HYNAR WATER(SZ:300961)2022-11-19 02:40Group 1: Company Performance and Financials - The company's stock has significantly declined since its listing, with a 57.77% decrease in net profit attributable to shareholders in 2021 compared to 2020 [2] - In 2021, the company achieved operating revenue of 548.95 million, a decrease of 2.94% year-on-year, and a net profit of 39.03 million, down 57.77% [3] - The company faced substantial losses in Q4 2021 due to delays in project construction and increased expenses from strategic market positioning and R&D investments, which rose by 42.23 million [3] Group 2: Strategic Focus and Business Development - The company is focusing on industrial wastewater treatment and quality water supply, aiming to optimize its business and asset structure for sustainable development [2] - It plans to integrate resources and explore new business areas in the renewable energy and environmental industry chain to create new profit growth points [2] - The company has established a strategic focus on the "Belt and Road" initiative, planning to leverage its technical and management advantages to expand international market operations [9] Group 3: Research and Innovation - In 2021, R&D investment increased by 38.66%, leading to significant technological advancements and the establishment of a postdoctoral innovation practice base [4] - The company has obtained 53 patents and received awards for innovation in industry-academia cooperation [4] - It is developing new technologies for wastewater treatment, including low-oxygen aeration and resource recovery processes [8] Group 4: Market Impact and Challenges - The COVID-19 pandemic has affected project progress, but operations have returned to normal [5] - The company has a market share of 50.86% in the East China region, and the impact of the Shanghai pandemic on revenue is being monitored [6] - Rising prices of raw materials have not significantly affected operations, as the company has established long-term agreements with suppliers [10]