[年报]本钢板Ｂ(200761):2021年年度报告（英文版）
原标题:本钢板Ｂ:2021年年度报告（英文版） Bengang Steel Plates Co., Ltd. Annual Report 2021 March, 2022 Ⅰ. Important Notice, Table of Contents, and Definitions The Board of Directors, the Supervisory Committee and the Directors, members of the Supervisory Committee and senior management of the Company guarantee that there are no misrepresentations or misleading statements, or material omission in this report, and individually and collectively accept full responsibility for the authenticity, accuracy and integrity of the information contained in this report. Huo Gang, Legal representative, Wang Donghui, Chief financial officer, and Li Xiaowei, Chief accountant, (the person in charge of the accounting), make the pledge for the authenticity, accuracy and integrity of the attached financial statements. All the members of the Board of Directors attended the board meeting on which this report was examined. The prospective statements contained in this annual report do not constitute any substantial commitment to the investors. Investors should pay attention to the risks attached to investment decisions. This report is prepared in both of Chinese and English. The Chinese version shall prevail when there are any controversial statements in the two versions. The company has described the existing risks and countermeasures in detail in this report. Please refer to Section 3-11 “Prospects for the Future Development of the Company”. “China Securities Journal”, “Securities Times”, “Hong Kong Commercial Daily” and Juchao Information Network (www.cninfo.com.cn) are the company's selected information disclosure media. All information of the company is based on the information published in the above-mentioned designated media. Investors are advised to pay attention to investment risks. The company’s profit distribution plan is approved by the board of directors. Taking 4,108,191,379 shares as the base, a cash dividend of 6.0 yuan (tax included) will be distributed to all shareholders for every 10 shares, and stock dividend is 0 (tax included). The capital reserve will not be converted into share capital. Table of Contents Ⅰ. IMPORTANT NOTICE, TABLE OF CONTENTS, AND DEFINITIONS ................................ .... 2 II. COMPANY PROFILE AND MAIN FINANCIAL INDEX ................................ ........................... 6 III. MANAGEMENT DISCUSSION AND ANALYSIS ................................ ................................ ..... 9 Ⅳ. CORPORATE GOVERNANCE ................................ ................................ ................................ .. 29 V. ENVIRONMENTAL AND SOCIAL RESPONSIBILITY ................................ .......................... 49 VI. IMPORTANT EVENTS ................................ ................................ ................................ ................ 53 Ⅶ. STATUS OF SHARE CAPITAL CHANGES AND SHAREHOLDERS ................................ 85 Ⅷ. STATUS OF PREFERRED SHARES ................................ ................................ ...................... 91 Ⅸ. STATUS OF CONVERTIBLE CORPORATE BONDS ................................ ............................ 92 Ⅹ. FINANCIAL REPORT ................................ ................................ ................................ ................... 95 Reference File Directory 1. Financial statements signed and sealed by Legal representative, Chief financial officer, Chief accountant, (the person in charge of the accounting. 2. The original audit report with the seal of the accounting firm and the signature and seal of the certified public accountant. 3. The originals of all company documents and announcements publicly disclosed during the reporting period. 4. Annual reports published in other securities markets. Definition Terms to be defined Refers to Definition Bengang Bancai, Bengang Steel, the Company, the Listed Company Refers to Bengang Steel Plates Co., Ltd. Ansteel Group Refers to Ansteel Group Co., Ltd. Bengang Group Refers to Bengang Group Co., Ltd. Benxi Steel & Iron CO., Bengang Co. Refers to Benxi Steel & Iron (Group) Co., Ltd. Liaoning Provincial State-asset Administration Refers to Liaoning State-owned Asset Supervisory and Management Committee SSE Refers to Shenzhen Stock Exchange Bengang Puxiang Refers to Bengang Puxiang Cool Rolling Steel Sheet Co., Ltd. II. Company Profile and Main Financial Index I. Company Information Stock abbreviation Bengang Bancai, Bengangban B Stock Code 000761, 200761 Stock exchange for listing Shenzhen Stock Exchange Company name in Chinese 本钢板材股份有限公司 Abbreviation of Company name in Chinese 本钢板材 Company name in English (If any) BENGANG STEEL PLATES CO., LTD. Abbreviation of Company name in English (If any) BSP Legal representative Huo Gang Registration Address No.16, Renmin Road, Pingshan District, Benxi City, Liaoning Province Post Code of registration Address 117000 Changes in the company's registered address history None Office address No.16, Renmin Road, Pingshan District, Benxi City, Liaoning Province Post Code of office address 117000 Web Address None [email protected] II. Contact Information Secretary of Board of Directors Representative of Securities Affairs Name Gao Desheng Chen Liwen Address No.16, Renmin Road, Pingshan District, Benxi City, Liaoning Province No.16, Renmin