Company code: Guizhou Zhenhua E-Chem Inc(688707) company abbreviation: Guizhou Zhenhua E-Chem Inc(688707) Guizhou Zhenhua E-Chem Inc(688707)
Annual report for 2021
Important tips
1、 The board of directors, board of supervisors, directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and integrity of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2、 Unprofitable and unprofitable when the company is listed □ yes √ no III. tips on major risks
The company has described in detail the relevant risks that may be faced in the process of production and operation in this annual report. For details, please refer to the relevant contents of “IV. risk factors” in “section III Management Discussion and analysis” of this report. 4、 All directors of the company attended the board meeting. 5、 Zhongtianyun Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 6、 Hou qiaokun, the person in charge of the company and the person in charge of accounting work, declared to Qianxin and Liu Jin, the person in charge of the accounting organization (Accounting Supervisor): ensure the authenticity, accuracy and integrity of the financial report in the annual report. 7、 The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The company plans to distribute profits based on the total share capital registered on the date of equity distribution, and distribute cash dividends of 2.5 yuan (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 442934810 shares. Based on this calculation, the total cash dividend to be distributed is 11073370250 yuan (including tax). The profit distribution amount accounts for 26.84% of the net profit of 41257922786 yuan attributable to shareholders of Listed Companies in the consolidated statements of 2021. In 2021, the company will not convert capital reserve into share capital and will not give bonus shares. The remaining undistributed profits are carried forward and distributed in subsequent years.
If the total share capital of the company changes from the date of disclosure of this report to the date of equity distribution and equity registration, the company plans to maintain the total distribution unchanged and adjust the distribution proportion per share accordingly.
The company’s 2021 profit distribution plan can only be implemented after it is deliberated and approved by the company’s 2021 annual general meeting of shareholders. 8、 Whether there are important matters such as special arrangements for corporate governance □ applicable √ not applicable IX. risk statement of forward-looking statements √ applicable □ not applicable
The forward-looking descriptions of future plans and development strategies involved in this report do not constitute the company’s substantive commitment to investors. Please pay attention to investment risks. 10、 Is there any non operational occupation of funds by the controlling shareholders and their related parties? No
11、 Whether there is any external guarantee in violation of the specified decision-making procedures? No 12. Whether more than half of the directors cannot guarantee the authenticity, accuracy and integrity of the annual report disclosed by the company? No 13. Others □ applicable √ not applicable
catalogue
Section 1 interpretation Section 2 company profile and main financial indicators Section III Management Discussion and Analysis Section IV corporate governance Section V environment, social responsibility and other corporate governance 49 section VI important matters Section VII share changes and shareholders Section VIII preferred shares Section 9 information about corporate bonds 84 section x financial reporting eighty-five
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 accounting organization (Accounting Supervisor)
The catalogue of documents for future reference contains the original audit report sealed by the accounting firm and signed and sealed by the certified public accountant
The originals of all company documents and announcements publicly disclosed on the website designated by the CSRC during the reporting period
Section I interpretation
1、 Interpretation in this report, unless the context otherwise requires, the following words and expressions have the following meanings: common words and expressions interpret the company, the company and Guizhou Zhenhua E-Chem Inc(688707) refer to Guizhou Zhenhua E-Chem Inc(688707)
Guiyang Xincai refers to Guizhou Guizhou Zhenhua E-Chem Inc(688707) Material Co., Ltd
Yilong new material refers to Guizhou Zhenhua Yilong New Material Co., Ltd
The controlling shareholder and Zhenhua Group refer to China Zhenhua Electronics Group Co., Ltd
Actual controller, China Electronics refers to China Electronic Information Industry Group Co., Ltd
Company Law refers to the company law of the people’s Republic of China
Securities Law refers to the securities law of the people’s Republic of China
The articles of association refers to the articles of association of Guizhou Zhenhua E-Chem Inc(688707) company
Precursor refers to the intermediate product with highly uniform distribution of various elements prepared by solution process, which can be converted into finished product by chemical reaction
Ternary cathode material / ternary material refers to the ternary composite cathode material made of nickel salt, cobalt salt, manganese salt or nickel salt, cobalt salt and aluminum salt
NCM / nickel cobalt lithium manganate refers to a kind of ternary material. The chemical formula is linixcoymnzo2, x + y + Z = 1. At present, the ternary material most widely used in China. The higher the nickel content, the higher the specific capacity
NCA / lithium nickel cobalt aluminate refers to a kind of ternary material. The chemical formula is linixcoyalzo2, x + y + Z = 1
LCO / lithium cobalt oxide refers to LiCoO2, an inorganic compound, which is generally used as the positive electrode material of lithium-ion battery
LMO / lithium manganate refers to LiMn2O4, an inorganic compound, which is generally used as the positive electrode material of lithium-ion battery
LFP / lithium iron phosphate refers to LiFePO4, an inorganic compound, which is generally used as the positive electrode material of lithium-ion battery
3C refers to computer, communication and consumer electronics
Energy density refers to the energy per unit volume or unit mass of the battery, which is divided into volume energy density (WH / L) and mass energy density (WH / kg)
Specific capacity refers to the specific capacity of mass, that is, the amount of electricity that can be released by a unit mass of battery or active substance, and the unit is generally MAH / g; The volume of an active substance or the volume of another substance that can be discharged is generally ah / MH ³
Compaction density refers to the mass of material that can be filled in the unit volume of electrode surface coating after the electrode is rolled under certain conditions.
