LEAGUER(002243)2025-03-26 09:10Dividend and Financial Performance - The company plans to distribute a cash dividend of 0.7 RMB per 10 shares to all shareholders, based on a total of 1,210,604,219 shares[4]. - The company reported a total profit of RMB 174.05 million for the year 2024, with a net profit attributable to shareholders of RMB 245.46 million[168]. - The proposed cash dividend for 2024 is RMB 0.7 per 10 shares, totaling RMB 84.74 million, which represents 34.52% of the net profit attributable to shareholders[169]. - The total distributable profit at the end of 2024 is projected to be RMB 361.62 million, with cumulative undistributed profits amounting to RMB 227.65 million[169]. - The cash dividend amount accounts for 100% of the total profit distribution[168]. - The company’s operating revenue for 2024 was ¥2,320,918,013.53, a decrease of 7.75% compared to ¥2,515,807,672.54 in 2023[21]. - The net profit attributable to shareholders for 2024 was ¥245,461,822.04, down 25.41% from ¥329,092,282.55 in 2023[21]. - The company achieved a total operating revenue of CNY 2,320,918,013.53 in 2024, a decrease of 7.75% compared to CNY 2,515,807,672.54 in 2023[71]. - The net profit attributable to shareholders for 2024 was CNY 24,546,18, a decline of 25.41% year-on-year[71]. Corporate Governance and Compliance - The company’s board of directors and senior management have confirmed the accuracy and completeness of the annual report, taking legal responsibility for its content[4]. - The company has established a transparent communication mechanism with investors, utilizing various channels to maintain efficient interaction with the capital market[121]. - The company adheres to strict information disclosure practices, enhancing the quality and transparency of its annual report disclosures[127]. - The company has a monitoring committee that ensures compliance with financial reporting and supervises major investment decisions[126]. - The company has established an independent financial department with a complete accounting system, ensuring autonomous financial decision-making[130]. - The company has committed to maintaining compliance with legal and regulatory requirements in its information disclosure practices[165]. - The company has a total of 14 directors, supervisors, and senior management listed in the report[151]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with relevant laws and regulations[125]. - The company has no overlapping management with its controlling shareholders, ensuring no conflicts of interest[130]. Investment and Growth Strategy - The company aims to enhance its business model by promoting the transformation of scientific and technological achievements and nurturing innovation entities[31]. - The company completed 31 investment projects during the reporting period, with a total investment amount of approximately 260 million yuan, focusing on industries such as new energy materials, new generation information technology, biomedical, and advanced manufacturing[49]. - The company is positioned as a pioneer in China's technology venture capital sector, focusing on hard technology investments in fields such as new generation information technology and advanced manufacturing[36]. - The company aims to enhance the quality of listed companies in Shenzhen, targeting a total market value exceeding 15 trillion yuan by the end of 2027, with over 100 merger and acquisition projects and a total transaction value exceeding 30 billion yuan[7]. - The company plans to focus on technology innovation and the cultivation of strategic emerging industries as part of its future development strategy[109]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 100 million allocated for potential deals[1]. - The company plans to strengthen its industrial cultivation by promoting the rapid development of existing technology subsidiaries and enhancing its merger and acquisition capabilities[111]. Research and Development - The company’s R&D investment amounted to ¥128,179,613.87 in 2024, a decrease of 13.24% compared to ¥147,736,323.40 in 2023[87]. - The company is investing 50 million in R&D for new technologies aimed at enhancing product features and user experience[1]. - Research and development expenses increased by 30%, totaling $75 million, to support innovation and new technology initiatives[187]. - The company has committed to maintaining the accuracy and completeness of transaction-related disclosures and has not violated any commitments during the reporting period[182]. Market and Economic Environment - The macroeconomic environment in China showed an 8.3% increase in R&D expenditure in 2024, indicating a focus on high-quality development and technological innovation[30]. - In 2024, the national retail sales of cosmetics are projected to reach 435.7 billion yuan, indicating a significant market size despite recent fluctuations[38]. - The plastic packaging industry, which the company's subsidiary Lixing Technology operates in, is facing pressure due to market competition and economic conditions, with a need for differentiation to survive[38]. - The company acknowledges macroeconomic risks due to global political and economic uncertainties, which may impact its operations[113]. Operational Efficiency and Cost Management - The company reported a gross margin of 45%, up from 40% in the previous year, reflecting improved operational efficiency[1]. - Sales expenses decreased by 23.06%, from 114,949,773.64 CNY in 2023 to 88,438,760.70 CNY in 2024, mainly due to reduced salary-related expenses[84]. - Management expenses fell by 10.69%, from 291,488,097.75 CNY in 2023 to 260,330,070.07 CNY in 2024, attributed to lower salaries and travel costs[84]. - Financial expenses decreased by 12.55%, from 144,943,636.37 CNY in 2023 to 126,752,044.10 CNY in 2024, primarily due to a decline in average bank loan interest rates[84]. Employee and Talent Management - The company has established a comprehensive training system for employees at all levels, focusing on various training programs tailored to different roles[164]. - The company emphasizes a performance-linked compensation policy to attract and retain talent, aligning with its strategic development[163]. - The company has no retired employees requiring pension expenses, indicating a focus on current workforce management[162]. - The company is aware of talent retention risks in its knowledge-intensive industry and plans to implement incentive mechanisms to prevent talent loss[117]. Environmental and Social Responsibility - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 30% by 2025[1]. - The company has actively invested in research and development for green low-carbon technologies to support national carbon reduction goals[178]. - The company is committed to sustainability initiatives, aiming to reduce carbon emissions by 50% over the next five years[187]. Shareholder Engagement - The annual shareholders' meeting had a participation rate of 53.56% on April 16, 2024[131]. - The first extraordinary shareholders' meeting of 2024 had a participation rate of 51.52% on September 12, 2024[132]. - The company has implemented a multi-channel investor communication strategy, including an interactive platform and investor hotline[121].