EWPT(SZ:300115)2021-04-27 16:00Financial Performance - The company achieved total revenue of ¥9,797,911,444.51, representing a year-on-year increase of 13.20%[33]. - Net profit attributable to shareholders reached ¥600,138,372.56, a significant increase of 615.95% compared to the previous year[33]. - The net profit after deducting non-recurring gains and losses was ¥479,072,366.51, recovering from a loss of ¥226,959,880.33 in the previous year[33]. - Basic and diluted earnings per share were both ¥0.65, reflecting a growth of 622.22% from ¥0.09 in the previous year[33]. - The total assets increased by 41.19% to ¥13,619,861,267.11 compared to the end of the previous year[33]. - The net assets attributable to shareholders rose by 58.14% to ¥6,739,502,519.51[33]. - The company reported a net cash flow from operating activities of ¥862,291,239.74, an increase of 4.75% from the previous year[33]. - The total revenue for the year reached CNY 114,911,883, reflecting a growth of 65.58% year-on-year[134]. - The company achieved a net profit attributable to shareholders of RMB 600.14 million in 2020, with the parent company contributing RMB 374.05 million[130]. Profit Distribution - The company reported a profit distribution plan to distribute a cash dividend of 1 RMB per 10 shares (including tax) and to increase capital by 2 shares for every 10 shares held[6]. - The cash dividend distribution plan for 2020 was approved, with a total cash dividend of RMB 100.09 million, representing 16.68% of the net profit attributable to shareholders[132]. - The company plans to distribute a cash dividend of RMB 1 per 10 shares, totaling RMB 10.01 million, and to increase capital by 2 shares for every 10 shares held, pending shareholder approval[128]. - The total distributable profit available for shareholders as of December 31, 2020, was RMB 1.62 billion[130]. - The company has consistently maintained a cash dividend payout ratio, with the 2019 dividend amounting to RMB 90.99 million, which was 108.54% of the net profit for that year[132]. Research and Development - The company is investing in research and development for new products, particularly in the fields of industrial robotics and IoT technologies[15]. - The company authorized 358 patents during the reporting period, including 173 invention patents, and filed 450 new patent applications[47]. - R&D investment in 2020 amounted to ¥882,108,806.52, representing 9.00% of operating revenue[77]. - The number of R&D personnel increased to 6,916 in 2020, accounting for 28.46% of total employees[77]. Market Expansion and Strategy - The company is focused on expanding its market presence in the precision components sector, particularly in consumer electronics and new energy vehicles[15]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[15]. - The company has established long-term stable partnerships with leading brands in the consumer electronics industry and is actively expanding its precision components business in the new energy vehicle sector[115]. - The company has developed over a hundred product models in the new energy vehicle components category, including high-end laptop and tablet structural parts, and connectors suitable for 5G applications[113]. Operational Efficiency - The company has invested in over 3,000 robots and automated machines to enhance production efficiency[36]. - The company is focusing on the development of advanced processing equipment to improve product quality and efficiency in the consumer electronics sector[38]. - The production efficiency for irregular surface laser engraving has increased from 101.4 PCS/H/person to 304.3 PCS/H/person, reducing labor costs by over 30%[70]. - The automatic production line for battery end plates is currently under development, enhancing welding yield and reliability[73]. Risk Management - The company highlighted risks including increased uncertainty in international trade, exchange rate fluctuations, customer concentration, and human resources[6]. - The company is committed to addressing risks associated with its future development, as outlined in its annual report[6]. - The company faces risks from increased uncertainty in international trade, currency fluctuations, and high customer concentration, which could impact its operations[115][116]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating its commitment to environmental regulations[190]. - The company has established an industrial wastewater treatment station to comply with environmental protection requirements, with daily monitoring of equipment operation and wastewater discharge[194]. - The company has a pollution discharge standard for COD set at 110, with actual emissions recorded at 1.3056, demonstrating compliance with environmental standards[191]. - The company strictly manages hazardous waste, with designated storage areas and qualified third-party disposal services[194]. Employee Engagement and Welfare - The company has established a performance assessment system to enhance employee welfare and has provided 478,500 RMB in aid to employees facing significant hardships[186]. - The second employee stock ownership plan acquired 21,373,201 shares, representing 2.35% of the total share capital, at an average price of approximately 30.43 yuan per share[152]. - The third employee stock ownership plan purchased 19,960,090 shares, accounting for 2.19% of the total share capital, at an average price of approximately 15.03 yuan per share[155]. - The fourth employee stock ownership plan completed the purchase of 13,000,000 shares, which is 1.43% of the total share capital, at an average price of approximately 9.32 yuan per share[157].