Hainan Strait Shipping Co.Ltd(002320) 2021 annual work report of the board of directors
Dear shareholders
The report on the completion of work in 2021 and the work plan in 2022 is as follows. Please review it.
Part I review of work in 2021
In 2021, the company continued to deepen reform. Under the influence of the epidemic and the complex and changeable external market environment, the company focused on epidemic prevention and control, production and operation, and actively promoted the implementation of various work around the key work deployment of the board of directors. In terms of safety production, the company has taken many measures to ensure that the safety production situation is stable throughout the year, with remarkable results in improving quality and efficiency. In terms of key work, breakthrough progress has been made in the integration of Qiongzhou Strait and the integration of shipping resources in Qiongzhou Strait has been completed. In terms of corporate governance, it attached great importance to the construction of the board of directors, information disclosure and investor relations management, and won the class a honor of the letter phi of Shenzhen Stock Exchange. The details are as follows:
1、 Overall operation
In 2021, the impact of the epidemic continued, and the company's production and operation were still under great pressure. Through the unremitting efforts of all employees, the expected objectives of performance growth and good production safety situation were achieved. The annual total operating revenue was 1.399 billion yuan, a year-on-year increase of 30.42%, the operating cost was 830 million yuan, a year-on-year increase of 23.91%, and the net profit attributable to the parent company was 266 million yuan, a year-on-year increase of 6.61%. There was no safety accident in the whole year, and all safety indicators were controlled within the range issued by the board of directors at the beginning of the year.
2、 Main work of the year
(I) take multiple measures to improve the level of safety management
1. Promote the construction of safety standardization and focus on improving the intrinsic safety level of ship transportation. First, according to the requirements of ship safety prevention and control, the binding and fastening standards of passenger ro ro ships in Qiongzhou Strait were completed and put into trial operation on five ships such as "Haitang bay"; At the same time, China Shipbuilding Group 708 Institute is invited to carry out the research on ship classification "ship model experiment + direct calculation", and the overall scheme is planned to be completed in March 2022. The second is to establish the "one ruler" inspection standard. Combined with the division of responsibilities of crew members, a set of "one ruler" inspection standards has been formulated, which has been simplified from 1520 standards to 1230 standards, so as to standardize the ship safety inspection. At the same time, it also provides standardized guiding documents for crew members in daily ship equipment safety inspection, safety operation and duty performance inspection.
2. Strictly control from the source to prevent the risk of dangerous goods on board. Jointly issued the regulations on the management of transportation black list on the South Bank of Qiongzhou Strait with Haikou locomotive and vehicle ferry section, which has better ensured the safety of transportation channels in Qiongzhou Strait by establishing and improving systems and mechanisms and strengthening the supervision means of dangerous goods. 3. Deepen the institutional reform of the safety team and consolidate the responsibility of safety management. According to the requirements of "three management and three necessity" in the "new safety law" and the safety production responsibility system of all staff, sort out the safety and quality supervision and management functions of the port, simplify the number of safety and quality supervision posts, deepen the institutional reform of the safety team, and compact the safety management responsibilities at all levels. At the same time, establish a port security inspection team with excellent technology and strong sense of responsibility to comprehensively improve the company's security inspection and blocking level.
(II) with the joint efforts of various parties, the integration of Qiongzhou Strait has made a major breakthrough
With the support of governments at all levels and the full guidance of COSCO Shipping Group and Hainan port and waterway, the company overcame the difficulties of heavy tasks and tight time, actively communicated and coordinated, and promoted the integration related work as planned. On May 31, 2021, the integration of shipping resources on the South Bank of Qiongzhou Strait was completed, and on September 28, 2021, the shipping sector of Qiongzhou Strait port and shipping integration project was signed, and the Qiongzhou Strait (SEA) was established
(South) ferry transportation Co., Ltd., which was officially put into operation on January 1, 2022, marking the successful completion of the integration of shipping resources in Qiongzhou Strait.
(III) strengthen epidemic prevention and achieve the "three zero" goal of epidemic prevention and control
The company has always attached great importance to epidemic prevention and control, strictly implemented the guide for covid-19 pneumonia epidemic prevention and control of ports and front-line Personnel issued by the Ministry of transport, formulated corresponding epidemic prevention and control documents at all levels according to the epidemic prevention and control requirements of units at all levels, and improved the epidemic prevention and control measures related to ports and ships. As a port unit, the top and bottom of the company, especially the front-line employees, faced the dual pressure of production and operation and epidemic prevention and control, made efforts and sweat, and achieved zero input, zero infection and zero spread of the epidemic throughout the year.
At present, the company has formed a relatively perfect and strict prevention and control system, and the epidemic prevention and control work is generally stable and smooth.