Road, Pingshan District, Benxi City, Liaoning Province Tel 024-47827003 024-47828980 Fax 024-47827004 024-47827004 [email protected] [email protected] III. Information Disclosure and Place for Consulting Press media for information disclosure China Securities Journal, Securities Times, Hong Kong Commercial Daily Web address for the annual report as assigned by CSRC http://www.cninfo.com.cn Place for inquiry of the annual report Secretary Office of the Board, Bengang Steel Plate Co., Ltd. IV. Change of Business Registration Organization Code 91210000242690243E Changes of principal business activities since listing (if any) No change Changes of the controlling shareholder in the past (if any) On August 20, 2021, the State-owned Assets Supervision and Administration Commission of the Liaoning Provincial People's Government which is the former actual controller of the company, signed the “Free Transfer Agreement on the State- owned Equity of Bengang Group Co., Ltd.” with Ansteel Group Co., Ltd. Liaoning State-owned Assets Supervision and Administration Commission transfered its 51% stake of Bengang Group Co., Ltd. to Ansteel Group for free. On October 12, 2021, the industrial and commercial registration of change was completed, and Ansteel Group Co., Ltd. became the indirect controlling shareholder of the company. The direct controlling shareholder of the company remains unchanged, which is still Benxi Iron and Steel (Group) Co., Ltd. V. Other Information Accountants’ firm engaged by the Company: Name of the accountants’ firm BDO China Shu Lun Pan Certified Public Accountants LLP Address of the accountants’ firm Address: 4/F 61 Nanjing Rd. East, Huangpu, Shanghai Signing name of accountants Li Yongjiang, Li Guiying Sponsor engaged by the Company to conduct sustained supervision during the reporting period √ Applicable □ Not applicable Name of the sponsor institution Address of the sponsor institution Name of the sponsor representative Sustained supervision period Guotai Junan Securities Co., Ltd. No. 768, Nanjing West Road, Jingan District, Shanghai Yuan Yechen, Yang Keyi August 5th, 2020 to December 31st, 2021 Financial consultancy institution engaged by the Company to conduct sustained supervision during the reporting period □ Applicable √ Not applicable VI. Main Accounting Data and Financial Index Whether the company needs to retrospectively adjust or restate accounting data for previous years □ Yes √ No 2021 2020 Changes over last year 2019 Operating income（ RMB） 77,912,144,981.46 48,684,792,685.58 60.03% 52,741,353,582.28 Net profit attributable to the shareholders of the listed company（ RMB） 2,500,582,902.58 384,252,740.78 550.77% 555,646,971.40 Net profit after deducting of non-recurring gain/loss attributable to the shareholders of listed company（ RMB） 2,517,758,656.14 381,469,784.99 560.02% 549,528,817.13 Net Cash flow generated by business operation（ RMB） 413,473,454.04 -2,039,000,213.29 120.28% 6,977,824,041.16 Basic earnings per share (RMB/Share) 0.60 0.10 500.00% 0.143 Diluted earnings per share (RMB/Share) 0.50 0.10 400.00% 0.143 Weighted average net assets yield 11.88% 1.90% 9.98% 2.88% 2021 2020 Changes over last year 2019 Gross assets（ RMB） 55,147,123,275.30 65,007,470,749.20 -15.17% 60,731,425,193.90 Net assets attributable to shareholders of the listed company（ RMB） 22,500,969,014.30 21,018,296,389.10 7.05% 19,487,665,261.17 The lower of the company’s net profit before and after deduction of non-recurring gains and losses in the most recent three fiscal years is negative, and the audit report of the most recent year shows that the company’s ability to continue operations is uncertain □ Yes √ No The lower of the net profit before and after deducting non-recurring gains and losses is negative □ Yes √ No VII. Differences between Domestic and Foreign Accounting Standards 1. Differences of net profit and net assets disclosed in financial reports prepared under IFRS and Chinese accounting standards. □ Applicable √ Not applicable There are no differences of net profit and net assets disclosed in financial reports prepared under IFRS and Chinese accounting standards during the reporting period. 2. Differences of net profit and net assets disclosed in financial reports prepared under overseas and Chinese accounting standards. □ Applicable √ Not applicable There are no differences of net profit and net assets disclosed in financial reports prepared under overseas and Chinese accounting standards during the reporting period. VIII. Main Financial Index by Quarters Unit: Yuan First quarter Second quarter Third quarter Fourth quarter Operation income 15,252,265,770.99 23,335,862,441.15 22,839,272,300.53 16,484,744,468.79 Net profit attributable to the shareholders of the listed company 686,599,759.65 1,522,198,408.26 1,568,670,728.28 -1,276,885,993.61 Net profit after deducting non-recurring gain/loss attributable to the shareholders of listed company 678,208,256.33 1,520,934,306.97 1,564,674,812.54 -1,246,058,719.70 Net cash flows generated by operating activities -966,470,265.23 2,491,386,485.26 18,904,467.35 -1,130,347,233.34 Whether significant variances exist between the above financial index or the index with its sum and the financial index of the quarterly report as well as semi-annual report index disclosed