Zhejiang Meorient Commerce & Exhibition Inc(300795)
Annual report for 2021
2022009
March 2022
Section I important tips, contents and definitions
The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that the contents of the annual report are true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities.
Pan Jianjun, the person in charge of the company, Wang Tiandong, the person in charge of accounting, and Wang Qian, the person in charge of the accounting organization (Accounting Supervisor), declare that they guarantee the authenticity, accuracy and completeness of the financial report in this annual report.
All directors have attended the meeting of the board of directors to consider this report.
In 2021, the global covid-19 pneumonia epidemic has not ended, but the world economy is gradually recovering. Platform economies such as exhibition economy are not only visible and tangible indicators, but also important driving forces. All members of Mio Convention and exhibition have made concerted efforts to actively meet challenges under the guidance of the company's strategy, strive to seize opportunities and make changes, continuously improve productivity and combat effectiveness by strengthening the company's strategy, innovating business model, adjusting organizational structure, optimizing management system and other measures, firmly focus on business objectives and make full breakthroughs to promote the rapid growth of new business. At the same time, make every effort to help foreign trade enterprises expand overseas markets through digital exhibition online and overcome difficulties with Chinese manufacturers and Chinese enterprises.
During the reporting period, the company achieved an operating revenue of 181640900 yuan, a year-on-year increase of 92.51%; The operating income after deduction was 181640900 yuan, a year-on-year increase of 92.51%; The total profit was -680813 million yuan, a year-on-year increase of 16.74%; After deducting non recurring profits and losses, the net profit attributable to common shareholders of the company was -535309 million yuan, a year-on-year increase of 14.53%; The total assets of the company were 5228834 million yuan, a year-on-year decrease of 1.45%; The owner's equity attributable to the shareholders of the listed company was 383969100 yuan, a year-on-year decrease of 11.54%. During the reporting period, the revenue of the company's digital exhibition - online exhibition and trade Max increased significantly compared with the previous year, and the revenue from the construction of new product online exhibition and trade stations made a breakthrough. The company realized the revenue from Internet related innovative business, that is, the revenue from digital exhibition and other services was 154025400 yuan, an increase of 86.24% over the previous period, accounting for 84.80% of the total revenue
Any forward-looking statements in this report involving future development strategies, business plans, business objectives and other forward-looking statements do not constitute the company's substantive commitment to any investors and related persons. Investors and related persons should maintain sufficient risk awareness and understand the differences between plans, objectives, forecasts and commitments. The company may face all kinds of risks, such as the risk of continuous infection of New Coronavirus pneumonia, the risk of macroeconomic situation, the risk of new business expansion, the risk of exchange rate fluctuations, the political and economic risks of overseas exhibition venues, the implementation risks of fund-raising investment projects, and the risks of implementing investment and acquisition projects. For detailed description, please refer to the relevant contents of "possible risks" in "Xi. Outlook for the future development of the company" in Section III "management discussion and analysis" of this report.
The profit distribution plan approved by the board of directors is: Based on 100164000, the company will distribute cash dividends of 0.00 yuan (including tax) to all shareholders for every 10 shares, give bonus shares of 0 shares (including tax), and transfer capital reserve to all shareholders for every 10 shares.
catalogue
Section I important tips, contents and definitions Section 2 company profile and main financial indicators 8 section III Management Discussion and Analysis Section IV corporate governance Section V environmental and social responsibility Section VI important matters Section VII changes in shares and shareholders Section VIII preferred shares 101 section 9 relevant information of bonds 102 section x financial report one hundred and three
Directory of documents for future reference
1、 Financial statements containing the signatures and seals of the person in charge of the company, the person in charge of accounting work and the person in charge of the company's accounting organization (Accounting Supervisor). 2、 The original of the audit report with the seal of the accounting firm and the signature and seal of the certified public accountant. 3、 The originals of all relevant documents and announcements of the 2021 annual report publicly disclosed on the website designated by the CSRC. 4、 The original of 2021 annual report signed by the legal representative of the company. 5、 Other relevant information.
