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常辅股份(871396) - 关于召开2023年第一次临时股东大会通知公告(提供网络投票)
2023-02-27 16:00
证券代码:871396 证券简称:常辅股份 公告编号:2023-008 常州电站辅机股份有限公司 关于召开 2023 年第一次临时股东大会通知公告(提供网络投票) 本公司及董事会全体成员保证公告内容的真实、准确和完整,没有虚假记载、 误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开基本情况 (二)召集人 本次股东大会的召集人为董事会。 (三)会议召开的合法性、合规性 本次股东大会的召开符合《公司法》等有关法律、法规及《公司章程》的规 定 (四)会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司股东应选择现场投票、网络投票中的一种方式,如果同一表决权出现 重 复投票表决的,以第一次投票表决结果为准。 (一)股东大会届次 本次会议为 2023 年第一次临时股东大会。 (五)会议召开日期和时间 1 现场会议召开时间:2023 年 3 月 17 日 14:00。 2、网络投票起止时间:2023 年 3 月 16 日 15:00—2023 年 3 月 17 日 15:00。 登记在册的股东可通过中国证券登记结算有限责任公司(以下简称"中国结 算")持有人 ...
常辅股份(871396) - 东北证券股份有限公司关于常州电站辅机股份有限公司2023年日常性关联交易预计的专项核查意见
2023-02-27 16:00
东北证券股份有限公司关于常州电站辅机股份有限公司 2023年日常性关联交易预计的专项核查意见 东北证券股份有限公司(以下简称"东北证券"或"保荐机构")作为常州电站 辅机股份有限公司(以下简称"常辅股份"或"公司")向不特定对象公开发行股票 的保荐机构,根据《证券发行上市保荐业务管理办法》《北京证券交易所证券发 行上市保荐业务管理细则》《北京证券交易所股票上市规则(试行)》等有关规 定,对常辅股份关联交易的事项发表专项意见如下: 一、关联交易概述 常辅股份第二届董事会第二十二次会议审议通过了《关于预计2023年度公司 日常性关联交易的议案》,根据公司经营发展规划,对2023年的日常性关联交易 进行了预计。具体预计金额如下: (一)销售商品及劳务 1、公司向中核苏阀科技实业股份有限公司销售产品4,800万元; (二)购买原材料及劳务 无。 (三)其他 无。 二、关联方基本情况及关联关系 (一)中核苏阀科技实业股份有限公司 注册地址:江苏省苏州高新区浒墅关镇安杨路178号(经营地址:苏州高新 2、苏州中核苏阀球阀有限公司销售产品20万元; 3、丹阳江盛流体控制技术有限公司销售产品20万元; 4、青岛伟隆阀门股份有 ...
常辅股份(871396) - 关于向银行申请综合授信额度的公告
2023-02-27 16:00
证券代码:871396 证券简称:常辅股份 公告编号:2023-004 三、 审议表决情况 2023 年 2 月 24 日,公司第二届董事会第二十二次会议审议并通过了《关于 向银行申请综合授信额度的议案》,有效表决票共 9 票,其中同意票为 9 票,反 对票为 0 票,弃权票为 0 票。 常州电站辅机股份有限公司 关于向银行申请综合授信额度的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整,没有虚假 记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 一、 向银行申请综合授信额度的情况 为满足生产经营及业务发展的资金需求,公司拟向银行申请如下综合授信 额度: | 序 | 借款银行 | 授信额度 | | 授信期 | 担保/抵押 | | --- | --- | --- | --- | --- | --- | | 号 | | (万元) | | 限 | 情况 | | 1 | 中信银行股份有限公司常州分行 | 3,000 | 万元 | 一年 | 信用 | | 2 | 招商银行股份有限公司常州分行 | 3,000 | 万元 | 一年 | 信用 | 具体条款将以公司与银行所 ...
