WBD(SZ:300055)2022-03-24 16:00Financial Performance - The company's operating revenue for 2021 was ¥2,009,317,667.05, representing a 218.43% increase compared to ¥631,016,328.88 in 2020[23]. - The net profit attributable to shareholders for 2021 was ¥212,034,406.94, a significant turnaround from a loss of ¥375,002,457.65 in 2020, marking a 156.54% improvement[23]. - The net cash flow from operating activities increased by 41.13% to ¥300,285,419.37 in 2021, up from ¥212,774,424.37 in 2020[23]. - The total assets at the end of 2021 were ¥7,252,113,938.98, reflecting a 10.84% increase from ¥6,542,873,619.60 at the end of 2020[23]. - The company achieved a revenue of 2.009 billion yuan in 2021, representing a year-on-year growth of 218.43%[62]. - The net profit reached 275 million yuan, with a year-on-year increase of 173.18%[62]. - The cash flow from operating activities amounted to 300 million yuan, reflecting a growth of 41.13% compared to the previous year[62]. - The company reported a total cash dividend of 465,317,549.47 yuan for the year, which includes 24,092,872.80 yuan in cash dividends and 441,224,676.67 yuan from share repurchases[183]. - The cash dividend represents 100% of the distributable profit of 39,092,327.88 yuan for the year[184]. Business Development and Strategy - The company has introduced a new business segment in renewable energy, specifically lithium extraction from salt lakes, which is currently under construction and expected to generate ongoing revenue[33]. - The company is focusing on industrial water treatment and hazardous waste management, with an emphasis on technological advancements to enhance resource recycling[34][35]. - The company is advancing its lithium extraction technology, which is crucial for ensuring domestic lithium resource supply amid rising demand from the electric vehicle industry[50]. - The company is actively promoting the engineering transformation of its R&D achievements in various projects, including the Jilin acrylonitrile project and the Yulin lanthanum project[57]. - The company is focused on expanding its market presence in the high-concentration wastewater treatment sector, targeting industries such as petrochemicals and pharmaceuticals[101]. - The company aims to tackle key technical challenges in salt lake brine extraction to strengthen its new materials business and achieve horizontal integration across multiple industries[128]. - The company will focus on expanding its market presence in hazardous waste and new energy sectors to enhance profitability and operational capacity[130]. Research and Development - The company has filed for 9 new patents, including 4 invention patents, focusing on technologies related to lithium extraction and high-concentration wastewater treatment[47]. - The company’s R&D investment reached ¥72,062,712.09, representing 3.59% of operating revenue, an increase from 2.45% in the previous year[103]. - The number of R&D personnel increased significantly to 94, a 370% rise from 20 in the previous year[103]. - The company is conducting research on lithium extraction technology to address the increasing demand for lithium resources, focusing on low-grade and high magnesium lithium brine[100]. - The company has developed a high-selectivity adsorption membrane technology for lithium extraction from salt lake brine, which offers higher yield and lower costs compared to traditional methods[38]. Risk Management and Governance - The company emphasizes the importance of risk management in its future development outlook, detailing potential risks and countermeasures[4]. - The company has identified potential risks including business integration, new project investment, and technology research and development, and is implementing strategies to mitigate these risks[134][135][137]. - The company strictly adheres to the requirements of the Company Law, Securities Law, and relevant regulations to enhance its corporate governance structure[143]. - The internal audit system is strictly implemented to control risks and ensure normal business operations[152]. - The company has a transparent information disclosure system, providing timely and accurate information to all shareholders[149]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[194]. - The total emissions of sulfur dioxide were recorded at 14.63 tons per year, with a concentration of 4.83 mg/m³[194]. - The company has implemented pollution control measures in compliance with national standards[194]. - The company has no significant environmental compliance issues reported for the year[194]. - The hazardous waste incineration system utilizes a rotary kiln combined with a secondary combustion chamber, featuring a comprehensive gas purification system[197]. Shareholder Engagement and Communication - The company has a dedicated team for investor relations, ensuring effective communication with stakeholders[20]. - The company ensures that all shareholders, especially minority shareholders, have equal rights and opportunities to participate in shareholder meetings[144]. - The participation rate for the first extraordinary general meeting in 2021 was 32.34%[154]. - The participation rate for the second extraordinary general meeting in 2021 was 31.85%[154]. - The participation rate for the annual general meeting in 2020 was 34.13%[154]. Employee Management and Compensation - The total number of employees at the end of the reporting period was 1,207, with 489 in the parent company and 718 in major subsidiaries[179]. - The company has a competitive modern compensation structure linked to performance, individual capabilities, and company operational efficiency[180]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 5.2341 million yuan, including 300,000 yuan for independent directors[169]. - The company provided various benefits beyond statutory requirements, including meal allowances and group accident insurance[180]. - The company has conducted a total of 35 internal training sessions covering various topics, enhancing employee skills and engagement[182].