence in the new energy vehicle sector[39]. - The company is actively pursuing market expansion through various joint ventures and partnerships, as evidenced by multiple proposals approved in 2021[124]. Research and Development - The company is focused on the research and development of new technologies in lithium-ion batteries and energy storage systems[16]. - The company is committed to innovation and aims to launch new products in the upcoming fiscal year[16]. - The company holds 3,420 national patents, with 1,838 authorized patents, showcasing its strong R&D capabilities[42]. - The company has a dedicated R&D team of over 2,000 members, enhancing its technological innovation and product development capabilities[41]. - The company is actively engaged in the research and development of new technologies, particularly in lithium-ion battery safety and efficiency[113]. - The company is in the trial production phase for several new battery technologies, including a 4.2V high-rate lithium-ion battery and a high-pressure HEV battery system[60]. Environmental and Social Responsibility - The company has maintained a commitment to environmental and social responsibility in its operations[16]. - The company has received the "National Green Factory" title and is actively pursuing green manufacturing initiatives to contribute to global climate governance[94]. - The company constructed a 20MW rooftop solar power station, expected to reduce carbon emissions by approximately 16,734 tons annually[165]. - The company has committed to sustainable development by continuously improving energy utilization efficiency and providing green products[168]. - The company donated RMB 500,000 to support poverty alleviation and rural revitalization projects during the reporting period[169]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[99]. - The company maintains independence from its controlling shareholders, with no instances of fund occupation or guarantees provided for the benefit of the controlling shareholders[100]. - The board of directors and supervisory board operate independently, with members fulfilling their duties diligently and participating in relevant training[101]. - The company has established a performance evaluation and incentive mechanism, with a remuneration and assessment committee responsible for reviewing the performance of directors and senior management[102]. - The company adheres to strict information disclosure practices, ensuring timely and accurate communication with investors[103]. - The company has established a comprehensive governance structure with independent directors and supervisors to ensure transparency and accountability[115]. Employee Management and Incentives - The company has established a multi-level talent training system through the establishment of the Yiwei Training Institute, covering various employee levels[132]. - The company has implemented a stock option and restricted stock incentive plan, with 3,055,664 stock options and 404,750 restricted shares canceled due to performance criteria not being met[142]. - The management compensation is linked to the company's profitability and individual performance metrics[116]. - The company’s senior management performance evaluation mechanism links salary levels to responsibilities, risks, and operational performance[150]. - The company’s stock options and restricted stock incentive plans are designed to motivate senior management to improve operational management and performance[151]. Financial Management and Investments - The company reported a significant investment income of approximately ¥1.76 billion, accounting for 57.79% of total profit[66]. - The total investment amount for the reporting period reached ¥3,125,583,788.70, representing a significant increase of 112.93% compared to the previous year[73]. - The company has committed to various investment projects, with the "Jingmen Yiwei Chuangneng Energy Storage Power Lithium-ion Battery Project" achieving an investment progress of 104.89%[81]. - The company plans to invest in the construction of a lithium-ion battery project for passenger vehicles, with Phase I and Phase II proposals approved on February 18 and March 9, 2021, respectively[124]. Internal Control and Risk Management - The company has established a comprehensive internal control system to effectively mitigate operational risks and achieve internal control objectives[156]. - There were no significant internal control deficiencies reported during the reporting period[157]. - The internal control self-assessment report indicates that all major aspects of financial reporting internal controls were maintained effectively[160]. - The company received a standard unqualified opinion from the auditing firm regarding its internal control system[160]. Related Party Transactions - The total amount of related party transactions for the reporting period is estimated at 49,496.23 million, with an actual performance of 68,800 million[187]. - The company has not engaged in any asset or equity acquisition or sale related party transactions during the reporting period[189]. - The company has a joint investment with Huayou Cobalt, which has a registered capital of 122,122.848 million and total assets of 5,798,905.63 million[189].