华研精机(301138) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥558,703,416.19, representing a 6.96% increase from ¥522,354,951.32 in 2020[16]. - The net profit attributable to shareholders for 2021 was ¥98,555,162.01, a 25.42% increase compared to ¥78,581,022.48 in 2020[16]. - The net cash flow from operating activities reached ¥140,747,336.39, showing a significant increase of 100.98% from ¥70,031,137.29 in 2020[16]. - The total assets at the end of 2021 amounted to ¥1,432,130,251.30, a 144.13% increase from ¥586,614,831.68 at the end of 2020[16]. - The net assets attributable to shareholders increased by 237.86% to ¥1,099,743,803.60 at the end of 2021 from ¥325,506,161.41 at the end of 2020[16]. - The basic earnings per share for 2021 was ¥1.1, reflecting a 26.44% increase from ¥0.87 in 2020[16]. - The company reported a quarterly revenue of ¥175,836,756.74 in Q4 2021, the highest among the four quarters[18]. - In 2021, the company achieved a total revenue of 558.70 million yuan, representing a year-on-year growth of 6.96%[41]. - The company's net profit for 2021 was 102.40 million yuan, an increase of 24.45% compared to the previous year[41]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 4.00 RMB per 10 shares (including tax) to all shareholders, based on a total share capital of 120,000,000 shares[4]. - The company reported a cash dividend of 48,000,000.00 CNY, which represents 100% of the distributable profit[127]. - The total distributable profit for the year was 208,351,686.42 CNY, with no stock bonus shares issued[127]. - The company did not propose any cash dividend distribution plan during the reporting period despite having positive distributable profits[127]. - The company has a total of 35,255 shareholders, with significant holdings by individuals such as Bao Helin and Wen Shixu, each holding 28.58%[182]. Corporate Governance - The company has established independent decision-making and supervisory bodies, including a shareholders' meeting, board of directors, and supervisory board, ensuring no institutional confusion with controlling shareholders[98]. - The board of directors consists of seven members, including three independent directors, ensuring a structured governance framework[94]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations[97]. - The company has a dedicated investor relations management system to enhance communication and transparency with investors[96]. - The company has been expanding its board with independent directors to enhance governance and oversight[110]. - The company has a structured remuneration decision-making process based on performance evaluations and market standards[111]. Research and Development - The company holds a total of 105 patents, including 11 invention patents and 91 utility model patents[37]. - Research and development investment for 2021 was 25.19 million yuan, accounting for 4.51% of total revenue[41]. - The company has achieved a production cycle and efficiency for bottle preform equipment that is close to international leading levels, with the capability to design and manufacture molds with up to 176 cavities[35]. - The company has successfully developed a rotary wind tunnel secondary cooling system, which is expected to shorten the preform molding cycle and improve product competitiveness[56]. - The company has initiated the development of a fully automated preform conveying and self-loading system, which is expected to enhance the efficiency of the preform handling process[56]. Market Position and Strategy - The company is positioned in the bottle preform molding equipment industry, which is evolving towards integration, platformization, and automation[26]. - The company’s main products align with national policies promoting smart manufacturing and Industry 4.0, indicating future growth potential[26]. - The company aims to enhance the performance of its products in terms of intelligence, molding cycle, production efficiency, energy conservation, and system stability[85]. - The company targets Southeast Asia, South Asia, and Africa for international market expansion, focusing on countries with high population density and water/milk consumption[87]. - The company plans to enhance its product offerings by focusing on multi-layer barrier packaging technology and intelligent equipment upgrades[42]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements related to development strategies and future plans[4]. - The company’s management discusses potential risks and countermeasures in the annual report, highlighting its proactive approach to risk management[4]. - The company has established a strict supplier management system, ensuring quality control and cost management through dual sourcing for critical materials[31]. Environmental and Social Responsibility - The company has implemented necessary environmental protection measures and facilities to ensure compliance with pollution discharge standards[134]. - The company has developed emergency response plans for environmental incidents and has filed risk assessment reports with local ecological authorities[135]. - The company emphasizes the importance of social responsibility as part of its sustainable development strategy[136]. Financial Management - The company reported a net cash flow from financing activities of ¥659,979,479.75 in 2021, a substantial increase of 2,546.70% compared to -¥26,974,249.73 in 2020, mainly due to funds raised from the IPO[63]. - The total cash and cash equivalents increased by ¥771,880,741.90 in 2021, a remarkable growth of 2,379.34% from ¥31,132,511.88 in 2020[60]. - The company has a total of CNY 39.60 million in construction in progress for the R&D center project[67]. - The company has a total of 70,453.65 million RMB in actual balance of raised funds, including net interest income after deducting bank fees[77]. Employee Information - The company had a total of 675 employees at the end of the reporting period, with 536 in the parent company and 139 in major subsidiaries[122]. - The employee composition includes 389 production personnel, 39 sales personnel, 77 technical personnel, 20 financial personnel, and 150 administrative personnel[122]. - The educational background of employees shows 2 with master's degrees or above, 83 with bachelor's degrees, 148 with associate degrees, and 442 with below associate degrees[123]. Compliance and Legal Matters - The audit opinion for the financial statements was a standard unqualified opinion, issued on April 18, 2022[194]. - The company has maintained a good integrity status with no unfulfilled court judgments or significant overdue debts[159]. - The company has not engaged in any significant related party transactions during the reporting period[160]. - The company has not experienced any bankruptcy restructuring during the reporting period[158].