Company code: Road Environment Technology Co.Ltd(688156) company abbreviation: Road Environment Technology Co.Ltd(688156) 2021 annual report Road Environment Technology Co.Ltd(688156)
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 the possible risks in detail in this report. Please refer to “IV. risk factors” in “section III Management Discussion and analysis” of this report. 4、 All directors of the company attended the board meeting. 5、 The standard audit report issued by the general accounting firm of the partnership has no reservation. 6、 The person in charge of the company Ji Guangming, the person in charge of accounting Hu Weiting and the person in charge of accounting organization (Accounting Supervisor) Qin Xueren 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
After deliberation at the 21st Meeting of the third board of directors, the company’s profit distribution plan for 2021 is as follows: it is proposed to distribute cash dividends of RMB 3.00 (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 91840000 shares. Based on this calculation, the total cash dividend to be distributed is 2755200000 yuan (including tax). The proportion of cash dividends of the company this year was 36.47%. No bonus shares will be given this year, and no provident fund will be converted into share capital. If the total share capital of the company changes from the date of disclosure of this announcement to the date of equity distribution and equity registration due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, the company plans to maintain the distribution amount per share unchanged and adjust the total distribution accordingly.
The above profit distribution plan has been clearly agreed by the independent directors and needs to 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 development strategy, future plan and other forward-looking descriptions involved in this report do not constitute the company’s substantive commitment to investors. Please pay attention to investment risks.
10、 Whether there is any non operational occupation of funds by the controlling shareholders and their related parties no Xi. Whether there is any external guarantee in violation of the specified decision-making procedures no XII. Whether more than half of the directors cannot guarantee the authenticity, accuracy and completeness of the annual report disclosed by the company no XIII. 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 69 section VI important matters 75 Section VII changes in shares and shareholders 101 Section VIII preferred shares 112 section IX relevant information of corporate bonds Section x financial report one hundred and thirteen
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 text of all company documents and the original announcement 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 have the following meanings: Interpretation of common words
The company, the company and Road Environment Technology Co.Ltd(688156) refer to Road Environment Technology Co.Ltd(688156)
Shaoxing Luther refers to Shaoxing Luther Environmental Protection Technology Co., Ltd., a holding subsidiary of the company
Gulin Luther refers to Lude biological environmental protection technology (Gulin) Co., Ltd., a holding subsidiary of the company, formerly known as Sichuan lumao Environmental Protection Technology Co., Ltd
Renhuai Lutheran refers to Guizhou Renhuai Lutheran bio Environmental Protection Technology Co., Ltd., a holding subsidiary of the company
Three Gorges Luther refers to Wuhan Three Gorges Luther environmental protection Co., Ltd., a holding subsidiary of the company
Luther Shangyuan refers to Wuhan Luther Shangyuan Water Treatment Technology Co., Ltd., which was changed to Xinneng Hengyun Environmental Protection Technology Co., Ltd
Lude Biology (Wuhan) refers to Lude biological environmental protection technology (Wuhan) Co., Ltd., Lude Shangyuan holding subsidiary and the company holding grandson
Jinsha Luther refers to Lude bio environmental protection technology (Jinsha) Co., Ltd., a wholly-owned subsidiary of the company
It is proposed to establish Luther bio environmental protection technology (Huichuan) Co., Ltd. (tentative name, Huichuan Luther refers to the name approved by the local administrative department for Industry and Commerce), a wholly-owned subsidiary of the company
Wuhan Detian Zhongxiang enterprise management partnership (limited partnership), the company shares Detian Zhongxiang Zhidong, an employee stock ownership platform, formerly known as Wuhan Nanhu venture capital partnership (limited partnership)
Zhenghan investment refers to Hubei Zhenghan Investment Co., Ltd., the shareholder of the company, formerly known as Hubei Jinpai Investment Co., Ltd
Linsheng construction refers to Zhejiang Linsheng Construction Development Co., Ltd., the shareholder of Shaoxing Luther
Equity incentive plan refers to the second type of restricted stock incentive plan of the company in 2020
Incentive restricted stocks and class II restricted stocks that meet the granting conditions of the company’s 2020 restricted stock incentive plan refer to the shares of the company obtained and registered by the object after meeting the corresponding attribution conditions
Wastes with high moisture content, which are between liquid and solid, usually have a certain fluidity, and have the characteristics of difficult natural dehydration, large storage area, easy pollution diffusion and high treatment requirements, including river and lake sludge, engineering mud, municipal high moisture content waste municipal sludge, organic sludge, industrial sludge, etc., involving water environment treatment City construction, food and beverage, biological medicine, petrochemical and metallurgical industries, and so on, our company’s business areas mainly include river and lake sludge, engineering mud and Baijiu fermented feed.
It is usually a mixture of clay, sediment, organic matter and various minerals, which is deposited at the bottom of rivers, lakes, reservoirs and other water bodies in still water or slow water through the physical, chemical and biological effects of rivers and lakes
Engineering mud refers to the mud water mixed waste generated in the construction of housing construction, subway tunnel, highway bridge and other projects
Municipal Sludge refers to the residual sludge generated during the operation and maintenance of sewage treatment plant and pipe ditch drainage facilities
Sludge of drainage pipeline: sediments in the pipeline, including domestic sewage and industrial ditch sludge, refer to the particles and impurities of waste water entering the pipeline transportation system, as well as road dust, garbage and mud discharged from some construction sites
Organic residue refers to the industrial production of food and beverage, biomedicine and other industries
By products produced by microbial fermentation, such as lees, sauce lees, vinegar residue, sugar residue, fruit residue, traditional Chinese medicine residue, cassava residue, etc
Distiller’s grains refer to the feedable by-products produced by fermentation of rice, wheat, sorghum and other grains in the process of brewing, which belongs to one of the organic distiller’s grains
In the industrial production of petroleum, chemical industry, metallurgy, electric power and other industries, industrial sludge refers to the waste generated, such as oil sludge from oil exploitation, alkali slag from salt chemical industry, red mud from alumina, copper tail slag from copper smelting, desulfurization gypsum from thermal power plants, etc
Organic waste generated in residents’ daily life, food processing, catering services, unit feeding and other activities, including discarded vegetable leaves, leftovers, leftover finger food, peel, eggshell, tea residue, bone, etc., mainly comes from family kitchens, restaurants, restaurants, canteens Market and other industries related to food processing
The core technology system independently developed by the company includes 9 invention patents, 55 utility model patents and a number of non patented proprietary technologies in terms of process, equipment, materials, residual water treatment and resource utilization.
Through slurry separation, concentration, sedimentation, conditioning and conditioning of high water content wastes such as river and lake sludge, engineering mud and municipal sludge, these technologies can realize the integration of mechanical dehydration and mud dehydration and consolidation simultaneously and quickly. The technical system refers to chemical solidification, and the residual water can be discharged up to standard, so as to achieve quantitative reduction, harmless The goal of stabilization, and finally realize the resource utilization. The technologies, processes, equipment systems, materials and research applications under the technical system have successively obtained the appraisal of scientific and technological achievements and “national key new products” from the Department of science and technology of Hubei Province
