TECHMATION(603015)2023-04-25 16:00Financial Performance - The net profit attributable to the parent company for 2022 was RMB 47,728,069.59, while the parent company achieved a net profit of RMB 83,300,593.02 after a 10% statutory surplus reserve of RMB 8,330,059.30 was deducted[6]. - The distributable profit for the parent company in 2022 was RMB 39,398,010.29, with a proposed cash dividend of RMB 0.05 per share based on a total share capital of 40,421,900 shares[6]. - The company's operating revenue for 2022 was CNY 732.96 million, a decrease of 21.61% compared to CNY 934.97 million in 2021[28]. - The net profit attributable to shareholders for 2022 was CNY 47.73 million, down 46.27% from CNY 88.83 million in 2021[28]. - The basic earnings per share for 2022 was CNY 0.12, a decline of 45.45% from CNY 0.22 in 2021[30]. - The weighted average return on equity for 2022 was 3.63%, a decrease of 3.26 percentage points from 6.89% in 2021[30]. - The net cash flow from operating activities for 2022 was CNY 73.17 million, down 24.15% from CNY 96.46 million in 2021[28]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which was CNY 27.85 million, down 63.56% from CNY 76.43 million in 2021[28]. Risk Management - The company reported no significant risks that could materially affect its operations during the reporting period[11]. - The company has a comprehensive risk management strategy in place to address potential operational risks[11]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[8]. - There were no violations of decision-making procedures regarding external guarantees during the reporting period[9]. - The company faces risks of declining gross margins due to intensified market competition and fluctuations in commodity prices affecting electronic component supply costs[120]. - As of December 31, 2022, accounts receivable accounted for 17.77% of total current assets, posing a risk of asset loss if not collected on time, although the company has implemented robust accounting policies to mitigate this risk[120]. Market Strategy and Expansion - The company is focused on expanding its market presence and enhancing its product offerings through technological advancements[19]. - The company is actively pursuing new strategies for growth, including potential mergers and acquisitions[19]. - The company is actively expanding into the Taiwanese market, addressing local electricity shortages with its energy storage solutions[45]. - The company is collaborating with local system integrators in Taiwan to promote its EDO home energy storage systems[45]. - The company is actively expanding its market presence, with business operations extending to regions such as the UAE, Turkey, and Poland in 2022[69]. - The company plans to focus on expanding its market presence and developing new technologies to improve future performance[30]. Research and Development - R&D investment accounted for 9.68% of total revenue in 2022, with 46% of employees engaged in research and development activities[63]. - The company has developed a modular home energy storage system (EDO series) that can be expanded and is designed for safety and longevity, utilizing lithium iron phosphate batteries[60]. - The company has established a comprehensive R&D system across multiple locations, enhancing its technological capabilities and market responsiveness[62]. - The company is continuously developing a new generation control system and actuator to meet industry demands, which is expected to broaden market space[86]. Corporate Governance - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with governance standards and effective decision-making[127]. - The company has established a long-term mechanism to enhance governance levels and promote healthy development[133]. - The company has implemented a cash dividend policy in accordance with its profit distribution regulations, emphasizing the importance of investor returns[129]. - The company has developed a robust investor relations management system to facilitate communication and protect investor interests[129]. - The company adheres to strict information disclosure practices, ensuring transparency and equal access to information for all shareholders[130]. - The company will continue to enhance corporate governance in accordance with regulatory requirements, aiming to improve operational standards and protect shareholder rights[133]. Social Responsibility and Environmental Commitment - The company invested 11.59 million yuan in environmental protection during the reporting period[178]. - The company reduced carbon emissions by 90 tons through various measures, including the use of low-energy equipment and distributed photovoltaic power generation[182]. - Total social responsibility investment amounted to CNY 176,600, with CNY 140,000 allocated to financial support for Sichuan Meigu County and CNY 36,600 for material donations[191]. - The company has organized various public welfare activities, including blood donation and material donations, enhancing its social image[190]. Employee Development - The total number of employees in the parent company and major subsidiaries is 714, with 291 in the parent company and 423 in subsidiaries[161]. - The company has a structured training plan that includes various training activities aimed at talent development and employee value enhancement[163]. - The company has established a comprehensive talent development mechanism, focusing on employee training and growth, ensuring a healthy work environment[189]. Financial Management - The company reported total assets of RMB 86.32 million and a net profit of RMB -1.95 million for Shanghai Qiao Hong Company[103]. - The company achieved a net profit of RMB 1.71 million for Hongxun Software Company, with total assets of RMB 24.80 million[103]. - The company has made significant investments in fixed assets, which will lead to increased depreciation expenses, potentially affecting overall profitability in the short term[120]. - The company reported a significant decrease in short-term borrowings by 53.54% to ¥144,289,519.36, reflecting improved liquidity management[91]. Shareholder Engagement - The company plans to implement a shareholder return plan for the years 2022-2026[133]. - The company has not proposed a cash profit distribution plan for the reporting period, as it has a positive distributable profit[171]. - The company has a profit distribution policy that emphasizes sustainable development and maintaining shareholder rights[166]. - The total remuneration paid to directors, supervisors, and senior management in 2022 amounted to 8.5925 million yuan (pre-tax)[147].