(IV) control the pace and continue the construction of Xinhai passenger transport hub
In order to speed up the process of xinhaigang passenger transport hub project, the company established a special project working group to continuously and efficiently promote the construction of each sub project. By the end of 2021, a total of 696 million yuan had been invested, accounting for 48% of the total investment. At present, the project is progressing smoothly and is planned to be completed in 2022.
(V) deepen reform and continuously stimulate the vitality of enterprises
First, the company has completed the post tenure system and contractual management, and adhered to the establishment of an internal employment mechanism of market-oriented selection, contractual management, personalized assessment and institutionalized exit on the premise that the party is in charge of cadres. Second, promote the construction of talent echelon, formulate the work plan for the selection of reserve cadres of the "leading Britain plan", and comprehensively select talents by means of qualification examination, structured scoring, democratic evaluation, leadership evaluation and publicity. Third, continue to implement full staff performance management, implement the performance floating salary system, and strengthen the positive incentive of performance appraisal. Fourth, promote the reform of mixed ownership, complete the mixed reform of haizhixia, introduce new business mechanism and promote the improvement of business efficiency.
(VI) the efficiency is specialized, and the effect of reducing cost and increasing efficiency is remarkable
In order to effectively improve the company's operating efficiency, the company has increased revenue and reduced expenditure in multiple dimensions. First, it has innovated its business model, vigorously expanded its non main business, and made new improvements in tax-free leasing business, advertising business and micro mall sales; Second, control various costs and expenses by means of centralized mining, oil locking and strict implementation of ship fuel quota indicators.
(VII) optimize governance and improve the standard operation level
First, establish and improve various internal control systems and business processes related to information disclosure, standardize the management of information disclosure affairs and improve the quality of information disclosure. A total of 81 announcements were issued in designated media and websites in 2021. The second is to strengthen the management of investor relations, warmly receive the on-site research of institutions and investors, strengthen the interactive communication with investors through the interactive platform and annual report performance explanation meeting, and maintain a good relationship with investors. Two annual report performance explanation meetings were held in 2021, and four batches of on-site research of investors were received. Third, the basic management system of the company was comprehensively revised. According to the principle of "standardized governance and improved efficiency", 61 basic management systems were revised and issued in 2021, and the standardized operation level and work efficiency of the company were greatly improved.
3、 Daily work of the board of directors
During the reporting period, the board of directors strengthened its own construction, earnestly performed its duties, standardized operation and made scientific decisions around the company's development strategic plan and annual operation and investment objectives; All directors are devoted to their duties, diligent and conscientious, and effectively promote the stable development of the company.
(I) contents of board meetings and relevant resolutions during the reporting period
During the reporting period, the company held 11 meetings of the board of directors and considered and passed 90 proposals, which mainly involved the work report of the board of directors, the work report of the general manager, periodic report, financial budget, investment plan and other contents.
The convening, proposal, attendance, discussion, voting and meeting minutes of all previous meetings were standardized in accordance with the relevant requirements of the company law, the securities law and the articles of association. All directors of the company basically participated in all previous meetings of the board of directors.
The board of directors of the company shall exercise its power in accordance with the provisions of the articles of association and the rules of procedure of the board of directors, and make decisions on relevant matters of the company with standardized procedures and scientific decision-making.
(II) performance of professional committees under the board of directors
1. Performance of the strategy committee
During the reporting period, the strategy committee focused on the company's long-term development strategy and provided scientific and reasonable suggestions for the company's major investment decisions in accordance with the provisions and requirements of the company's detailed rules for the implementation of the strategy committee of the board of directors and the favorable policies of COSCO Shipping Group and the construction of Hainan free trade port.
2. Performance of the audit committee
During the reporting period, the audit committee earnestly performed its duties specified in the detailed rules for the implementation of the audit committee of the board of directors, and gave full play to its guiding and supervisory role in the implementation and effectiveness of the company's internal control system and the preparation of the 2021 annual report.
After careful review and evaluation, the Audit Committee believes that the 2021 financial report prepared by the company complies with the relevant provisions of the accounting standards for business enterprises and truly reflects the financial status and operating results of the company; The design of the company's internal control system is in line with the actual situation of the company, the implementation is good, and can effectively prevent and control the risks of all business processes.
3. Performance of remuneration and assessment committee
The remuneration and assessment committee is mainly responsible for assessing the members of the management team according to the assessment standards of the management team approved by the board of directors of the company. During the reporting period, the company formulated the regulations on post tenure system and contractual management of senior managers, and established an employment mechanism of internal market-oriented selection, contractual management, personalized assessment and institutionalized exit.
After reviewing and evaluating the salary income of the directors, supervisors and senior managers of the company in 2021, the salary and Assessment Committee believes that the evaluation system based on the tenure target management responsibility system established by the company is scientific and reasonable, the incentive mechanism is fair and just, and the determination and payment of salary comply with the relevant provisions of the company's salary management and performance evaluation system.
