Work report of the board of directors in 2021
The forward-looking statements such as future plans in this report are only the company’s expectations for the future and do not constitute the company’s substantive commitment to investors. Whether they can be realized depends on various factors such as changes in market conditions, and there is uncertainty. Investors and relevant persons are requested to maintain sufficient risk awareness and understand the differences between plans, forecasts and commitments.
In 2021, the board of directors of Rianlon Corporation(300596) (hereinafter referred to as “the company”) strictly followed the company law, the securities law, the Listing Rules of Shenzhen Stock Exchange gem, the guidelines for the standardized operation of companies listed on Shenzhen Stock Exchange gem and other laws and regulations, as well as the articles of association and other company systems, and all directors were responsible to all shareholders, Scrupulously perform their duties, actively and effectively exercise their powers, strictly implement the resolutions of the general meeting of shareholders, diligently carry out the work of the board of directors, seriously promote the effective implementation of the resolutions of the meeting, and ensure the good operation and sustainable development of the company.
The focus and main work of the board of directors in 2021 are reported as follows:
1、 Review of the company’s overall operation in 2021
In 2021, the operating income was 344463612778 yuan, an increase of 38.74% over the same period of last year, and the net profit attributable to shareholders of listed companies was 41759467331 yuan, an increase of 42.53% over the same period of last year; The net profit after deducting non recurring profit and loss was 39668174755 yuan, an increase of 37.40% over the same period of last year. Under the leadership of the management, all employees of the company fully implement the decision-making and deployment of the board of directors, overcome all difficulties and achieve business objectives beyond expectations.
During the reporting period, the main business conditions are reviewed as follows:
1. Business development of the company
(1) Maintain the sustained and stable growth of the main business and eat the “rice in the pot”
Relying on solid foundation in the field of anti-aging polymer materials, to maintain sustained and stable growth of main business. The company overcame the covid-19 epidemic, drastic fluctuations in global raw materials, abnormalities in the global supply chain and the adverse effects of changes in the international business environment, always maintained strategic and executive determination, and continued to take the “2.0 strategic goal” as the action guide on the basis of the compound growth rate of operating revenue of 29.39% for 11 consecutive years. On the one hand, the company actively takes effective measures to organize various production and operation activities of the company on the premise of ensuring the safety and health of employees, and strive to achieve the “big 3 + 1” sales forecast target. With the joint efforts of all employees, the overall operation of the company exceeded expectations. On the other hand, the company continues to judge the uncertainty of the business environment caused by the New Coronavirus epidemic and the international business environment, while affecting the global economy. At the same time, it will accelerate the upgrading of the industry concentration. The company will take advantage of its own advantages in terms of innovation capability, supply capability and sales network, so as to enhance the market development, during the reporting period. Customers accounting for more than 93.31% of sales in 2020 chose to continue to purchase from Rianlon Corporation(300596) in 2021, and the total number of customers traded by the company in 2021 increased by 17.85% over last year.
During the reporting period, the company made breakthroughs in anti-aging water dispersion technology, and launched an annual production of 5000 tons of water dispersible antioxidant project in Hangu factory. The top technical talents in the same industry in Japan were introduced to develop different nano level hydrotalcite technologies, and the approval procedure for the construction of synthetic hydrotalcite project with an annual output of 20000 tons was started with Rianlon Corporation(300596) Zhuhai Base as the carrier.
