ETERN(SH:600105)2022-11-19 03:26Group 1: Company Strategy and Development - The company aims for "century-long development" with a strategic focus on "optical-electrical integration and collaborative development" [1] - Key development guidelines include "layout optimization, talent introduction, management improvement, technological advancement, and intelligent upgrading" to enhance overall competitiveness [1] - The optical communication industry will focus on "new infrastructure" and provide DCI data collection and information service solutions [2] Group 2: Financial Performance - As of December 31, 2021, total assets amounted to CNY 743,830.84 million, with a debt-to-asset ratio of 57.06%, showing an increase in assets and a decrease in the debt ratio compared to the previous year [2] - The company reported a net profit attributable to shareholders of CNY 680.25 million in 2021, marking a significant turnaround from losses in the previous year [3] - Revenue for 2021 reached CNY 1.296 billion, reflecting a year-on-year increase of 20.95% [3] Group 3: Business Segments and Clientele - The automotive wiring harness segment has major clients including SAIC Volkswagen, Volvo, and NIO, with a 600% year-on-year increase in high-voltage business [2] - The company has secured 18 new projects from clients such as SAIC Volkswagen and Cummins, despite challenges from chip shortages and the pandemic [2] - The overseas power engineering business has successfully delivered contracts worth over USD 1.5 billion, focusing on countries along the "Belt and Road" initiative [3] Group 4: Research and Development - The company is increasing investment in the R&D of "optical modules, optical devices, and optical chips" to align with the trends of "dual-gigabit" acceleration and data center expansion [2] - A complete business chain from chips to systems is being established, with stable supply of AWG and filter products achieved in 2021 [3]