Work report of the board of directors in 2021
In 2021, the board of directors of Zhejiang Windey Co.Ltd(300772) (hereinafter referred to as "the company") implemented the resolutions of the general meeting of shareholders in strict accordance with 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 and the relevant provisions of the articles of association, Actively carry out various work around the company's annual production and operation plan and development strategy. All directors performed their duties diligently and effectively safeguarded the interests of the company and shareholders. The work of the board of directors in 2021 is reported as follows, please review.
1、 Overall operation of the company in 2021
In 2021, the company realized an operating revenue of 16.041 billion yuan, an increase of 39.75% over the same period of last year; The net profit attributable to shareholders of listed companies was 490 million yuan, an increase of 183.13% over the same period last year.
(I) wind turbine development and sales business
In 2021, the company achieved a fan sales of 15.726 billion yuan, an increase of 38.69% over the same period last year. The sales capacity of wind power was 5464.9mw, an increase of 50.62% over the same period last year. In terms of orders, the company's new bid winning and newly signed contract orders hit a new record, with 127976mw of new orders throughout the year and 128792mw of orders in hand, including the projects that have signed the contract but have not been executed and the projects that have won the bid but have not signed the contract.
During the reporting period, relying on the advantages of technology research and development and brand service, the company went deep into the market, integrated resources, formed a diversified sales model and achieved remarkable results, and further diversified customer groups. First, the orders for large capacity units helped the company move the focus of the wind power market north to the three northern regions, with the new orders leading the industry; Second, we made every effort to promote the construction of large bases, won the bid for the Three Gorges wulanchabuyuan network load storage project and Huaneng Shangdu million wind power base project, and made substantial progress in the implementation of industries such as Harbin in Heilongjiang, Chuxiong in Yunnan and Jiuquan in Gansu; Third, continuously improve customer adhesion and strengthen government enterprise cooperation, strive to build Ulanqab new energy industry chain and Handan renewable energy zero carbon high-end equipment manufacturing industrial park, and promote regional green development through regional low-carbon solutions; Fourth, overseas market development has reached a new level, with more than 500000 kW of overseas orders, of which the Vietnam Shuozhuang project is the company's first offshore batch project.
(II) investment, operation and intelligent service business of new energy power station
In 2021, the company signed a new agreement on the development of scenery resources exceeding 10 million KW, of which 1.66 million KW has been included in the scenery development index of the provincial energy department, laying a solid foundation for the rapid growth of the company's follow-up new energy power station business. In terms of investment and construction of new energy power stations, the company reasonably planned the construction process and orderly promoted the project construction progress. The company's first affordable project, Yucheng Weihe phase I 50MW project, Yucheng 36mw decentralized project and Chongyang decentralized wind power project were all connected to the grid during the year. By the end of the reporting period, the capacity of grid connected wind farm projects controlled by the company had reached 306000 kW, and the capacity of grid connected wind farm projects with equity participation had exceeded Shanghai Pudong Development Bank Co.Ltd(600000) kW. In the smart service sector, the amount of new sales contracts signed by the company in 2021 exceeded 300 million yuan, an increase of 110% over the same period in 2020, and achieved growth breakthroughs in varying degrees in the business sectors of wind farm maintenance and technical transformation services. In addition, the company's intelligent service platform "Yunda Tesco" was officially put into operation. The platform will complete the digital transformation of materials and service business and help the development of intelligent service business.
（3） Product development
Follow the principle of "lower price and lower cost" for the company's R & D projects, and do a better job in the development of products according to the principle of "lower price and lower price" last year. In 2021, a total of 13 complete machine product R & D projects were carried out, based on 4 XMW、5. XMW、6. New products developed by xmw and other platforms were accelerated; Completed the design of 153m flexible tower unit, 166m mixed tower unit and 170m truss tower unit, and realized batch installation and operation. At the same time, the technical team carried out various technical research around the whole product life cycle and achieved the following outstanding results: the self-developed 2200gx ultra-high altitude wind turbine was successfully hoisted in the Zhegu wind farm in cuomei County, Tibet, the world's highest altitude wind farm; Hoisting of the world's first wind power hybrid tower project with hub height and impeller diameter not less than 164 meters (double 16x); The 6.25mw "Kunpeng platform", the onshore wind turbine with the largest wind turbine diameter in the world, was officially connected to the grid; 1140V three-level electrical system has been developed and applied in batches; Complete the research on wind power frequency modulation control system suitable for new power system; The development of embedded energy management system has been completed. These achievements have played a positive role in improving the company's comprehensive competitiveness and market reputation.