by the Company □ Yes √ No IX. Items and Amount of Non-recurring Profits and Losses √ Applicable □ Not applicable Unit: Yuan Item 2021 2020 2019 Notes Gains and losses on disposal of non-current assets (including the write off part of the -60,100,706.71 -92,695,525.95 -77,292,030.26 provision for impairment) Government subsidy attributable to profit and loss of current period (except such government subsidy closely related to the company's normal business operation, meeting the regulation of national policy and enjoyed constantly in certain quota or quantity according to a certain standard) 66,345,976.64 81,193,591.56 83,914,522.47 Profit or loss from investment or assets entrusted to others 2,436,869.33 0.00 605,795.19 Gains and losses of debt restructuring 32,800.02 50,640.00 Profits excluded effective hedging business related to the company's normal business operations, from holding transactional financial assets, derivative financial assets, transactional financial liabilities, fair value changes in derivative financial liabilities, and disposal of transactional financial assets and derivative financial assets, financial liabilities held for trading, derivative financial liabilities and other debt investments -37,205,991.34 13,500,000.00 Other non-operating income and expenses other than above 5,176,371.41 1,592,660.62 779,757.58 Other profit and loss items that meet the definition of non-recurring gains and losses 2,084.65 Less: impact of income tax -5,969,319.73 786,094.20 1,818,703.48 impact of minority equity (after tax) -202,407.38 54,476.26 123,911.88 Total -17,175,753.56 2,782,955.79 6,118,154.27 -- Other profit and loss items that meet the definition of non-recurring profit and loss: □ Applicable√ Not applicable There exists no situation of other profit and loss items that meet the definition of non-recurring profit and loss. Explanation on defining the non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure of Companies Offering Securities to the Public - Non-recurring Profit and Loss" as recurring profit and loss items. □ Applicable√ Not applicable The company does not define the non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure of Companies Offering Securities to the Public - Non-recurring Profit and Loss" as recurring profit and loss items. III. Management Discussion and Analysis I. Industry situation of the company during the reporting period The industry to which the company belongs is the steel industry. The steel industry is a significant basic industry of country's national economy, a significant support for building a modern and powerful country, and a significant field for realizing green and low-carbon development. The national economy continued recovery in 2021, and provided a good environment for the development of the steel industry. With the continuous improvement of the new development pattern of "dual circulation" at domestic and abroad, the supply-side reform and demand-side management have formed a higher level of dynamic balance. The steel industry actively responds to changes in domestic and foreign demand situations, strives to overcome the impact of Various factors, such as a high price of raw materials and fuels, and a sharp rise in environmental protection costs. The industry is generally operating well and in line with policy guidance and market expectations. In the first half of the year, the steel industry worked hard to meet the strong demand for steel market brought about by the rapid growth of downstream industries, fully released production capacity, and formed a booming situation in both of production and sales. In the second half of the year, with the implementation of production restriction measures and the slowdown in demand growth in downstream industries, the steel industry timely controlled production capacity. Throughout the year, country's steel supply and demand were basically balanced and making outstanding contributions to meeting the steel demand of downstream industries and ensuring the sustained recovery of the national economy. The year 2022 is a crucial year for the country to implement the "14th Five-Year Plan", and it is also a crucial year for the steel industry to achieve high-quality development. From the perspective of the overall external environment, at the end of 2021, the shock wave of the new coronavirus variant strain Omicron swept the world, adding more variables to the world economic situation. Under the background of the national "dual carbon" goal, the steel industry has entered a critical period of high-quality development. Green and low-carbon, intelligent manufacturing, etc. have brought more severe challenges and disruptive changes, and market uncertainty has further increased. At the same time, China's economy has a solid foundation and strong resilience, and will remain a long-term improvement fundamental in the future. The National Development and Reform Commission and the Ministry of Industry and Information Technology issued the "Implementation Plan on Reinvigorating the Operation of the Industrial Economy and Promoting the High-quality Development of the Industry", which proposed policies and measures such as "vigorously increasing the effective supply of the bulk raw material market", "tapping the demand potential and