Sealand Securities Co.Ltd(000750) securities code: Sealand Securities Co.Ltd(000750)
Materials of 2021 annual general meeting of shareholders
catalogue
Serial number document name page number
1 Sealand Securities Co.Ltd(000750) 2021 annual work report of the board of directors 3
2 Sealand Securities Co.Ltd(000750) independent director’s 2021 performance report 16
Sealand Securities Co.Ltd(000750) board of directors’ report on the performance of directors in 2021
3. Special instructions on performance appraisal and salary 39
Sealand Securities Co.Ltd(000750) board of directors’ report on senior management in 2021
4 special instructions on the performance, performance appraisal and salary of managers 41
5 Sealand Securities Co.Ltd(000750) 2021 annual work report of the board of supervisors 44
Sealand Securities Co.Ltd(000750) board of supervisors’ report on the performance of supervisors in 2021
6. Special instructions on performance appraisal and salary 55
7 Sealand Securities Co.Ltd(000750) 2021 annual financial statement report 58
8 Sealand Securities Co.Ltd(000750) 2021 annual report and summary 63
9 Sealand Securities Co.Ltd(000750) 2021 profit distribution plan 64
Sealand Securities Co.Ltd(000750) about reviewing the company’s own assets in 2022
10 proposal on the scale and risk limit of capital securities investment business 66
Sealand Securities Co.Ltd(000750) about the appointment of the company’s 2022 financial
11 proposal on reporting to audit institutions and internal control audit institutions 67
Sealand Securities Co.Ltd(000750) as of December 31, 2021
12 report on the use of previously raised funds 68
Sealand Securities Co.Ltd(000750)
Work report of the board of directors in 2021
(April 27, 2022)
2021 is a milestone year in the history of the party and the country. In the face of the severe and complex situation intertwined with the epidemic in the century and the changes in the century, the board of directors of Sealand Securities Co.Ltd(000750) (hereinafter referred to as the company) inherited and carried forward the great spirit of Party building, absorbed the strength of hard work, actively and effectively exercised the functions and powers of the board of directors in accordance with laws and regulations with the strong support of all shareholders, and led the company to successfully complete all objectives and tasks throughout the year, Achieve a good start in the 14th five year plan. The work is reported as follows:
1、 Work in 2021
(I) conscientiously perform their duties and continuously improve the corporate governance ability
Implement the decision-making and deployment of the Central Committee and the CSRC, carry out special actions on corporate governance, adhere to the guidance of Party construction, organically combine Party leadership with corporate governance, promote the “party construction into the articles of association” of parent and subsidiary companies, optimize and improve the list of pre research and decision-making matters of the Party committee, further clarify the rights and responsibilities boundaries of various governance subjects, and continuously improve the level of corporate governance. The training on the performance of duties of new directors, supervisors and senior managers was strengthened to improve their ability to perform their duties. The board of directors convened three shareholders’ meetings according to law throughout the year, deliberated and passed 23 proposals, and strictly implemented all resolutions of the shareholders’ meeting. The board of directors held 9 meetings, considered and approved 63 proposals on capital increase to subsidiaries and new branches, and achieved remarkable results in promoting the transformation and upgrading of the company. Give full play to the functions of the special committee of the board of directors, attach great importance to the independent opinions and professional judgment of independent directors, hold 16 special committee meetings, and independent directors express independent opinions on 14 major issues, so as to effectively safeguard the legitimate rights and interests of shareholders, especially small and medium-sized shareholders. Improve the level of information disclosure and strengthen the interactive communication between investors. It has been rated as the highest grade A of the letter phi of Shenzhen stock exchange for three consecutive years. (II) enhance strategic guidance and accelerate the pace of high-quality development
Accurately grasp the essential connotation of high-quality development of the industry, formulate and issue the company’s “14th five year plan” strategic plan and promote the implementation of the management, and the company’s high-quality development has achieved new results. The operating performance has made steady progress. In the whole year, the consolidated operating revenue was 5.170 billion yuan, the total profit was 1.148 billion yuan and the net profit attributable to the parent was 765 million yuan, with a year-on-year increase of 15%, 10% and 5% respectively. The total assets, net assets and consolidated revenue of the company reached a record high, and the taxes paid exceeded 1.2 billion yuan, a year-on-year increase of 17%, the second highest in history. The revenue and profit of the three subsidiaries of Guohai Franklin fund, Guohai Liangshi futures and Guohai innovation capital all reached a record high, and the Sealand Securities Co.Ltd(000750) investment also made a profit. The scale of customers and assets increased steadily, with 200000 new retail customers in retail business, a year-on-year increase of 8%, new customer assets of 33.2 billion yuan, a year-on-year increase of 64%, and nearly 450000 new Internet users. In terms of enterprise customers, we have developed and cultivated a number of high-quality projects in line with the national strategy. In terms of institutional customers, more than 1000 market making counterparties of financial institutions were added throughout the year; The number of Pb institutional customers increased by 51% year-on-year, and the scale doubled. The scale of the two financial services reached a five-year high, and the number of consignment channels of asset management products and research sub warehouse institutions increased steadily. The management scale of Guohai Franklin fund, the number of effective customers, the raising and investment scale of Guohai innovative capital, and the customer rights and interests, transaction scale and asset management scale of Guohai Liangshi futures brokerage business all reached a record high. (III) accelerate business transformation and upgrading and improve the level of specialization and high-quality products
