HQHB(SZ:300929)2022-03-09 16:00Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 20% in 2021 compared to 2020[15]. - The company's operating revenue for 2021 was ¥634,604,033.77, representing an increase of 8.03% compared to ¥587,458,169.13 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥73,324,730.41, a slight increase of 1.06% from ¥72,559,227.80 in 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 5.60% to ¥65,733,386.18 from ¥69,631,418.06 in 2020[20]. - The total assets at the end of 2021 reached ¥1,806,452,140.37, a significant increase of 30.32% from ¥1,386,136,647.83 at the end of 2020[20]. - The net assets attributable to shareholders increased by 56.15% to ¥809,953,356.95 at the end of 2021 from ¥518,687,578.82 at the end of 2020[20]. - The basic earnings per share for 2021 was ¥0.91, down 22.22% from ¥1.17 in 2020[20]. - The weighted average return on equity for 2021 was 9.70%, a decrease of 5.34% compared to 15.04% in 2020[20]. - The company reported a net cash flow from operating activities of ¥22,932,148.13 after deducting cash paid for investment in franchise projects, a decrease of 48.61% from ¥44,622,632.15 in 2020[20]. - The company plans to distribute a cash dividend of 1.30 RMB per 10 shares to all shareholders, based on a total of 82,583,098 shares[4]. Market Expansion and Strategy - The company is focusing on expanding its market presence and enhancing its product offerings in the environmental protection sector[15]. - The company has outlined future growth strategies that include potential mergers and acquisitions to strengthen its market position[15]. - The company anticipates a focus on enhancing operational management and integrating environmental and energy services in response to industry trends[31]. - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by the end of 2022[150]. - A strategic acquisition of a local competitor is anticipated to enhance market share by 10%[150]. - The company plans to enhance its market presence by establishing regional management centers across five major areas, including Shanghai and Gansu, to improve brand influence and market penetration[123]. Research and Development - The company has initiated research and development for new technologies aimed at improving wastewater treatment efficiency[15]. - The company has launched 15 independent research and development projects, focusing on carbon reduction and resource utilization technologies, achieving significant results[56]. - The company has developed three new technology products: Sup-SEP, which significantly reduces operating costs; Sup-OXY, which can save up to 75% in aeration energy consumption; and Sup-ASS, which offers flexible assembly and rapid deployment capabilities[47]. - The company is committed to technological innovation and aims to provide customized solutions for industrial wastewater treatment, particularly in sectors like papermaking and pharmaceuticals[122]. - The company is focused on developing green and sustainable technologies to achieve carbon peak and carbon neutrality goals, thereby enhancing brand development[123]. Environmental Compliance and Social Responsibility - The company has established a stable operation of pollution control facilities, ensuring compliance with environmental discharge standards[194]. - The company has implemented a comprehensive environmental self-monitoring plan in accordance with national regulations[193]. - There were no administrative penalties due to environmental issues during the reporting period[194]. - The company integrates social responsibility into its development strategy, aiming for harmony between corporate growth and environmental protection[194]. - The company has established basic social insurance for all employees, including pension, medical, work injury, unemployment, and maternity insurance, ensuring timely and full payment of insurance fees[196]. Governance and Management - The company has a clear governance structure with defined roles for its board members and management team[152]. - The board of directors includes members with diverse backgrounds in finance, engineering, and environmental management[152]. - The company has established a performance evaluation mechanism for senior management linked to annual performance assessments[180]. - The company has implemented a transparent process for the appointment of senior management, ensuring compliance with relevant laws and regulations[136]. - The company has conducted multiple shareholder meetings with participation rates of 31.93% and 49.10% for different meetings[138]. Financial Management and Investment - The company reported an investment income of ¥6,355,394.06, accounting for 7.47% of total profit, primarily from bank financial products[87]. - The company has a total of 11,375.1 million yuan in unused raised funds, with 0.00% of the funds being idle[104]. - The company plans to finance future project needs through bank loans or other self-raised funds due to the shortfall in actual raised funds[105]. - The company has temporarily used up to RMB 30 million of idle raised funds to supplement working capital, with a repayment period of no more than 12 months[114]. Employee Development and Compensation - The total number of employees at the end of the reporting period was 515, with 330 in the parent company and 185 in major subsidiaries[167]. - The company emphasizes a salary policy that aligns employee value with corporate value, providing competitive compensation based on contributions and market levels[169]. - The company has established a new performance incentive system focused on job value creation, allowing for horizontal and vertical development opportunities for employees[169]. - The company has implemented a training plan that includes external management courses and internal lecturer teams to enhance employee skills and knowledge[170]. Future Outlook - The company projects a revenue growth of 25% for the next fiscal year, targeting 1.875 billion RMB[150]. - The company aims for stable and balanced growth in sales revenue and profits through high-quality execution of its marketing strategies[123]. - Future growth may be influenced by macroeconomic conditions, market competition, and the company's ability to innovate in wastewater treatment technology[128].