expanding the market space of the industrial economy", which is conducive to guiding Market expectations and create new opportunities for the development of iron and steel enterprises. Currently, China has entered a critical stage of comprehensive and high-quality development. The country has clearly put forward the goal of striving to achieve carbon peaking by 2030 and carbon neutrality by 2060, which has put forward new requirements for the development of the iron and steel industry, and has also stimulated new momentum for the high-quality development of the steel industry. The steel industry is facing a series of changes in the domestic steel demand structure, steel product supply structure, steel production process structure, and steel production resource structure. II. The main business of the company during the reporting period 1. Main business, main products and their uses During the reporting period, the company’s main businesses include iron and steel smelting, rolling processing, power generation, coal chemical industry, special steel profiles, railways, import and export trade, scientific research, product sales, etc. The introduction of world advanced equipment and technology to implement equipment upgrades for the main iron and steel industry and have built a high-quality steel base, formed more than 60 varieties, more than 7,500 specifications of product series, the proportion of high value-added and high-tech products reached more than 80%. The leading products for automotive surface panels, home appliance panels, petroleum pipeline steel, container panels, shipboard, etc. are widely used in the fields of automobiles, home appliances, petrochemicals, aerospace, machinery manufacturing, energy and transportation, building decoration and metal products, and are exported to more than 60 countries and regions. 2. Business model Procurement model: The company's procurement model includes domestic procurement and foreign procurement. Domestic material procurement is carried out through centralized procurement, unified bidding, price comparison, and consultation. The procurement of foreign materials is carried out through long-term cooperative procurement, direct procurement, open and invitational bidding, inquiry and price comparison, competitive negotiation, negotiation procurement, etc., which mainly act by Bengang Steel Group International Economic and Trade Co., Ltd. Sales model: The company's sales are divided into domestic sales and export sales. Domestic sales mainly adopt the direct sales model. The company sells directly to large customers, and other small and medium customers sell to them through regional sales subsidiaries. Export sales mainly act through the strong marketing network accumulated in international trade by Bengang Steel Group International Economic and Trade Co., Ltd., which act as agent of the export sales and charge the agency fee. 3. Key drivers of performance The company seized the favorable opportunity of the reorganization between Ansteel Group Co., Ltd. and Bengang steel Group Co., Ltd., deeply carried out the three-year action of state-owned enterprise reform and three system reforms, with the goal of achieving "five promotions and two reductions", and earnestly implemented the "5+1" work pattern and "1+4" important mission. Implement the "General Plant System", continuously improve management efficiency and benefits, build a technological innovation system, create innovative platforms such as "Liaoning Bengang Iron and Steel Industry Industry-University-Research Alliance", and implement the "R&D personnel delisting system for scientific and technological projects" to achieve precise incentives. Continuing to carry out in-depth benchmarking exchanges, adhere to the direction of market-oriented reform, and continuously promote the high-quality development of diversified industries, various tasks have achieved relatively gratifying business performance. During the reporting period, the company's main business and business model remained unchanged. III. Analysis on Core Competitiveness The company adheres to the innovation-driven and "quality + service" development model, with the strategic goal of building an internationally competitive high-quality plate base, a domestic first-class special steel base and a comprehensive service provider, and exerts a strategic leading role, focusing on improving quality and efficiency, In terms of product upgrades, technological innovation, green and intelligent manufacturing, we will innovate management ideas, enhance the core competitiveness of enterprises, and promote enterprises to achieve high-quality, green and intelligent development. 1. Manufacturing capabilities. Innovate management ideas, strengthen professional management and control of the entire chain, and continuously improve corporate management efficiency. All departments and units interact with each other, continue to implement the concept of priority on output, adhere to the iron system as the core, focus on the process connection of iron and steel, and rationally match the production line and resource production organization principles of the steel post process, so that the production process and operation Continuously standardize and refine, make every effort to maximize quality, efficiency and production scale, and promote the entire production chain toward high-end manufacturing. 