Tricolor(603516)2023-03-21 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares, totaling approximately 18.18 million RMB based on the current total share capital of 185,187,562 shares, excluding 3,343,000 shares in the repurchase account[6]. - The company has maintained a consistent dividend distribution ratio, with adjustments to the total amount based on changes in total share capital before the dividend distribution date[6]. - The company declared a cash dividend of CNY 1.00 per 10 shares, totaling CNY 18,184,456.20, which represents 62.02% of the net profit attributable to ordinary shareholders in the consolidated financial statements[123]. - The total amount of cash dividends, including share repurchases, reached CNY 58,186,659.20, exceeding the net profit attributable to ordinary shareholders by 198.45%[123]. Financial Performance - In 2022, the company's operating revenue decreased by 18.65% to CNY 380.81 million compared to CNY 468.10 million in 2021[23]. - The net profit attributable to shareholders dropped by 64.72% to CNY 29.32 million from CNY 83.11 million in the previous year[23]. - The net cash flow from operating activities was CNY 40.24 million, a decline of 59.82% from CNY 100.14 million in 2021, indicating challenges in cash generation[23]. - The weighted average return on equity decreased to 2.79% from 7.95% in 2021, reflecting a significant decline in profitability[25]. - The basic earnings per share fell to CNY 0.16, down 64.44% from CNY 0.45 in 2021[25]. - The comprehensive gross profit margin for the reporting period was 51.62%, a decrease of 6.3 percentage points year-on-year, primarily due to rising costs of components like chips[57]. Research and Development - Research and development expenses amounted to CNY 72.16 million, representing 18.95% of total revenue, an increase of 4.83 percentage points from the previous year[26]. - The company filed for 22 new patents, bringing the total authorized patents to 74, including 37 invention patents, highlighting its commitment to innovation[26]. - The company is advancing its self-developed professional audio and video processing chip project, aiming to enhance competitiveness in the domestic market[26]. - The company plans to continue investing in AI visual analysis and XR digital interaction technologies to meet diverse customer needs[26]. - The company is focusing on the development of new technologies such as AR and VR to enhance its product offerings in the audio-visual control sector[84]. Market and Industry Outlook - The demand structure in key sectors such as national defense, government, emergency management, and healthcare is expected to accelerate, driven by policies like the "14th Five-Year Plan" and "New Infrastructure" initiatives[35]. - The professional audio and video control industry is expected to grow steadily, supported by national policies and the rapid development of emerging industries like VR/AR and new energy vehicles[39]. - The market for display control products is expected to grow due to increasing demand for digital governance and smart city initiatives[82]. - The company anticipates that the commercialization of 5G will expand its display control application scenarios significantly[83]. Corporate Governance - The company has a standard unqualified audit report issued by Lixin Certified Public Accountants[5]. - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[8]. - The company has established measures to ensure compliance with commitments made during the IPO process to protect investor interests[150]. - The company has implemented a performance evaluation system for its directors and senior management, ensuring timely payment of remuneration[105]. - The company has established specialized committees, including the audit, nomination, compensation, and strategic committees, to enhance governance[111]. Risks and Challenges - The company has not identified any significant risks that could materially affect its operations during the reporting period[8]. - The company faces risks related to macroeconomic fluctuations that could impact demand from various sectors, including government and defense[93]. - Rising raw material costs pose a risk to the company's operating performance, as fluctuations in prices directly affect product costs[94]. - The company anticipates management challenges due to rapid expansion, necessitating upgrades in resource integration and internal controls[94]. Shareholder Information - The company reported a total shareholding of 74,807,240 shares at the end of the reporting period, a decrease of 437,600 shares compared to the beginning of the year[99]. - The largest shareholder, He Shida, holds 53,217,920 shares, representing 28.74% of the total shares[186]. - The company completed the repurchase and cancellation of 1,376,200 shares from incentive objects that did not meet the conditions during 2022[183]. - The company has no restrictions on the sale of shares held by shareholders as of the report date[189]. Employee and Organizational Structure - The total number of employees in the company and its main subsidiaries is 674, with 209 in the parent company and 465 in subsidiaries[115]. - The company has established a competitive salary system based on market, position, ability, and performance to support sustainable growth[117]. - The company has a training program that includes new employee training, technical courses, and management training to enhance employee skills and understanding of company culture[118]. - The number of R&D personnel was 192, making up 28.49% of the total workforce[68]. Compliance and Legal Matters - The company has not faced any penalties from securities regulatory authorities in the past three years[107]. - There were no significant lawsuits or arbitration matters during the reporting period[164]. - The company did not face any delisting risk or bankruptcy reorganization issues during the reporting period[164]. - The company has not reported any risks identified by the supervisory board during the reporting period[114].