Chairman’s speech
Dear shareholders and all friends who care about Loctek Ergonomic Technology Corp(300729) :
Loctek Ergonomic Technology Corp(300729) was founded in 2002. The company’s main business focuses on healthy smart office and smart home products with linear drive as the core. It has always been committed to innovating daily life and office methods with ergonomic concepts, and providing users, especially sedentary office people and desk people, with more healthy, comfortable, safe and efficient overall solutions for healthy office through product intelligent innovation and creative combination, At the same time, with the rapid development of the intelligent era, music and song combines “smart home” and “healthy office”, relying on ergonomics, equipped with cutting-edge technology and top product design, transmits the concept of healthy life for millions of users and families, and provides more complete and reliable products and services for users who pay more attention to healthy life and pursue quality life. After years of efforts, the company has a relatively stable market share in the ergonomic linear driven health consumer products market, and is in a pioneering and leading position in the Chinese industry.
In 2021, the haze of the epidemic is still shrouded, and we are facing many challenges, such as continuously high sea freight, generally rising raw material prices, and rising RMB exchange rate… But musicians are working hard and persevering. We actively participate in China’s international double cycle, take the initiative to meet difficulties, forge ahead in struggle and make breakthroughs in innovation. We are firmly committed to being an enterprise of the times needed by the society!
Loctek Ergonomic Technology Corp(300729) adhere to social responsibility, take the long-term development of the enterprise as the foundation, focus on the mission of “customer satisfaction and user satisfaction”, strengthen business development and innovation, and deepen the cooperative relationship with customers and supplier partners. Enterprises have never existed alone. How to better create value for customers and users is our mission. Only by truly serving customers and users can enterprises have a future.
In 2021, under the adverse effects of epidemic fluctuations, limited maritime exports and sluggish domestic consumption, the company achieved a revenue of 2.871 billion, with a year-on-year increase of 47.95%, indicating that the company’s main business capacity was further steadily improved and the operation scale and quality were further consolidated. In exploring the path of high-quality development, Yuege adheres to the innovation drive, establishes the smart great health research institute, pays equal attention to both applied research and basic research, has invested 132 million yuan in R & D throughout the year, and has achieved a number of research results of linear drive technology. Combined with the changing trend of population structure in the future and the development advantages of Ningbo’s foreign trade, lese is firmly on the road to the sea based on advanced manufacturing brands.
All are born out of thin air. In 2021, Loctek Ergonomic Technology Corp(300729) successively won many high-level honors such as “national industrial design center”, “national service-oriented manufacturing demonstration enterprise”, “national green factory” and so on. Following the video link between the 127th Canton Fair and the prime minister, Premier Li Keqiang personally visited the music and song headquarters on May 24, 2021 to reaffirm the outstanding contribution made by the music and song company: music and song shows a new driving force and new business form of development. Overseas warehouses help small, medium-sized and micro enterprises send their products to European developed countries, and encourage music and song to continue to convey a happy, upward, creative and singing spirit to the society!
We constantly think about the social attributes of enterprises and strive to give more social value to products and services. Focusing on the current social concerns and the needs of the general public, music and song actively expand the innovative application of linear driven core technologies in the fields of healthy office, smart home and healthy care for the elderly, so as to provide music and song solutions for realizing national health and quality of life. By integrating the resources of the first and last journey and improving the bargaining power between maritime transportation and the destination country, lege public overseas warehouse has served 258 customers and realized the brand going to sea.
In 2021, we actively responded to the call for common prosperity, implemented equity incentive again, improved employee welfare, and let employees share the dividends of enterprise development. “A bamboo table is responsible for the revitalization of the countryside carrying music and songs”. We have increased the procurement of bamboo products in remote mountainous areas, used more green and renewable resources, reduced emissions and contributed to the cause of green environmental protection. Lege purchased more than 1.1 billion yuan in the whole year, and driven the sustainable development of upstream and downstream enterprises in the industrial chain with the cooperation concept of “growth and win-win”.