2. Equipment transformation and upgrading. In 2021, the company issued a fixed asset investment plan of 3.85 billion yuan. Implemented a new round of large-scale technological transformation and ultra-low emission transformation projects represented by key projects such as special steel electric furnace upgrading, special steel rolling mill renovation, CCPP power generation project, 220KVA substation project, Taizi River bridge renovation, 1700mm production line improvement, and coke oven flue gas desulfurization and denitrification. At present, the 1700mm production line has been improved, the CCPP power generation project and the 220KVA substation project will be put into operation one after another. The special steel electric furnace upgrade and transformation project will be commissioned and put a set of electric furnaces and supporting refining equipment, continuous casting equipment into production at the end of August 2022. 3. New product development capabilities. So far, 49 grades have been developed. Except for the pre-researched cold- rolled dual-phase steel DP1180, other new products have been sold in the market. Realized the full coverage of strength grade series of hot-rolled automobile structural steel represented by "automobile beam" and "steel for box body". Successfully developed dual-phase steel of 1180 strength level and hot-dip galvanized composite phase steel CR980T/700Y-MP, which are leading domestically. Developed hot-rolled anti-oxidation coating-free hot-formed steel CF-PHS1500 to achieve the world's first launch, reaching the international leading level. 4. Technological innovation ability. In terms of scientific and technological cooperation, to undertake meetings of the Expert Committee of the Metals, establish the strategic docking between Bengang group and China Iron and Steel Research Group, strengthen cooperation with Northeastern University and other universities and research institutes, and invite national academicians and authoritative experts to discuss the latest technological progress and industry development trends. , To direct and to promote the high-quality development of Benxi Iron and Steel Group. In terms of scientific and technological achievements, it has won 4 metallurgical science and technology awards and 3 scientific and technological progress awards in Liaoning Province. Among them, "the research and development of hot stamping steel with the highest strength and extra-thick specifications and its serial development" won the first prize in the metallurgical industry. The industry's highest award. In terms of intellectual property rights, 3 national standards and 11 corporate standards were drafted; 211 patents were accepted by the National Bureau, a year-on-year increase of 21.2%; 108 patents were authorized by the National Bureau, including 16 inventions and 92 utility models. Bengang Steel Plate Co., Ltd. won the Quality Award from the Governor of Liaoning Province and was identified as "the first batch of high-value patent cultivation centers in Liaoning Province." 5. Green development capability. In combination with the steel industry and local ultra-low emission policy requirements, the company has the courage to assume social responsibilities, relying on professional planning and research institutions to prepare an environmental protection improvement plan and an annual implementation plan. A total of more than 40 ultra-low emission projects have been teased out, all of which have been included in the investment plan and are under construction or preliminary work. Through all-round green improvement such as cleaner production level, three waste management, environmental protection management, the company achieve community-based environmental quality, promote the integration of industry and city, strive to achieve ultra-low emission by the end of 2023, and build the company into an "ecological steel" that develops harmoniously with the city. At present, the two dust collectors of the second sintering product of the iron smelting plant have completed the transformation to meet the emission standards. The CCPP power generation project using surplus gas is expected to be completed and put into operation in the first quarter of 2022. 6. Intelligent manufacturing capabilities. The company has vigorously promoted the construction of intelligent manufacturing related projects such as informatization and intelligence. In 2021, investment has been made to carry out centralized control and intelligent manufacturing of iron, burning, coke, special steel processes, raw material management, energy management, etc. Carry out the improvement of the basic information platform, production and manufacturing management, intelligent equipment for cold rolling areas, and the upgrading and transformation of railway transportation dispatching and commanding information systems Intelligent transformation in other fields. keep up with the pace of enterprise development in the era of big data, and achieve high-quality development. IV. Management Discussion and Analysis 1. General During the reporting period, the company has always adhered to the new development concept, promoted