Focus on the “four fields” of big wealth, big asset management, investment research and investment banking, strive to promote the management to implement the three major projects of “customers”, “high-quality products” and “ability improvement”, and continuously improve the development level of specialization and high-quality products. First, the transformation of retail wealth management has achieved remarkable results. Significant progress has been made in marketing services, investment advisers, products and team empowerment. The sales scale and income of financial products have reached a record high, and the industry ranking has been improved by 3. The sales of bond products developed rapidly, and the scale of landed assets increased by 379% year-on-year. The product system and business model of investment advisory services have been improved, and the growth rate of investment advisory income has outperformed the industry. Second, the active management ability of Daan asset management has been continuously strengthened. The scale of Guohai Franklin fund’s non monetary fund was 59.4 billion yuan, an increase of 35%. Its seven funds ranked among the top 1 / 4, and the number of fund managers with excellent medium and long-term performance increased steadily; Relying on professional advantages, the newly approved 500 million QDII quota. Guohai innovation capital maintained excellent investment performance, realized the withdrawal of 9 projects throughout the year, with a return on investment of 107%, and won many important awards such as “winner of equity investment of Jinniu securities company”. The asset management branch strengthened the creation of active management products, established 66 new active management products, and the revenue of quantitative products increased by 46% year-on-year.
Third, the investment and research capacity was consolidated and improved. The equity investment business effectively responded to market fluctuations, and the yield significantly outperformed the CSI 300 index. The bond investment business actively developed new strategies and varieties, grasped the investment opportunities of convertible bonds, and the income increased significantly year-on-year. The advantageous business in the financial market has a solid position in the industry, with financial bond underwriting securities companies ranking fifth and market making business ranking 15th in the whole market. The new business grew rapidly, and the bill business has become a new profit growth point after more than a year. The investment and trading business of small and medium-sized enterprises has transformed from market making to investment, seized the market opportunity of the Beijing stock exchange, and achieved a new high performance. The research business covers 25 industries, and the research commission income increased by 84% year-on-year. Fourth, boutique investment banks have achieved initial results. Focusing on strategic emerging industries, we accelerated project reserve and implementation. The number of lead underwriters of stocks rose sharply by 27 year-on-year, and recommended three companies to go public, realizing a breakthrough of zero on the science and innovation board. We continued to strengthen the construction of professional ability, continuously improved the quality of bond business, steadily increased the proportion of AAA bonds, and upgraded the ratings of the national development and Reform Commission and China Securities Association to class A and class B. Fifth, there are many highlights of innovative development. Continuously improve the innovation mechanism, give play to the leading role of the Innovation Award Fund, and carry out the innovation and creativity competition for the first time. 12 projects won the company follow Innovation Award and 4 projects won the golden idea Creativity Award. The first batch of China’s sustainable development projects, including the first batch of corporate bonds linked to Shenzhen Zhonghe stock exchange, have been completed.
(IV) adhere to deepening reform and enhance the ability of internal control and management
Focus on the two key tasks of benchmarking first-class management improvement and three-year action of state-owned enterprise reform, strive to solve the difficulties and problems in development, and constantly improve the management level of the company. First, take multiple measures to improve the ability of internal control and management. We continued to strengthen system construction and formulated 319 revised systems throughout the year. Strengthen group control and further enhance the consistency of financial management and compliance management of branches and subsidiaries. Consolidate the front-line responsibilities, strengthen the employment, training and assessment of front-line compliance personnel, and expand the breadth and depth of employee practice behavior monitoring. Improve the pre control ability and refinement of compliance risk control, and upgrade a series of intelligent systems such as compliance management system, comprehensive risk management system and investment bank financial fraud analysis system. Adhere to forward-looking research, prevent and resolve risks, study and judge business risk points in advance, and the company’s risk control indicators are better than the regulatory early warning standards. Adhere to in-depth verification and reform, carry out surprise inspection for the first time, and complete 2 internal inspections, 72 audit projects and 20 compliance inspections throughout the year, so as to promote reform through inspection and reform, and let supervision create value. The second is to improve human resource management ability by introducing external training and internal training. Deepen the reform of talent development system and mechanism, build a dual channel of professional management and MD rank system, and further unblock the career channel of employees. Strengthen talent training, set up a new level-1 department training center, build an internal “talent pool”, select the first phase of handsome talents, manage 68 reserve talents, implement the action learning training mode, optimize the digital learning platform, and comprehensively improve the quality of the talent team. Strengthen the introduction of talents, and introduce 229 business leaders and professionals. Through external introduction and internal training, the company’s talent team structure has been continuously optimized. The proportion of employees under the age of 40 has increased by 2.54 percentage points year-on-year, the proportion of employees with master’s degree or above has increased by 2.64 percentage points, and the proportion of research, investment and information technology personnel has increased by 2.85 percentage points. The third is to enhance the scientific and technological support capacity with intellectual empowerment. Increase investment. The annual total investment in science and technology accounted for 