中铝国际工程股份有限公司（以下简称公司）监事会于 2024 年 1 月 29 日收到范光生先生的书面辞呈，因工作调动，范光生先生提 请辞去公司监事会主席、职工代表监事职务。 范光生先生确认其在任职期间与公司董事会及监事会无意见分 歧，亦无任何其他因辞任须提呈公司股东注意的事项。公司董事会和 监事会感谢范光生先生担任监事会主席、职工代表监事期间为公司付 出的努力及作出的宝贵贡献。 证券代码：601068 证券简称：中铝国际 公告编号：临 2024-005 中铝国际工程股份有限公司 关于更换职工代表监事、监事会主席的公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、 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 担法律责任。 公司于 2024 年 1 月 29 日召开三届三次职工代表大会，经职工代 表大会选举，肖红梅女士当选公司第四届监事会职工代表监事。其将 与公司现任两名股东代表监事共同组成公司第四届监事会，任期至公 司第四届监事会届满为止。 公司于 2024 年 1 月 29 日召开第四届监事会第十三次会议，审议 通过了《关于选举公司第四届监事会主席的议案》，选举林妮女士为 公司第 ...

财联社1月28日讯（记者 梁祥才）25亿元的计提减值金额，创下中铝国际（601068.SH）上市以来的新 高。 今日，中铝国际公告，经公司测算，2023 年共计提资产减值准备净额（含转回）约25 亿元；其中，存 货跌价准备约6 亿元，应收款项减值准备约6 亿元，合同资产减值准备约13 亿元。 财联社记者梳理中铝国际历年公告发现，主要因包括应收账款坏账和合同资产减值在内的计提减值拖累 了公司近年来的业绩。2020-2023年计提减值金额分别为16.25 亿元、13.39亿元、3.9亿元、25亿元，合 计达58.54亿元；同期公司净利润分别为-19.76亿元、-10.7亿元、1.13亿元、-25亿至-28亿元（据公司业 绩预告公告）。 事实上，去年高额的计提已早有端倪。据公司此前披露的相关公告，2023年上半年减值金额为10.77亿 元，同期净利润为-8.31亿元。 彼时，减值数额引起市场关注。在举办的2023年半年度业绩说明会上，有投资者问及，公司近几年资产 减值规模较大，未来是否还会持续大额计提减值损失时。中铝国际财务总监兼董事会秘书赵红梅回应 道，公司以前年度对合同资产的预期信用风险预估是充分的，未来，公司 ...

证券代码：601068 证券简称：中铝国际 公告编号：临 2024-004 中铝国际工程股份有限公司关于 2023 年年度计提资产减值准备的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 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 担法律责任。 中铝国际工程股份有限公司(以下简称公司)于 2024 年 1 月 28 日 召开第四届董事会第十八次会议和第四届监事会第十二次会议，审议 通过了《关于公司 2023 年年度计提资产减值准备的议案》。现将具体 情况公告如下： 一、本次计提资产减值准备的基本情况 公司依照中国企业会计准则及公司会计政策的相关规定，对截至 2023 年 12 月 31 日的账面资产进行分析，基于谨慎性原则，对资产 计提了相应的减值准备。经公司测算，2023 年共计提资产减值准备 净额（含转回）约人民币 25 亿元，具体情况如下： （一）存货跌价准备计提情况 公司在资产负债表日对存货进行全面清查,对于存货成本高于其 可变现净值的，计提存货跌价准备。公司按照单个存货项目计提存货 跌价准备，在资产负债表日，若以前减记存货价值的影响因素已经消 失的，存货跌价准备在原 ...

证券代码：601068 证券简称：中铝国际 公告编号：临 2024-003 中铝国际工程股份有限公司 2023 年第四季度主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 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 担法律责任。 2023 年第四季度，中铝国际工程股份有限公司（以下简称公司） 新签合同 1,510 个，新签合同金额为人民币 89.53 亿元。具体情况如 下： | 合同类型 | | 截止 2023 | 年 12 | 月 31 | 日 | 截止 2022 | 年 | 12 | 月 31 | 日 | 同比增减 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 数量 | | 金额 | | 数量 | | | 金额 | | （%） | | | | （个） | | （亿元） | | （个） | | | （亿元） | | | | 工程勘察设计与咨询 | | 5,794 | | 44.80 | | 4,932 | | | 38.67 | | 15.84 | ...

