LEEJUN(SZ:002651)2014-04-17 16:00Financial Performance - The company's operating revenue for 2013 was CNY 883,700,750.83, representing a 9.85% increase compared to CNY 804,468,244.96 in 2012[24]. - The net profit attributable to shareholders for 2013 was CNY 311,161,939.15, which is a 6.20% increase from CNY 292,989,114.15 in the previous year[24]. - The basic earnings per share for 2013 was CNY 0.78, up 6.85% from CNY 0.73 in 2012[24]. - The company achieved an operating revenue of 884 million yuan in 2013, representing a year-on-year increase of 9.85%[33]. - The net profit attributable to shareholders was 311 million yuan, up 6.20% compared to the previous year[33]. - The company’s operating profit reached 362 million yuan, reflecting an 11.21% increase year-on-year[33]. - The total operating revenue for the machinery manufacturing industry was ¥779,611,819.24, representing a year-on-year increase of 9.43%[50]. - The gross profit margin for the machinery manufacturing industry was 50.03%, an increase of 0.76% compared to the previous year[50]. - The company's net profit for 2013 was reported at CNY 296.33 million, with a legal reserve of CNY 29.63 million set aside[101]. Cash Flow and Assets - The net cash flow from operating activities decreased by 14.96% to CNY 202,263,554.86 from CNY 237,854,841.88 in 2012[24]. - Total assets at the end of 2013 were CNY 2,524,071,854.64, a decrease of 4.29% from CNY 2,637,310,574.84 at the end of 2012[24]. - The net cash flow from financing activities decreased by ¥345,980,297.17 year-on-year, primarily due to cash dividend distribution during the reporting period[50]. - The cash and cash equivalents net increase was -302.28 million yuan, a significant decline of 600.91% year-on-year[34]. - The company's cash and cash equivalents accounted for 58.62% of total assets at the end of 2013, down from 66.51% at the end of 2012, a decrease of 7.89%[52]. Research and Development - Research and development expenses rose to 28.28 million yuan, an increase of 18.84% from the previous year[34]. - The company's R&D expenditure reached ¥28,282,789.43, an increase of 18.84% from ¥23,798,466.44 in 2012, accounting for 3.20% of total revenue[47]. - The company obtained 5 invention patents and 14 utility model patents during the reporting period, enhancing its technological advantage[35]. - The company has developed 71 national patents, including 13 invention patents, and has multiple patents pending[61]. - The company invested ¥914.60 million in the new product R&D center, with a total planned investment of ¥1 billion, achieving 23.84% of the project completion[85]. Market and Sales Performance - The sales volume of high-pressure roller mills in the mining sector increased by 236.36%, with 37 units sold compared to 11 units in the previous year[36]. - The sales revenue from roller press series products was 714.37 million yuan, contributing significantly to the overall revenue[36]. - The revenue from high-pressure roller mills (mining) surged by 182.66% year-on-year, reaching ¥197,579,649.63[50]. - The total orders received amounted to ¥100,301.41 million, a decrease of 8.94% compared to ¥110,146.50 million in 2012[38]. - The execution of orders in 2013 totaled ¥100,084.41 million, representing a significant increase of 40.48% from ¥71,245.13 million in 2012[38]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 6.80 per 10 shares to all shareholders[5]. - The company declared a cash dividend of CNY 272,680,000.00 for the year 2013, which represents 100% of the total distributable profit[103]. - The net profit attributable to the parent company for 2013 was CNY 296,333,367.55, with a cash dividend payout ratio of 87.63% in 2013[103]. - The total number of shares for the dividend distribution is 401,000,000, with a proposed cash dividend of CNY 6.80 per 10 shares[103]. Risks and Challenges - The company faced risks including economic policy adjustments and fluctuations in raw material prices, which could impact future performance[13]. - The company is committed to developing high-efficiency, energy-saving, and environmentally friendly grinding technologies to strengthen its market position[91]. - The company faces risks related to economic policy adjustments that could impact its operations in the cement and mining sectors[94]. - The company is also exposed to risks from fluctuations in raw material prices, which could adversely affect its financial performance[95]. Corporate Governance and Compliance - The company has established a comprehensive internal control system covering management, operations, finance, and information disclosure[171]. - The independent directors receive an annual allowance of 50,000 RMB each, as per the resolution of the 2009 annual general meeting[160]. - The company has not faced any penalties or accountability issues related to annual report information disclosure during the reporting period[200]. - The company operates independently from its controlling shareholder in terms of business, personnel, assets, organization, and finance[189]. - The company has established a performance evaluation and incentive mechanism for directors, supervisors, and senior management, ensuring transparency and compliance with regulations[173]. Shareholder Information - The largest shareholders include He Yamin with 36.21% (145,199,999 shares) and He Jia with 35.01% (140,400,000 shares)[143]. - The company’s shares were listed on January 6, 2012, following the approval of the China Securities Regulatory Commission[139]. - The company had a total of 401,000,000 shares, with 339,599,999 shares (84.69%) being subject to limited sale conditions after a reduction of 20,400,001 shares[137]. - The number of shareholders increased to 23,544 by the end of the reporting period, compared to 19,293 five trading days prior[143]. Legal and Regulatory Matters - The company is involved in ongoing litigation with a total claim amount of CNY 11,039,600.00 related to equipment damages and operational losses[106]. - The company has received a court ruling regarding a patent dispute, which does not impose any financial liability on the company[106]. - There were no significant social safety issues or administrative penalties reported during the period[104]. - The company has not engaged in any financial advisory services during the reporting period[128].