常辅股份(871396) - 独立董事关于公司第二届董事会第二十二次会议相关事项的独立意见
2023-02-27 16:00
独立董事:李芸达、宋银立 2023 年 2 月 28 日 本公司及董事会全体成员保证公告内容的真实、准确和完整,没有虚假 记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 常州电站辅机股份有限公司(以下简称"公司")于 2023 年 2 月 24 日召开 第二届董事会第二十二次会议。本人作为独立董事,根据《中华人民共和国公司 法》(以下简称"《公司法》")、《公司章程》及《独立董事工作制度》等有关规 定,基于独立判断立场,就公司第二届董事会第二十二次会议相关事项发表独立 意见如下: 一、审议《关于预计 2023 年度公司日常性关联交易的议案》的独立意见 因宋银立同时担任关联方青岛伟隆阀门股份有限公司的独立董事,宋银立不 对与关联方青岛伟隆阀门股份有限公司之间的关联交易发表独立意见,除此之外, 关于《关于预计 2023 年度公司日常性关联交易的议案》的独立意见如下: 经审阅议案内容,本人认为,本次预计 2023 年日常关联交易事项的审议、 表决程序符合相关法律法规和《公司章程》的规定。本次预计符合公司经营发展 规划,有助于日常经营业务的开展和执行,符合正常生产经营的客观 ...
常辅股份(871396) - 2022 Q4 - 年度业绩
2023-02-19 16:00
Financial Performance - The company's operating revenue for 2022 is approximately ¥207.54 million, a decrease of 8.78% compared to the previous year[3] - The net profit attributable to shareholders is approximately ¥24.97 million, down 18.17% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is approximately ¥20.91 million, a decline of 22.86% compared to the previous year[3] - Basic earnings per share are estimated at ¥0.4262, reflecting an 18.16% decrease year-on-year[3] Assets and Equity - Total assets at the end of the reporting period are approximately ¥394.81 million, an increase of 4.94% from the beginning of the year[5] - Shareholders' equity attributable to the company is approximately ¥267.53 million, up 5.65% year-on-year[5] - The number of shares increased to 58,590,280, representing a growth of 10.00%[3] Market Conditions - The decline in revenue and profit is primarily attributed to market competition and the impact of COVID-19, which affected sales orders for both regular and smart products[6] Government Support - Government subsidies recognized in the current period increased by ¥843,452.88 compared to the previous year[6] Caution for Investors - Investors are advised to exercise caution as the financial data is preliminary and has not been audited[7]
常辅股份(871396) - 2022 Q3 - 季度财报
2022-10-26 16:00
Financial Performance - Operating revenue for the first nine months of 2022 was RMB 135,251,191.46, representing a decline of 21.54% year-on-year[15]. - Net profit attributable to shareholders for the same period was RMB 11,951,250.10, down 45.95% compared to the previous year[15]. - Basic earnings per share for the first nine months of 2022 were RMB 0.2040, a decrease of 45.95% from the previous year[15]. - In Q3 2022, operating revenue was RMB 52,588,955.00, down 25.31% from RMB 70,408,025.79 in Q3 2021[16]. - Net profit attributable to shareholders in Q3 2022 was RMB 5,006,724.84, a decrease of 49.03% compared to RMB 9,823,420.08 in Q3 2021[16]. - The net profit for the year-to-date was ¥11,951,250.10, a decrease of ¥10,161,710.04 or 45.95% year-on-year, primarily due to a decrease in operating revenue[19]. - Total operating revenue for Q3 2022 was ¥52,588,955, a decrease of 25.4% compared to ¥70,408,025.79 in Q3 2021[86]. - Net profit for Q3 2022 was ¥5,006,724.84, a decline of 49.0% from ¥9,823,420.08 in Q3 2021[88]. - Total profit of ¥5,531,281.83 for Q3 2022, down 53.0% from ¥11,747,709.99 in Q3 2021[88]. Cash Flow - The net cash flow from operating activities increased significantly to RMB 24,158,815.70, a rise of 149.91% year-on-year[15]. - The net cash flow from operating activities for the year-to-date was ¥24,158,815.70, an increase of ¥14,491,965.10 or 149.91% compared to the same period last year, mainly due to a decrease in cash paid for goods and services[20]. - Operating cash inflow for the first nine months of 2022 was $171.84 million, a decrease from $180.12 million in the same period of 2021, representing a decline of approximately 4.3%[91]. - Net cash flow from operating activities increased significantly to $24.16 million in 2022 from $9.67 million in 2021, marking a growth of approximately 149.5%[92]. - Cash paid for operating activities decreased to $147.68 million in 2022 from $170.46 million in 2021, a reduction of approximately 13.4%[92]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 371,883,961.18, a decrease of 1.15% compared to the end of the previous year[15]. - The asset-liability ratio for both the parent company and consolidated statements stood at 31.56% as of September 30, 2022, a slight improvement from 32.70% at the end of the previous year[15]. - Total liabilities as of September 30, 2022, were RMB 103,333,424.19, down from RMB 107,954,564.14 at the end of 2021[83]. - The company has pledged assets totaling RMB 48,677,709.32, representing 13.09% of total assets[78]. - Total liabilities increased to ¥117,371,757.32 in the latest report from ¥123,008,608.35 in the previous period[84]. - Total equity rose slightly to ¥254,512,203.86 from ¥253,213,731.96, showing a marginal increase of 0.5%[84]. Shareholder Information - The total number of ordinary shares at the end of the reporting period was 58,590,280, with a basic earnings per share of 0.3744, adjusted from 0.4152 at the end of the previous year[23]. - The largest shareholder, Du Faping, holds 16,279,091 shares, representing 27.78% of the total shares[27]. - The total shares held by the top ten shareholders amount to 36,968,300, which is 63.09% of the total shares[28]. - The company commits to distributing at least 10% of the annual distributable profit in cash and at least 30% of the average annual distributable profit over any three consecutive fiscal years[55]. - The company will review its shareholder return plan every three years, considering various factors and shareholder opinions, especially from minority shareholders[56]. Legal Matters - The company is involved in a lawsuit with a claimed amount of 3,178,678.99 yuan, which constitutes 1.25% of the net assets at the end of the reporting period[32]. - The court ruled that the defendants must cease infringing on the company's trademarks and pay a total of 560,000 yuan in damages[34]. - The company is involved in ongoing legal proceedings regarding trademark disputes, with multiple cases filed in the Beijing Intellectual Property Court[39][40]. - The company has been pursuing overdue payments from Shanghai Zhonghu Valve Group Co., Ltd., amounting to CNY 235,524.00, with ongoing litigation in the Changzhou Wujin District People's Court[41]. Investment and Financial Strategy - The company has invested CNY 358,000,000.00 in low-risk financial products to enhance fund utilization efficiency and increase returns for shareholders[46]. - The company’s strategy includes investing in high-safety, liquid short-term low-risk financial products to optimize capital use[47]. - The company has committed to repurchase shares if any false statements or omissions are identified in the issuance documents[70]. Research and Development - Research and development expenses for Q3 2022 were ¥2,759,763.63, up 52.3% from ¥1,809,504.03 in Q3 2021, indicating a focus on innovation[87].
常辅股份(871396) - 2022 Q2 - 季度财报
2022-08-21 16:00
Awards and Recognition - The company received the third prize in Jiangsu Province's Science and Technology Awards for its project on key technology research and industrialization of electric devices for nuclear power station valves[3]. - The company is recognized as a "High-tech Enterprise" and has received provincial-level recognition for its specialized and innovative capabilities[35]. Financial Performance - The company's operating revenue for the reporting period was ¥82,662,236.46, a decrease of 18.95% compared to the same period last year[27]. - The net profit attributable to shareholders was ¥6,944,525.26, reflecting a decline of 43.49% year-on-year[27]. - The gross profit margin decreased to 36.34% from 37.76% in the previous year[27]. - The weighted average return on net assets for the first half of 2022 was 2.72%, down from 5.18% in the first half of 2021 and 6.70% in the first half of 2020[13]. - The total assets decreased by 5.82% to ¥354,336,323.05 compared to the previous year[31]. - The total liabilities decreased by 14.78% to ¥104,830,844.03[31]. - The company's net cash flow from operating activities increased significantly by 353.77% to ¥22,111,027.87[29]. Assets and Liabilities - As of June 30, 2022, the company's accounts receivable net amount was RMB 57.14 million, accounting for 18.29% of current assets, with 88.26% of accounts receivable aged within one year[10]. - The company's inventory value at the end of the reporting period was RMB 67.39 million, representing 19.02% of total assets[11]. - Cash and cash equivalents accounted for 32.77% of total assets, slightly increasing from 31.09% in the previous year[49]. - Total current assets decreased from ¥337,901,988.54 to ¥312,397,281.52, a decline of about 7.56%[157]. - Total non-current assets increased from ¥38,320,351.77 to ¥41,939,041.53, an increase of approximately 9.67%[158]. Research and Development - The company holds 52 patents, including 5 invention patents and 45 utility model patents, as well as 3 software copyrights as of June 30, 2022[11]. - Research and development expenses increased by 6.05% to ¥3,836,304.18, representing 4.64% of total revenue[54]. - The company is committed to improving its research and development capabilities to maintain a technological