中铝国际工程股份有限公司 独立董事工作制度 （2015 年 8 月 25 日股东大会审议通过 2022 年 10 月 28 日股东大会第二次修订 2023 年 12 月 28 日股东大会第三次修订） 第一章 总则 第一条 为了进一步完善中铝国际工程股份有限公司（以下 简称公司）的治理结构，促进公司规范运作，保证独立董事履行 职责，根据《中华人民共和国公司法》（以下简称《公司法》）、 《上市公司独立董事管理办法》（以下简称《独立董事管理办 法》）、《上市公司治理准则》《上海证券交易所股票上市规则》 （以下简称《上交所上市规则》）、《香港联合交易所有限公司 证券上市规则》（以下简称《联交所上市规则》）及《中铝国际 工程股份有限公司章程》（以下简称《公司章程》）的有关规定， 特制定本制度。 第二条 独立董事是指不在公司担任除董事外的其他职务， 并与公司及公司主要股东（指单独或者合并持有公司表决权股份 总数的 5%以上股份的股东，或者持有股份不足 5%但对公司有重 大影响的股东）、实际控制人不存在直接或者间接利害关系，或 者其他可能影响其进行独立客观判断的关系,并符合公司股份上 市地证券交易所规则有关独立性的规定的董 ...

Financial Performance - The company's operating revenue for the third quarter was RMB 5,417,305, a decrease of 6.51% compared to the same period last year[3]. - Net profit attributable to shareholders was RMB 64,800, representing a significant increase of 129.59% year-on-year[3]. - Total revenue for the first three quarters of 2023 was CNY 15,039,361 thousand, a decrease of 7.8% compared to CNY 16,311,376 thousand in the same period of 2022[26]. - Net profit for the first three quarters of 2023 was a loss of CNY 741,154 thousand, compared to a profit of CNY 250,387 thousand in the same period of 2022[30]. - Total comprehensive income for the first three quarters of 2023 was -734,864 thousand RMB, compared to -419,661 thousand RMB in the same period of 2022[34]. - Basic earnings per share for the first three quarters of 2023 was -0.28 RMB, down from 0.05 RMB in the same period of 2022[34]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 42,252,198, down 10.84% from the previous year[4]. - The company's total current assets were RMB 33.401 billion, down from RMB 38.182 billion at the end of 2022[16]. - The company's total non-current assets as of September 30, 2023, were RMB 8.851 billion, a decrease from RMB 9.209 billion at the end of 2022[18]. - The company's total liabilities as of September 30, 2023, amounted to CNY 35,601,243 thousand, a slight decrease from CNY 36,936,231 thousand at the end of 2022[24]. - Total equity as of September 30, 2023, was CNY 6,650,955 thousand, down from CNY 10,455,057 thousand at the end of 2022[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,861[8]. - The largest shareholder, China Aluminum Group, holds 2,176,758,534 shares, accounting for 73.56% of the total shares[9]. - The company's retained earnings attributable to shareholders were CNY -765,842 thousand as of September 30, 2023, compared to CNY 151,868 thousand in the same period of 2022[30]. Strategic Initiatives - The company has shifted its strategy to focus on "Technology + International" development, resulting in improved revenue from engineering design and consulting services[5]. - The company is committed to implementing a "Technology + International" development strategy, focusing on non-ferrous and advantageous industrial sectors[11]. - The company has ceased high-risk construction projects, which has led to a reduction in overall revenue[5]. - The company has strengthened its overseas marketing and performance capabilities, successfully signing multiple large consulting and design contracts in India, Kazakhstan, and Saudi Arabia[14]. Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 495,452 thousand, an increase of 10.6% compared to CNY 447,698 thousand in the same period of 2022[27]. - The company applied for 411 patents, an increase of over 80% compared to the same period last year, with 227 effective patents granted[13]. Awards and Recognition - The company won 139 awards in the 2023 annual awards for the non-ferrous metal construction industry, setting a historical record for the number of awards received[13]. - The company ranked 98th in the "Top 150 Global Design Firms" and 203rd in the "Top 250 International Contractors" according to ENR magazine[11]. - The company achieved a four-star rating in the 2023 ESG evaluation for central enterprise-controlled listed companies[11]. Cash Flow - The net cash flow from operating activities showed a net inflow, with an increase of 870 million compared to the same period last year[7]. - Cash inflow from operating activities for the first three quarters of 2023 was 16,115,868 thousand RMB, compared to 16,892,718 thousand RMB in the same period of 2022[36]. - Cash outflow from operating activities for the first three quarters of 2023 was 16,106,883 thousand RMB, compared to 17,754,012 thousand RMB in the same period of 2022[38]. - Net cash flow from operating activities for the first three quarters of 2023 was 8,984 thousand RMB, a significant improvement from -861,294 thousand RMB in the same period of 2022[38]. - Cash inflow from