DORIGHT(SZ:300950)2022-04-22 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, with a capital reserve conversion of 5 shares for every 10 shares held[5]. - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares, totaling 10,000,000 yuan, based on a total share capital of 100,000,000 shares as of December 31, 2021[179]. - The cash dividend represents 100% of the total profit distribution amount, which is consistent with the company's growth stage and significant capital expenditure arrangements[179]. Financial Performance - The company's operating revenue for 2021 was CNY 294,547,361.45, representing a 17.57% increase compared to 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 42,902,605.57, a decrease of 30.27% from the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 32,878,962.02, down 38.75% year-on-year[19]. - The net cash flow from operating activities was CNY 37,224,029.71, a decline of 56.15% compared to 2020[19]. - Basic earnings per share for 2021 were CNY 0.45, a decrease of 45.12% from CNY 0.82 in 2020[19]. - Total assets at the end of 2021 amounted to CNY 785,907,700.52, an increase of 47.90% from the previous year[19]. - The net assets attributable to shareholders at the end of 2021 were CNY 574,237,416.14, reflecting a 57.51% increase year-on-year[19]. Corporate Governance - The financial report confirms that all board members attended the meeting to review the report, ensuring accountability for the accuracy and completeness of the financial statements[4]. - The report indicates that the company has a robust governance structure in place, as detailed in the corporate governance section[7]. - The company maintains a complete separation from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring independent business capabilities[133]. - The financial department operates independently, with a complete financial accounting system and independent bank accounts, ensuring no shared accounts with shareholders[137]. - The company has established a robust corporate governance structure, with no interference from controlling shareholders in the appointment of senior management[136]. Risk Management - The company emphasizes the importance of risk awareness among investors regarding forward-looking statements and potential operational risks[5]. - There were no significant internal control deficiencies reported during the period, ensuring effective risk management and operational integrity[182]. - The internal control system has been updated and is designed to cover all major aspects of the company's operations, with no major omissions identified[181]. Research and Development - The company invested CNY 13.19 million in R&D, which is 4.48% of total revenue, marking a 21.90% increase year-on-year[61]. - The company increased its R&D personnel from 62 in 2020 to 74 in 2021, representing a growth of 19.35%[84]. - The company is focusing on the development of new technologies to meet customer demands for product quality improvements and special product requirements[80]. - The company has obtained 97 patents, including 22 invention patents, demonstrating its strong innovation capabilities in energy-saving and environmental protection technologies[52]. Market Presence and Strategy - The company is positioned in the first tier of the industry due to its advantages in technology research and development, market presence, and qualifications[34]. - The company has a strong international market presence, with products exported to Asia, Europe, America, Oceania, and Africa, serving leading international clients[54]. - The company plans to expand its market presence by leveraging the "dual carbon" policy, focusing on solid waste treatment and clean coal utilization, aiming to create new growth points through international collaborations[113]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[154]. Social Responsibility - The report highlights the company's commitment to social responsibility and environmental sustainability[5]. - The company has donated 300,000 RMB to several universities to support education and assist outstanding students[194]. - The company has implemented targeted assistance programs in rural areas, providing financial support to help prevent poverty among the local population[195]. Employee Management - The total number of employees at the end of the reporting period is 339, with 247 in production, 13 in sales, 35 in technical roles, 8 in finance, and 36 in administration[172]. - The company has invested in employee training, including online courses during the pandemic, to enhance professional skills and overall employee quality[175]. - The company has established a competitive and fair salary policy, regularly adjusting salaries based on company performance and market surveys[174]. Compliance and Regulations - The company strictly complies with national environmental laws and regulations, and has not received any significant administrative penalties for environmental violations during the reporting period[187]. - The company has established a long-term commitment to adhere to the partnership agreement and relevant regulations regarding capital contributions and share transfers[200]. - The company is actively engaged in compliance with the relevant regulations during the lock-up period[200].