(2) Promote the start of the second life curve of the company and prepare the “grain in the warehouse”
Promote the M & a process of lubricating oil additives and build the second life curve of the enterprise. According to the data released by Kline & Company and the statistical data of Shanghai lubricating oil industry association, the global demand for lubricating oil additives will increase from 5.04 million tons in 2020 to 5.43 million tons in 2023, with a compound growth rate of 2.52%. From 2018 to 2020, China’s demand for lubricating oil additives was 919000 tons, 959000 tons and 1 million tons respectively, with a compound growth rate of 4.31%, which was significantly higher than the global average level in the same period. Under the influence of the rapid growth of China’s motor vehicle market, the acceleration of the process of becoming an industrial power and the continuous strengthening of energy conservation and environmental protection measures, the market demand for lubricating oil additives in China will still maintain a growth rate higher than the global average. China’s technological innovation in the field of lubricating oil additives is also the largest bottleneck project. As China continues to enhance the ability to build “independent and controllable industrial chain and supply chain”, the level of manufacturing equipment is rapidly improved, and a large number of precision and automatic equipment need high-quality and personalized oil products to ensure their effective operation. China’s functional single agent is in the key strategic window period of “localization”. The company has anchored the broad stock market and development space in the field of lubricating oil additives. While continuing to promote the M & a project of Kangtai Co., Ltd., a lubricating oil additive enterprise, the company actively participates in the formulation of Chinese standards of engine lubricating oil China standard innovation alliance, and closely cooperates with the four major international lubricating oil additive companies and powerful compound agent enterprises in China, Building a good industry development ecology has also taken a solid step for the company to build a fine chemical platform company.
During the reporting period, the company and Kangtai Co., Ltd. were deeply integrated and fully coordinated in terms of industrial deepening, market expansion and management upgrading. In the case of rising raw materials and difficult fluctuations in transmission costs in the industry, the operating revenue was 52632079128 yuan, an increase of 18.31% over the same period of last year; The net profit attributable to the shareholders of the listed company was 4450090744 yuan, an increase of 33.54% over the same period of the previous year; The net profit after deducting non recurring profit and loss was 4317776543 yuan, an increase of 41.81% over the same period of last year.
(3) Step forward to the field of life science and plant “rice in the field”
During the reporting period, the company and Suzhou Jima gene Co., Ltd. jointly funded the establishment of Tianjin oreff biomedical Co., Ltd., which is mainly engaged in nucleic acid drug monomer business, opened the construction of pilot workshop in Tianjin Hangu base, and has built a life science research institute to further develop nucleic acid drug monomer Technology. The company cooperates with Tianjin University to carry out research and development in most medical and American products, including polyglutamic acid, so as to promote the company’s technological progress and talent accumulation in the field of synthetic biology and seek a broader space for the company’s future development.
2. Overview of the company’s operation plan
(1) Embrace change and continuously stimulate the vitality of enterprises
During the reporting period, the company actively planned organizational and institutional changes based on inheriting the company’s excellent cultural genes to stimulate the vitality of the enterprise. With the determination of “embracing change, the responsibility lies with me”, simplify decision-making, improve efficiency, resolutely implement performance management, clarify and deepen performance management, and unify understanding, understanding and action on the theories and methods of change. To this end, the company trained the first batch of preachers to publicize and implement the company’s culture, system, strategy, action plan and objectives, so as to achieve a rapid and thorough understanding and unified action from top to bottom, and integrate the strength of the whole company to promote the implementation of 2.0 strategic objectives.
(2) Strive to improve the management level of major projects and provide driving force for sustainable growth in the future
The trial production lines of Rianlon Corporation(300596) Zhongwei and Rianlon Corporation(300596) Kerun have reached production capacity in 2020 Rianlon Corporation(300596) Zhuhai phase I 60000 ton antioxidant construction has entered the trial production stage. The production of Rianlon Corporation(300596) Zhuhai will greatly supplement the company’s antioxidant production capacity and lay a good foundation for sustainable growth in the future.
(3) The digital top-level design has been completed, and the digital construction has taken shape
Since landing on the gem, the company has continuously invested in building a digital business model, taking automation, visualization and platform as the concept, and taking intelligent scene applications such as products, inventory, marketing, procurement, production, finance and manpower as the main body, to build a big data platform, and improve the construction of amoeba business platform based on the advantages of the platform.
(4) Actively respond to the double carbon policy and firmly believe in green development to create the future
Over the years, the company has always adhered to ecological and green development. In order to actively implement the policy of responding to carbon peak and carbon neutralization, the company has carefully studied relevant policies and technologies, widened the path of tapping potential, saving energy and increasing efficiency, increased investment in technological transformation, actively promoted the implementation of technological transformation projects, and worked hard to achieve economic and social benefits, short-term interests and long-term interests Self development and social development are coordinated, and we firmly believe that green development can create the future.