investment activities for the first three quarters of 2023 was 851,105 thousand RMB, compared to 57,209 thousand RMB in the same period of 2022[40]. - Cash outflow from investment activities for the first three quarters of 2023 was 46,964 thousand RMB, compared to 2,152,599 thousand RMB in the same period of 2022[40]. - Cash inflow from financing activities for the first three quarters of 2023 was 10,541,377 thousand RMB, compared to 8,504,148 thousand RMB in the same period of 2022[41]. - Net cash flow from financing activities for the first three quarters of 2023 was -4,016,402 thousand RMB, compared to 3,623,634 thousand RMB in the same period of 2022[41]. - The cash and cash equivalents at the end of the first three quarters of 2023 decreased by 3,123,375 thousand RMB, compared to an increase of 714,684 thousand RMB in the same period of 2022[43].

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in the first half of 2023[4]. - The company's operating revenue for the first half of 2023 was CNY 962,205.59 million, a decrease of 8.51% compared to CNY 1,051,709.11 million in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY -83,064.20 million, representing a significant decline of 771.8% from CNY 12,364.47 million in the previous year[20]. - The basic earnings per share for the first half of 2023 was CNY -0.30, a decrease of 850.00% compared to CNY 0.04 in the same period last year[21]. - The company's net profit attributable to shareholders for the first half of 2023 was a loss of RMB 0.83 billion, a significant decrease from a profit of RMB 0.12 billion in the previous year[59]. - The total assets at the end of the reporting period were CNY 4,739,128.86 million, reflecting a decrease of 11.69% from the previous year[19]. - The company's total equity decreased to RMB 7.06 billion from RMB 10.46 billion, a decline of about 32.9%[178]. - The company reported a net loss of RMB 281.17 million in retained earnings, compared to a profit of RMB 598.62 million at the end of 2022[178]. Revenue and Market Expansion - The company has set a revenue target of RMB 10 billion for the full year 2023, representing a 10% increase from 2022[5]. - User data showed a 20% increase in active projects compared to the previous year, indicating strong market demand[5]. - The company is expanding its market presence in Southeast Asia, aiming for a 25% increase in regional revenue by 2025[5]. - A strategic acquisition of a local engineering firm is expected to enhance operational capabilities and market share[5]. Research and Development - New product development initiatives have led to the launch of three innovative engineering solutions, enhancing competitive advantage[5]. - The company focuses on R&D of new processes, technologies, materials, and equipment in the non-ferrous metal industry, with a strong emphasis on technological innovation[4]. - The company achieved a research and development investment intensity of 3.33%, with 156 new patents granted and 17 major technological achievements evaluated as reaching international leading levels[46]. - Research and development expenses for the first half of 2023 were 320 million RMB, an increase of 55 million RMB year-on-year, with an investment intensity reaching 3.33%[63]. Cash Flow and Financial Position - The company has maintained a strong cash position, with cash reserves amounting to RMB 1.5 billion as of June 2023[5]. - The company reported a cash flow from operating activities of CNY -86,286.93 million, indicating a negative cash flow situation[20]. - Cash and cash equivalents decreased by 49.50% to RMB 387,511.67 million compared to the end of the previous year[80]. - The company's net cash flow from operating activities improved, with a net outflow of RMB 8.63 billion, a decrease of RMB 1.77 billion year-on-year[85]. Risks and Compliance - The company faces potential risks including cash flow and market risks, which could impact future performance[5]. - The management emphasized the importance of adhering to regulatory compliance to mitigate legal risks[5]. - The company faces cash flow risks due to high capital occupation by "two funds," leading to pressure on liquidity[93]. - Debt risk management is critical as the financial regulatory environment becomes increasingly complex, necessitating enhanced identification and control of debt risks across subsidiaries[94]. Corporate Governance and Management - The board confirmed that there are no non-operational fund occupations by major shareholders[5]. - The company has established a comprehensive compliance