Company code: Kede Numerical Control Co.Ltd(688305) company abbreviation: Kede Numerical Control Co.Ltd(688305) Kede Numerical Control Co.Ltd(688305)
Annual report for 2021
April 2022
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 elaborated various risks and countermeasures that the company may face in the process of operation in this report. Please refer to section III “management discussion and analysis” of this report. 4、 All directors of the company attended the board meeting. 5、 Lixin Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 6、 Yu benhong, the person in charge of the company, Yin Yunzhong, the person in charge of accounting, and Wang Pengyu, the person in charge of the accounting organization (Accounting Supervisor), declare that they guarantee the authenticity, accuracy and completeness 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
As the company is in the development stage of rapid growth of business scale and orders and gradual expansion of production capacity, considering that the net operating cash flow of the company in 2021 is negative, combined with the current capital situation and actual business development needs of the company, according to the provisions of relevant laws and regulations and the articles of association, after careful research and discussion, the company proposes that the company will not distribute cash dividends, bonus shares or increase share capital with capital reserve in 2021, The undistributed profits will be used to promote the sustainable development of the company and meet the needs of the company’s daily production and operation and project investment.
The profit distribution plan can only be implemented after being 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 company’s annual report involves forward-looking statements such as the company’s future plan and development strategy, which does 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 five
Section II Company Profile and main financial indicators eight
Section III Management Discussion and Analysis thirteen
Section IV corporate governance fifty-eight
Section V environment, social responsibility and other corporate governance seventy-one
Section VI important matters seventy-five
Section VII changes in shares and shareholders one hundred and one
Section 8 preferred shares one hundred and nine
Section IX relevant information of corporate bonds one hundred and nine
Section x financial report one hundred and ten
(I) financial statements containing the signatures and seals of the person in charge of the company, the person in charge of accounting and the person in charge of accounting institutions (the person in charge of accounting and the cataloguer of documents for future reference).
(II) the original of the audit report with the seal of the accounting firm and the signature and seal of the certified public accountant.
(III) the text of all company documents and the original version of the announcement publicly disclosed during the reporting period.
Section I interpretation
1、 Interpretation in this report, unless the context otherwise requires, the following words have the following meanings: Interpretation of common words
Kede Numerical Control Co.Ltd(688305) , the company and the company refer to Kede Numerical Control Co.Ltd(688305)
The State Council refers to the State Council of the people’s Republic of China
Ministry of science and technology means the Ministry of science and technology of the people’s Republic of China
CSRC and CSRC refer to the China Securities Regulatory Commission
Shanghai stock exchange refers to Shanghai Stock Exchange
Guangyang technology refers to Dalian Guangyang Technology Group Co., Ltd
SDIC fund refers to SDIC (Shanghai) venture capital fund enterprise for the transformation of scientific and technological achievements (limited partnership)
Dalian yashou refers to Dalian yashou enterprise management consulting partnership (limited partnership)
Dalian Wanzhong Guoqiang refers to Dalian Wanzhong Guoqiang investment partnership (limited partnership)
Nifeng consulting and Dalian nifeng refer to Dalian nifeng consulting management partnership (limited partnership)
Chongqing Hongde refers to Chongqing Hongde Intelligent Control System Co., Ltd., a wholly-owned subsidiary of the company
Chongqing Kede refers to Chongqing Kede Intelligent Control Technology Research Institute Co., Ltd., a holding subsidiary of the company
Shaanxi Kede refers to Shaanxi Kede Numerical Control Co.Ltd(688305) Technology Co., Ltd., a wholly-owned subsidiary of the company
The fourth special project of “high-grade CNC machine tools and basic manufacturing equipment” in the major national science and technology projects. National Science and04 project refers to the technology major project, which is a major strategic product, key common technology and major project completed within a certain time limit through core technology breakthrough and resource integration in order to achieve national goals
Aerospace Science and industry refers to China Aerospace Science and Industry Group Co., Ltd
Aerospace Hi-Tech Holding Group Co.Ltd(000901) refers to China Aerospace Hi-Tech Holding Group Co.Ltd(000901) Group Co., Ltd
Hangfa South refers to China Hangfa South Industry Co., Ltd
Zhuzhou Diamond refers to Zhuzhou Diamond Cutting Tool Co., Ltd
Wuxi turbine refers to Wuxi turbine blade Co., Ltd
Yamazaki Mazak Co., Ltd., headquartered in Japan, is a world-renowned manufacturer of machine tools. The company was founded in 1919 and mainly produces CNC lathes and composite turning and milling centers
DMG Mori Aktiengesellschaft refers to DMG Mori Aktiengesellschaft, which was established by the merger of former German DMG and Japan Mori Seiki
Glauber means Glauber Grob group
Heidenhain refers to Heidenhain Corporation, headquartered in Germany, which mainly develops and produces grating ruler, angle encoder, rotary encoder, digital display device and numerical control system
Siemens AG, headquartered in Germany, is a global leader in electronic and electrical engineering
Company Law refers to the company law of the people’s Republic of China and its amendments
“Securities Law” refers to the securities law of the people’s Republic of China and its amendments
The articles of association refers to the Kede Numerical Control Co.Ltd(688305) articles of association
A shares refer to RMB ordinary shares issued by domestic investors
The reporting period refers to the period from January 1, 2021 to December 31, 2021
Yuan means RMB yuan
The machine for manufacturing machines, also known as work machine or tool machine, is conventionally referred to as machine tool.
Machine tools are generally divided into metal cutting machine tools, forging machine tools and woodworking machine tools according to different processing methods
CNC machine tools refer to computer numerical control machine tools
It is an automatic machine tool equipped with program control system. CNC machine tool solves the processing problems of complex, precise, small batch and multi variety parts. It is a flexible and efficient automatic machine tool. It represents the development direction of modern machine tool control technology and is a typical mechatronics product
Machining center is developed from CNC milling machine. The biggest difference between machining center and NC milling machine is that the machining center has the ability to automatically exchange machining tools. By installing tools for different purposes on the tool magazine, the machining tools on the spindle can be changed through the automatic tool change device in one clamping to realize a variety of machining functions
The machining center with the spindle axis perpendicular to the worktable is mainly suitable for machining sector. The vertical machining center refers to complex parts such as fingers, discs, molds and small shells. The vertical machining center can complete the processes of milling, boring, drilling, tapping and thread cutting
The overall structure of the machining center is a gantry frame gantry machining center finger frame, which is composed of double columns and top beams, with beams in the middle. It is especially suitable for machining large workpieces and workpieces with complex shapes
The machining center with the spindle axis parallel to the worktable is mainly suitable for machining box horizontal machining center refers to body parts. Its spindle is in a horizontal state and usually has a square worktable that can carry out indexing and rotary movement
A machine tool for grinding the surface of a workpiece with a grinding tool. Most grinding machines are grinding centers / grinding machines, which use high-speed rotating grinding wheels for grinding, and a few use oilstone, abrasive belt and other abrasives and free abrasives for grinding
Blade machining center refers to the special machine tool for machining the blades of steam turbine, aerospace engine and so on. It has an irreplaceable core position in the machinery manufacturing industry
Turning milling compound refers to that the machine tool has both turning and milling functions, mainly milling and supplemented by turning
Milling turning compound refers to that the machine tool has both turning and milling functions, mainly turning and supplemented by milling
The abbreviation of digital control system, English name is numerical control numerical control system, which refers to a special computer system that performs some or all numerical control functions according to the control program stored in the computer memory, and is equipped with interface circuit and servo drive device
