DVX(SZ:300167)2022-05-23 16:00Financial Performance - The company's operating revenue for 2021 was CNY 316,854,130.91, representing a 25.69% increase compared to CNY 252,089,287.48 in 2020[18]. - The net profit attributable to shareholders was a loss of CNY 171,619,605.14, which is a 44.29% increase in losses from CNY 118,944,865.73 in the previous year[18]. - The net cash flow from operating activities decreased by 75.29% to CNY 9,601,716.59, down from CNY 38,856,984.07 in 2020[18]. - The total assets at the end of 2021 were CNY 745,026,244.58, a decrease of 6.18% from CNY 794,088,221.95 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 38.33% to CNY 255,101,577.92, down from CNY 413,647,252.30 in 2020[18]. - The basic earnings per share for 2021 was -CNY 0.5595, a decline of 41.22% from -CNY 0.3962 in 2020[18]. - The weighted average return on equity was -50.09%, compared to -25.09% in the previous year[18]. - The company reported a significant decrease in net profit due to ongoing operational challenges and market conditions[6]. - The company reported a net profit attributable to shareholders of CNY 9.51 million in Q4 2021, compared to a loss of CNY 98.14 million in Q4 2020[48]. - The company reported a net loss of 283.62 million yuan, with no cash dividends proposed for the year[128][129]. Revenue and Market Performance - The company's total revenue for Q4 2021 reached ¥154,588,146.07, showing a significant increase compared to previous quarters[21]. - The information technology service revenue in China grew by 20.0% in 2021, outpacing the overall industry growth rate by 2.3 percentage points[29]. - The company's total revenue for 2021 was CNY 316,854,130.91, representing a 25.69% increase compared to CNY 252,089,287.48 in 2020[47]. - The information technology services sector accounted for 86.53% of total revenue, with a revenue of CNY 274,169,600.11, down 4.18% from the previous year[47]. - The revenue from the South China region was CNY 189,761,568.22, accounting for 59.89% of total revenue, but decreased by 11.96% year-on-year[47]. Operational Challenges and Strategies - The company did not distribute any cash dividends or bonus shares for the year[6]. - The management discussed potential risks and strategies for future development in the report[6]. - The company is actively adjusting its business model to reduce heavy capital and slow turnover in new park construction, shifting towards lighter capital and faster turnover businesses[44]. - The company aims to optimize its business structure by focusing on projects with shorter payment cycles and reducing government-related projects[79]. - The company faces risks related to long payment cycles from government clients, which can strain cash flow and impact profits[82]. Research and Development - The company has accumulated 55 valid patent applications, with 51 granted, including 28 invention patents, 21 utility models, and 2 design patents[43]. - The company focuses on software technology outsourcing services, with significant advancements in technology research in areas such as big data, cloud computing, RPA, low-code, and artificial intelligence[35]. - The company completed major R&D projects including a comprehensive customer credit assessment management system and a digital SAAS application management system[59]. - The company aims to reduce operational costs and improve risk control through the completion of the big data access management system[59]. - In 2021, the company's R&D investment amounted to ¥12,522,513.98, representing 3.95% of operating revenue, a decrease from 9.32% in 2020[61]. Governance and Management - The company has established a complete and independent business system, ensuring operational autonomy from the controlling shareholder[92]. - The board of directors consists of 6 members, including 2 independent directors, meeting legal and regulatory requirements[88]. - The company has implemented a transparent performance evaluation and incentive mechanism for senior management[89]. - The company has established a strategic committee, audit committee, nomination committee, and compensation committee to enhance governance[88]. - The company emphasizes its commitment to corporate governance with a structured board and management team[101]. Shareholder Relations and Capital Management - The company has a total of 16,912 shareholders as of the end of the reporting period[198]. - The largest shareholder, Beijing Ance Hengxing Investment Co., Ltd., holds 14.51% of the shares, totaling 47,328,285 shares, which are currently pledged[199]. - The company is actively managing its shareholder relationships and ensuring compliance with regulatory requirements regarding shareholding disclosures[200]. - The company has proposed to issue stock to specific targets as part of its capital management strategy[114]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 1,000,000 CNY[110]. Employee Management and Development - The total number of employees at the end of the reporting period was 929, with 56 in the parent company and 807 in major subsidiaries[123]. - Employee compensation accounted for 35.66% of the total operating costs, amounting to 93.39 million yuan[126]. - The company has established a comprehensive training system to enhance employee skills and management capabilities[127]. - The number of R&D personnel increased to 88 in 2021, up by 2.33% from 86 in 2020, but the proportion of R&D personnel to total staff decreased to 9.47% from 12.19%[61]. - Employee benefits include comprehensive social insurance and additional paid leave, promoting a supportive work environment[150]. Compliance and Risk Management - The company has established a risk prevention system for insider trading and has implemented training for executives to enhance their understanding of insider trading regulations[149]. - The company has not encountered any objections from the board of directors regarding company matters during the reporting period[118]. - The company reported no significant internal control deficiencies during the reporting period[140]. - The company has conducted compliance training for management and staff to enhance governance and risk awareness[139]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors[90].