management system, with over 100 process lists developed[3]. - The company has adhered to all provisions of the Corporate Governance Code as per the Hong Kong Stock Exchange rules during the six months ending June 30, 2023[107]. - The company has appointed three independent non-executive directors with appropriate professional qualifications as required by the Hong Kong Stock Exchange[109]. Employee and Social Responsibility - The company has established various social insurance schemes for employees, including pension, medical, unemployment, maternity, and work injury insurance[166]. - The company has actively engaged in rural revitalization efforts, helping 161 villagers achieve employment through various initiatives, including skills training and job placement[115]. - There have been no strikes or labor disputes affecting the company's management operations during the reporting period[169]. Related Party Transactions - The company provided engineering services to Chalco Group with a transaction amount of RMB 74,235.49 million against an annual limit of RMB 600,000 million[132]. - The company sold goods to Chalco Group with a transaction amount of RMB 13,392.55 million against an annual limit of RMB 100,000 million[132]. - The company reported a total of RMB 399,590.00 million in related party debts at the end of the period[138]. Environmental and Safety Measures - The company has implemented strict environmental protection measures and has not experienced any significant environmental incidents during the reporting period[113]. - The company has signed safety and environmental responsibility agreements with all employees to enhance environmental protection awareness[114]. - The company has actively promoted the development and application of environmental protection and energy-saving technologies[114].

Financial Performance - China Aluminum International Engineering Corporation Limited reported its unaudited interim results for the six months ended June 30, 2023[3]. - The company's operating revenue for the first half of the year was CNY 962,205.59 million, a decrease of 8.51% compared to CNY 1,051,709.11 million in the same period last year[15]. - The net profit attributable to shareholders of the listed company was CNY -83,064.20 million, a significant decline from CNY 12,364.47 million in the previous year, representing a decrease of 771.8%[15]. - The net cash flow from operating activities was CNY -86,286.93 million, compared to CNY -104,007.53 million in the same period last year[15]. - The total assets at the end of the reporting period were CNY 4,185,075.60 million, down 11.69% from CNY 4,739,128.86 million at the end of the previous year[15]. - The net assets attributable to shareholders of the listed company decreased to CNY 663,173.50 million, down 11.93% from CNY 752,981.55 million at the end of the previous year[15]. - The basic earnings per share for the first half of the year was CNY -0.30, a decrease of 850.00% compared to CNY 0.04 in the same period last year[16]. - The weighted average return on net assets was -18.93%, a decrease of 21.02 percentage points from the previous year[16]. - The company achieved operating revenue of 9.622 billion RMB in the first half of 2023, a decrease of 8.51% compared to 10.517 billion RMB in the same period last year[51]. - Net profit attributable to shareholders was -831 million RMB, a significant decrease of 771.80% from 124 million RMB in the previous year[51]. Risk Factors - The company faces risks including cash flow risk, debt risk, litigation risk, operational risk, and market risk[5]. - The company anticipates a significant risk of declining non-ferrous metal prices in the second half of 2023 due to weak terminal consumption and external economic pressures[30]. - The company faces cash flow risks due to high capital occupation and reduced turnover speed, which may pressure funding[86]. - Debt risk management is critical as the financial regulatory environment becomes increasingly stringent, necessitating enhanced identification and control of debt risks across subsidiaries[86]. - Legal disputes present a risk, with the company focusing on reducing existing cases and controlling new ones to strengthen its risk management capabilities[87]. - The company is experiencing operational risks due to the low entry barriers in the construction market and the oversupply in traditional manufacturing, leading to inaccurate cost predictions[88]. - The non-ferrous metal industry faces market risks, with a noticeable contraction in the market influenced