efficient development, and fully implemented the spirit of General Secretary Xi Jinping's instructions on Northeast Revitalization and Liaoning Revitalization. It has carried out a series of fruitful work with the core of "refining and strengthening listed companies, and promoting high-quality development", overcoming the influence of unfavorable factors such as market shocks, and achieving a high starting point for the "14th Five-Year Plan". The annual sales revenue was 77.912 billion yuan, a year-on-year increase of 60%; the profit was 3.435 billion yuan, a year-on-year increase of 724%; pig iron completed 9.838 million tons, a year-on-year decrease of 2.3%; crude steel completed 10.438 million tons, a year- on-year increase of 1.24%; Plates completed 13.217 million tons, an increase of 8.02% year-on-year; cold-rolled sheets completed 6.1078 million tons, an increase of 8.1% year-on-year; special steel products completed 622,000 tons, a year-on-year decrease of 13.7%. Reviewing the work of the year, it is mainly reflected in the following aspects: 1. Strengthen process linkage to make production operation more efficient Among them, the steel plant has established a high-efficiency production model, and the monthly output has exceeded 1 million tons, which is the best level in history. The hot continuous rolling mill has continuously set new production records, and the production capacity has reached the level of 10 million tons. The cold rolling plant took multiple measures to break through the "bottleneck" of production. Each unit has set a record of 40 times of production capacity, and some units have exceeded the designed capacity by 120%. The steel rolling output of special steel mills has shown a good trend of increasing month by month, and the daily output has increased by 165 tons year-on-year. The scrap steel plant recovered 63,000 tons of non-production scrap, ensuring high production and consumption reduction. 2. Strict process control and more precise cost control Established the management and control concept of "low cost to win high efficiency", and various cost reduction measures have achieved remarkable results. The financial system refines capital management and saves interest expenses; the production system strictly controls the port transportation consumption ratio to reduce the cost of raw material loss; the equipment system strengthens the repair of spare parts by outsourcing, and reduces the purchase cost of new products; the energy system increases the proportion of self-generated electricity and avoids peak production, direct purchase of electricity and other measures to effectively reduce electricity costs. 3. Implement the innovation-driven strategy, and achieve new results in the field of scientific and technological research and development Adhere to the concept of "strengthening the enterprise with science and technology", carry out scientific research and research and development of new products, make every effort to achieve technological leadership, promote varieties and create benefits, and effectively improve the enterprise's ability to resist risks. Throughout the year, 20 grades of cold series products, 15 grades of thermal series products and 14 grades of special steel products were developed. Successfully developed domestic leading 1180- strength dual-phase steel and high-performance 50BW470 high-efficiency silicon steel for Ningde Tebo, as well as ultra-deep-drawn electro-galvanized automotive outer panels for Iran's Saipa Automobile. For the first time, it cooperated with foreign R&D institutions - General Automobile Research Institute of North America and Northeastern University to develop "coating-free hot-formed steel", breaking through barriers to technical cooperation, breaking through patent monopoly, and completing industrialization tests. In the whole year, 100 scientific research projects were established, an increase of 69.5% year-on- year, and the planned implementation rate reached over 90%. Successfully jointly applied for the "13th Five-Year" National Key R&D Program "Genetic Engineering and Artificial Intelligence Design of Aviation Key Materials" and was approved. The linkage of "sales, research and production" was achieved, and 20 certification and delisting projects were completed throughout the year, with a total of 47 brands. Mercedes-Benz certification has made a breakthrough. Users of pickling products have completed stamping certification and assembly, and are conducting road tests in Germany and Turkey. At the same time, it has passed the Japanese JIS certification, which provides a strong guarantee for the consolidation of overseas markets. 