While maintaining the technical advantages of onshore wind power, the company continues to improve its core competitiveness in the field of offshore wind power, comprehensively starts the development of offshore wind turbines and makes breakthroughs, and has completed the research and development of 4.5mw offshore wind turbines for low wind speed coastal waters and achieved order delivery; Completed the design of "Haifeng series" 7mw platform and 9mw platform offshore units and obtained the design certification certificate, so as to improve the core competitiveness in the field of offshore wind power.
(IV) technological innovation
During the reporting period, focusing on the product life cycle management, the company strengthened technological innovation and achieved good results in self-research and development of key components of wind turbines, intelligent optimization design of wind turbines, advanced testing technology of wind turbines, smart wind power technology based on big data, etc.
Phased achievements have been made in the self-study of key components: all ground tests of key components have been completed, hang up operation has been carried out on the prototype, and the operation is in good condition; A number of professional teams for the design of core components have been established, and the technical ability to conduct in-depth research on key components has been continuously enhanced.
In terms of intelligent optimization design. Through the research on advanced design technology, the company has innovatively developed the digital intelligent design technology of wind turbine structural parts, created a new design mode of "intelligent optimization driven design", achieved remarkable results in the lightweight design of structural parts, and the technical level is in the leading position in the industry. In the research of advanced testing technology. The company has completed the independent research and development of multiple test systems, and adopted advanced technical means such as distributed acquisition technology, high-precision and fast storage technology, real-time data analysis technology and multi platform access technology to realize the customized functions that cannot be realized by the original equipment. Through the comparison with similar foreign equipment, the performance is at the international advanced level.
In terms of smart wind power technology based on big data. The big data team of the company has built the Yunda data service platform, which can expand thousands of times in a few minutes to deal with the sudden data processing volume, realize the storage of batch structured data and real-time and offline computing, and use the concept of Devops to make the system development, operation and maintenance more agile. Big data technology provides support for the realization of smart wind power, makes wind turbines and wind farms more intelligent, and significantly promotes the improvement of power generation efficiency and the reduction of hourly power cost in the whole life cycle.
At the same time, in 2021, three national standards and two industrial standards prepared by the company were officially released, and successively won the second prize of the national science and Technology Progress Award and the second prize of Zhejiang science and technology progress award, with remarkable achievements in scientific and technological innovation. The company's technology center is also recognized as the national enterprise technology center with excellent independent innovation strength.
2、 Operation of the board of directors in 2021
(I) meetings and resolutions of the board of directors during the reporting period
During the reporting period, the company held 13 board meetings, including 1 on-site meeting, 1 on-site video meeting and 11 communication meetings.
1. The 16th meeting of the 4th board of directors was held by means of communication on February 1, 2021. The meeting deliberated and adopted the proposal on scrapping some assets.
2. The 17th meeting of the 4th board of directors was held by means of communication on March 8, 2021. The meeting deliberated and adopted the proposal on the election of the chairman of the company, the proposal on the by election of directors, the proposal on the appointment of the executive deputy general manager, the proposal on Revising the 2020 restricted stock incentive plan (Draft) and the implementation of assessment management measures The proposal on purchasing and operating scientific research houses and related party transactions, the proposal on convening the first extraordinary general meeting of shareholders in 2021, and the proposal on revising some systems of the company were deliberated and adopted one by one.
3. The 18th meeting of the 4th board of directors was held by means of communication on April 9, 2021. The meeting deliberated and adopted the proposal on by election of members of the special committee of the board of directors, the proposal on subsidiaries carrying out financial leasing business and providing guarantee for the business, and the proposal on convening the second extraordinary general meeting of shareholders in 2021.