by dual carbon policies, while competition in the domestic construction market intensifies[89]. Corporate Governance and Compliance - The company guarantees the truthfulness, accuracy, and completeness of the semi-annual report, with no false records or major omissions[4]. - The report is compliant with the Hong Kong Stock Exchange's listing rules regarding interim results announcements[3]. - The board of directors and supervisory board members were present at the meeting to approve the report[4]. - The company has adhered to the corporate governance code and maintained compliance with all relevant rules and regulations as of June 30, 2023[100]. - The audit committee reviewed and confirmed the unaudited interim results for the six months ending June 30, 2023, ensuring compliance with applicable accounting standards and legal requirements[104]. - The company confirmed that no new business related to sanctioned countries was initiated from the beginning of the reporting period to the last practicable date[91]. - The company’s risk management committee confirmed that funds raised from global offerings were not used for any business related to sanctioned countries[91]. Research and Development - The company applied for over 300 new patents in the first half of 2023, with over 49% being invention patents, and received more than 150 domestic and international patent authorizations[32]. - The company has established 9 national engineering technology research centers and 4 national postdoctoral research stations, enhancing its R&D capabilities[31]. - The company’s R&D investment intensity reached 3.33%, with 156 new patents granted and multiple national key R&D projects passing performance evaluations[38]. - Research and development expenses increased to 320 million RMB, up 20.8% year-on-year, with an R&D intensity of 3.33%[55]. Environmental and Social Responsibility - The company emphasizes environmental protection and pollution prevention, integrating green development concepts into its operations and adhering to national environmental laws[106]. - In the first half of 2023, the company continued to implement environmental protection measures, requiring all employees to sign safety and environmental responsibility lists[107]. - The company provided 1.02 million yuan in small loans to support villagers in developing livestock farming[108]. - The company has ongoing major litigation and arbitration cases, including disputes related to construction contracts[113]. - The company has been recognized as an advanced unit for rural revitalization efforts in Guizhou Province[108]. - The company actively promotes environmental protection and pollution control technologies, integrating them into its operations[107]. Shareholder Information - The total share capital of the company as of June 30, 2023, is RMB 2,959,066,667, consisting of 2,959,066,667 shares with a par value of RMB 1.00 each, including 399,476,000 H-shares and 2,559,590,667 A-shares[143]. - The top ten shareholders hold a total of 2,283,179,000 shares, representing 77.16% of the company's total share capital[152]. - China Aluminum Group holds 2,176,758,534 shares, accounting for 73.56% of the total shares[148]. - The largest shareholder, China Aluminum Group, has a beneficial ownership of 2,263,684,000 A-shares, which is approximately 76.50% of the total share capital[155]. - The company does not have any strategic investors or general corporations that have become top ten shareholders due to new share placements[152]. Employee Information - As of June 30, 2023, the company had a total of 12,594 employees, with 11,728 active employees, of which 77% were male and 23% were female[158]. - Employee expenses for the first half of 2023 amounted to RMB 642 million[161]. - The company has established various social insurance programs for employees, including pension, medical, unemployment, maternity, and work injury insurance[161]. - The company has implemented employee training programs focusing on management skills, overseas exchange programs, and other courses[161]. Financial Transactions and Related Parties - The company has engaged in financial transactions with its parent company's financial subsidiary, indicating a strong financial relationship[133]. - The company has a related party debt balance of RMB 396,090 million at the end of the reporting period, with no impact on its operational results or financial status[130]. - The company has not reported any significant related party transactions outside of the financial services mentioned[134].

