Financial Performance - The company's operating revenue for 2021 was ¥512,151,997.31, representing a 15.38% increase compared to ¥443,875,067.33 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥49,410,912.21, a decrease of 2.64% from ¥50,749,035.15 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥36,920,209.23, down 21.24% from ¥46,877,376.56 in 2020[20]. - The net cash flow from operating activities decreased by 67.84% to ¥23,163,825.51 from ¥72,034,058.82 in 2020[20]. - The total assets at the end of 2021 were ¥819,070,721.74, an increase of 17.64% from ¥696,274,570.03 at the end of 2020[20]. - The net assets attributable to shareholders increased by 57.93% to ¥590,031,678.06 from ¥373,596,506.90 at the end of 2020[20]. - The company reported a basic earnings per share of ¥0.37, down 15.91% from ¥0.44 in 2020[20]. - The total operating revenue for 2021 was CNY 512,151,997.31, representing a year-on-year increase of 15.38% from CNY 443,875,067.33 in 2020[67]. - Operating costs rose to RMB 392,444,097.65, a 23.33% increase from RMB 318,214,327.56, primarily due to increased orders and freight costs[64]. - The company reported a net increase in cash and cash equivalents of CNY 24,160,773.80, a significant increase of 422.58% due to IPO fundraising in June[65]. Dividend Distribution - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total of 153,340,000 shares[5]. - The cash dividend proposed for 2021 is CNY 1.00 per 10 shares, totaling CNY 15,334,000.00, which represents 100% of the total profit distribution[181]. - The cash dividend distribution plan aligns with the company's articles of association and has been approved by the board and independent directors[180]. Research and Development - R&D expenses totaled over 27 million yuan, reflecting a year-on-year increase of 35.26%, leading to advancements in various high-precision components[44]. - The company completed several key R&D projects in 2021, including the development of the electric power steering system and high-end motor shafts, aimed at enhancing market competitiveness[80]. - The company aims to further improve customer stickiness and profitability through its R&D initiatives[80]. - The company is focusing on high-value products with significant market demand, such as the injector shell and electric vehicle shafts, which are expected to improve sales and profitability[82]. - The company invested CNY 27,116,695.08 in R&D, representing 5.29% of its operating revenue, an increase from 4.52% in the previous year[84]. Market and Industry Trends - The automotive industry faced challenges such as chip shortages and rising raw material prices, yet the company maintained stable revenue growth[29]. - The domestic automotive market saw production and sales of 26.08 million and 26.27 million vehicles in 2021, respectively, with year-on-year growth of 3.4% and 3.8%[29]. - The penetration rate of new energy vehicles increased from 5.4% at the beginning of 2021 to 13.6% by the end of the year[29]. - The company is actively expanding into hydrogen energy vehicle components, with several products currently in the sampling phase[43]. Corporate Governance - The company has established independent governance structures, including a board of directors and supervisory board, ensuring organizational independence[146]. - The company has a governance structure that does not include any differential voting rights arrangements[150]. - The company is committed to maintaining the interests of minority shareholders and ensuring fair decision-making processes[170]. - The company has maintained a stable governance structure with no changes in the board composition[151]. Risk Management - The company has outlined potential risks in its future development outlook and corresponding countermeasures[5]. - The company faces risks related to macroeconomic fluctuations, raw material price volatility, and potential declines in the automotive industry[114][115][116]. - The controlling shareholder, Dalian Demais Investment Co., Ltd., holds a 16.73% stake, posing a risk of unstable control rights[123]. Employee Management - The total number of employees at the end of the reporting period was 1,266, with 254 in the parent company and 1,012 in major subsidiaries[174]. - The professional composition of employees includes 1,102 production personnel, 56 technical personnel, and 16 sales personnel[175]. - Employee training programs are emphasized, including various types of training for different levels of staff[177]. - The company has no retired employees requiring pension expenses, indicating a focus on current workforce management[174]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental protection strategy, ensuring all environmental factors meet national and local standards[196]. - The company donated 300,000 RMB to the Red Cross for pandemic prevention efforts in the region[195]. - The company achieved a nearly 90% vaccination rate among employees[198]. - The company has established a series of emergency response measures for pandemic control, including health monitoring and disinfection protocols[198]. Financial Management - The company has independent financial management, with a dedicated finance department and a standardized accounting system, ensuring no shared bank accounts with related parties[145]. - The company has established a fundraising management system and signed a tripartite supervision agreement with the sponsor and relevant banks to ensure proper management of the raised funds[96]. - The company has not utilized any idle raised funds temporarily for supplementary working capital[102]. Strategic Initiatives - The company plans to expand its market share and customer base through new product developments and innovative processing techniques[80]. - The company is exploring the installation of solar photovoltaic systems to reduce operational costs and support green energy initiatives[111]. - The company intends to implement a "smart Demais" initiative, integrating automation and information technology into production processes[110].
德迈仕(301007) - 2021 Q4 - 年度财报