6.81% of the operating revenue in 2020, higher than the regulatory requirements. Optimize the organizational structure and enhance the ability of independent development, business integration and financial technology application. Focus on infrastructure capacity-building, complete the first phase of private cloud platform and Alibaba data launch, and improve data support capacity. Focus on the C-end, improve the intelligent function of Jintan app, build Guohai Shibei financial and business platform, and improve transaction service capability and customer experience. Focus on end B, build self operated quantitative platform, investment research platform, bond distribution management system and other projects, and improve the digital level of business. Focus on the needs of employees and launch projects such as employee studio 2.0 and financial graphic recognition system to improve the efficiency of exhibition industry and service. Fourth, make efforts to enhance the soft power of cultural brands in the same direction. Formulate the work outline for the implementation of corporate culture, promote the integration of corporate culture into Party construction, corporate governance, human resource management, compliance risk control and other links, and achieve remarkable results. Strengthen cultural publicity, carry out monthly vocational education training for all employees, collect excellent cases of corporate culture and other activities, and enhance the unity of knowledge and practice of employees on cultural values. Establish a “compliance integrity day” and hold a series of activities to create a culture of compliance, risk control and integrity for all employees. During the year, the company was rated as the demonstration base of enterprise culture construction in Guangxi and won many awards such as the “first prize of national excellent achievements of enterprise culture”. Adhere to the party’s management of publicity and ideology, highlight the construction of mechanism, grasp the position, focus on planning and refine the content, realize the improvement of both quantity and quality in brand publicity, and further expand the influence of Guohai brand.
(V) closely follow the national strategic orientation and serve social and economic development
Actively serve and integrate into the new development pattern, deeply implement the national strategies of double carbon, self-reliance and self-improvement in science and technology, specialization and special innovation, and rural revitalization, solidly implement the work deployment of Guangxi in building the “three major projects” of capital market and opening the financial portal, and continuously improve the ability to serve the real economy and national strategy. First, the strategy of serving the country has been effective. We assisted the development of strategic emerging industries such as scientific and technological innovation, supported the relief of private enterprises, and invested and financed 7.6 billion yuan for 16 enterprises in strategic emerging fields and 20 private enterprises. Vigorously develop green finance and issue the three-year action plan for green finance to raise green finance to the corporate strategy; Support the development of green industries, with a financing scale of 6.7 billion yuan, achieving leapfrog growth over the previous year; Implement responsible investment, set up the company’s first carbon neutral themed collective asset management plan, make a market and trade 4.6 billion yuan of green bonds, and improve the liquidity of the secondary market; Carry out green research and complete 15 reports on the theme of “double carbon”; Practice low-carbon operation, launch the green office initiative, and implement a number of energy conservation and emission reduction measures. The second is to serve Guangxi in a deep and practical way. Shoulder the responsibility and mission of connecting Guangxi with the main platform of the capital market in Dawan district and the Yangtze River economic belt, and continue to make efforts in attracting investment, production and intelligence. We continued to strengthen financing services, invested and financed 18 billion yuan for enterprises in the region throughout the year, and 45 stock and debt projects in the key reserve region. Actively act as a promoter of investment promotion, hold a series of activities of “financial institutions entering Guangxi”, and organize more than 30 institutions outside the region to visit state-owned enterprises in the region, so as to enhance investors’ investment confidence in Guangxi enterprises. Promote high-quality industries such as new energy vehicles to settle in Liuzhou and serve the autonomous region in attracting investment. Give full play to the role of capital market think tanks, sign strategic cooperation agreements with five cities including Guilin and Yulin, and provide customized services for local government industrial upgrading, investment and financing. Assist in holding the advanced seminar on capital market of Guangxi leading cadres and Guangxi listed reserve enterprises, organize and carry out the “specialized and special new” training meeting, covering more than 700 enterprises, and systematically promote the listing cultivation of enterprises in the region. Give full play to the advantages of research specialty and write several research reports on relevant industries in Guangxi. Third, social responsibility shows new responsibility. The number of recruits increased by 53% year-on-year and the number of interns increased by 15.5%. Support the Rural Revitalization Strategy and seamlessly connect poverty alleviation and Rural Revitalization. The Party branch of Liufeng village with designated assistance won the “national advanced collective for poverty alleviation”, and added two pairs to help “one company and one county”. As the first wholesale initiator, it invested 3 million yuan to participate in the public welfare action of promoting the revitalization of villages and towns in the securities industry. Guohai Liangshi futures carried out eight “insurance + futures” projects to benefit 17300 farmers. We have consistently devoted ourselves to public welfare undertakings, carried out public welfare activities such as “realizing the dream of love between the country and the sea” and “mother’s mail bag”, and invested more than 4 million yuan through public welfare donations, assistance funds and procurement expenses Shenzhen Agricultural Products Group Co.Ltd(000061) and other means throughout the year. Strengthen investor education. The company’s investment and education base was awarded the “national investor education base”, and linked branches to hold more than 900 investment and education activities to enhance investors’ awareness of risk prevention and promote the development of the securities market
