Securities code: Qingdao Tgood Electric Co.Ltd(300001) securities abbreviation: Qingdao Tgood Electric Co.Ltd(300001) Announcement No.: 2022010 Qingdao Tgood Electric Co.Ltd(300001) summary of 2021 Annual Report
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. The directors of the company personally attended the meeting of the board of directors to review the annual report and the audit opinion of Xinxin Certified Public Accountants (special general partnership) on the financial report of the company this year is: standard unqualified opinion. Changes of accounting firm during the reporting period: the accounting firm of the company was changed from Hexin accounting firm (special general partnership) this year. Tips on non-standard audit opinions □ applicable √ not applicable the company was not profitable at the time of listing and is not profitable at present □ applicable √ not applicable to the profit distribution plan of common stock or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable
The company’s profit distribution plan for ordinary shares reviewed and approved by the board of directors is: taking 1040710713 as the base, distribute cash dividend of 0.20 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 share (including tax), and transfer capital reserve to all shareholders for every 10 shares.
Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Qingdao Tgood Electric Co.Ltd(300001) stock code Qingdao Tgood Electric Co.Ltd(300001)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Yang Kun
Office address: No. 336, Songling Road, Laoshan District, Qingdao
Fax: 053289083388
Tel: 053280938126
E-mail [email protected].
2. Introduction to main business or products during the reporting period
Since its establishment, the company has been focusing on the R & D and manufacturing of outdoor box type power equipment. At present, it has become the largest outdoor box type power product system integrator in China and the largest box transformer R & D and production enterprise in China. Based on the technology accumulation and innovation extension of outdoor box type power equipment, the company has successfully developed the charging network business of new energy vehicles, gave full play to the technical product advantages of traditional box type substation business, and promoted the rapid development of charging network business based on intelligent manufacturing business.
(I) intelligent manufacturing business
1. Main business and products
The company is mainly engaged in complete sets of power transformation and distribution products dominated by outdoor box power equipment and supplemented by indoor switchgear. It is committed to R & D, design, production and manufacture of primary and secondary power transformation and distribution products of 220kV and below, and provides relevant technical services. At present, the company has formed a relatively complete production line of power transformation and distribution products to provide supporting power transformation and distribution products and operation and maintenance services for key national development industries; And make use of the comprehensive advantages of technical talents to provide customers with complete system solutions and create turnkey projects for customers.
The company’s main products in the intelligent manufacturing business segment include: 220kV and below Modular Intelligent prefabricated cabin substation, mobile intelligent substation, 35kV intelligent box substation, 10kV intelligent European box substation, railway (passenger dedicated line) power telecontrol box substation, intelligent ring network cabinet, intelligent switching station, intelligent microgrid box substation, intelligent integrated photovoltaic box substation, intelligent integrated wind power box substation, GIS H-gis, transformer, switch cabinet, AC / DC power supply panel, metering panel, integrated bus bridge, etc.
2. Business model
The company has an independent and complete R & D, design, production and sales system, obtains orders through customized sales mode, generally adopts the business mode of “R & D design production sales service”, carries out R & D and design according to market trends and customer order requirements, organizes production and installation after customer approval, and continues to provide after-sales service and operation and maintenance services.
3. Key performance drivers
As the country continues to deepen the structural reform of the energy supply side, the power industry will usher in leapfrog development and create a huge space for comprehensive energy development. The company has strengthened the research and promotion of cutting-edge market development and future market, established a trinity market structure of “industry + region + support”, and combined with the company’s advantageous business to conduct joint operations. During the reporting period, the company focused on the dividends of national and provincial new energy policies, deeply explored the business opportunities of five large and four small power generation enterprises and local energy leading enterprises, linked market support, and created a recognition and rapid support mechanism for business opportunities of large customers, so as to ensure the rapid transformation of effective business opportunities and improve the signing rate of business opportunities; At the same time, pay close attention to the direction of the new infrastructure policy, build a new infrastructure potential business opportunity pool based on the list of key projects of the provincial development and Reform Commission in 2021, and establish a business opportunity pool to tap the potential and tackle key problems, so as to find new increment, new market and new product opportunities. 4. Industry position
As the largest outdoor box type power product system integrator in China, the leader of power system integration solutions and the largest box transformer R & D and production enterprise in China, the company is the developer and participant of China’s power product technical standards Qingdao Tgood Electric Co.Ltd(300001) relying on its leading market position in the outdoor box type power industry, it has become the first batch of manufacturing single champion cultivation enterprises of the Ministry of industry and information technology, and it is also the only modular prefabricated cabin manufacturer in China that has participated in the preparation of the standards and specifications of the third generation intelligent station of the State Grid.
