On April 21, Jingwei Textile Machinery (000666) recently released its 2020 annual report, and the company achieved operating income of 4,563,912,718.55 yuan during the reporting period, down 2.62% year-on-year; the net profit attributable to shareholders of listed companies was 410,478,764.48 yuan, down 16.29% year-on-year.
Net cash flow from operating activities during the reporting period was RMB887,239,974.76 and net assets attributable to shareholders of the listed company as of the end of 2020 were RMB9,154,440,274.04.
During the reporting period, under the background of regulatory guidance and transformation and development, the total scale of trust assets of Zhongrong Trust in 2020 was 717.630 billion yuan, a decrease of 6.24% compared with 765.452 billion yuan at the beginning of the year. In 2020, Zhongrong Trust achieved a total operating income of 5.311 billion yuan, an increase of 2.67% year-on-year; a total profit of 1.707 billion yuan, a year-on-year decrease of 22.69%; a net profit of 1.373 billion yuan, a year-on-year decrease of 21.42%; and a net capital adequacy ratio continued to meet the standard.
In terms of business development, Zhongrong Trust takes serving the real economy as the starting point, actively responds to regulatory orientation, actively and orderly reduces the scale of interbank channels and financing business in accordance with the strategic development layout, vigorously promotes the development of transformation and innovation business, and develops rapidly in standardized securities investment, consumer finance, asset securitization, urban stock property renewal, family trust business, and public welfare trust. Among them, the scale of family trusts exceeded the 10 billion mark for the first time, an increase of more than 130% over the beginning of the year. Actively practice the concept of industrial poverty alleviation and targeted poverty alleviation, cumulatively promote the establishment of a number of charitable trust projects, and have the courage to study, poverty alleviation and medical assistance and other charitable purposes. The scale of wealth direct sales has reached a new high, and while the number of customers continues to grow, the level and ability of wealth management are improving.
In terms of risk management and control, in line with changes in the market supervision environment, we will continue to improve internal system processes, cooperate with the strategic adjustment of business transformation, and improve the comprehensive level of professional risk management of the company; in terms of compliance management, comprehensively improve the requirements of compliance exhibition, strictly carry out business compliance management, strengthen project compliance review requirements, and do a good job in compliance education and investor education. In terms of post-investment and loan management, we will continuously improve the professional level and service capabilities of the middle and back office, adhere to the refined daily monitoring and expiration control, improve the statistical analysis system of operation data, and cooperate with the optimization and adjustment of the business structure; in terms of product issuance, through the establishment of a wealth management information platform, we provide customers with diversified, customized and characteristic services, and Zhongrong Wealth APP, video double recording, electronic signing and other systems continue to improve customer investment experience. In addition, in terms of basic management such as corporate governance, human resources, brand promotion, innovation and research and development, information systems, and social welfare, Zhongrong Trust has also carried out fruitful work, providing a guarantee for long-term and steady development.
According to the announcement, the total remuneration of directors, supervisors and senior management during the reporting period was 10.1405 million yuan. Wu Xudong, chairman of the board of directors and secretary of the party committee, received a total of 1,074,100 yuan in pre-tax remuneration from the company, Mao Faqing, director and general manager, received a total of 1,034,900 yuan in pre-tax remuneration from the company, and Ye Xuehua, deputy general manager and secretary of the board of directors, received a total of 1,001,900 yuan from the company.
According to the data of the digging shell network, the main business engaged in by Jingwei Textile Machinery is textile machinery business and financial business.
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This article originated from the digging shell network
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