4. Consolidate the construction of the management system, and the level of enterprise management has climbed to a new level Based on the construction of six management systems of safety, quality, energy, environmental protection, integration of industrialization and informatization, and measurement, we constantly improve various management systems, so as to ensure that there is a basis for doing things, and there is evidence for investigations, so as to achieve closed-loop management. Adhere to safety first and build a "red line" awareness. Quickly implement the safety management requirements of "three managements and three musts", "five cleanups and five eliminations" and "four cannot be relaxed for a moment", and responsibilities are consolidated layer by layer. Vigorously promote consistent management and strengthen process compliance. Carry out research on energy conservation and consumption reduction, realize green and low-carbon operation, and make energy management more refined and professional. The investment in metering equipment was increased, and the integration and commissioning of the energy metering network was completed, laying the foundation for precise control of energy consumption. Continue to explore new paths for legal management of environmental protection work, establish and improve daily management and control and emergency management systems and measures, fully promote the construction of key low-carbon energy conservation projects, and promote green and low- carbon development of enterprises. Implement the new development concept and build a digital and intelligent enterprise. Taking solving practical production problems as the focus, sticking to the main direction of intelligence, taking the cold rolling production line with a high degree of automation as a pilot, vigorously promoting the application of innovative technologies such as unmanned driving and industrial robots, and effectively promoting the improvement of labor productivity. 5. Actively promote the deepening of reform, and make new progress in corporate governance In accordance with the goal of "becoming better and stronger to promote the high-quality development of listed companies", the key reform work has been determined, which has pointed out the direction for deepening the reform of Bengang Bancai and solving the problems of enterprise development. Reshape the organizational structure, achieve lean and efficient management, establish an authorization system, improve decision-making efficiency, and control decision-making risks; strengthen performance management, and promote precise incentives. In accordance with the principle of "complete undertaking, comprehensive decomposition, step-by-step pressure, and differentiated design", the company's operator performance and organizational performance indicators will be decomposed and implemented step by step, giving full play to the motivational role of performance appraisal, realizing the company's benefits and employees' benefits. Promote management innovation, improve management efficiency, establish a management mechanism centered on efficiency and follow the principle of process compliance, and continue to improve management effectiveness and efficiency. 6. Highlight the leading role of party building, and show new achievements in group organization work Thoroughly study and implement the spirit of the 19th National Congress of the Communist Party of China and all previous plenary sessions of the 19th National Congress of the Communist Party of China, as well as the spirit of the National Party Building Work Conference of State-owned Enterprises, give full play to the fighting fortress of the party organization and the vanguard and exemplary role of party members, strengthen cadre evaluation and echelon construction, and establish a leadership management and evaluation system, by adopting a multi-dimensional work performance evaluation method, and solidly carry out the selection and recruitment of leading cadres. Adhere to the tracking and training of young cadres, build a platform for talent growth in multiple directions, and create conditions for outstanding talents to stand out. Comprehensively and strictly manage the party to advance in depth, and create a clean and upright business environment; implement the study of the party's history and solve the people's worries, and actively do practical things and solve problems for the workers and the masses. 7. Multi-measures are taken at the same time and the organization is closely organized, and the epidemic prevention and control has become normalized Strictly implement the various epidemic prevention policies of Bengang Group, comprehensively consolidate the foundation of epidemic prevention and control, and ensure that the thinking is not loose and the standards are not lowered. Adhere to daily information control and supervision of epidemic prevention measures, and do a solid job in the reception of foreign personnel and the management of personnel going out, as well as disinfection and personal protection in public places. Establish an emergency response liaison mechanism with the Municipal Health Commission and the hospital, implement measures such as consultation on vaccination matters, and rapid response to emergencies. At present, 9 batches of vaccines have been organized for centralized vaccination, and the vaccination ratio has reached 98%, which has built a strong anti-epidemic barrier. 2. Income and Cost (1) Breakdown of Operating Income Unit: Yuan 2021 2020 Change over last year Amount Proportion Amount Proportion Total operating income 77,912,144,981.46 100% 48,684,792,685.58 100% 60.03% By industries Industry 77,912,144,981.46 100.00% 48,684,792,685.58 100.00% 60.03% By products Steel plate 69,992,675,798.60 89.84% 45,321,849,577.55 93.09% 54.43% Others 7,919,469,182.86 10.16% 3,362,943,108.03 6.91% 135.49% By regions （未完）  |