In 2021, the music and song withstood many tests and handed over a shining report card. Looking forward to the future, we clearly see the grand blueprint of music and song and the path of high-quality development. Let’s continue to maintain the spirit of innovation and hard work. In particular, leading cadres should maintain the style of “walking ten thousand steps a day and bending themselves into the bureau”, adhere to the bottom line thinking, strengthen the demonstration of plans, make joint efforts for lese to become a leader in the linear drive industry, contribute to the healthy China 2030 strategy, and provide help for the brands of small and medium-sized foreign trade enterprises to go to sea. This is the mission of music and song given by the times. In the process of practicing high-quality development, we should truly become an era enterprise needed by the society!
About this report
Introduction to the report
This is the second annual report of the company. The report describes the specific activities of the company to actively fulfill social responsibilities while achieving sustainable development in 2021, and introduces in detail the company’s work in corporate culture, employee rights and interests protection, environmental protection and sustainable development, public relations and social public welfare undertakings.
This report was deliberated and adopted at the 39th meeting of the Fourth Board of directors held on April 11, 2022. time frame
January 1, 2021 to December 31, 2021
Preparation basis
This report is prepared in accordance with the national standard guidelines for the preparation of social responsibility reports (GB / t36 Dongrui Food Group Co.Ltd(001201) 5), guidelines for the preparation of Chinese corporate social responsibility reports (cass-csr4.0), guidelines for the social responsibility of listed companies, guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange (Revised in 2020), and in combination with the actual situation of the company. Scope of report
Unless otherwise specified, this report describes the work carried out by the company and its subsidiaries in economic, social, environmental and corporate governance during the period from January 1, 2021 to December 31, 2021. data sources
The operation data in this report comes from the audited annual report of the company, and other data comes from the company’s internal documents or information statistics system. Report acquisition
This report is published on the information disclosure website designated by the CSRC（ http://www.cn.info.com.cn. ）, Loctek Ergonomic Technology Corp(300729) website（ http://www.loctek.com./ ）Electronic documents can be downloaded. contact information
Contact Department: Loctek Ergonomic Technology Corp(300729) Secretary Office
Contact address: Jindong building, No. 536, bachelor Road, Shounan street, Yinzhou District, Ningbo
Tel.: 057455007473
Contact Fax: 057488070232
Email: [email protected].
catalogue
Chairman’s speech 2 about this report Chapter I Company Profile 6 I. Company Profile 7 II. Enterprise development process 9 III. corporate culture and Philosophy 9 IV. product introduction 10 v. deeds in 202114 VI. awards and honors 15 VII. Business analysis in 2021 Chapter II corporate governance 17 I. continuously improve corporate governance and promote standardized operation 18 II. Standardize information disclosure and protect the interests of investors 19 III. reasonably distribute profits and actively repay shareholders 19 IV. pay attention to the construction of integrity and safeguard the legitimate rights and interests of creditors Chapter III Protection of employees’ rights and interests Chapter IV Protection of the rights and interests of suppliers and consumers 29 I. protect the rights and interests of suppliers II. Strengthen honest management and resolutely put an end to commercial bribery…………………………… 31
3、 Focus on customers and actively protect the rights and interests of customers and consumers 32 IV. intellectual property protection Chapter V environmental protection and sustainable development Chapter VI public relations and social public welfare undertakings 39 I. operate in good faith and actively pay taxes according to law 40 II. Create employment opportunities and assume social responsibility 40 III. support social public welfare 41 IV. actively contribute to common prosperity…………………………………… 4 6
Chapter VII prospect of social responsibility work forty-seven
1、 Company profile
Loctek Ergonomic Technology Corp(300729) was established in 2002 and listed on the Shenzhen Stock Exchange gem on December 1, 2017. It is the first share of ergonomic health industry and the first share of cross-border e-commerce listed in the form of IPO (stock abbreviation: Loctek Ergonomic Technology Corp(300729) ; Stock Code: Loctek Ergonomic Technology Corp(300729) ).
The company’s main business is the R & D, production and sales of health and smart office / smart home products with the linear drive of machine, electricity and software integration as the core. The main products include: linear drive smart office lifting table, smart lifting workstation, smart screen, smart lifting children’s learning table, smart fitness chair, electric lifting coffee table, smart electric bed and other health and smart office and smart home products.
