Securities code: Sinomach Precision Industry Co.Ltd(002046) securities abbreviation: Sinomach Precision Industry Co.Ltd(002046) Announcement No.: 2022012 Sinomach Precision Industry Co.Ltd(002046) 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. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of common shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable whether to convert accumulation fund into share capital □ yes √ no
The company’s profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 524349078 as the base, distribute cash dividend of 1.02 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 shares (including tax), and do not use the accumulation fund to increase the 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 Sinomach Precision Industry Co.Ltd(002046) stock code Sinomach Precision Industry Co.Ltd(002046)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Zhao Xianggong, Wang Cui
Office address: No. 121, science Avenue, new material industrial park, Zhengzhou
Fax 037186095152037186095152
Tel: 0371676192 Huizhong Instrumentation Co.Ltd(300371) 67619230
E-mail stock@sinomach -pi. com. stock@sinomach -pi. com.
2. Introduction to main business or products during the reporting period
The company’s main business covers R & D and manufacturing, industry services and technical consulting, trade services, etc. in the bearing industry, abrasive tools industry and related fields. From the business category, it can be divided into bearing business segment, abrasive tools business segment, trade and engineering service segment. Among them, the bearing business segment and abrasive business segment are the core business of the company and the main source of profits of the company.
(I) bearing business segment
The main operator of the bearing sector is the axle Research Institute, which was founded in 1958 and is the only comprehensive research and development institution in China’s bearing industry. The main businesses of the bearing sector include the R & D, production and sales of bearings, motorized spindles, special production and testing equipment and instruments for the bearing industry, as well as entrusted technology development, bearing test and testing. The main products of the bearing sector are special bearings represented by aerospace bearings, precision machine tool bearings, large (extra large) bearings for heavy machinery, motorized spindles for machine tools, etc. Special bearings mainly serve China’s national defense and military industry. Precision machine tool bearings and machine tool motorized spindles are mainly used in the machine tool industry and machine tool maintenance market. Large (extra large) bearings for heavy machinery include shield machine bearings and accessories, wind turbine yaw and pitch bearings, metallurgical bearings and engineering machinery bearings. The main profit of the bearing business segment comes from special bearings. In recent years, with the development of China’s national defense and military industry, the company’s special bearing business has increased significantly.
China Zhejiang high speed railway, an associated enterprise with 40% shareholding of the company, was established in 2016. It is jointly established by the company with Guangming railway Holding Co., Ltd., CRRC Equity Investment Co., Ltd. and China mechanical equipment Engineering Co., Ltd. The business scope of China Zhejiang high-speed railway is the development, production and sales of rail transit bearings such as high-speed railway bearings, subway bearings and high-power locomotive bearings. The rail transit bearing business of China Zhejiang high speed railway is in the cultivation stage, and the products are still in the R & D stage.
The subsidiaries and major associates of the bearing business segment are as follows:
(II) abrasive business segment
The company’s abrasive business mainly focuses on the research, production and sales of superhard material products, industry-specific production and testing equipment and instruments, as well as the testing business of abrasive products.
The main operator of abrasive and abrasive tools sector is Sanmo Institute, which was founded in 1958 and is the only comprehensive research and development institution in China’s abrasive and abrasive tools industry. The third grinding Institute now has superhard abrasive tools such as ceramic bond, resin bond, metal bond and electrosectord metal bond, as well as production lines for industry-specific production and testing instruments and equipment. Its main products include v-cbn crankshaft / camshaft grinding wheel, ultra-thin cutting sand wheel and dicing knife for semiconductor packaging, dicing knife for wafer cutting, polycrystalline silicon and monocrystalline silicon grinding wheel, led grinding wheel, grinding wheel for CNC tool grinder, ceramic carrier disc for CMP Diamond grinding fluid, forging six sided top press and other products are mainly used in automobile, chip industry, led, photovoltaic, refrigeration, tools, industry-specific equipment and other industries. As the leader and promoter of China’s superhard material industry, Sanmo Institute has solved many major, common and key technologies restricting the development of the industry since its establishment.
The main products of Xinya company, a 50.05% holding subsidiary of Sanmo, are diamond composite sheets and conical teeth, blank of diamond wire drawing die and composite superhard materials for cutting tools. Diamond composite and conical teeth have high wear resistance, heat resistance and impact resistance. They are mainly used in oil, natural gas and coalfield geological drilling. With excellent product performance, stable product quality and strong R & D strength, Xinya company has become an important supplier of high-end composite superhard materials in China.
The subsidiaries and major associates of the abrasive business segment are as follows:
(III) trade and engineering services
The main operator of the trade and engineering services sector is China machinery cooperation, which was founded in 1981 and has always been an influential abrasive and abrasive tool import and export company in China. In the field of abrasive and abrasive tool import and export, China machinery cooperation has accumulated a wide range of customer and supplier resources and enjoyed a high reputation.
In recent years, in order to expand the development space, China machine cooperation has begun to enter the engineering service business with the help of the original market resources. First, it has become a project contractor, and second, it has organized a source of goods for the items required by the engineering project.
The subsidiaries of trade and engineering services are as follows: 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
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 492567909436473691604236 3.98% 461745271668
Net assets attributable to shareholders of listed companies 288468885613277378334518 4.00% 270448972918
20212020 year-on-year increase or decrease 2019
Operating income 332788963293235512365104 41.30% 208512925809
Net profit attributable to shareholders of listed companies 127382239136227316347 104.55% 27511131457
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 34980148531347764853 159.54% – 3303623464
Net cash flow from operating activities 1850371777238080843262 – 51.41% 7022627871
Basic earnings per share (yuan / share) 0.2429 0.1188104.46% 0.0525
Diluted earnings per share (yuan / share) 0.2429 0.1188104.46% 0.0525
Weighted average return on net assets 4.50%, 2.28%, 2.22%, 1.03%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 68882533803979034286718516657479880836426021
Net profit attributable to shareholders of listed companies 46 Acrobiosystems Co.Ltd(301080) 8779884593554795074231 – 4675417760
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 422304046367199537482424900154 -9869879512
Net cash flow from operating activities -1247696379312191485602 -36196321019151159173
Whether the above financial indicators or the sum of them are significantly different from the relevant financial indicators in the quarterly report and semi annual report disclosed by the company □ yes √ No 4. Share capital and shareholders (1) number of ordinary shareholders and preferred shareholders whose voting rights have been restored and the shareholding of the top 10 shareholders
Unit: shares
The disclosure date of the annual report is before the disclosure date of the annual report of voting rights at the end of the reporting period
At the end of the reporting period, 0 preferred shares recovered from common 36958 at the end of the month before common 41343, 0 total shareholders with voting rights recovered at the end of the month, total shareholders with total preferred shares recovered
number
Shareholding of top 10 shareholders
Shareholder name shareholder nature shareholding proportion shareholding quantity number of shares with limited sales conditions pledge, marking or freezing
