Financial Performance - In 2013, the company's operating revenue was CNY 567,421,890.43, a decrease of 10.18% compared to CNY 631,737,766.01 in 2012[25]. - The net profit attributable to shareholders was CNY 81,412,366.53, down 6.82% from CNY 87,374,665.62 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 71,068,885.57, reflecting a decline of 14.12% compared to CNY 82,757,949.06 in 2012[25]. - The net cash flow from operating activities was CNY 95,465,985.33, which is an 18.22% decrease from CNY 116,740,855.29 in the previous year[25]. - The total operating revenue for the year is CNY 567,421,900, a decline of 10.18% year-on-year[36]. - The total profit for the year is CNY 92,562,300, down 7.05% from the previous year[36]. - The company achieved a gross profit margin of 41.99% in 2013, down from 43.24% in 2012[44]. - The total amount of non-operating income and expenses for the year is CNY 10,343,480.96, significantly higher than the previous year's CNY 4,616,716.56[32]. - The company maintained a stable profit distribution policy, proposing a cash dividend of RMB 2.00 per 10 shares for 2013, totaling RMB 62,400,000.00[105]. - In 2013, the cash dividend represented 76.65% of the net profit attributable to shareholders, which was RMB 81,412,366.53[107]. Assets and Liabilities - The total assets at the end of 2013 were CNY 977,823,783.81, representing a 4.15% increase from CNY 938,882,431.50 at the end of 2012[25]. - The company’s total liabilities at the end of 2013 were 500,000,000.00 CNY, with a debt-to-asset ratio of 51.1%[60]. - The company reported a net increase in cash and cash equivalents of 1,336,991.51 CNY, a turnaround from a decrease of 10,076,361.76 CNY in 2012, representing an increase of 113.27%[53]. - The total amount of raised funds is CNY 36,190.28 million, with CNY 3,126.52 million invested during the reporting period and a cumulative investment of CNY 15,463.75 million[73]. Sales and Production - The sales volume of Roots blowers decreased by 11.31% to 6,739 units, while production volume decreased by 7.21% to 7,015 units[39]. - The inventory of Roots blowers increased by 30.16% to 1,191 units due to delayed deliveries from some customers[39]. - The revenue from the slurry pump segment increased by 20.58% year-on-year, leading to a significant increase in inventory levels[40]. - The company’s sales expenses decreased by 12.79% to 49,523,587.62 CNY in 2013 compared to 2012[49]. Research and Development - Research and development expenditure for 2013 was 24,556,703.92 CNY, representing 4.33% of the audited operating income, an increase of 0.49% from 2012[50]. - The company has developed 16 new technologies that fill domestic gaps, enhancing the technical level of the Roots blower industry in China[61]. - The company has invested in 27 provincial-level technology innovation projects and 4 municipal science and technology plans in the past five years[61]. - The company is focusing on developing high-efficiency multi-stage centrifugal blowers and single-stage high-speed centrifugal blowers to meet the needs of the wastewater treatment industry[91]. Market Position and Strategy - The company has been recognized as a "most competitive brand" and has received multiple brand awards, enhancing its market position[66]. - The company aims to expand into pneumatic conveying, centrifugal blowers, and industrial pumps while leveraging synergies between its business segments[67]. - The company aims to maintain a growth rate of over 20% in export sales annually[97]. - The company plans to enhance its market share in the petrochemical and natural gas industries by developing special gas products[97]. Governance and Compliance - The company has been compliant with regulations and has established a robust governance structure to protect minority shareholders' rights[112]. - The company has not faced any administrative penalties during the reporting period, indicating a commitment to lawful operations[114]. - The governance structure complies with the requirements of the Company Law and the relevant regulations of the China Securities Regulatory Commission[173]. - The company has established a performance evaluation system for senior management, linking their compensation to the achievement of annual operational goals[199]. Shareholder Information - The company reported a total share count of 312,000,000, with 172,270,000 shares (55.21%) being subject to restrictions and 139,730,000 shares (44.79%) being unrestricted[128]. - The largest shareholder, Zhangqiu Public Asset Management Co., Ltd., holds 29.81% of the shares, totaling 93 million shares[136]. - The company has a total of 4,000,000 shares available for trading as unrestricted shares[138]. - The company’s stock was listed on the Shenzhen Stock Exchange on July 7, 2011, following the approval of its IPO by the China Securities Regulatory Commission[133]. Employee Information - As of December 31, 2013, the total number of employees in the company was 1,040[160]. - The employee distribution by professional structure shows that production personnel accounted for 63.46%, technical personnel 13.37%, and sales personnel 13.75%[161]. - The educational background of employees indicates that 20.29% hold a bachelor's degree or higher, while 23.08% have an associate degree[165]. - The age distribution of employees reveals that 39.33% are aged between 41-50 years, and 15.19% are 30 years old or younger[167].