4. The 19th meeting of the 4th board of directors was held on April 23, 2021. The meeting deliberated and adopted: 2020 general manager's work report, 2020 board of directors work report, 2020 financial final account report, proposal on the full text and summary of 2020 annual report, 2020 internal control evaluation report The special report on the deposit and use of raised funds in 2020, the proposal on the profit distribution plan in 2020, the proposal on renewing the appointment of the audit institution in 2021, the proposal on confirming the excess of daily connected transactions in 2020, the proposal on daily connected transactions in 2021 Proposal on using idle self owned funds for entrusted financial management, proposal on accounting policy change, proposal on changing business scope and amending the articles of association, proposal on the full text of the company's first quarter report in 2021, and proposal on convening the 2020 annual general meeting of shareholders.
5. The 20th meeting of the 4th board of directors was held by means of communication on April 27, 2021. The meeting deliberated and adopted the proposal on adjusting the incentive plan of restricted shares and the proposal on granting restricted shares to incentive objects.
6. The 21st Meeting of the 4th board of directors was held by means of communication on May 20, 2021. The meeting deliberated and adopted the proposal on using some idle raised funds for cash management and the proposal on organizational structure adjustment.
7. The 22nd Meeting of the 4th board of directors was held by means of communication on June 3, 2021. The meeting deliberated and adopted the proposal on changing the registered capital and amending the articles of association.
8. The 23rd Meeting of the 4th board of directors was held by means of communication on July 19, 2021. The meeting deliberated and adopted the proposal on by election of directors, proposal on appointment of general manager, proposal on appointment of deputy general manager, Secretary of the board of directors and chief accountant, proposal on appointment of securities affairs representative Proposal on convening the third extraordinary general meeting of shareholders in 2021.
9. The 24th Meeting of the 4th board of directors was held by means of communication on July 28, 2021. The meeting deliberated and adopted the proposal on early redemption of "Yunda convertible bonds".
The meeting deliberated and adopted the proposal on investing in Shandong Yucheng decentralized project.
11. The 26th meeting of the 4th board of directors was held by means of communication on August 27, 2021. The meeting deliberated and adopted the proposal on the full text and summary of the semi annual report of 2021, the special report on the deposit and use of raised funds in the semi annual report of 2021, and the proposal on the adjustment of organizational structure.
12. The 27th meeting of the 4th board of directors was held by means of communication on October 27, 2021. The meeting deliberated and adopted the report of the third quarter of 2021, the proposal on changing the registered capital and amending the articles of association, and the proposal on formulating the management measures for performance appraisal and salary verification of management members. 13. The 28th meeting of the 4th board of directors was held on November 30, 2021 in the form of on-site and video. The meeting deliberated and adopted the proposal on the company's compliance with the conditions for allotment and issuance of shares, the proposal on the company's plan for allotment and issuance of securities to unspecified objects, and the proposal on the company's demonstration and analysis report on allotment of RMB common shares to original shareholders Proposal on the company's feasibility analysis report on the use of funds raised through share allotment, proposal on the company's report on the use of funds raised in the previous time, proposal on diluted immediate return and filling measures for this share allotment and commitments of relevant subjects Proposal on requesting the general meeting of shareholders to authorize the board of directors of the company and its authorized persons to fully handle matters related to the company's share allotment, proposal on Amending the articles of association, proposal on establishing a Vietnamese subsidiary, proposal on Authorizing the general manager to apply for comprehensive credit from financial institutions in 2022 The proposal on convening the fourth extraordinary general meeting of shareholders in 2021 and the proposal on the company's allotment of shares and issuance of securities to unspecified objects were deliberated and adopted one by one.
(II) the general meeting of shareholders and the contents of resolutions during the reporting period
During the reporting period, the company held five general meetings, including one annual general meeting and four extraordinary general meetings.
1. Annual general meeting of shareholders
The 2020 annual general meeting of shareholders was held on May 18, 2021 in the conference room on the 17th floor, block a, West Lake International Science and technology building, No. 391, Wener Road, Hangzhou, Zhejiang Province. The meeting deliberated and passed the following proposals: 2020 work report of the board of directors, 2020 work report of the board of supervisors, 2020 financial final account report, proposal on the full text and summary of 2020 annual report, and proposal on profit distribution in 2020
