Tonghe Technology's net profit in 2020 increased by 38.28% Chairman Ma Xiaofeng's salary was 237,600

On March 30, Tonghe Technology (300491) recently released its 2020 annual report, and during the reporting period, the company achieved operating income of 320,586,339.11 yuan, an increase of 15.85% year-on-year; net profit attributable to shareholders of listed companies was 41,497,343.25 yuan, an increase of 38.28% year-on-year.

Net cash flow from operating activities during the reporting period was -5,024,177.72 yuan, and net assets attributable to shareholders of the listed company as of the end of 2020 were 695,089,678.17 yuan.

During the reporting period, despite the adverse impact of the new crown epidemic, the company's management team practiced the mission requirements of "pursuing, creating, and daring to take responsibility", mobilized all positive factors, gave full play to its marketing promotion and technological research and development advantages, and achieved an overall increase in operating income in the three strategic areas of smart grid, new energy vehicles and military equipment. The company achieved a total operating income of 320.5863 million yuan, an increase of 15.85% over the same period of the previous year, and a net profit attributable to the shareholders of the listed company of 41.4973 million yuan, an increase of 38.28% over the same period of the previous year.

Finance expenses for the period were $1,251,892.73, compared to $438,220.59 in the same period last year, an increase of 185.68% year-on-year, mainly due to the increase in short-term borrowings and the corresponding increase in interest on borrowings. Investment income for the period was RMB100,239.91, compared to RMB3,933,555.19 in the same period last year, a decrease year-on-year.

The announcement shows that the remuneration of directors, supervisors and senior management during the reporting period totaled 2.6418 million yuan. Chairman Ma Xiaofeng received a total pre-tax remuneration of 237,600 yuan from the company, director and general manager Dong Shunzhong received a total of 216,800 yuan from the company, director, deputy general manager and secretary of the board of directors Zhu Jialin received a total of 216,400 yuan from the company, and deputy general manager and financial director Liu Qing received a total of 261,800 yuan in pre-tax remuneration from the company.

The announcement discloses that the company's profit distribution plan approved by the board of directors is: based on 160,761,503.00, a cash dividend of 0.25 yuan (including tax) will be distributed to all shareholders for every 10 shares, 0 shares will be sent to bonus shares (including tax), and 0 shares will be increased by every 10 shares to all shareholders with capital reserve.

According to the data of The Shell Network, Tonghe Technology is mainly engaged in the research and development, production, sales and service of power electronics industry products, and after the acquisition of xi'an Huowei Power Supply Co., Ltd., a military power supply manufacturer, it has formed an industrial pattern in the three major business areas of smart grid, new energy vehicles and military equipment.

Source link: http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?bda23a44-d512-443e-80d0-94aaf4e7f2f9

This article originated from the digging shell network