Company Overview - The company completed its public offering and was listed on the Beijing Stock Exchange on December 29, 2022[7]. - The company received approval from the China Securities Regulatory Commission for its public offering registration on November 30, 2022[7]. - The company has received a standard unqualified audit opinion from Tianzhi International Accounting Firm[11]. - The company has not experienced significant changes in major risks during the reporting period[15]. - The company does not face delisting risks[16]. Financial Performance - The company's operating revenue for 2022 was CNY 2,115,094,905.48, representing a 17.40% increase compared to CNY 1,801,658,085.69 in 2021[32]. - The net profit attributable to shareholders for 2022 was CNY 48,701,773.44, an 18.11% increase from CNY 41,235,016.60 in 2021[32]. - The company's total assets increased by 24.70% to CNY 866,889,017.43 in 2022, up from CNY 695,203,152.36 in 2021[34]. - The total liabilities decreased by 8.96% to CNY 405,133,176.48 in 2022, compared to CNY 444,998,919.04 in 2021[34]. - The weighted average return on equity was 17.87% in 2022, slightly down from 18.20% in 2021[32]. - The net cash flow from operating activities was CNY 62,188,789.09 in 2022, a significant increase of 401.92% from -CNY 20,597,512.30 in 2021[36]. - The company achieved a basic earnings per share of CNY 0.71 in 2022, an increase of 18.33% from CNY 0.60 in 2021[32]. - The company reported a significant improvement in inventory turnover rate, which increased to 326.18 in 2022 from 177.32 in 2021[36]. - The company's gross profit margin improved to 6.73% in 2022 from 6.33% in 2021[58]. - The net profit for 2022 was CNY 55,321,008.64, which is a 26.78% increase compared to CNY 43,636,470.17 in 2021[58]. Risks and Challenges - The company is sensitive to macroeconomic changes and international trade policies, which may impact its operating performance[14]. - The company faces risks related to global economic fluctuations and international trade protectionism, which could affect its import and export trade scale[14]. - The company is exposed to risks from fuel price fluctuations, which can directly impact its operating costs[14]. - The implementation of fundraising projects may face uncertainties such as policy changes and market demand fluctuations[15]. - The company acknowledges the risk of negative cash flow during explosive revenue growth periods[15]. - Fixed asset and operating costs are expected to increase significantly post-project completion, which may affect profitability if not managed properly[15]. - The company is addressing risks related to global economic fluctuations and increasing market competition by expanding its customer base and enhancing service offerings[122]. - The company is implementing measures to mitigate risks associated with receivables collection and fuel price volatility[125]. Investments and Future Plans - The company plans to invest in LNG-powered container ships, a digital logistics integration platform, and supplement working capital through raised funds[15]. - The company plans to continue expanding its international logistics services and shipping operations to enhance market presence[25]. - The company aims to implement a strategy of integrated operation for transportation and agency services, enhancing cargo control and operational efficiency[117]. - The company is focused on expanding its market share by deepening market penetration and acquiring new quality customers to ensure stable revenue growth[119]. - The company is developing new profit growth points through the establishment of new subsidiaries and expanding its supply chain services in domestic and international markets[120]. - The company is currently in the process of developing a digital logistics integration project aimed at enhancing logistics system management through data interconnectivity[106]. - The company aims to enhance its digital logistics services in line with the "Belt and Road" initiative, integrating various logistics services such as international freight forwarding and road transport[118]. Shareholder Information - The company issued 22,783,860 shares of common stock to unspecified qualified investors, which were listed on the Beijing Stock Exchange on December 29, 2022[148]. - The total number of shares held by the top ten shareholders increased by 2,349,793 shares during the reporting period[151]. - The largest shareholder, Hunan Xuan Kai Enterprise Management Consulting Co., Ltd., holds 32.3694% of the company's shares, totaling 29,500,000 shares[150]. - The total number of shares held by directors, supervisors, and senior management is 16,605,099, representing 18.22% of the total shares[176]. - The company has not experienced any changes in its controlling shareholder as of the report date[153]. Governance and Compliance - The company's governance structure is compliant and operates independently, ensuring sound decision-making processes[50]. - The company’s governance structure complies with relevant laws and regulations, ensuring equal rights for all shareholders[192]. - The company’s board of directors and management have been evaluated positively for adhering to decision-making procedures[193]. - The company has not engaged in any share buyback activities during the reporting period[135]. - The company has not provided any loans to external parties[130]. - The company has not faced any investigation or penalties[137]. Employee and Management Information - The total number of employees increased from 362 to 451, representing a growth of approximately 24.6%[182]. - The company has established a comprehensive internal training program to enhance employee skills and efficiency, ensuring sustainable business development[183]. - The company has a total of 5 directors, 3 supervisors, and 4 senior management personnel[173]. - The company appointed three new independent directors and one new supervisor during the reporting period due to development needs[178]. - The total pre-tax remuneration for the supervisory board chairman, Fu Xinmin, was 331,300 RMB[173]. Legal and Regulatory Matters - There is a pending lawsuit where the company is the defendant, with a total amount of 1,302,930.22, representing 0.28% of the net assets[132]. - The company has no significant unclosed lawsuits or arbitration cases during the reporting period[133]. - The company has not exceeded 50% of net assets in total guarantees[136]. - The company has no violations or irregular guarantees reported[136].

Financial Performance - The company's operating revenue for 2022 reached CNY 2,105,999,768.02, representing a year-on-year increase of 16.89%[4] - Net profit attributable to shareholders was CNY 51,310,163.48, up 24.43% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 49,351,988.75, reflecting a growth of 31.39%[4] - Basic earnings per share increased to CNY 0.75, a rise of 24.43% from the previous year[4] Assets and Equity - Total assets at the end of the reporting period amounted to CNY 867,964,858.68, an increase of 24.85% from the beginning of the period[4] - Shareholders' equity attributable to the company reached CNY 455,687,234.75, showing an impressive growth of 84.23%[5] - The company's share capital increased to CNY 91,135,439.00, a growth of 33.33% compared to the previous period[5] Revenue Drivers - The increase in revenue was driven by high average shipping CCIF price index and successful market expansion efforts by subsidiaries[8] - The appreciation of the US dollar contributed to increased foreign exchange gains on the company's dollar-denominated assets[8] - Optimized management of shipping operations led to increased voyage density and loading rates, contributing to revenue and profit growth[8]