During the reporting period, Rianlon Corporation(300596) Zhongwei carried out TFs audit: actively invited customers to launch TFs on-site audit on the company, with a total score rate of 89% [177 / 200], which is at the global excellent level Rianlon Corporation(300596) Tianjin carries out EV audit: according to ecovadis suggestions, the company continues to improve its work in four aspects: environmental protection, labor human rights, business ethics and sustainable procurement Rianlon Corporation(300596) joined the United Nations Global Compact organization and issued the social responsibility report, which comprehensively disclosed the company’s environmental protection data; In 2021, Rianlon Corporation(300596) company configured FID portable VOCs detection instrument, and each base carried out unorganized emission detection and treatment on the basis of lard detection.
(5) Scientific epidemic prevention and stable operation
We will continue to do a good job in epidemic prevention and control for the purpose of ensuring the health of employees, ensuring the stability of operation and construction. Based on the successful experience of effective epidemic prevention in the early stage, according to the whole process and comprehensive control idea, the company focuses on the overall deployment of prevention and control of outsiders and epidemic prevention of business travelers, and establishes prevention and control organizations at all levels. During the reporting period, the company had no epidemic cases and its production and operation operated smoothly.
(6) Attach importance to the leading role of Party building and ensure the continuous promotion of high-quality development
All Party branches of the company and its subsidiaries call on all Party members to recognize, reposition, improve and act again according to the standard of a qualified party member in life and work, continuously improve their self-cultivation of party spirit in accordance with the requirements of “learning party history, understanding ideas, doing practical things and opening a new situation”, and truly become a model of love for work, discipline and law-abiding, and a model of pioneer, To do glorious things and advance things, we should constantly improve and improve in the big classroom of society, keep pace with the times, let Party members’ advanced nature be reflected everywhere and shine everywhere. The party organization of the company actively welcomes the centennial of the founding of the party, further improves ideological understanding, promotes the resonance and mutual promotion between Party construction and business development, and promotes the high-quality development of the company under the guidance of high-quality party construction.
2、 Daily work of the board of directors
(I) convening of the board of directors and shareholders’ meeting
1. Convening of the board of directors
Meeting date and resolution content
(1) Deliberated and passed the proposal on the work report of the board of directors in 2020
(2) Deliberated and passed the proposal on the general manager’s work report of the company in 2020
(3) The proposal on the company’s 2020 annual report and its summary was deliberated and adopted
(4) Deliberated and passed the proposal on the company’s 2020 financial final accounts report
(5) The proposal on the company’s 2020 profit distribution plan was deliberated and adopted
(6) the 3rd board of directors deliberated and approved the proposal on the company’s 2020 internal control self-evaluation report
On March 8, 2021 (7), the 19th meeting deliberated and approved the proposal on special audit instructions for the occupation of non operating funds and other related capital transactions of the company
(8) The proposal on the company’s application for bank credit in 2021 was deliberated and adopted
(9) The proposal on cash management of the company and its subsidiaries with its own funds (10) and the proposal on Directors’ remuneration (allowance) of the company in 2021 were deliberated and passed
(11) Deliberated and passed the proposal on the remuneration of senior managers of the company in 2021
(12) The special report on the deposit and actual use of the company’s raised funds in 2020 was reviewed and approved
Proposal to report
(13) Deliberated and passed the proposal on changes in accounting policies
(14) Deliberated and adopted the proposal on proposing to convene the 2020 annual general meeting of shareholders
(1) The proposal on the company meeting the conditions for issuing shares, paying cash to purchase assets and raising supporting funds was deliberated and adopted
(2) The proposal on the company’s plan of issuing shares and paying cash to purchase assets and raising supporting funds was deliberated and adopted
(3) The proposal that this transaction does not constitute a major asset restructuring was deliberated and adopted
(4) The proposal that this transaction does not constitute a connected transaction was deliberated and adopted
(5) Deliberated and adopted the “on this transaction does not constitute a major asset reorganization of listed companies”
