Securities code: Zhejiang Renzhi Co.Ltd(002629) securities abbreviation: Renzhi shares Announcement No.: 2022015 Zhejiang Renzhi Co.Ltd(002629) 2021 annual report summary
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. All directors have attended the meeting of the board of directors to consider this report. Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of ordinary shares 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 plans not to distribute cash dividends, bonus shares or convert accumulation fund into share capital. 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: Renzhi Stock Code: Zhejiang Renzhi Co.Ltd(002629)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Wang Jing Zhu Siying
Office address: room 2405, block a, Jingji Binhe Times Square, Futian District, Shenzhen, Guangdong Province room 2405, block a, Jingji Binhe Times Square, Futian District, Shenzhen, Guangdong Province
Fax: 07558320 3875
Tel: 075583200949075583200949
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
The company is a high-tech enterprise integrating technology R & D, scheme design, service provision of oilfield technical services and R & D and production of oilfield chemical additives. During the reporting period, the company's main businesses were oilfield environmental protection management, downhole operation technical services, pipe inspection and maintenance services, production and sales of petrochemical products, and production and sales of new materials. During the reporting period, there was no significant change in the company's main business. The company's main products and services are as follows:
1. New material business
New material company has been engaged in material modification production business for 18 years. It is a national high-tech enterprise. Its business covers the research, production and sales of modified materials such as polyethylene / Polypropylene Modification, functional masterbatch, silent pipe material, anti-corrosion material, nylon modification, pet modification, ABS modification, PC modification and PC / ABS alloy. The products are mainly used in many fields such as plastic pipes, housing, automobiles, household appliances, electronics and electricians. They have formed a sales network and channels covering all areas in China and enjoy a good industry reputation.
In terms of market, new materials focus on providing products and technical services according to customers' needs and providing differentiated services to occupy the market. The main mode is "production based on sales". Due to the wide application and diversified performance of modified plastic products, different customers have different emphasis on their appearance and performance. Under the direct selling mode, the company can timely understand the needs of customers and quickly provide customized new product services for customers; The company's direct customers are generally downstream end product manufacturers or their upstream processing manufacturers. And always adhering to the business philosophy of "customer first", we are committed to providing high-quality products and services according to customer needs. After years of continuous R & D and operation management in the field of new materials, the company has established a perfect product quality management system and process, obtained ISO9001 quality management system certification, established good cooperation with high-quality customers such as Liansu Group, GuDi group and Chuanlu group, and established a good brand image.
2. Environmental protection business
The company's environmental protection business mainly includes oil and gas field wastewater treatment, sludge pretreatment and tank cleaning, mud non landing technical services, noise reduction technical services, environmental protection technical services, resource utilization and other projects. In 2021, the company won the market access qualification of Southwest Oil and gas branch again and continued to operate and manage Qifu sewage treatment station. Our company has been engaged in environmental protection business for nearly 20 years, has strong technical precipitation, has accumulated rich on-site construction experience, and has complete environmental protection procedures and operation qualifications.
3. Downhole operation business
The company's downhole operation related business has four sections, namely, drilling engineering technical services, downhole technical services, stimulation technical services, downhole tools and completion technical services, including coiled tubing technology, workover technology, oil (gas) testing technology, gas well EOR technology, oil well EOR technology, acid fracturing technology, casing completion technology, open hole completion technology and special tool products.
In 2021, through years of market preparation, transformation of engineering and technical service ideas and active expansion of new regional market, the project construction of original customers for multiple wells was completed exclusively.
4. Xinjiang pipe inspection and maintenance business
Xinjiang pipe tool company has been engaged in drilling tool inspection and maintenance and on-site flaw detection for 11 years, covering drilling and workover pipe tools, tool detection and flaw detection, drilling tool wear-resistant belt welding, pipe thread repair and processing, drilling tool alignment, on-site flaw detection of internal blowout prevention tools and other businesses. The business is mainly to provide Yu technical services for drilling and workover, reduce safety risks during drilling and workover construction, and provide safety guarantee for the service of pipe tools and tools.
In terms of market, Xinjiang pipe fittings Co., Ltd. takes improving "market response ability, technical service ability, income increase and efficiency creation ability and operating profitability" as the working idea, firmly establishes the development concept of "taking market development as the leader, taking economic benefits as the center, taking safety production as the premise and fine management as the starting point", and actively develops the business market; Deepen internal reform, promote fine management, improve business profitability and standardize management; Grasp the safety production management and promote the independent management of employees; Grasp the quality control of drilling tools to ensure the service safety of drilling tools; Continuously improve the service quality and service level, and make every effort to serve the main business of exploration and development. 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 retroactively adjust or restate the reasons for accounting error correction
Unit: Yuan
At the end of 2020, the end of this year is higher than that at the end of 2019
Increase or decrease at the end of 2021
Before adjustment, after adjustment, before adjustment, after adjustment.
Total assets 3620199822337902308363796356940 - 4.64% 365434954365,434954. 9 0 28 28
521865200521865200 net assets attributable to shareholders of listed companies 78318348533170194473377138154 - 76.81%
1 1
2020 compared with 2019 of the previous year
Increase or decrease in 2021
Before adjustment, after adjustment, before adjustment, after adjustment.
Operating income 1259912494310857337251079696515 16.69% 968368167968368167
Net profit attributable to shareholders of listed company -146901742289701792289701792 -2640550998 -1529136130 -79.75%
3 3 3
Attributable to shareholders of listed companies
Net deduction of non recurring profit and loss of -1985137272652528- 11,251165. Profit 9 84
Cash flow from operating activities - 204885202621999562621999562 net volume - 4179920239 - 2048852021 1 - 104.01% 3
Basic earnings per share (yuan / share) -0.064 -0.037 -0.036 -77.78% 0.070 0.070
Diluted earnings per share (yuan / share) -0.064 -0.037 -0.036 -77.78% 0.070 0.070
Weighted average return on net assets - 126.94% - 35.83% - 34.18% - 92.76% - 76.08%
Reasons for changes in accounting policies and correction of accounting errors
The company has received the decision on Issuing warning letter to Zhejiang Renzhi Co.Ltd(002629) and relevant personnel (No. [2021] 91) issued by Zhejiang securities regulatory bureau. In view of the problems pointed out in the warning letter, such as the non disclosure of connected transactions, the non disclosure of external financial assistance and the defects of internal control, the current board of directors and management actively take measures to hire intermediaries to check the possible accounting errors, and review the financial statements for the first to third quarters of 2020 The financial statements of 2020 and the financial statements of the first to third quarters of 2021 shall be subject to accounting error correction and retroactive adjustment.
After retroactive adjustment, it will not lead to the change of profit and loss nature of the relevant statements disclosed by the company. See the audit report on the special instructions for correction of accounting errors in Zhejiang Renzhi Co.Ltd(002629) earlier period (dahuahezi [2021] No. 0013104) disclosed by the company on cninfo.com on the same day for the correction items
