Company code: 688021 company abbreviation: Aofu Environmental Technology Co.Ltd(688021) Aofu Environmental Technology Co.Ltd(688021)
Annual report for 2021
Important tips
1、 The board of directors, board of supervisors, directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and integrity of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2、 The company is not profitable and has not achieved profit when it is listed □ yes √ no III. Major Risks suggest that the company has described the risks faced by the company in this report. Please refer to the relevant contents of Article 4 risk factors in the discussion and analysis of management in Section III of this report for investors' attention. 4、 All directors of the company attended the board meeting. 5、 Rongcheng Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 6、 Pan Jiqing, the person in charge of the company, Cao Zheng, the person in charge of accounting, and Cao Zheng, the person in charge of the accounting organization (Accounting Supervisor), declare that they guarantee the authenticity, accuracy and completeness of the financial report in the annual report. 7、 The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
After deliberation at the ninth meeting of the third board of directors, the profit distribution plan of the company for 2021 is as follows: Based on the total share capital of 77283584 shares on December 31, 2021, the company will distribute cash dividends of RMB 2.6 (including tax) to all shareholders for every 10 shares, with a total dividend of 20093731.84 yuan, accounting for 30.53% of the net profit of 65824900.64 yuan of the listed company in the current year. The company has no plan to transfer capital reserve to increase this year.
The above profit distribution plan has been independently commented by independent directors, and the profit distribution plan shall be implemented after being deliberated and approved by the company's 2021 annual general meeting of shareholders. 8、 Whether there are important matters such as special arrangements for corporate governance □ applicable √ not applicable IX. risk statement of forward-looking statements √ applicable □ not applicable
The company's future plans, development strategies and other forward-looking statements involved in this report do not constitute the company's substantive commitment to investors. Investors are reminded to pay attention to investment risks. 10、 Is there any non operating occupation of funds by the controlling shareholders and their related parties? No
11、 Whether there is any external guarantee in violation of the specified decision-making procedures? No 12. Whether more than half of the directors cannot guarantee the authenticity, accuracy and integrity of the annual report disclosed by the company? No 13. Others □ applicable √ not applicable
catalogue
Section 1 interpretation five
Section II Company Profile and main financial indicators seven
Section III Management Discussion and Analysis eleven
Section IV corporate governance thirty-seven
Section V environment, social responsibility and other corporate governance fifty-four
Section VI important matters fifty-nine
Section VII changes in shares and shareholders seventy-eight
Section 8 preferred shares eighty-four
Section IX relevant information of corporate bonds eighty-five
Section x financial report eighty-five
The financial statements containing the signatures and seals of the legal representative of the company, the person in charge of accounting and the person in charge of accounting institutions.
The list of documents for reference, the text of all company documents and the original version of the announcement publicly disclosed on the website designated by the CSRC during the reporting period.
The original of the audit report with the seal of the accounting firm and the signature and seal of the certified public accountant.
The original copy of the 2021 annual report signed by the chairman.
Section I interpretation
1、 Interpretation in this report, unless the context otherwise requires, the following words have the following meanings: Interpretation of common words
Aofu Environmental Technology Co.Ltd(688021) , company, refers to Aofu Environmental Technology Co.Ltd(688021)
Our company
Chongqing aofu refers to Chongqing aofu Fine Ceramics Co., Ltd
Aofu Co., Ltd. refers to Beijing aofu (Linyi) Fine Ceramics Co., Ltd
Dezhou Aoshen refers to Dezhou Aoshen energy saving and Environmental Protection Technology Co., Ltd
Jiangxi aofu Fine Ceramics Co., Ltd
Chuangdao technology refers to Beijing chuangdao aofu Technology Development Co., Ltd., formerly known as Beijing chuangdao aofu Fine Ceramics Co., Ltd
Chuangdao industry refers to Beijing chuangdao Industrial Ceramics Co., Ltd
Anhui aofu refers to Anhui aofu Fine Ceramics Co., Ltd
Bengbu Ogilvy means Bengbu Ogilvy Precision Manufacturing Co., Ltd
Rare earth catalysis refers to rare earth catalysis Innovation Research Institute (Dongying) Co., Ltd
Linyi rural commercial bank refers to Shandong Linyi Rural Commercial Bank Co., Ltd
Shanghai yunbaizhi Shanghai Yunbai International Logistics Co., Ltd
Shangchai power index Shanghai Diesel Engine Co.Ltd(600841)
Anhui Quanchai Engine Co.Ltd(600218) means Anhui Quanchai Engine Co.Ltd(600218)
