ZWSOFT(688083)2025-04-21 11:05Dividend and Capital Structure - The company plans to distribute a cash dividend of 5.00 CNY per 10 shares (including tax), totaling approximately 60.35 million CNY, which accounts for 94.35% of the net profit attributable to shareholders for 2024[5]. - The company intends to increase its total share capital by 48,280,748 shares through capital reserve conversion, raising the total share capital to 169,584,547 shares[5]. - The profit distribution plan has been approved by the board and requires approval from the 2024 annual general meeting of shareholders to be implemented[6]. Financial Performance - The company reported a revenue of RMB 1.5 billion for the fiscal year 2024, representing a year-over-year growth of 20%[13]. - The company reported a significant increase in revenue, achieving a total of 688 million CNY for the fiscal year, representing a growth of 25% year-over-year[16]. - The company's operating revenue for 2024 reached ¥888,057,263.42, representing a year-on-year increase of 7.31% compared to ¥827,590,280.49 in 2023[22]. - The net profit attributable to shareholders for 2024 was ¥63,964,303.34, up 4.17% from ¥61,406,393.21 in 2023[22]. - The basic earnings per share for 2024 was ¥0.53, a 3.92% increase from ¥0.51 in 2023[23]. - The weighted average return on equity improved to 2.40% in 2024, up from 2.26% in 2023, an increase of 0.14 percentage points[23]. User and Market Growth - User data indicates an increase in active users by 15% compared to the previous year, reaching a total of 2 million users[13]. - User data indicates that the company has expanded its customer base by 15%, reaching a total of 1.2 million active users[16]. - The company has set a revenue guidance of RMB 1.8 billion for the next fiscal year, projecting a growth rate of 20%[13]. - The company aims to improve operational efficiency by 15% through the implementation of new manufacturing technologies[13]. Product Development and R&D - The company is investing RMB 200 million in R&D for new technologies, focusing on AI integration in CAD software[13]. - The company is investing in R&D, with a budget allocation of 10% of total revenue aimed at enhancing software capabilities and developing new technologies[16]. - The company has established seven R&D centers globally, including locations in Guangzhou, Wuhan, Shanghai, Beijing, Xi'an, Florida, and London, focusing on CAx core technology development[72]. - The company has applied for 20 invention patents and obtained 43 during the reporting period, bringing the total to 119 invention patents[118]. Market Expansion and Strategic Partnerships - Market expansion plans include entering Southeast Asia, with a target revenue contribution of RMB 300 million by 2025[13]. - The company is exploring potential acquisitions to enhance its software portfolio, with a budget of RMB 500 million allocated for this purpose[13]. - A new strategic partnership has been established with a leading educational institution to promote the use of its software in schools[13]. - The company is enhancing its sales network and channel partnerships to improve market coverage and sales capabilities[41]. Challenges and Risks - The company’s education business faced challenges, resulting in a decline in revenue due to resource constraints and tightened customer budgets[42]. - The company faces risks related to talent retention, as the industrial software sector is highly dependent on skilled personnel[145]. - The company operates in over 90 countries, exposing it to currency fluctuation risks that could impact profit levels[147]. Awards and Recognition - The company received multiple awards, including the "Single Champion Enterprise" recognition for its domestic CAD software in 2024[117]. - ZWCAD received the Best Software Award from G2.com, indicating growing recognition of the company's products globally[65]. Future Outlook - The overall market outlook remains positive, with expected growth in the CAD/CAM/CAE sectors driven by increased demand for digital solutions[13]. - The company aims to become a global leader in digital innovation in the R&D design field with its vision of creating a reliable All-in-One CAx solution[200]. - The company aims to leverage AI technologies to accelerate the intelligent development of industrial software, enhancing capabilities in design, simulation, and decision analysis[103].