Amsky(SZ:300521)2022-05-19 16:00Financial Performance - The company's operating revenue for 2021 was ¥153,399,734.29, an increase of 12.43% compared to ¥136,439,924.92 in 2020[19]. - The net profit attributable to shareholders in 2021 was ¥5,009,780.46, a significant turnaround from a loss of ¥12,146,417.02 in 2020, representing a 141.24% increase[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,139,378.34, up 124.50% from a loss of ¥12,811,366.16 in 2020[19]. - The net cash flow from operating activities increased by 53.60% to ¥34,707,691.83 in 2021, compared to ¥22,596,745.02 in 2020[19]. - The total assets at the end of 2021 were ¥601,073,543.17, a slight increase of 0.23% from ¥599,685,248.37 at the end of 2020[19]. - The net assets attributable to shareholders at the end of 2021 were ¥508,472,526.05, up 0.99% from ¥503,478,100.89 at the end of 2020[19]. - The company reported a basic earnings per share of ¥0.0348 in 2021, compared to a loss of ¥0.0844 in 2020, marking a 141.23% improvement[19]. - The company achieved a weighted average return on equity of 0.99% in 2021, recovering from -2.38% in 2020[19]. - The quarterly operating revenue for Q4 2021 was ¥45,145,839.62, contributing to a total annual revenue growth[20]. - The company's revenue for the reporting period was 153.4 million yuan, an increase of 12.43% compared to the previous year[41]. - Net profit attributable to shareholders was 5.01 million yuan, up 141.24% year-on-year[41]. Product Development and Innovation - The company is focusing on the development of new products, including inkjet printheads and 3D printers for sand mold printing, which are expected to be key offerings in the future[13]. - The company has successfully implemented small-batch production and usage of the 512-piezo inkjet printhead, exploring MEMS technology applications[45]. - The new T1000 ceramic 3D printing device was installed and tested, demonstrating its potential in precision casting and art markets[46]. - The company is actively developing derivative businesses in ceramic powder printing and 3D metal printing[47]. - The company achieved mass production and sales of the S2000 3D sand printing equipment, with contracts signed with several companies including Xi'an Aerospace Engine Company[44]. - The company has developed the Storm series sand mold 3D printer, achieving a maximum construction speed of 124L/h and a forming accuracy of ±0.3mm[58]. - The company is developing a 3D metal printing head with 100% self-researched hardware and software, which is expected to create new profit growth points[114]. - The company plans to enhance its CTP products with higher precision and efficiency, aiming to expand its market share in the mid-to-high-end segment[114]. Corporate Governance and Structure - The company has a complete and independent corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, ensuring operational independence from controlling shareholders[135]. - The board of directors consists of seven members, including three independent directors, complying with relevant laws and regulations[125]. - The company has established various committees within the board, including an audit committee and a strategic development committee, to enhance governance and oversight[127]. - The company emphasizes transparency and investor relations, adhering to strict information disclosure requirements and utilizing multiple communication channels with investors[130]. - The company has a structured approach to governance, with clear roles and responsibilities defined for its board and management team[146]. - The company maintains a clear asset ownership structure, ensuring independence from its controlling shareholder in terms of assets, personnel, and financial management[132]. Risk Management - The company emphasizes the importance of risk awareness for investors, particularly regarding the risks outlined in the management discussion section[4]. - The company is facing risks related to major asset restructuring, which requires regulatory approval and carries uncertainties[116]. - The company is also exposed to new product development risks, as high technical barriers may delay the commercialization of new products[117]. - The company faces significant accounts receivable risks due to its installment payment collection method, leading to increased bad debt provisions as accounts receivable grow[118]. - The company has established a reasonable bad debt provision principle in response to the growing accounts receivable and is enhancing its collection efforts to mitigate risks[118]. Investment and Funding - The company reported a total investment of 14,700.91 million yuan in various projects, with 85.77% of the investment in the MEMS CTP equipment production project completed by March 31, 2020[106]. - The company has committed to invest 5,000 in a research and development center, with 747.16 already invested, achieving 100% of the planned investment[100]. - The company made a significant equity investment of 1,900,000.00 in Zhejiang Chuan Porcelain Culture Co., Ltd., holding a 19% stake[93]. - The total amount of raised funds was 188,922,083.00, with 26.66 used during the reporting period, and a cumulative total of 18,094.29 used[98]. - The company plans to change the focus of its investment projects to enhance the production of inkjet print heads to capture a larger market share[102]. Employee and Talent Management - The number of R&D personnel increased by 17.54% to 67 in 2021, accounting for 31.30% of the total workforce[80]. - The company conducted various training programs in 2021, including management and operational training, to enhance employee skills and corporate culture[166]. - The company has a structured salary system that ensures internal fairness and external competitiveness, contributing to employee satisfaction[165]. - The company has a diverse management team with backgrounds in engineering, finance, and law, enhancing its operational capabilities[144][145]. Shareholder and Investor Relations - The company reported a total of 126,194,700.34 CNY in distributable profits, with no cash dividends proposed for the year 2021[168]. - The cash dividend total, including other methods, was 0 CNY, representing 0.00% of the total profit distribution[168]. - The company plans to use all undistributed profits for operations and development, ensuring compliance with relevant laws and regulations[169]. - The company will implement a profit distribution policy prioritizing cash dividends, with a minimum of 10% of distributable profits allocated to cash dividends annually[185]. - The company will ensure project completion and smooth production to achieve early project returns[185]. Compliance and Internal Control - The company has strengthened internal control systems and enhanced internal audit supervision to improve the depth and breadth of internal auditing[171]. - There were no significant internal control deficiencies identified during the reporting period, with zero major defects in financial and non-financial reporting[174]. - The company has organized compliance training for board members and management to enhance governance and risk awareness[172]. - The company has not faced any environmental penalties during the reporting period and adheres to national environmental protection policies[179]. Major Asset Restructuring - The company announced a major asset restructuring plan on May 20, 2020, involving the acquisition of 100% equity in Jinyun Technology through share issuance and cash payment[200]. - The restructuring includes asset replacement, share issuance, cash payment for asset acquisition, and share transfer, with the asset replacement part constituting a related party transaction[200]. - After the restructuring, Xinyu Dekun and other entities will become the controlling shareholders of the company, with specific individuals identified as actual controllers[200].