edge in the nuclear power sector[88]. Market and Competition Risks - The company faces risks related to market competition, technological advancements, and potential fluctuations in nuclear power project approvals[10]. - The company is at risk of losing key technical personnel due to increasing competition for high-end talent in the industry[11]. - The company faces risks related to macroeconomic fluctuations and reliance on low-end market products, necessitating a focus on technological innovation[47]. Quality Management - The company has established a strict quality management system, with no major product quality incidents reported during the period[11]. - The company is subject to risks associated with nuclear power product quality management, as any quality issues could lead to the revocation of necessary licenses, impacting future business expansion[14]. Shareholder and Dividend Information - The company announced a dividend distribution plan, granting 1 additional share for every 10 shares held and a cash dividend of RMB 2.00 for every 10 shares, effective from June 17, 2022[3]. - The company commits to prioritize cash dividends when the distributable profit is positive and cash flow is sufficient, ensuring it does not affect ongoing operations[109]. - The company aims to distribute at least 10% of the annual distributable profit in cash and at least 30% of the average annual distributable profit over any three consecutive years[110]. Legal Matters - The company has faced a lawsuit with a total claim amount of RMB 3,178,678.99, which accounts for 1.27% of the company's net assets[94]. - The company successfully obtained a court ruling requiring the defendants to cease trademark infringement and pay a total of RMB 560,000 in damages[96]. - The company has faced various legal challenges, including trademark disputes, which are still ongoing as of the report date[97]. Future Plans and Investments - The company plans to enhance product development and service innovation, with a focus on continuous R&D investment to maintain industry leadership[70]. - The company plans to purchase approximately 79 acres of industrial land to mitigate potential impacts from future land acquisition by the government[81]. - The company plans to enhance the production capacity of smart valve actuators and nuclear power products over a period of 24 months, with equipment procurement and installation expected to occur from T+1 to T+21 months[141].
常辅股份(871396) - 2022 Q1 - 季度财报
2022-04-25 16:00
Financial Performance - Operating revenue for the first quarter of 2022 was CNY 37,865,897.96, down 9.18% year-on-year due to reduced order deliveries impacted by the pandemic[16][17]. - Net profit attributable to shareholders for the first quarter of 2022 was CNY 2,913,434.33, a decline of 36.09% compared to the same period last year[16][18]. - Basic earnings per share decreased by 50.85% to CNY 0.0547 due to an increase in share capital from 40,972,224 shares to 53,263,891 shares following the 2020 equity distribution[16][18]. - The company reported a decrease in gross profit margin due to rising raw material costs, contributing to the decline in net profit[18]. - Total operating revenue for Q1 2022 was CNY 37,865,897.96, a decrease of 9.8% compared to CNY 41,694,357.54 in Q1 2021[70]. - Net profit for Q1 2022 was CNY 2,913,434.33, a decrease of 36.1% compared to CNY 4,558,767.32 in Q1 2021[72]. - Operating profit for Q1 2022 was CNY 2,751,395.40, down 35.0% from CNY 4,230,302.13 in Q1 2021[72]. - Total revenue for Q1 2022 was CNY 3,237,966.00, a decline of 40.1% compared to CNY 5,406,632.49 in Q1 2021[72]. - The company reported a net profit margin of 6.3% for Q1 2022, down from 8.2% in Q1 2021[70]. - Total comprehensive income for Q1 2022 was CNY 2,913,434.33, a decrease of 36.1% compared to CNY 4,558,767.32 in Q1 2021[72]. Assets and Liabilities - Total assets as of March 31, 2022, were CNY 356,982,524.44, a decrease of 5.11% compared to the end of the previous year[16]. - Cash and cash equivalents decreased to CNY 89,280,958.86 as of March 31, 2022, from CNY 116,986,234.89 as of December 31, 2021, representing a decline of 24.0%[66]. - Accounts receivable decreased to CNY 59,383,892.53 as of March 31, 2022, from CNY 67,937,927.66 as of December 31, 2021, a reduction of 12.5%[66]. - Total liabilities decreased to CNY 100,855,358.15 as of March 31, 2022, from CNY 123,008,608.35 as of December 31, 2021, a decline of 18.0%[68]. - The company's equity attributable to shareholders increased to CNY 256,127,166.29 as of March 31, 2022, compared to