(III) convening of the general meeting of shareholders and the implementation of the resolutions of the general meeting of shareholders
During the reporting period, the board of directors of the company convened 6 shareholders' meetings in accordance with the articles of association and rules of procedure of shareholders' meeting, deliberated and adopted 47 proposals, which mainly involved the work report of the board of directors, the work report of the board of supervisors, periodic report, financial budget, investment plan, revision of the articles of association and so on.
The board of directors earnestly performs its duties and fully implements the resolutions made by the general meeting of shareholders of the company. Part II work challenges in 2022
1、 The degree of integration will directly affect efficiency. At present, the achievements made in the integration of port and shipping resources across the Qiongzhou Strait are of historic turning significance, ending the competition situation between the two sides for many years. At present, the company has made efforts to promote the integration of the two sides from many aspects, but there are still some differences between the two sides in corporate culture, thinking habits and management methods. Under the background of unified dispatching and management, The degree of cross-strait integration in the future will directly affect decision-making execution, risk prevention ability and operation and management efficiency.
2、 Different safety concepts. After the completion of the integration of shipping resources in Qiongzhou Strait, the number of ships and crew has increased significantly, and the management scope and difficulty have increased. The safety management standards, safety management concepts, crew ideological fluctuations on both sides of the Strait and the boundary of safety management responsibilities during the transition period will have a certain impact on the company's safety management.
3、 Contradiction between key project construction and production organization. Xinhaigang passenger transport comprehensive hub project is an important basis for the closure of the "second tier port" of Hainan free trade port and an important means for the company to upgrade the port business model and improve the quality and efficiency of services. 2022 is a decisive year for the completion and operation of the project. In the process of speeding up the construction, it will inevitably affect the existing site and productive berths of xinhaigang, It also brings great challenges to the production organization streamline and site layout during the construction period.
Part III 2022 work plan
1、 Production and operation objectives in 2022
To deepen the promotion of green production and service integration of Hainan Airlines in 2022 is the first year for the company to deepen the promotion of green production and service integration and ensure the safe development of Hainan Airlines in 2022, We will also take more measures to increase revenue and reduce expenditure, and adhere to improving quality and efficiency. Based on the comprehensive analysis of the development and change trend of the passenger ro ro transport market in Qiongzhou Strait, it is proposed that the main business objectives of the company in 2022 are to realize the total operating revenue of 3.376 billion yuan and the net profit attributable to the parent company of 310 million yuan, and strive to maximize the interests of all shareholders and the company.
2、 Focus of work in 2022
(I) strengthen the construction of the board of directors and improve the standard operation and governance level of the company
First, in accordance with the normative requirements of the capital market, constantly improve the rules and regulations of the governance sector to promote better and stronger risk control.
Second, give full play to the role of the subordinate committees and independent directors of the board of directors to help the company's strategic guidance, audit supervision and salary incentive to a new level.
(II) strengthen the epidemic defense line, consolidate the safety foundation and ensure the stable and good production situation
First, strictly implement various measures for epidemic prevention and control, continue to do a good job in epidemic prevention and control, and ensure zero input, zero infection and zero spread.
Second, promote the construction of cross-strait safety culture integration, focus on the implementation of COSCO Shipping Group's safety management concepts such as "two team management" and "three habits", and plan to carry out a series of activities such as "safety hazard investigation", "safety production month", "Ankang cup competition", "benchmarking ship construction", "party construction + safety production", Take this as the starting point to promote the integration of safety culture.
Third, take the safety management system as the key link, integrate the existing safety management advantages and characteristics of both sides of the Strait, establish a safety management system in line with the passenger ro ro transportation in Qiongzhou Strait, and take this as a unified guide to carry out safety management.
Fourth, the company's ships fully implemented the "one ruler" standard, benchmarked China's leading COSCO Shipping Group ship management standard, and strictly implemented various operation procedures such as inspection, cabin inspection, lookout, binding and fastening in the process of ship transportation, so as to comprehensively improve the level of ship safety management.
Fifth, strengthen the training of marine affairs, maintenance supervisors and job-related crew members, pay attention to the effectiveness of training, and improve their ability to perform their duties and professional quality. Improve the safety awareness of all employees in multiple ways and in an all-round way, and create a good atmosphere of "I want safety".
Sixth, promote safety through science and technology, strengthen safety supervision and technological innovation, and improve the ability and effect of safety management by means of informatization.
(III) insist on improving quality and efficiency, and fully complete the annual business objectives
The management team has listed the focus of improving quality and efficiency in 2022 from four aspects: centralizing business power to improve efficiency, deepening synergy and vitality, increasing revenue through precision marketing and reducing costs through centralized procurement. In the process of implementation, first, there should be detailed measures and pay close attention to implementation; Second, aim at the general goal of annual income and profit and examine the effectiveness of phased work; Third, adopt flexible business strategies in combination with changes in internal and external environment to ensure the completion of annual objectives.
(IV) promoting the six in one action,