Lege has always adhered to the corporate vision of “using science and technology and innovation to become an era enterprise needed by the society”, developed healthy office equipment for the existing workplace health problems, focused on white-collar workplace health management based on ergonomic principles, and is committed to providing a healthy and efficient office environment for the majority of Chinese workers. At the same time, with the rapid development of the intelligent era, music and song combines “smart home” and “healthy office”, relying on ergonomics, equipped with cutting-edge technology and top product design, transmits the concept of healthy life for millions of users and families, and provides more complete and reliable products and services for users who pay more attention to healthy life and pursue quality life.
The company has invested a lot of resources in brand building, R & D and design and quality improvement, so as to improve the quality of products and services and meet the diversified and personalized needs of consumers. Based on the three product application scenarios of healthy office, smart home and kangyangshi old, the company is also constantly launching innovative applications of linear driven core technologies, adhering to user-centered, and using music and song solutions to effectively solve users’ blocking points and pain points, so as to improve people’s quality of life.
The company and its wholly-owned subsidiary Zhejiang lege Intelligent Drive Technology Co., Ltd. are national high-tech enterprises. It has established 4 production bases and 35 subsidiaries in Ningbo, Guangxi and Vietnam, with more than 3000 employees worldwide, mainly distributed in China, the United States, Vietnam, the Philippines and other places. At present, the company has more than 700 R & D personnel, focusing on the R & D of mechatronics, embedded software and hardware, Internet of things, 5g technology application, high-speed low-noise linear drive and other fields. It has been recognized as a national CNAs laboratory, a provincial postdoctoral workstation, a provincial high-tech enterprise R & D center, a provincial enterprise research institute and a provincial enterprise technology center. In 2021, the company’s R & D center was recognized as the key enterprise Research Institute of Zhejiang Province (in the field of life and health), the product management center was recognized as the national industrial design center, and the smart great health research institute was established. It insisted on paying equal attention to applied research and basic research. The annual R & D cost increased by 53.40% year-on-year, and achieved a number of research results of linear driving technology.
The company’s key technologies come from independent research and development. As of December 31, 2021, the company has 1129 valid patented technologies, including 79 authorized invention patents. It is a national intellectual property advantage enterprise. Various technologies break the monopoly of overseas technologies and play an exemplary role in the localization of key technologies. The development of the company is in line with the market demand in the industrial field of “great health” and the national strategy of “healthy China 2030”.
Lege is a company with linear drive as the core technology, which is applied to healthy office, smart office and smart home. It is committed to providing global sedentary users and desk people with overall solutions for healthy office and smart office. It is a listed company on GEM. Strategic dimension: the future of linear driven healthy office smart home cross-border e-commerce music is: digital music
2、 Company development process III. company culture and concept
4、 Product introduction
The company’s main business focuses on healthy smart office and smart home products with linear drive as the core, and has always been committed to
Yu innovates the way of daily life and office with the concept of ergonomics, and expands through the combination of intelligent innovation and creativity of products
Large users, especially sedentary office people and desk people, provide more healthy, comfortable, safe and efficient health services
With the overall office solution and the rapid development of the intelligent era, music and song will “smart home” and “health”
Combined with “office”, relying on ergonomics, equipped with cutting-edge technology and top product design, it provides services for tens of millions of users and consumers
The family conveys the concept of healthy life and provides more complete services for users who pay more attention to healthy life and pursue quality life
Reliable products and services.
Different from the traditional living and office furniture, the company’s R & D and design closely focus on the ergonomic concept and make use of linearity
The mechanical, electrical and software integration of the driving system, combined with the Internet of things and sensing technology, builds a smart office scene and
For various applications in smart home scenarios, the company’s main products are ergonomic workstation series products. Ergonomics
Workstation series products mainly include linear driven intelligent office lifting table, intelligent lifting workstation, intelligent screen and intelligent
Smart lift children’s learning desk, intelligent fitness chair, electric lift coffee table, intelligent electric bed and other healthy smart office and smart
Can be used for household products. Examples of the company’s main products are as follows:
Product name product picture function introduction
rise
drop
stand
column
