汇创达(300909) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥608,699,349.21, representing a 49.59% increase compared to ¥406,902,255.81 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥94,628,855.58, an 18.95% increase from ¥79,554,398.27 in 2019[18]. - The net cash flow from operating activities reached ¥106,522,454.24, a significant increase of 1,100.12% compared to ¥8,875,987.44 in 2019[18]. - The total assets at the end of 2020 amounted to ¥1,423,936,390.84, reflecting a 161.57% increase from ¥544,370,908.95 at the end of 2019[18]. - The basic earnings per share for 2020 was ¥1.22, up 16.19% from ¥1.05 in 2019[18]. - The company achieved quarterly revenues of ¥208,142,346.15 in Q4 2020, marking a strong finish to the year[20]. - The total net assets attributable to shareholders increased by 228.36% to ¥1,130,055,458.20 at the end of 2020 from ¥344,152,065.90 at the end of 2019[18]. - The company achieved total revenue of 609 million yuan, a year-on-year increase of 49.59%[47]. - Operating profit reached 115 million yuan, up 31.33% compared to the previous year[47]. - The light guide component business saw significant growth, with sales revenue of 492 million yuan, a 51% increase[47]. Risk Management - The company has detailed potential risks in the section "Outlook for Future Development" of the report, urging investors to be cautious[4]. - The company faces risks from fluctuations in downstream market demand, which could impact its performance if not aligned with electronic product applications[89]. - There is a risk of supply shortages from key component suppliers, which could affect order demand and production schedules[89]. - The company is exposed to exchange rate risks due to its export business primarily being settled in USD, which could impact profits[92]. Governance and Compliance - All board members attended the meeting to review the report, indicating full governance participation[4]. - The financial report ensures the authenticity, accuracy, and completeness of the data presented, with the responsible parties bearing legal liability[3]. - The company has committed to adhering to relevant laws and regulations regarding profit distribution[100]. - The company will strictly adhere to all public commitments made during the IPO process, ensuring transparency and accountability[112]. Research and Development - The company emphasizes the importance of quality management and environmental standards, adhering to ISO9001 and ISO14001 certifications[9]. - The company reported a total of 40,844,952 shares held by key executives, with no changes in shareholding during the reporting period[175]. - The company applied for 19 new patents and was granted 23 patents during the reporting period, totaling 98 valid patents by the end of 2020[49]. - The company’s research and development capabilities are supported by a well-structured technical team, enhancing its competitive edge in optical microstructure design and automated manufacturing processes[41]. Shareholder Returns - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company plans to not distribute cash dividends for the fiscal year 2020, with retained earnings carried over to the next year[97]. - The cash dividend amount for 2020 is CNY 0.00, representing 0.00% of the net profit attributable to shareholders[100]. - The company emphasizes the need for retained earnings to support future business expansion and operational stability[100]. Market and Product Strategy - The company aims to strengthen its market share in backlight modules through continuous improvement in product quality and production efficiency[34]. - The company is focusing on developing high-transmittance, lightweight, and low-energy-consuming guiding products using micro-nano hot pressing technology[85]. - The company plans to expand the application of its products to LCD display devices, LED lighting equipment, and automotive electronics[85]. - The company is actively pursuing market expansion and product innovation to enhance competitiveness and profitability[46]. Employee and Management Structure - The total number of employees is 1,312, with 404 in the parent company and 908 in major subsidiaries[192]. - The company has established a comprehensive training system to enhance management and technical staff capabilities, aiming to improve core competitiveness[194]. - The company’s management team remains stable, with no new appointments or departures reported[175]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.36 million[190]. Financial Reporting and Audit - The audit firm Daxin Certified Public Accountants has been engaged for 4 consecutive years, with an audit fee of ¥550,000 for the current period[120]. - The company did not experience any changes in the scope of consolidated financial statements compared to the previous year[119]. - The company confirmed that there were no instances of facing delisting risks following the annual report disclosure[122]. - The company reported no significant litigation or arbitration matters during the reporting period[123].