OMH(SZ:300486)2021-04-25 16:00Financial Performance - The company reported a total revenue of RMB 271 million for the year 2020, representing a year-on-year increase of 15% compared to 2019[13]. - The net profit attributable to shareholders was RMB 45 million, an increase of 20% from the previous year[13]. - The company's operating revenue for 2020 was ¥1,034,515,856.31, representing a 40.50% increase compared to ¥736,322,162.11 in 2019[19]. - The net profit attributable to shareholders for 2020 was ¥103,535,460.21, a 14.38% increase from ¥90,520,068.88 in 2019[19]. - The net cash flow from operating activities increased significantly by 344.34% to ¥55,613,359.13 in 2020 from ¥12,516,079.73 in 2019[19]. - The total assets at the end of 2020 reached ¥2,986,831,040.80, a 26.36% increase from ¥2,363,767,551.89 at the end of 2019[19]. - The company reported a basic earnings per share of ¥0.38 for 2020, up 11.76% from ¥0.34 in 2019[19]. - The company achieved total revenue of 1,034.52 million yuan in 2020, representing a year-on-year growth of 40.50%[36]. - Net profit attributable to shareholders reached 103.54 million yuan, an increase of 14.38% compared to the previous year[36]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.4 per 10 shares, with a capital reserve conversion of 5 shares for every 10 shares held[5]. - The cash dividend amount for 2020 represents 10.47% of the net profit attributable to ordinary shareholders[118]. - The cash dividend total for 2020 is 100% of the total profit distribution amount[114]. - The company has consistently increased its cash dividends over the past three years, with 2019's cash dividend being RMB 9,936,895.98, which was 10.98% of the net profit[118]. - The company aims for a minimum cash dividend of 30% of the average distributable profit over the last three years, with at least 10% of the current year's distributable profit allocated as cash dividends[108]. - The profit distribution policy requires board approval and must be supported by a majority of independent directors, ensuring protection of shareholder interests[110]. - The company plans to distribute a cash dividend of RMB 0.4 per 10 shares (including tax), totaling RMB 10,840,250.16 for the year 2020[116]. - The total number of shares for the dividend distribution is based on 271,006,254 shares, with a capital reserve increase of 5 shares for every 10 shares held[116]. Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[13]. - The company plans to accelerate its "one body, two wings" strategy and international expansion, aiming for comprehensive order fulfillment[97]. - The company will enhance its focus on strategic customers, leveraging high-level resources to build flagship projects that increase industry visibility[97]. - The company is actively expanding into new industries, including intelligent parking solutions, driven by increasing urban vehicle ownership and government support[35]. - The company aims for a 20% penetration rate for new energy vehicles by 2025, driven by market demand and supportive government policies[43]. Research and Development - The company has invested RMB 50 million in R&D for new technologies, aiming to enhance product offerings and maintain competitive advantage[13]. - The company initiated 10 R&D projects in the smart logistics and warehousing systems, focusing on cost reduction, product variety, and performance enhancement[61]. - The company established the Dongjie Intelligent Research Institute in Shenzhen, hiring over 20 renowned experts to enhance technology collaboration in smart devices, industrial internet, and artificial intelligence[39]. - Research and development expenses rose by 19.07% to ¥41,664,037.55, indicating a focus on innovation[58]. - The company aims to achieve a high degree of autonomy in AGV product technology within 2-3 years, significantly improving product performance while reducing manufacturing costs[63]. Acquisitions and Investments - The company acquired Zhongji Intelligent during the reporting period, impacting its equity assets[29]. - The company acquired 55% of Shenzhen CIMC Intelligent Technology Co., Ltd. to strengthen its position in the industrial internet sector[42]. - The company has committed to a strategy of market expansion through acquisitions, as evidenced by the recent purchase of Zhongji Intelligent Company[162]. - The company reported a significant increase in orders and revenue due to the acquisition of CIMC Intelligent, with a total acquisition cost of ¥49,500,000[52][55]. Operational Efficiency - New product development includes the launch of an advanced automated logistics system, expected to increase operational efficiency by 40%[13]. - The company completed the implementation of a production management system (MES) to improve operational efficiency and is initiating an ERP upgrade to streamline information flow[42]. - The company aims to improve cost efficiency through digital management and standardization to lower production costs and enhance manufacturing efficiency[97]. Customer and Market Presence - User data indicates a growth in active users by 25% year-on-year, reaching a total of 1.5 million active users by the end of 2020[13]. - The company secured a contract totaling 386 million yuan for the intelligent coating production equipment for Weima Automotive, highlighting its presence in the new energy vehicle sector[38]. - The company signed a contract worth 120 million euros for the PSA OPEL painting workshop project, demonstrating strong competitiveness in the European market[37]. - The company successfully completed logistics system projects for Guoxuan High-Tech's lithium battery, showcasing its capabilities in the lithium battery logistics sector[38]. Financial Management and Compliance - The company guarantees compliance with legal tax obligations and independent financial decision-making[123]. - The financial department operates independently, maintaining a separate accounting system and financial management practices[123]. - The company has not engaged in any related party transactions during the reporting period[172]. - The company has not faced any administrative or criminal penalties during the reporting period[167]. - The company has committed to ensuring that its initial public offering (IPO) and listing documents do not contain false records or misleading statements, taking full responsibility for their accuracy[152]. Risks and Challenges - The company faces risks from industry fluctuations, intensified competition, and potential bad debts due to long payment cycles and large contract amounts[101][102]. - The company has reported a significant adjustment in accounts receivable, decreasing from ¥459.38 million to ¥389.95 million, a reduction of approximately 15.1% due to the new revenue recognition standards[161]. - The company’s total liabilities were reported at ¥245.91 million, with short-term borrowings accounting for ¥48.90 million[163].