超频三(300647) - 2021 Q4 - 年度财报

Financial Performance - The company's performance significantly declined due to substantial goodwill impairment, credit loss, and increased period expenses[5]. - The financial report indicates that the main business and core competitiveness have not experienced significant adverse changes[5]. - The company's operating revenue for 2021 was ¥579,585,637.14, a decrease of 4.88% compared to ¥609,339,026.14 in 2020[20]. - The net profit attributable to shareholders in 2021 was -¥161,666,402.74, representing a significant decline of 1,146.95% from a profit of ¥15,441,709.21 in 2020[20]. - The net cash flow from operating activities was -¥111,990,828.03 in 2021, a decrease of 848.45% compared to ¥14,963,092.63 in 2020[20]. - The total assets at the end of 2021 increased by 44.79% to ¥2,088,566,856.00 from ¥1,442,431,561.12 at the end of 2020[20]. - The net assets attributable to shareholders rose by 56.19% to ¥1,013,085,983.78 at the end of 2021, compared to ¥648,637,023.33 at the end of 2020[20]. - The company reported a basic earnings per share of -¥0.40 in 2021, down from ¥0.04 in 2020, marking a decline of 1,100.00%[20]. - The company achieved total revenue of 579.59 million yuan and a net profit attributable to shareholders of -161.67 million yuan[49]. Business Strategy and Development - The company aims to enhance its industry position, business competitiveness, and sustainable development capabilities[5]. - The company will continue to focus on improving operational performance and industry standing[5]. - The company aims to expand its business into LED lighting fixtures and energy-saving services, leveraging its cooling technology expertise[43]. - The company is positioned to benefit from the ongoing trends in the PC and LED lighting markets, as well as the growth of the lithium battery sector driven by global energy and environmental concerns[38]. - The company plans to actively promote the construction of a 5G cooling industrial park to enhance its product strategy in the 5G cooling market[121]. - The company plans to focus on expanding its lithium battery cathode materials business, leveraging its complete industrial chain from recycling to production, aiming to enhance profitability[120]. Market and Industry Trends - The LED lighting market in China has a significant global market share, with a trend towards increased domestic production in the cooling component industry due to the rapid development of the LED lighting sector[31]. - The lithium battery cathode material market has experienced rapid growth, driven by the increasing demand for new energy vehicles, with a notable shift towards high nickel, low cobalt, or cobalt-free materials to reduce costs[36][37]. - The competitive landscape in the LED lighting sector is intensifying, with increasing market concentration and a push towards smart LED products[34]. - The energy-saving service industry is growing, with a focus on industrial and commercial lighting, where the EMC model is gaining traction due to its cost advantages[36]. Research and Development - The company focuses on the research and application of cooling technology, providing innovative cooling solutions for electronic products, including consumer electronics, LED lighting, and new energy vehicles[43]. - The company’s R&D team has received multiple awards, including the Shenzhen Science and Technology Progress Award First Class and the Guangdong Provincial Science and Technology Award Third Class, highlighting its innovation capabilities[53]. - The company is developing high-quality nickel-cobalt-manganese precursors from recycled lithium battery materials, aiming for batch production and economic benefits[77]. - The company has completed the R&D of a new high-power cooling solution for CPUs, which is now in trial production and expected to generate economic benefits[78]. - The company is focusing on the development of a new type of LED lighting with high cost-performance ratio, achieving industry standards in optical and thermal parameters[78]. Financial Management and Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management[4]. - The company has established a governance structure that complies with relevant regulations, ensuring transparency and accountability in operations[133]. - The company emphasizes the importance of investor relations and transparency, providing timely and accurate information to stakeholders[139]. - The company has committed to corporate social responsibility and balancing the interests of various stakeholders, promoting sustainable development[138]. - The company has maintained a stable management structure, with no significant changes in senior management during the reporting period[151]. Risk Management - The company has outlined potential risks and corresponding countermeasures in the management discussion and analysis section[5]. - The company acknowledges the risk of investment projects not meeting expected benefits due to market changes and unforeseen factors, which could adversely affect operations[127]. - The company plans to strengthen cooperation with key clients and focus on project implementation quality to mitigate investment risks[127]. - The company is closely monitoring exchange rate fluctuations, as changes in the RMB exchange rate could affect product pricing and profitability[129]. Shareholder and Dividend Policy - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[6]. - The company has established a profit distribution policy, ensuring that cash dividends will account for at least 10% of the distributable profits each year, with a cumulative distribution of no less than 30% of the average annual distributable profits over the last three years[177]. - The company’s profit distribution plan requires approval from the shareholders' meeting, with a focus on communication with minority shareholders[180]. - The company’s cash dividend policy is compliant with its articles of association and provides clear standards and procedures[181]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,067, with 178 in the parent company and 889 in major subsidiaries[172]. - The professional composition includes 514 production personnel, 167 sales personnel, 161 technical personnel, 37 financial personnel, 80 administrative personnel, and 108 management personnel[172]. - The company emphasizes a performance-based compensation system to encourage employees to create greater economic benefits for investors[174]. - The company has no retired employees requiring financial support, indicating a focus on a younger workforce[172]. Subsidiaries and Acquisitions - The company has established several new subsidiaries, including Changde Super Frequency Three Computer Co., Ltd. and Yiyang Super Frequency Three Computer Co., Ltd., which had no significant impact on overall performance in the reporting period[115]. - The subsidiary Zhejiang Jiongdai Energy Technology reported a net profit of CNY 14,782,484, contributing significantly to the company's overall performance[114]. - The company completed a major acquisition of lithium battery materials with an investment amount of 15.5 million, accounting for 54.5% of the total investment[97].