The location of the above documents for reference: room 2104, 21st floor, modern transportation business building, 218 Hengfeng Road, Shanghai
interpretation
Explanatory item refers to the explanatory content
The company, joint stock company, company, parent company and Mio refer to Zhejiang Meorient Commerce & Exhibition Inc(300795)
Rand and Mio Exhibition
The actual controllers refer to pan Jianjun, Fang Huansheng and Yao Zongxian, who clarify the relationship of concerted action through the agreement on concerted action
Tianjian certified public accountants refers to Tianjian Certified Public Accountants (special general partnership)
Sinolink Securities Co.Ltd(600109) , sponsor and sponsor refer to Sinolink Securities Co.Ltd(600109)
Company Law refers to the company law of the people's Republic of China
Shareholders and general meeting of shareholders refer to Zhejiang Meorient Commerce & Exhibition Inc(300795) shareholders and general meeting of shareholders
Directors and board of directors refer to Zhejiang Meorient Commerce & Exhibition Inc(300795) directors and board of directors
Supervisors and the board of supervisors refer to Zhejiang Meorient Commerce & Exhibition Inc(300795) supervisors and the board of supervisors
CSRC and CSRC refer to the China Securities Regulatory Commission
Shenzhen stock exchange refers to Shenzhen Stock Exchange
Shanghai International Advertising Exhibition Co., Ltd. and Shanghai International Exhibition Co., Ltd. refer to Shanghai International Advertising Exhibition Co., Ltd., which are the holding subsidiaries of the company
Beimi refers to Beijing miolante International Exhibition Co., Ltd., which is a holding subsidiary of the company
Guangmi refers to miolant (Guangdong) Business Technology Co., Ltd., which is a wholly-owned subsidiary of the company
Ningbo mi'ao Commerce Exhibition Co., Ltd., a wholly-owned subsidiary of mi'ao Commerce Exhibition Co., Ltd
Shenmi refers to Shenzhen miolante International Exhibition Co., Ltd., which is a wholly-owned subsidiary of the company
Dongguan Mio refers to Mio rand (Dongguan) Business Technology Co., Ltd., which is a wholly-owned subsidiary of guangmi
Hangzhou miolante Enterprise Management Co., Ltd. refers to the wholly-owned subsidiary of the company
Millard (Zhejiang) Network Technology Co., Ltd. and Millard (Zhejiang) Network Technology Co., Ltd. are wholly-owned subsidiaries of the company
Olante technology, Mio Technology
Miolante (Zhejiang) Equity Investment Co., Ltd. refers to the wholly-owned subsidiary of the company
Olant investment company
Green Valley and Green Valley refer to Green Valley International Exhibition Co., Ltd., which is a wholly-owned subsidiary of the company established in Jordan
Swift refers to swift International Exhibition Co., Ltd., a wholly-owned subsidiary of the company established in Dubai
Shenzhen Huafu Exhibition Service Co., Ltd. and Shenzhen Huafu public refer to the holding subsidiaries of the company
department
Hangzhou Shukun Technology Co., Ltd. and Hangzhou Shukun company refer to the wholly-owned subsidiaries of the company
China Textile advertising refers to China Textile advertising Exhibition Co., Ltd., which is a holding subsidiary of the company
The company directly leases the place of origin from the exhibition hall operator, runs the exhibition with its own brand, and is responsible for the planning and launching of the purpose of self-organized exhibition, the implementation of exhibition, investment attraction and other work, and owns the ownership of the exhibition brand.
Overseas agent exhibitions refer to foreign economic and trade exhibitions planned and initiated by other units as organizers. The company purchases booths from the organizers and sells booths to exhibitors.
Digital exhibition refers to a new business model integrating five service modules: digital information, digital display, digital matchmaking, big data mining and digital negotiation.
As a digital exhibition product, the product gives full play to the advantages of the Internet, based on the global exhibition resources and global exhibition system of Mio exhibition, and the online exhibition and trade Max refers to commodity demand information collected and provided by the overseas buyer service team, Relying on the foreign trade big data service and precise matching function of Mio exhibition, and using the new mode of digital exhibition, Chinese exhibitors can do foreign trade online, find merchants online and expand the market online.
The main product of the double track and double exhibition mode is online exhibition and trade meta, which is mainly aimed at the market changes of the current overseas exhibition recovery but the exhibition of Chinese enterprises is still blocked. It is a Wuxi Online Offline Communication Information Technology Co.Ltd(300959) , domestic and overseas full process service tailored for Chinese foreign trade enterprises to explore the international market: double track and double exhibition before the exhibition Online exhibition and trade meta refers to the online construction of "digital overseas exhibition hall" to provide online selection, and the exhibits go to sea in advance for exhibition; During the exhibition, the seller can experience the online and offline functions of products and buyers through online and offline negotiation; After the exhibition, carry out secondary operation services to help exhibitors obtain more buyers and customers with matching purchase intentions.
The global association of the exhibition industry refers to one of the most important international organizations in the international exhibition industry, which provides a platform for members to exchange information, experience UFI, explore industry development trends, strengthen cooperation and close relations. Countries around the world generally believe that it is recognized by UFI