Qingdao Tgood Electric Co.Ltd(300001) owns the complete technical system and intellectual property rights of the world’s first 220kV and below Modular Intelligent prefabricated cabin substation. At the same time, the products developed by the company, such as urban rail transit intelligent box type substation and prefabricated cabin modular substation, have opened up a precedent for industry innovation Qingdao Tgood Electric Co.Ltd(300001) relying on its leading technological innovation ability and strong comprehensive strength, the company has successively undertaken a number of national, provincial and municipal projects. The company’s medium and high-end box transformer products have achieved the industry position of the first in China’s railway market share and the first in local power market. (II) charging network service
Charging network is a full Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) , which is a complex ecosystem integrating technology, products, platforms and operations. It involves multi-disciplinary technology, multi-system control, multi-dimensional problems and multi scenario applications. At the same time, it forms a new link and integration among highly complex people, vehicles, equipment and energy.
The company is a leading charging network operator and charging network solution provider in China. Different from the technical architecture of traditional charging single pile, the company takes the lead in applying and adhering to the technical path of charging network in the industry.
The charging network built by the company is an organic system composed of charging equipment with flexible power regulation, intelligent dispatching control system, big data and cloud computing platform. It can timely and effectively collect, analyze and apply all kinds of information and data formed in the process of charging activities and charging equipment management based on the framework of cloud side cooperation, so as to improve charging safety, Achieve efficient coordination among equipment, vehicles, users and energy, and fully meet the charging needs of the large-scale development of new energy vehicles. 1. Main business
The company’s new energy vehicle charging network business segment mainly includes the construction and operation of new energy vehicle intelligent charging network, charging network solution sales, new energy micro network sales and other businesses.
2. Business model
The company took the lead in proposing the charging network technology route in the industry and has always practiced it. It has independently developed and built a four-tier charging network technology system. The design concept fully meets the charging demand after the large-scale development of new energy vehicles in the future and continues to lead the development of the industry.
The company’s charging stations based on management and operation provide users with new energy vehicle charging services to obtain charging operation income. It is the most innovative and dynamic charging network operation company in China.
According to the diversified charging needs and differentiated application scenarios of users, the company provides charging network solutions to customers in different industries and types, including customized products and services such as site selection, design, equipment, construction and maintenance, so as to obtain sales revenue.
Relying on the user accumulation of charging cloud platform and the in-depth analysis and mining of big data such as vehicles, users and energy, the company realizes various value-added services.
3. Key performance drivers
In 2020, the central government proposed to develop “new infrastructure” to provide new impetus for economic growth, and the charging pile is listed in the seven fields of “new infrastructure”. In addition, in order to achieve the goal of carbon peak and carbon neutralization, the government clearly proposed to build a new power system with new energy as the main body in 2021. New energy power generation and new energy vehicles are the core components of the new power system, and the charging network is the key channel to connect and match new energy power generation and new energy vehicles. With the strong support of national policies, the new energy vehicle industry is booming, the number of new energy vehicles is increasing rapidly, and the company’s charging business is growing rapidly with the effective prevention and control of the epidemic in China. The annual charging capacity of the company exceeded 4.2 billion kwh in 2021, with a year-on-year increase of 55%. In addition, the company has independently developed and built an industry-leading new energy vehicle charging cloud platform. In the process of the rapid development of the company’s charging network, the cloud platform will continue to accumulate data related to new energy vehicles, batteries, charging, users, energy and so on, and store, analyze and apply them. The value of energy and data will be gradually reflected, Create new profit growth points for the company.
4. Industry position
The company has set up a number of charging technology innovation systems and achieved a number of industry-leading achievements.
At the same time, the company has excellent product advantages, leading R & D capability of core products of charging network, and independently developed the industry-leading charging big data cloud platform; Take the lead in proposing and implementing the AC / DC flexible link new energy microgrid system, and take the lead in realizing the commercialization and application of new energy microgrid projects. After years of intensive cultivation, the company has achieved the deep integration of people, vehicles, charging equipment, energy and data oriented to the charging network ecology and excellent platform operation ability in terms of charging operation, and the number of registered users has increased rapidly. According to the statistics of charging alliance, as of December 31, 2021, the cumulative charging capacity of the company exceeded 11 billion kwh. In the field of public charging, the company operates 252300 charging piles, including 151500 DC charging piles, with a market share of 32.24%, ranking first in China; The company’s charging capacity exceeded 4.2 billion kwh in 2021, with a market share of 38.34%, ranking first in China. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 20200448247791693383032430 19.29% 1483259587461
Net assets attributable to shareholders of listed companies Metallurgical Corporation Of China Ltd(601618) 41406943963274481 36.85% 316475795476
20212020 year-on-year increase or decrease 2019
Operating income 944107594585746420001020 26.48% 674096041214
Net profit attributable to shareholders of the listed company 1871742325020434678510 – 8.40% 24050074077
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 104327239428998080796 15.94% and 12183125716
Net cash flow from operating activities 2971251225123939033920 24.12% 46936373223
Basic earnings per share (yuan / share) 0.18 0.20 – 10.00% 0.24
Diluted earnings per share (yuan / share) 0.18 0.20 – 10.00% 0.24
Weighted average return on net assets: 3.41%, 5.12% – 1.71%, 7.83%
(2) Quarterly main accounting data
