WANYI SCIENCE(688600)2023-04-25 16:00Financial Performance - The company's operating revenue for 2022 was CNY 675,400,919.10, representing a year-on-year increase of 20.08% compared to CNY 562,452,406.95 in 2021[23]. - The net profit attributable to shareholders of the listed company was CNY 47,810,493.36, a slight increase of 0.69% from CNY 47,483,382.05 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 26.54% to CNY 10,382,774.42 from CNY 14,134,536.84 in 2021[23]. - The company's total assets increased by 6.16% to CNY 1,234,866,138.32 at the end of 2022, up from CNY 1,163,195,049.85 at the end of 2021[23]. - The company's total non-recurring gains and losses for 2022 amounted to 37.43 million RMB, compared to 33.35 million RMB in 2021[30]. - The company reported a loss of 296,767.11 RMB from the disposal of non-current assets in 2022[30]. - The company's trading financial assets decreased by 11.29 million RMB, with a profit impact of 9.72 million RMB[32]. - The company reported a total revenue of 44,573 million RMB, with a net profit of 12,455.03 million RMB, indicating a significant performance in the fiscal year[89]. Dividend Policy - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares, totaling approximately 26,754,526.00 RMB, which represents 55.96% of the net profit attributable to shareholders for 2022[4]. - The proposed cash dividend for 2022 is CNY 2.0 per 10 shares, totaling CNY 26,754,526.00, which represents 55.96% of the net profit[194]. - The cash dividend policy prioritizes cash distribution, with a minimum of 80% for mature companies without major capital expenditures[191]. - The company has established a clear profit distribution policy that aligns with regulatory requirements and protects minority shareholders' rights[195]. - The company completed the 2021 profit distribution plan, distributing CNY 2.00 per 10 shares, totaling CNY 26,668,000, which was 56.16% of the 2021 net profit[194]. Research and Development - The company's R&D expenditure accounted for 19.87% of operating revenue, a decrease of 0.99 percentage points from 20.86% in 2021[24]. - In 2022, the company's R&D investment totaled 134.22 million RMB, an increase of 14.42% year-on-year[36]. - The company employed 429 R&D personnel by the end of 2022, accounting for 34.96% of the total workforce[36]. - The company has developed several core technologies, including ultra-low emission online monitoring technology and volatile organic compounds analysis technology, which are at the product stage and are considered domestically leading[69][70]. - The company has established a strong R&D team with expertise in various fields, enhancing its competitive edge in the environmental monitoring instrument sector[94]. Market Expansion and Product Development - The company plans to continue launching new products and expanding market efforts to drive revenue growth[25]. - The company launched several new products, including the LG7100 laser gas analyzer and a series of online monitoring systems, enhancing its product line[37]. - The company achieved revenue of 28,923.94 million yuan in the leak detection instrument sector, representing a year-on-year growth of 52.28%[41]. - The company is focusing on the semiconductor sector by enhancing product performance to meet industry detection needs[42]. - The company is actively pursuing the development of ultrasonic surgical knives and has entered the prototype development stage[39]. Governance and Compliance - The company has established a comprehensive governance structure, including various internal control systems, which are effectively implemented[150]. - The board of directors consists of 7 members, with 3 independent directors, meeting legal requirements and ensuring effective governance[152]. - The supervisory board held 10 meetings during the reporting period, maintaining compliance with legal and regulatory requirements[153]. - The company has revised and improved its governance documents in accordance with changes in relevant laws and regulations[150]. - Independent directors actively participated in decision-making and provided independent opinions on significant matters[152]. Risk Management - The company has detailed various risks and countermeasures in the report, which can be found in the section discussing operational conditions and risk factors[3]. - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute substantive commitments to investors, highlighting the importance of investment risk awareness[5]. - The company faces risks related to management scalability as it expands, which could weaken its market competitiveness if management does not adapt accordingly[100]. - The company is facing potential short-term challenges due to increased import restrictions on core components from the U.S. amid ongoing trade tensions[67]. Employee and Talent Development - The company emphasizes talent development and has established a talent development center to enhance team capabilities[43]. - The company has a structured training program for employees at different levels to enhance management skills and leadership capabilities[188]. - The company has established a performance management system linked to bonuses, aimed at enhancing motivation among sales and R&D staff[187]. - Total compensation for R&D personnel reached 89.34 million RMB, with an average salary of 19.85 million RMB, compared to 17.83 million RMB last year[92]. Strategic Initiatives - The company aims to leverage opportunities from "import substitution" and "carbon peak, carbon neutrality" initiatives to enhance product development in industrial testing, environmental protection, and laboratory analysis instruments[143]. - The company plans to strengthen its R&D efforts in high-end scientific instruments, focusing on independent intellectual property rights and collaboration with renowned universities and research institutions[145]. - A digital transformation initiative will be implemented to improve efficiency across supply chain, warehousing, production, and human resources[147]. - The company aims to establish a national collaborative control monitoring network to improve the management of air quality and pollution sources[84].