Weaver Network(SH:603039)2022-04-28 16:00Financial Performance - The net profit attributable to shareholders for 2021 was RMB 308,698,725.21, with the parent company achieving a net profit of RMB 286,276,792.94[6] - The total distributable profit for 2021, after accounting for various deductions, was RMB 881,623,656.87[6] - The company's operating revenue for 2021 reached ¥2,002,863,165.68, representing a year-on-year increase of 35.11% compared to ¥1,482,395,169.37 in 2020[26] - The net profit attributable to shareholders of the listed company was ¥308,698,725.21 in 2021, up 34.48% from ¥229,550,091.47 in 2020[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥206,868,304.52, reflecting a significant increase of 49.35% from ¥138,513,317.60 in the previous year[26] - The net cash flow from operating activities for 2021 was ¥372,444,072.34, which is a 22.14% increase compared to ¥304,919,952.11 in 2020[26] - The total assets at the end of 2021 amounted to ¥3,376,713,237.40, a 24.48% increase from ¥2,712,737,520.83 at the end of 2020[29] - The net assets attributable to shareholders of the listed company increased to ¥1,879,551,716.15, marking a 39.55% rise from ¥1,346,822,644.54 in 2020[29] - Basic earnings per share for 2021 were ¥1.20, up 30.43% from ¥0.92 in 2020[29] - The diluted earnings per share also increased to ¥1.20, reflecting a 31.87% rise compared to ¥0.91 in the previous year[29] Dividend and Reserves - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) based on the total share capital as of the dividend distribution date[6] - The company extracted 10% of the net profit as statutory surplus reserve, amounting to RMB 28,627,679.29[6] Audit and Compliance - The company has received an unqualified audit report with emphasis on matters related to going concern uncertainties[5] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7] - The internal control audit for 2021 received a negative opinion, highlighting potential risks[9] - The company emphasizes the importance of investor awareness regarding the risks associated with forward-looking statements[7] Market Strategy and Growth - The company has a comprehensive strategy for market expansion and product development, although specific figures were not disclosed in the provided content[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26] - The company is focusing on enhancing its intelligent system capabilities, including the development of a smart portal to improve user experience[92] - The company aims to expand its marketing service network, establishing new service points in various regions to provide comprehensive technical support and services[178] - The company will continue to leverage strategic partnerships, such as with Tencent Enterprise WeChat, to enhance system application scenarios and expand its market reach[175] Product Development and Technology - The company has focused on enhancing its collaborative management and mobile office software products, including e-cology, e-office, and eteams, to serve various organizational needs[37] - The company has made significant advancements in its technology architecture, supporting domestic databases and operating systems, and has actively engaged in the domestic innovation market[40] - The introduction of the intelligent portal and no-code platform has improved user experience and application deployment speed, enhancing the company's competitive edge in mobile office solutions[41] - The company has developed a secure online signing service that addresses core issues related to document signing and transmission, improving operational efficiency for various organizations[42] - The company has implemented a trusted digital identity system to ensure real identity verification, addressing common issues such as account theft and unauthorized access to sensitive data[42] - The company has implemented a comprehensive digital document management solution covering various types of documents, enhancing data collection and analysis capabilities[44] - The company has achieved compatibility with Huawei's HarmonyOS 2.0, enhancing its digital office service platform and continuing collaboration with Huawei Cloud[45] - The company has launched multiple application features and solutions to enhance its core competitiveness in the mobile office sector[92] - The company developed seven specialized application products, including human resource management and document management, to support clients' business development[95] Research and Development - The company invested approximately 243.6 million yuan in R&D, accounting for 12.16% of its revenue during the reporting period[98] - The company has obtained 169 software copyrights and 2 invention patents by the end of the reporting period, reflecting its long-term technology accumulation[101] - The company maintains a high R&D expense ratio of approximately 15% of revenue, which is above industry peers, ensuring strong competitiveness in product and technology[126] Sales and Marketing - The company employs a direct sales model for large and medium-sized enterprises, focusing on e-cology products, while targeting small enterprises with e-office and eteams through both direct sales and channel distribution[72][73] - The company has established over 500 service teams across more than 100 cities in nine major regions, enhancing its marketing service system for large organizations[49] - The company has enhanced its marketing strategies through various online and offline promotional activities, increasing product awareness and user engagement[50] Governance and Shareholder Relations - The company held its second extraordinary general meeting in 2021, where amendments to the Articles of Association and related rules were approved[185] - The board of directors consists of nine members, including three independent directors, and operates in compliance with relevant laws and regulations[187] - The supervisory board is composed of three members, including a chairman, and ensures compliance and oversight of the company's financial status[189] - Independent directors are required to act in the best interest of all shareholders, particularly minority shareholders, and have actively participated in board meetings[191] - The company has established a dedicated information disclosure management system to ensure timely and accurate communication with shareholders[193]