NJUAE(SZ:300864)2022-04-27 16:00Dividend Distribution - The company plans to distribute a cash dividend of 8.00 RMB per 10 shares (including tax) to all shareholders, based on a total share capital of 91,200,000 shares [3]. - The company declared a cash dividend of 8.00 CNY per 10 shares, totaling 72,960,000 CNY for the year 2021 [151]. - The company's total distributable profit was 237,855,256.17 CNY, with the cash dividend representing 100% of the profit distribution [151]. - The company’s profit distribution plan aligns with its articles of association and relevant regulations, ensuring shareholder interests are protected [150]. Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in 2021 compared to 2020 [13]. - The company's operating revenue for 2021 was ¥518,674,842.06, representing a 7.27% increase compared to ¥483,508,741.49 in 2020 [17]. - Total revenue for 2021 reached ¥518,674,842.06, representing a year-on-year increase of 7.27% compared to ¥483,508,741.49 in 2020 [52]. - The net profit attributable to shareholders decreased by 29.53% to ¥92,978,788.93 in 2021 from ¥131,934,925.76 in 2020 [17]. - The net profit after deducting non-recurring gains and losses was ¥81,955,471.57, down 26.62% from ¥111,687,880.14 in the previous year [17]. - Basic earnings per share fell by 41.38% to ¥1.02 from ¥1.74 in 2020 [17]. - The company reported a significant increase in financial income, with financial expenses showing a 503.01% rise due to increased interest income [62]. - The company’s total investment for the reporting period was ¥1,731,461,635.70, reflecting a year-on-year increase of 12.85% compared to ¥1,534,286,262.19 [76]. Market Strategy and Growth - The company is focusing on expanding its market presence and enhancing its environmental service offerings, which are crucial for its growth strategy [13]. - The company anticipates continued growth in the environmental services sector, driven by increasing regulatory demands and public awareness [13]. - The company has outlined a future outlook that includes a projected revenue growth rate of 10-12% for the next fiscal year [13]. - The company plans to achieve a revenue increase of 25% to 35% in 2022 compared to 2021 [93]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2023 [127]. - A strategic acquisition of a local environmental consultancy firm is in progress, which is anticipated to enhance service offerings and increase revenue by 5% [127]. Research and Development - The company has allocated resources for the development of new technologies aimed at improving environmental assessment and planning services [13]. - The company is committed to enhancing its research and development efforts to innovate and improve its service offerings in environmental technology [13]. - The company applied for 33 new patents, including 19 invention patents, and held a total of 111 authorized patents by the end of 2021, which supports its core business development [48]. - The company invested 100 million RMB in research and development for new technologies in environmental protection [127]. - The number of R&D personnel increased by 33.78% from 74 in 2020 to 99 in 2021, with a notable rise in master's degree holders by 33.33% [64]. Operational Performance - The company emphasizes the importance of risk management strategies in its operational framework to mitigate potential market fluctuations [3]. - The company has established a robust governance structure to ensure compliance and transparency in its operations [13]. - The company has established a comprehensive internal control system covering key operational areas, with no significant deficiencies reported in 2021 [156]. - The company maintained effective internal controls over financial reporting as of December 31, 2021, with no significant deficiencies reported [161]. Environmental Initiatives - The company has established itself as a leader in environmental technology services, focusing on pollution prevention and control, which aligns with national environmental policies [27]. - The market for environmental technology services is expected to grow significantly, driven by new government policies aimed at improving ecological quality and addressing climate change [28]. - The company conducted environmental investigations covering over 2,000 kilometers of river channels and identified more than 14,000 pollution outlets in East China [31]. - The company assessed approximately 12.77 million square meters of contaminated sites nationwide, including 1.35 million square meters along the Yangtze River [32]. - The company provided daily operation and maintenance services for wastewater treatment facilities, ensuring stable operation and compliance with discharge standards for clients like Autoliv (China) and Anhui Tianchang City [39]. Talent Management - The company employed 746 staff members as of December 31, 2021, with 447 holding master's or doctoral degrees, representing a 35% increase in advanced degree holders compared to the previous year [45]. - The company has established a robust talent management system, but faces risks of talent loss and knowledge leakage due to intensified market competition [104]. - The company organized over 50 internal training sessions in 2021, with a total of 2,000 participant instances, highlighting its commitment to employee development [148]. Corporate Governance - The company has established a clear asset ownership structure, with no guarantees provided to the controlling shareholder or its affiliates during the reporting period [116]. - The company adheres to strict information disclosure practices, ensuring timely and accurate communication with investors [112]. - The company has established various committees within the board, with independent directors comprising over half of the members, providing professional opinions [112]. - The company has a complete human resources management system, ensuring that senior management does not hold positions in the controlling shareholder's entities [115]. Compliance and Risk Management - The company is currently navigating potential changes in business qualification regulations, which could affect its competitive position in the industry [102]. - The company is actively monitoring the impact of the ongoing COVID-19 pandemic, which has affected its main market areas, including Jiangsu and Shanghai [107]. - The company faces intensified market competition as numerous strong competitors enter the environmental services sector, potentially impacting operational performance [100]. Stock Price Stabilization - The company plans to implement stock price stabilization measures if the stock price falls below the audited net asset value per share for 20 consecutive trading days [185]. - The stabilization measures include increasing shareholdings by controlling shareholders and senior management, stock buybacks, and other methods approved by regulatory authorities [186]. - The company will not sell any shares acquired through the stabilization plan for six months after the completion of the acquisition [190]. - The company committed to repurchase shares if the stock price falls below the audited net asset value per share for 20 consecutive trading days [197].