Beijing Const Instruments Technology Inc(300445)
Work report of the board of directors in 2021
In 2021, the board of directors of Beijing Const Instruments Technology Inc(300445) (hereinafter referred to as "the company") strictly implemented the resolutions of the general meeting of shareholders and actively promoted the implementation of the resolutions of the board of directors in strict accordance with the provisions of laws and regulations, normative documents, the articles of association and the rules of procedure of the board of directors. All directors were conscientious, responsible, dutiful and diligent, and did a lot of fruitful work for the scientific decision-making and standardized operation of the board of directors, Effectively protect the interests of the company and all shareholders. The work report of the board of directors of the company in 2021 is as follows: the work report of the board of directors of the company in 2021 includes three parts: first, the overall work of the company in 2021; 2、 Standardized operation of the board of directors; 3、 The company's development plan and work priorities in 2022. The specific contents are as follows: I. overall work of the company in 2021 (I) operation of the company during the reporting period
In 2021, facing the rising inflation pressure and many external uncertainty risks, the company accelerated the extension of the industrial chain, established cooperation with Mingde software, accelerated the implementation of the progress of projects under construction and digital construction, continued to increase R & D technology reserves and strengthen security inventory management, and the company's performance continued to grow steadily.
1. Production and operation
During the reporting period, the company achieved an operating revenue of 3533578 million yuan, a year-on-year increase of 22.2%, of which the international market revenue was 1358687 million yuan, a year-on-year increase of 22.5%, and the Chinese market revenue was 2174891 million yuan, a year-on-year increase of 22.1%; The operating income of pressure testing products was 277174 million yuan, with a year-on-year increase of 20.5%; the operating income of temperature and humidity testing products (including process and electrical testing products) was 716314 million yuan, with a year-on-year increase of 31.1%; The net profit attributable to the shareholders of the listed company is 70.05 million yuan, and the net operating cash flow is 376665 million yuan; The total R & D investment was 884098 million yuan, accounting for 25% of the total revenue, with a year-on-year increase of 21.4%.
2. Main products of the company
The company's main business is digital testing instruments and equipment, auxiliary testing services, and can provide customers with professional pressure, temperature and humidity calibration and testing solutions. During the reporting period, the company's main business has not changed.
The main products are as follows:
Service field product category main product model specific application industry
Process industry, digital pressure gauge const810 series, const811 series power generation / power grid, oil and gas field / oil refining / gas storage pipeline/
Pressure measurement products in the fields of quantity, const811a series on-site automatic chemical industry, metallurgy, measurement and detection, medical / pharmaceutical, dynamic pressure calibrator of force parameters, meteorology, civil aviation / rail transit maintenance, automobile and parts quantity and calibration, const283 / const273 digital pressure parts, papermaking, food / beverage, municipal, construction force calibrator, const223 intelligent number and coal mine, etc
Zigzag pressure gauge, const221
/Const211 digital pressure gauge
Const221ex explosion proof intelligent digital pressure
Force gauge, pressure pump series
Const820 series pressure controller measurement and detection, sensor / instrument production test
Const660 series intelligent dry body furnace, power generation / power grid, oil and gas field / oil refining / gas storage pipeline / const670 series intelligent precision dry body chemical industry, metallurgy, measurement and detection, medical / pharmaceutical, furnace meteorology, civil aviation / rail transit maintenance, automobile and parts const326 series parts, papermaking, food / beverage, municipal, construction Intelligent process calibrator, coal mine and electronic equipment manufacturing, etc
Const31x series process calibrator
Const602 intelligent reference thermometer
Const630 intelligent temperature and humidity inspection system
Unified scheme
Process industry, temperature detection and production of const683a intelligent standard furnace, power grid / power generation, oil and gas field / oil refining / gas storage pipeline / quantity and other fields, temperature products const685 Intelligent Multi-channel super measurement, chemical industry, metallurgy, measurement and detection, sensor / instrument humidity, process temperature instrument production and testing, automobile manufacturing and civil aviation maintenance, data measurement, const681 / 682 intelligent precision constant temperature appliance manufacturing and storage, etc
Calibration slot, const683 intelligent precision verification
furnace
Const680 automatic temperature verification system
Unified
CF55 oil immersed transformer temperature measuring device, power grid, measurement and detection, metallurgy, high-end equipment detection system, cf21 salt bath constant temperature bath manufacturing, etc
Series, cf41-01 water three-phase point bottle
System storage device
Humidity calibration produces CF31 Thermohygrometer automatic verification system, measurement and detection, instruments and meters, meteorology, medicine and other products
Process industry, const 380 intelligent high-precision DC digital power grid / power generation, oil and gas field / oil refining / gas storage pipeline / quantity and other fields, multi-purpose meter of electrical products, chemical industry, metallurgy, measurement and detection, colleges and universities, sensor / instrument production and testing, automobile manufacturing, civil aviation test and maintenance, household appliance manufacturing, storage, etc
Digital pressure detection products include digital precision pressure gauge, intelligent pressure calibrator, automatic pressure calibrator, intelligent pressure controller, pressure calibrator, pressure accessories and other products, which are mainly used for the measurement and calibration of pressure physical signals.
During the reporting period, the sales revenue of digital pressure detection products was 277174 million yuan, an increase of 20.5% over last year.
Temperature and humidity detection products include intelligent dry body furnace, intelligent thermometer, intelligent thermostatic bath and verification furnace, automatic temperature verification system, temperature and humidity verification system and other products, which are mainly used for the measurement and calibration of temperature physical signals. The sales revenue of temperature calibration products was 716314 million yuan, an increase of 31.1% over last year. （2） Assets and liabilities of the company
As of December 31, 2021, the company's liabilities and owner's equity totaled 1032943200 yuan, an increase of 3.8% over the beginning of the period, of which current assets decreased by 14.5% and non current assets increased by 34.9%; The company's total liabilities were 93.183 million yuan, an increase of 17.6% over the beginning of the period. （3） Operation of the company and its subsidiaries
During the reporting period, the company achieved an operating revenue of 3533578 million yuan, a year-on-year increase of 22.2%; The net profit attributable to shareholders of listed companies reached 70.05 million yuan, a year-on-year increase of 18.1%.