CNY 253,213,731.96 as of December 31, 2021, an increase of 1.1%[68]. - The company's total liabilities to assets ratio remained stable at 28.25% for both the parent and consolidated entities[16]. Cash Flow - Net cash flow from operating activities increased by 140.24% to CNY 3,150,458.40, primarily due to reduced cash payments for goods and services compared to the previous year[16][18]. - Cash flow from operating activities for Q1 2022 was CNY 3,150,458.40, compared to a negative cash flow of CNY -7,829,454.67 in Q1 2021[75]. - Cash and cash equivalents at the end of Q1 2022 were CNY 74,944,033.11, down from CNY 90,693,637.08 at the end of Q1 2021[76]. - Investment cash outflow for Q1 2022 was CNY 91,884,532.69, significantly higher than CNY 20,314,232.40 in Q1 2021[75]. Shareholder Information - The registered capital of the company is CNY 53,263,891.00[14]. - The total number of restricted shares is 28,930,968, with 54.32% held by controlling shareholders[23]. - The total share capital is 53,263,891, with 2,554 common shareholders[23]. - The largest shareholder, Du Faping, holds 14,799,174 shares, representing 27.78% of the total[24]. - The top ten shareholders collectively hold 33,603,964 shares, accounting for 63.08% of the total[25]. - Shareholders have voluntarily waived their preemptive rights regarding the stock issuance[59]. Corporate Governance and Commitments - The company has made commitments to maintain labor dispatch employment below 10% of total employees[31]. - The controlling shareholder has committed to not reducing shareholdings below the issue price for two years post-lockup[32]. - The controlling shareholders and management commit to not interfering in the company's operations or misappropriating company interests[35]. - The company will prioritize cash dividends when distributing annual profits, ensuring at least 10% of the distributable profits are allocated in cash[37]. - The board must discuss any changes to the profit distribution policy with independent directors before submitting it for shareholder approval[39]. - The company will not allow any unfair benefit transfers to other entities or individuals by its directors and senior management[36]. Regulatory and Compliance - There are no ongoing litigation or arbitration matters reported during the reporting period[28]. - The company has not provided external guarantees or loans during the reporting period[28]. - The company has not engaged in any significant asset acquisitions or disposals during the reporting period[28]. - The company commits to providing accurate and complete information regarding the public offering and share issuance[53]. - The company guarantees that the public offering application documents are true, accurate, and complete, and will initiate a buyback if any false statements are identified[54]. - The company will accept supervision from regulatory bodies if it fails to implement the stock stabilization measures[50]. Stock Repurchase and Stabilization - The company plans to repurchase shares if the stock price stabilization conditions are met, following the completion of the major shareholders' stock increase plan[46]. - The funds used for share repurchase must not be less than 10% of the previous fiscal year's audited net profit attributable to the parent company[47]. - The total amount of funds for stock repurchase in a single fiscal year shall not exceed 30% of the previous fiscal year's audited net profit attributable to the parent company[48]. - If the stock price exceeds the net asset value per share for five consecutive trading days, the board may decide to terminate the share repurchase[49]. - After completing a share repurchase plan, the company's obligation to repurchase shares is temporarily lifted for 90 trading days[49]. - If the stock price falls below the issuance price for 20 consecutive trading days, the lock-up period for shares held by major shareholders will be extended by six months[33]. - The company will implement measures to stabilize stock prices if the stock price falls below the latest audited net asset value for 20 consecutive trading days[40]. - The controlling shareholder's funds used for stock repurchase should not exceed 30% of the cash dividends received in the previous fiscal year[43]. - The company will review its shareholder return plan every three years, considering the execution of the previous plan and shareholder feedback[38]. - The management commits to ensuring that any stock incentive plans are linked to the execution of measures to compensate for diluted immediate returns[36].