Financial Performance - The company's operating revenue for the first quarter was RMB 430.61 million, a decrease of 10.64% compared to RMB 481.89 million in the same period last year[5]. - Net profit attributable to shareholders of the listed company was RMB 343.64 million, down 94.68% from RMB 6,457.08 million year-on-year[5]. - Basic earnings per share decreased by 94.00%, from RMB 0.02 to RMB 0.0012[10]. - The company reported a net profit of CNY 46,103,798.07 for Q1 2023, down 57.3% from CNY 107,943,845.54 in Q1 2022[27]. - The company reported a total comprehensive income of CNY 18,533,014.89, a significant decrease from CNY 108,190,984.14 in Q1 2022[32]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 4,368.77 million, a decrease of 7.81% from RMB 4,739.13 million at the end of the previous year[6]. - Total assets as of March 31, 2023, were CNY 43,687,696,202.24, down from CNY 47,391,288,591.87 at the end of 2022, a decrease of 7.3%[24]. - Total liabilities decreased to CNY 33,205,130,202.80 as of March 31, 2023, from CNY 36,936,231,329.10 at the end of 2022, a reduction of 10.0%[22]. Cash Flow - The net cash flow from operating activities was significantly impacted, with a decrease in received project payments compared to the previous year[10]. - The net cash flow from operating activities was negative CNY 1,663,212,209.58 in Q1 2023, compared to negative CNY 1,228,241,988.92 in Q1 2022[34]. - The cash inflow from operating activities totaled CNY 4,990,361,151.93 in Q1 2023, down from CNY 6,017,816,723.85 in Q1 2022[34]. - The company reported a net cash flow from investment activities of CNY 440,853,811.86 in Q1 2023, a significant improvement from negative CNY 1,599,972,535.16 in Q1 2022[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 52,863[11]. - China Aluminum Group holds 2,176,758,534 shares, accounting for 73.56% of the total shares[12]. - The total number of shares held by the top ten shareholders is 2,283,179,000, representing 77.16% of the total share capital[13]. - The company has no known relationships or concerted actions among the top shareholders[13]. Operational Efficiency - The company is focusing on improving operational efficiency and reducing costs in response to declining revenues and profits[26]. - Research and development expenses for Q1 2023 were CNY 141,377,073.58, an increase of 57.5% compared to CNY 89,835,025.87 in Q1 2022[26]. Other Financial Data - Non-recurring gains and losses totaled RMB 856.85 million, with various components contributing to this figure[9]. - The company did not conduct an audit for the quarterly report, indicating that the financial data is unaudited[4]. - The company has adjusted its financial data from the previous year due to the acquisition of Kunming Nonferrous Metallurgy Design Institute Co., Ltd.[6].

Financial Performance - As of December 31, 2022, the company's undistributed profits amounted to -127,038,527.51 RMB, leading to a proposal of no profit distribution for 2022[4]. - The company's operating revenue for 2022 was RMB 2,369,732.89 million, a decrease of 0.84% compared to RMB 2,471,782.33 million in 2021[18]. - Net profit attributable to shareholders was RMB 11,250.63 million, a significant decline from a loss of RMB 200,207.11 million in 2021[18]. - The net profit after deducting non-recurring gains and losses was a loss of RMB 42,559.17 million, compared to a loss of RMB 213,599.31 million in 2021[18]. - The net cash flow from operating activities was RMB 52,486.92 million, down 20.45% from RMB 64,125.14 million in 2021[18]. - The total assets at the end of 2022 were RMB 4,739,128.86 million, a decrease of 21.04% from RMB 5,593,193.83 million in 2021[18]. - Basic earnings per share for 2022 was RMB 0.00, down from RMB -0.72 in 2021[19]. - The weighted average return on equity was -0.21%, compared to -29.06% in 2021[19]. - The company achieved operating revenue of RMB 23.697 billion in 2022, a year-on-year decrease of 0.84%[46]. - The total profit for the year was RMB 285 million, an increase of RMB 1.221 billion compared to the previous year[46]. - The net profit attributable to the parent company was RMB 113 million, an increase of RMB 1.183 billion year-on-year[46]. Risks and Challenges - The company faces potential risks in 2023, including cash flow risk, debt risk, litigation risk, operational efficiency risk, and market competition risk[6]. - The company is addressing cash flow risks due to high capital occupation by "two funds" and slow turnover rates[122]. - The company is enhancing its debt risk management in response to increasing regulatory scrutiny and complex market conditions[123]. - The company is facing challenges in the construction market due to low entry barriers and increasing competition, impacting project