Financial Performance - The company's operating revenue for 2021 was ¥226,220,138.98, a decrease of 26.44% compared to ¥307,545,934.59 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥85,669,764.77, down 39.49% from ¥141,578,557.87 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥67,666,844.98, a decline of 48.77% from ¥132,079,625.32 in 2020[19]. - The company's total assets increased by 68.65% to ¥1,102,790,248.87 at the end of 2021, compared to ¥653,891,746.78 at the end of 2020[19]. - The net assets attributable to shareholders rose by 107.57% to ¥914,838,717.57 at the end of 2021, up from ¥440,743,699.96 at the end of 2020[19]. - The basic earnings per share for 2021 was ¥1.09, a decrease of 45.50% from ¥2.00 in 2020[19]. - The weighted average return on equity was 13.99%, down 24.41% from 38.40% in 2020[19]. - The net cash flow from operating activities increased by 23.83% to ¥143,040,801.26 in 2021, compared to ¥115,509,472.31 in 2020[19]. - The company achieved operating revenue of 226.22 million yuan, a decrease of 26.44% compared to the previous year[49]. - The net profit attributable to shareholders was 85.67 million yuan, down 39.49% year-on-year[49]. Dividend Distribution - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on a total of 94,253,334 shares[4]. - The company plans to maintain a cash dividend ratio of no less than 10% of the net profit attributable to shareholders, provided certain conditions are met[162]. - In mature stages without significant capital expenditure, the cash dividend proportion should reach at least 80% of the profit distribution[162]. - The company has a minimum cash dividend ratio of 20% for profit distribution during its growth phase, considering significant capital expenditure plans[168]. - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares, totaling RMB 23,563,333.50 for the year, which represents 100% of the distributable profit[168]. Risk Management and Compliance - The company emphasizes the importance of risk management and outlines strategies for future development in the management discussion section[4]. - The company has established a comprehensive internal control system to enhance management and risk prevention capabilities[171]. - There were no significant internal control deficiencies reported during the reporting period[174]. - The company has implemented comprehensive safety production systems and regular employee training to mitigate safety production risks associated with hazardous waste handling[107]. - The company recognizes the risk of talent shortages in the hazardous waste disposal industry and is focused on building a strong talent pipeline and improving employee training and incentive mechanisms[114]. - The company is aware of the competitive landscape and the need for continuous technological innovation to maintain its market position in the hazardous waste disposal sector[108]. - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[126]. - The company has no significant penalties for violations of national laws and regulations during the reporting period[176]. Environmental and Social Responsibility - The company has established pollution prevention facilities that operate stably, with all pollutant discharge indicators meeting the required standards[180]. - The company has obtained environmental impact assessment approvals from regulatory authorities for all construction projects during the reporting period[181]. - The company has developed an emergency response plan for environmental incidents, outlining principles and procedures for emergency management[182]. - The company has actively engaged in public welfare activities, including donations for flood relief efforts in Henan, demonstrating its commitment to social responsibility[187]. - The company has established itself as a comprehensive environmental protection enterprise specializing in the treatment of industrial hazardous waste, medical waste, and the dismantling of discarded electrical and electronic products, achieving a harmonious balance of economic, environmental, and social benefits[184]. Research and Development - The company has obtained 48 patents through independent and collaborative research and development, enhancing its technological capabilities in waste treatment and resource utilization[40]. - The company has a dedicated R&D center and collaborates with universities and research institutions to enhance its technological capabilities[49]. - Total research and development (R&D) investment amounted to CNY 10,448,486.38 in 2021, accounting for 4.62% of operating revenue, an increase from 4.22% in 2020[76]. - Investment in R&D increased by 30% in 2021, focusing on innovative environmental technologies and sustainable solutions[199]. - The company has completed the mid-term review of the project aimed at developing a harmless treatment process for waste circuit boards, achieving 10 utility model patents and 3 appearance patents[71]. Market Position and Strategy - The company is a leading provider of hazardous waste disposal services in Anhui Province, with a strong market position in both industrial and medical waste management[44]. - The company is the only centralized medical waste disposal institution in Chuzhou City, enhancing its competitive advantage in the region[44]. - The company intends to expand its market presence in the Yangtze River Delta region, optimizing its marketing model and broadening its customer base[102]. - The company plans to expand its hazardous waste disposal and resource utilization base to cover the Yangtze River Delta region, aiming to build the "ChaoYue Smart Circular Economy Industrial Park"[111]. - The company aims to launch two new products in Q2 2022, which are anticipated to contribute an additional 200 million RMB in revenue[196]. Governance and Management - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[120]. - The board of directors comprises 7 members, including 3 independent directors, and operates through four specialized committees[123]. - The company maintains independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers[128]. - The company has a robust information disclosure system, ensuring timely and accurate communication with investors through designated media[126]. - The company has a diverse management team with extensive backgrounds in finance, engineering, and environmental science, enhancing its operational capabilities[140]. Employee Relations - Employee rights are prioritized, with the company providing comprehensive training and benefits, including social insurance and various welfare programs to enhance employee quality of life[186]. - The total number of employees at the end of the reporting period is 402, with 397 from the parent company and 5 from major subsidiaries[155]. - The professional composition includes 245 production personnel, 57 technical personnel, 7 sales personnel, 6 financial personnel, and 87 administrative personnel[156]. - The company has established a comprehensive salary system that combines individual performance with company performance, ensuring fair and competitive compensation[157]. - The company emphasizes continuous improvement of its training system to enhance employee skills and support organizational strategic goals[160].
超越科技(301049) - 2021 Q4 - 年度财报