常辅股份(871396) - 2021 Q4 - 年度财报
2022-04-14 16:00
Company Overview - The company was listed on the Beijing Stock Exchange on November 15, 2021, becoming one of the first companies to do so[6]. - The company has a total share capital of 53,263,891 shares, with the controlling shareholder being Du Faping[28]. - Du Faping has been the chairman and general manager since the company's establishment in 2001, exerting significant influence over company decisions[196]. - The company did not conduct any public or private stock offerings during the reporting period[200]. - There were no changes in the controlling shareholder or actual controller during the reporting period[197]. Financial Performance - The company's operating revenue for 2021 was ¥227,523,358.24, a decrease of 2.02% compared to ¥232,210,495.75 in 2020[34]. - The net profit attributable to shareholders for 2021 was ¥30,511,712.56, down 8.75% from ¥33,437,933.41 in 2020[34]. - The gross profit margin for 2021 was 37.49%, a decline from 40.16% in 2020[34]. - The company's basic earnings per share for 2021 was ¥0.5728, a decrease of 17.64% from ¥0.6955 in 2020[34]. - The net cash flow from operating activities for 2021 was ¥13,894,046.59, a significant decline of 46.44% from ¥25,941,854.81 in 2020[37]. - The average return on net assets after deducting non-recurring gains and losses was 16.53% in 2020 and dropped to 11.23% in 2021, highlighting a trend of declining profitability[18]. - The weighted average return on net assets for 2021 is 12.64%, down from 17.97% in 2020, reflecting a potential risk of declining profitability[131]. Assets and Liabilities - Total assets increased by 3.31% to ¥376,222,340.31 at the end of 2021, compared to ¥364,184,421.72 at the beginning of the year[36]. - Total liabilities decreased by 6.27% to ¥123,008,608.35 at the end of 2021, down from ¥131,239,346.32 at the beginning of the year[36]. - The company's inventory value at the end of the reporting period was 65.21 million yuan, accounting for 17.33% of total assets[17]. - The company's cash and cash equivalents decreased by 0.30% to CNY 116,986,234.89, representing 31.09% of total assets[66]. - The accounts receivable increased by 0.47% to CNY 67,937,927.66, making up 18.06% of total assets[66]. Research and Development - The company has developed core technologies in valve electric actuators and intelligent control systems, maintaining a leading position in the industry[15]. - The company holds 50 patents as of December 31, 2021, including 5 invention patents and 43 utility model patents, along with 3 software copyrights[16]. - Research and development expenses increased by 11.88% to CNY 9,204,191.25, reflecting the company's commitment to innovation[69]. - The company is focused on continuous technological innovation and product line expansion to enhance market competitiveness and profitability[97]. - The company has invested in 8 R&D projects, including the development of IIOT-based smart new energy cloud electric devices[95]. Market Position and Competition - The company specializes in the manufacturing of valve actuators, with products widely used in nuclear power, petrochemical, metallurgy, municipal, and electric power industries[51]. - The company is positioned among the top three in market competitiveness domestically and aims to move towards high-end products[112]. - The domestic valve actuator industry is projected to grow rapidly due to national industrial restructuring, technological upgrades, and strong government support for fixed asset investment[103]. - The company is positioned to benefit from the increasing demand for high-end automation products, particularly in the nuclear power sector, where domestic manufacturers are improving their technology[65]. Risks and Challenges - The company faces risks related to market competition and the potential for performance fluctuations if it cannot maintain its technological advantages[15]. - The company is exposed to risks from natural disasters, wars, and major pandemics that could impact its operations and profitability[18]. - The company faces management risks associated with scale expansion, necessitating improvements in internal control and governance structures[129]. - The company acknowledges the potential impact of natural disasters and other uncontrollable events on its operations and profitability[132]. - The company faces uncertainties in obtaining future nuclear product orders if there are significant adverse changes in national nuclear development policies or project approvals[136]. Corporate Governance and Shareholder Relations - The company has a significant concentration of ownership, with the top two shareholders holding over 36% of the total shares[196]. - The top ten shareholders collectively hold 63.08% of the company's shares, with 25,839,520 shares at the beginning of the period and 33,602,464 shares at the end[194]. - The company commits to communicate with shareholders, especially minority shareholders, regarding any changes to the profit distribution policy[166]. - The company will adjust its profit distribution policy and future shareholder return plans based on discussions with independent directors and shareholder approval, requiring a two-thirds majority vote[166]. Quality Management - The company has established a strict quality management system, with no major product quality accidents reported, highlighting its commitment to product quality control[16]. - The company has implemented a comprehensive quality management approach to ensure the reliability and safety of its nuclear products throughout the entire process[136][137]. Future Outlook - The future outlook indicates a growing market for nuclear energy as a clean and efficient energy source, contributing to carbon neutrality goals[107]. - The company plans to actively participate in the nuclear power industry chain construction and increase its market share in nuclear power products[111]. - The company aims to enhance the intelligence of civilian products and improve their stability and reliability to meet diverse industry needs[108].