cost predictions[126]. Corporate Governance - The board of directors confirmed that all members attended the board meeting, ensuring the accuracy and completeness of the annual report[5]. - The company has a cash dividend plan in place, with a 10% withholding tax rate applicable to non-resident corporate shareholders[160]. - The company has complied with corporate governance codes and improved its governance structure, as evidenced by various awards received in 2022[162]. - The company has established a legal compliance department responsible for legal affairs, comprehensive risk management, internal control evaluation, and internal auditing[170]. - The board reviewed the company's risk management and internal control systems, confirming their effectiveness in financial monitoring, operational monitoring, and compliance monitoring[170]. - The company has implemented a mechanism to track the progress of board resolutions on a monthly basis, ensuring effective execution[165]. - The company has established a shareholder communication policy that was reviewed and deemed effective as of December 31, 2022[191]. - The board's corporate governance functions include formulating and reviewing governance policies to comply with regulatory requirements[194]. Strategic Focus and Development - The company is focusing on technological upgrades and project relocations rather than new project constructions in the non-ferrous metal engineering market[106]. - The company aims to establish itself as a leading domestic and globally competitive non-ferrous metal engineering technology firm[110]. - The strategic focus includes enhancing internationalization and strengthening core businesses in engineering consulting and infrastructure construction[111]. - The company plans to implement a high-quality development strategy centered on stable operations and risk management in 2023[113]. - The company emphasizes value creation across all operational aspects, aiming for sustainable cash net profit[114]. - A strong push for technological innovation is underway, focusing on energy-saving and carbon reduction technologies in aluminum production[115]. - The company is committed to enhancing digital delivery standards and integrating intelligent services into engineering technology[115]. Research and Development - The company applied for 381 patents in 2022, with over 46% being inventions, and received more than 300 new domestic and foreign authorized patents[32]. - Research and development expenses increased by 16.11% to RMB 912.07 million, reflecting the company's commitment to enhancing R&D investment[49]. - The company has established 9 national engineering technology research centers and 4 national postdoctoral research stations by the end of 2022[42]. - The company focused on key R&D projects in areas such as geotechnical engineering and aluminum smelting, aiming to fill industry technology gaps and enhance product quality[68]. Market and Industry Trends - The company anticipates stable growth in the consumption of major non-ferrous metals, driven by the development of new energy industries, although the growth rate is expected to gradually slow down[106]. - The infrastructure investment growth is expected to stabilize, with new infrastructure becoming a significant highlight, particularly post-COVID-19, creating numerous market opportunities[107]. - The urbanization rate in China reached 65.22% in 2022, projected to exceed 70% by 2035, indicating a steady advancement in the real estate sector and urban construction[108]. - New infrastructure development is anticipated to grow by over 20% in 2022, driven by advancements in 5G and industrial internet technologies[109]. Employee and Training Initiatives - The company trained a total of 28,686 employees in 2022, with a training investment of RMB 7.38 million and a total training duration of 283,428 hours[127]. - The company emphasizes employee rights protection and has not experienced any major labor disputes or human rights complaints in 2022[127]. - The company has developed a comprehensive training system to enhance the effectiveness of employee training, focusing on targeted training for specific challenges[127]. Shareholder Engagement - The company emphasizes maintaining effective communication with shareholders and has established channels for timely information dissemination[184]. - Shareholders holding more than 10% of the company's shares have the right to request an extraordinary general meeting, which must be responded to within 10 days[186]. - The company encourages shareholders to attend general meetings to directly raise any concerns with the board[187]. - The company has outlined procedures for voting and decision-making during shareholder meetings, ensuring transparency[187].