As of December 31, 2021, the company has 5 subsidiaries, including 3 wholly-owned subsidiaries, 1 holding subsidiary and 1 branch. The details are as follows:
Additel, a wholly-owned subsidiary of the company, takes the ultimate service as the goal, relies on the information platform and products with global leading level, and hedges the influence of a single region through global sales. Carry out specific marketing plans and market development around the hierarchical structure of Los Angeles headquarters, Salt Lake City branch and Odense branch in Denmark, radiate to the world with the direct sales + agent system, and form a 24-hour global rapid response mechanism; Through regular sales meetings, agent training meetings, NCSL Measurement Conference in the United States, Hannover Industrial Expo in Germany and other large-scale international exhibitions, customer visits and other forms to expand the foreign market, and expand the industry influence by combining e-mail, Internet marketing platform, social platform and traditional paper media. At present, there are more than 100 agents in the international market.
The main business of the wholly-owned subsidiary Beijing sampu Xinyuan Technology Co., Ltd. is instrument and sensor business. As the implementation subject of the company's "intelligent manufacturing project of pressure and temperature detection instruments", "R & D center project of intelligent calibration products" and "intelligent manufacturing project of MEMS sensor vertical industry", Sampo Xinyuan will form an industrial structure of pressure detection products, temperature detection products, high-precision pressure sensors and pressure transmitters, further increase the types and dimensions of products and improve the development layout of product internationalization, Achieve overall sustainable and stable development.
Beijing Hengju Testing Technology Co., Ltd., a wholly-owned subsidiary, is mainly engaged in measurement and testing services. The calibration agreement signed by China's national and regional elite laboratories and the calibration certificate issued by China's national metrology Committee in 2016 can be recognized by the world's elite laboratories, and the calibration data can be recognized by China's national metrology Committee. Relying on the excellent brand effect of the company, in the future, with the gradual opening of China's compulsory metrological verification market, the business volume of constant moment testing market will further increase.
Jinan Changfeng Zhiyuan Instrument Technology Co., Ltd., a holding subsidiary, focuses on the R & D, production and sales of high-end temperature and humidity measurement and calibration equipment. The self-developed products include: temperature and humidity verification box, automatic verification system of temperature and humidity meter, salt bath constant temperature bath, freezing and preservation device of water three-phase point bottle, detection system of oil immersed transformer temperature measuring device, etc. Temperature and humidity is one of the most important factors in the evaluation of environmental conditions. Starting from the combination point of R & D and manufacturing with Changfeng Zhiyuan, the company has successively introduced the company's production and manufacturing system, quality management system and technology R & D mode, deeply embedded intellectual property rights, and shared the company's marketing channels, so as to promote the accelerated development of Changfeng Zhiyuan. （4） Progress of share repurchase
The sixth meeting of the Fifth Board of directors held on March 15, 2021 and the first extraordinary general meeting of 2021 held on March 31, 2021 considered and approved the proposal on repurchase of shares of the company through centralized bidding transaction, which repurchases part of the issued RMB common shares (A shares) of the company with its own funds through centralized bidding transaction, and the repurchased shares will be cancelled and the registered capital will be reduced. The total amount of repurchase funds shall not be less than 50 million yuan and not more than 100 million yuan, and the repurchase price shall not exceed 17.46 yuan / share. The implementation period of this share repurchase shall not exceed 12 months from the date when the shareholders' meeting deliberates and approves the share repurchase plan.
1. On April 29, 2021, the company implemented the repurchase plan for the first time by means of centralized bidding transaction through the special securities account for repurchase. For details, see the announcement of Beijing Const Instruments Technology Inc(300445) on initial repurchase of company shares (Announcement No.: 2021041) disclosed by the company on cninfo.com;
2. Announcement on progress of Beijing Const Instruments Technology Inc(300445) on repurchase of shares of the company (Announcement No.: 2021042) disclosed by the company on cninfo.com on May 6, 2021;
3. On May 26, 2021, the announcement of Beijing Const Instruments Technology Inc(300445) on the change of share repurchase proportion of the company up to 1% and the progress of repurchase (Announcement No.: 2021046) disclosed by the company on cninfo.com;
4. Announcement on progress of Beijing Const Instruments Technology Inc(300445) on repurchase of shares of the company (Announcement No.: 2021047) disclosed by the company on cninfo.com on June 1, 2021;
5. Announcement on progress of Beijing Const Instruments Technology Inc(300445) on repurchase of shares of the company (Announcement No.: 2021049) disclosed by the company on cninfo.com on July 1, 2021;
The actual repurchase period of the company is from April 29, 2021 to July 28, 2021. As of July 28, 2021, the company has repurchased 3950071 shares of the company through centralized bidding trading through the special securities repurchase account, accounting for 1.8255% of the total share capital of the company. The maximum transaction price is 15.47 yuan / share, the minimum transaction price is 12.04 yuan / share, and the total repurchase amount is 5005297579 million yuan (excluding transaction costs). On August 4, 2021, Shenzhen Branch of China Securities Depository and Clearing Corporation Limited completed the cancellation procedures for the above 3950071 shares. （5） Profit distribution and dividend distribution of the company
During the reporting period, the company implemented the profit distribution plan, dividend standard and dividend ratio in strict accordance with the relevant profit distribution policies and deliberation procedures of the articles of association