The higher the compaction density, the more active substances filled in the battery per unit volume, and the greater the capacitance provided
Magnification refers to an index characterizing the charging and discharging capacity of a battery. The higher the charge discharge ratio of the battery, it usually means that the higher the power of the battery, the faster the charge discharge speed
Gram capacity refers to the ratio of the capacitance that can be released by the active material inside the battery to the mass of the active material. Gram capacity is usually expressed in milliampere hours per gram (MAH / g). Sometimes the calculation of gram capacity also takes into account the mass of all inactive substances such as conductive additives and adhesives
The reporting period refers to the period from January 1, 2021 to December 31, 2021
Hongxing electronics refers to Guizhou Hongxing Electronic Material Co., Ltd
Nanjing Karui refers to Nanjing Karui innovation and Entrepreneurship Management Service Co., Ltd
Shawen phase I refers to the construction project of Guizhou Zhenhua E-Chem Inc(688707) material lithium ion battery cathode material production line (shawen phase I)
Shawen phase II refers to the construction project of Guizhou Zhenhua E-Chem Inc(688707) material lithium ion battery cathode material production line (shawen phase II)
Yilong phase II refers to the construction of Guizhou Zhenhua E-Chem Inc(688707) material lithium ion power battery ternary material production line (Yilong phase II)
Chengdu Rainbow Appliance(Group) Shares Co.Ltd(003023) refers to Chengdu Rainbow Appliance(Group) Shares Co.Ltd(003023) Co., Ltd., which is other enterprises controlled by China Electronics, the actual controller
Rainbow new material refers to Shaanxi rainbow new material Co., Ltd., which is actually controlled by China Electronics
Zhenhua finance refers to Zhenhua Group Finance Co., Ltd
CLP finance refers to China Electronics Finance Co., Ltd
CLP financial investment refers to CLP Financial Investment Holding Co., Ltd., a wholly-owned subsidiary of China Electronics, the actual controller
Shenzhen Kaifa Technology Co.Ltd(000021) refers to other enterprises controlled by Shenzhen Kaifa Technology Co.Ltd(000021) ( Shenzhen Kaifa Technology Co.Ltd(000021) . SZ), the actual controller
Xintianyu investment refers to Zhoushan xintianyu growth equity investment partnership (limited partnership)
SDIC fund refers to SDIC (Shanghai) venture capital fund enterprise for the transformation of scientific and technological achievements (limited partnership)
Xintai CITIC refers to Taizhou Xintai CITIC equity investment fund partnership (limited partnership)
Xintianyu phase VI refers to Shenzhen xintianyu phase VI equity investment partnership (limited partnership)
Desheng investment refers to Desheng equity investment partnership (limited partnership) in Ningbo Meishan free trade port area
Galaxy Yueke refers to Galaxy Yueke (Guangdong) Industrial Investment Fund (limited partnership)
Qingyu Zhixing refers to Suzhou Qingyu Zhixing venture capital partnership (limited partnership)
Dinghong investment refers to Shenzhen Dinghong growth investment enterprise (limited partnership)
Tianjin Xinhe refers to Tianjin Xinhe enterprise management consulting partnership (limited partnership)
Addition No. 1 refers to Shenzhen addition No. 1 venture capital partnership (limited partnership)
Shenzhen Lida refers to Shenzhen Lida new energy and advanced manufacturing venture capital partnership (limited partnership)
Beijing Lida refers to Beijing Lida high tech venture capital center (limited partnership)
Nanshan Skyworth refers to Shenzhen Nanshan Skyworth information technology industry venture capital fund (limited partnership)
Jiangxi Lida refers to Jiangxi Lida new material industry venture capital center (limited partnership)
Contemporary Amperex Technology Co.Limited(300750) refers to Contemporary Amperex Technology Co.Limited(300750)
Funeng industrial investment refers to Farasis Energy (Gan Zhou) Co.Ltd(688567) industrial investment (Beijing) Co., Ltd
Nanjing GuoXuan refers to Nanjing GuoXuan Holding Group Co., Ltd
Tianjin Lishen refers to Tianjin Lishen Holding Group Co., Ltd
Lanke lithium industry refers to Qinghai Salt Lake Lanke Lithium Industry Co., Ltd
Nanfang assets refers to Nanfang Industrial Assets Management Co., Ltd
Rural industry fund refers to the central enterprise rural industry investment fund Co., Ltd
Employee asset management plan refers to China Securities Co.Ltd(601066) Guizhou Zhenhua E-Chem Inc(688707) science and Innovation Board strategic placement collective asset management plan
Advanced lithium battery / GGII
