Leon(SZ:300603)2022-04-26 16:00Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-on-year increase of 15%[15]. - The net profit attributable to shareholders was RMB 200 million, which is a 10% increase compared to the previous year[15]. - The company's operating revenue for 2021 was ¥967,765,327.41, a decrease of 3.84% compared to ¥1,006,429,531.55 in 2020[19]. - The net profit attributable to shareholders was -¥547,096,130.07, showing an improvement of 40.09% from -¥913,232,779.03 in the previous year[19]. - The total assets at the end of 2021 were ¥2,251,044,708.48, down 16.13% from ¥2,683,856,253.94 at the end of 2020[19]. - The basic earnings per share for 2021 was -¥1.35, an improvement of 38.91% from -¥2.21 in 2020[19]. - The company reported a total of ¥55,038,229.21 in non-recurring gains and losses for 2021, compared to ¥2,886,384.11 in 2020[25]. - The company experienced a significant quarterly loss in Q4 2021, with a net profit attributable to shareholders of -¥484,890,092.03[22]. - The company’s weighted average return on equity was -46.00% for 2021, slightly improving from -47.12% in 2020[19]. - The company reported a decrease in revenue after deducting other business income, totaling ¥965,203,095.39 for 2021[20]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share in the region by 2025[15]. - Future guidance indicates a projected revenue growth of 20% for 2022, with a target revenue of RMB 1.44 billion[15]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[15]. - The company is expanding its market presence in regions such as Guangdong, Zhejiang, and Jiangsu, optimizing resource allocation to enhance growth in these areas[49]. - The company is participating in the "Belt and Road" initiative, aiming to extend its services to Central Asia and the Middle East, aligning with its mid-term strategic goals[49]. - The company plans to expand its international market presence, as indicated by the significant growth in foreign revenue[68]. - The company is focused on expanding its market presence and enhancing its product offerings through strategic leadership and management changes[159]. Research and Development - The company has allocated RMB 100 million for R&D in new technologies, aiming to enhance product offerings and improve operational efficiency[15]. - New product launches are expected to contribute an additional RMB 300 million in revenue in 2022, with a focus on AI-driven solutions[15]. - Research and development expenses increased by 15.45% to ¥39,276,646.98, reflecting a rise in R&D investment[62]. - The company plans to increase R&D investment in cloud computing and cloud services, aiming to enhance computing power and expand IDC business[123]. - The company aims to achieve a compound annual growth rate of 25% in the big data industry by 2025, with a target market size exceeding CNY 3 trillion[124]. Operational Efficiency - The company aims to reduce operational costs by 15% through efficiency improvements and process optimization in 2022[158]. - The company has effectively controlled construction and operation costs, providing high-quality data center services with timely customer demand response and high professional standards in its operation and maintenance team[38]. - The company is committed to timely technology updates and talent retention to maintain its competitive edge in the rapidly evolving information technology landscape[133]. Governance and Management - The company has established a strong partnership with major internet companies such as Baidu, Tencent, and Alibaba, as well as financial firms like Zhongying Life and Sunshine Insurance, expanding its customer base beyond traditional industries[38]. - The company has a complete governance structure with independent decision-making and operational processes, ensuring no overlap in organizational functions[152]. - The company has established a performance evaluation and incentive system for its directors, supervisors, and senior management, ensuring compliance with legal regulations[148]. - The company has a well-defined governance structure with a board of directors, supervisory board, and general meeting of shareholders, enhancing checks and balances[152]. Risks and Challenges - The company faces risks from macroeconomic conditions, including potential slowdowns in the information technology sector due to global economic pressures and investment fluctuations[130]. - The company is addressing customer policy adjustment risks by leveraging its industry experience to adapt to market changes and deepen customer relationships[130]. - The company is facing intensified market competition, particularly in the northwest and south China markets, and is adopting strategies to maintain service quality while expanding its market presence[131]. - The company has a significant amount of accounts receivable, which has increased due to capital expansion and operational scale growth, posing a risk of bad debts due to delayed collections[134]. Employee and Talent Management - The total number of employees at the end of the reporting period was 1,159, with 719 in the parent company and 163 in major subsidiaries[192]. - The company has 24 employees with a master's degree, accounting for about 2.1% of the total workforce[193]. - The company implemented 13 new employee training sessions, 10 mentor training sessions, and 6 job skills training sessions during the reporting period[195]. - The company is focusing on talent acquisition and has implemented a dual incentive system to attract and retain top marketing and R&D talent, enhancing its core competitiveness[128]. Shareholder and Financial Policies - The company will not distribute cash dividends for the fiscal year 2021, opting to reinvest profits into business expansion[6]. - The company has proposed a three-year shareholder return plan for 2021-2023, indicating a commitment to returning value to shareholders[189]. - The company has a performance evaluation system for determining the remuneration of directors and senior management[179]. - The company does not pay remuneration to some of its directors[178].