Corning refers to Corning Inc, Corning Corporation of the United States, a world-famous manufacturer of special glass and ceramic materials
NGK refers to NGK inspectors, Ltd, Japan Jizi Co., Ltd., a world-famous manufacturer of industrial ceramics
Sinotruk Jinan Truck Co.Ltd(000951) refers to China Heavy Truck Group Co., Ltd
Sinotruk rubber and plastic refers to Sinotruk Jinan Truck Co.Ltd(000951) Group Jinan rubber and plastic parts Co., Ltd
Weichai Power Co.Ltd(000338) refers to Weichai Power Co.Ltd(000338)
Yuchai power refers to Guangxi Yuchai Power Co., Ltd
Kunming Yunnei Power Co.Ltd(000903) refers to Kunming Yunnei Power Co.Ltd(000903)
Cummins refers to Cummins, the world's leading power equipment manufacturer
Jiangling Motors Corporation Ltd(000550) refers to Jiangling Motors Corporation Ltd(000550)
Daimler refers to Daimler AG, Daimler AG, the world's leading manufacturer of commercial vehicles
Graceful branch refers to Umicore S.A., Belgium graceful branch company, a world-famous automobile catalyst manufacturer
Johnson Matthey PLC refers to Johnson Matthey PLC, the UK's Johnson Matthey group, a world-renowned manufacturer of automotive catalysts
BASF refers to basfse, Germany's BASF AG, a world-renowned manufacturer of automotive catalysts
Weifu environmental protection refers to Wuxi Weifu environmental protection catalyst Co., Ltd
Sinocat Environmental Technology Co.Ltd(688737) refers to Sinocat Environmental Technology Co.Ltd(688737)
Guiyan catalyst refers to Kunming Guiyan catalyst Co., Ltd
Actblue Co.Ltd(300816) refers to Actblue Co.Ltd(300816)
AP refers to apemissions technologies, LLC, a famous American company that produces and sells automobile exhaust emission control products
Skyline refers to skyline emissions, Inc., a US company specializing in the design, development and manufacture of diesel particulate filters and related key emission components. It is a subsidiary of ESW group established in 2015
HCC refers to heesungcatalystscorp, a well-known company in Korea that produces and sells automobile exhaust catalysts
Ceracombb refers to ceracombb Co., Ltd., a Korean company, which mainly produces catalytic products for the elimination of industrial harmful gases, the purification of automobile exhaust gases and filters to reduce soot
CSRC refers to the China Securities Regulatory Commission
Internal combustion engine tail gas post-treatment refers to the effective purification treatment of the tail gas emission generated by the internal combustion engine during operation, so as to reduce the toxic and harmful components, so as to meet the requirements of relevant laws and regulations on tail gas emission
Country 1, country 2 and country 3 refer to China's first, second, third, fourth, fifth and sixth stage motor vehicle pollutant emission standards
Honeycomb ceramic is a kind of porous ceramic. Its internal shape is many parallel channels in honeycomb shape, and its honeycomb unit is divided by lattice thin partition wall
Large size honeycomb ceramic carrier refers to honeycomb ceramic carrier with section diameter ≥ 250mm
body
Type approval refers to the approval of an engine (or engine family) type with respect to the emission level of exhaust pollutants
Non road mobile machinery refers to mobile machinery and transportable industrial equipment powered by compression ignition engine, ignition engine and new energy.
It mainly includes engineering machinery, agricultural machinery, forestry machinery, fishery machinery, generator sets and airport ground handling equipment
NOx refers to nitrogen oxides, mainly no and NO2
HC refers to hydrocarbons
PM refers to particulate matter
VOCs command volatile organic compounds, including benzene series, organic chlorides, freon series, organic ketones, amines, alcohols, ethers, esters, acids and petroleum hydrocarbon compounds
TWC refers to three way catalyst, which simultaneously converts three harmful substances Co, HC and NOx in tail gas into H2O, CO2 and N2 through redox reaction
SCR refers to selective catalyst reduction, which selectively reduces NOx to N2 under the action of catalyst
Doc refers to diesel oxidation catalyst, which oxidizes CO and HC produced by diesel combustion under the action of catalyst to produce CO2 and H2O
Act-dpf refers to asymmetric cell type diesel particulate filter
SiC DPF refers to silicon carbide diesel particulate filter
DPF refers to diesel particulate filter, which is installed in diesel exhaust post-treatment system and can filter particulate matter in exhaust gas
GPF refers to the gasoline particulate filter, which is installed in the gasoline engine tail gas post-treatment system and can filter the particles in the tail gas
ASC refers to ammonia slip catalyst, which changes the ammonia leaked during the reduction of NOx by urea oxide into nitrogen
Specific surface area refers to the total area of a material per unit mass (the sum of outer surface area and inner surface area)
Wall thickness refers to the thickness of the hole wall of honeycomb ceramic carrier
The coefficient of thermal expansion refers to the volume change of the object caused by the change of unit temperature (generally from room temperature to 800 ℃)
VMI refers to vendor managed inventory
