CAMCE(002051)2023-04-21 16:00Financial Performance - The company's operating revenue for 2022 was ¥9,717,238,611.01, representing a 12.47% increase compared to ¥8,639,764,504.93 in 2021[23]. - The net profit attributable to shareholders for 2022 was ¥334,015,345.71, an 18.26% increase from ¥282,440,562.66 in 2021[23]. - The net profit after deducting non-recurring gains and losses was ¥295,930,564.96, showing a significant increase of 154.20% compared to the previous year[23]. - The cash flow from operating activities for 2022 was ¥251,596,672.14, a turnaround from a negative cash flow of ¥414,671,226.59 in 2021, marking a 160.67% improvement[23]. - The total assets at the end of 2022 were ¥21,851,117,727.72, a slight decrease of 0.89% from ¥22,046,369,269.04 at the end of 2021[23]. - The company achieved a revenue of 9.717 billion yuan in 2022, representing a year-on-year growth of 12.47%[64]. - The net profit attributable to shareholders reached 334 million yuan, an increase of 18.26% year-on-year[64]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 296 million yuan, showing a significant growth of 154.20%[64]. - The company's total operating revenue for 2022 was approximately 9.72 billion yuan, representing a year-on-year increase of 12.47%[87]. - The engineering contracting and complete equipment segment accounted for 62.13% of total revenue, while the domestic and foreign trade segment saw a significant increase of 59.69% year-on-year[87]. Dividend Distribution - The company plans to distribute a cash dividend of 1.2 RMB per 10 shares to all shareholders based on a total share capital of 1,237,408,937 shares as of December 31, 2022[5]. - The cash dividend distribution plan for 2022 is set at CNY 1.2 per 10 shares, totaling CNY 148,489,072.44, which represents 100% of the distributable profit[196]. - The total distributable profit for the parent company in 2022 was CNY 5,853,887,124.15, after accounting for the legal surplus reserve and previous year's dividends[196]. Business Operations - The company has not reported any changes in its main business since its listing, maintaining its focus on engineering and construction services[22]. - The company continues to focus on new infrastructure projects, including areas such as 5G and artificial intelligence[15]. - The company has not disclosed any significant mergers or acquisitions in the recent reporting period[18]. - The company employs an EPC model for its engineering contracting business, integrating design, equipment, and construction resources for overseas projects[48]. - The company has established over 70 overseas offices, completing hundreds of large-scale turnkey projects across various regions including Asia, Africa, and Eastern Europe[41]. - The company has established over 70 overseas branches and 40 domestic branches, covering more than 100 countries and regions, enhancing its market development capabilities[57]. - The company has ongoing projects in Laos, with a significant investment in the Vientiane Riverside Comprehensive Development Project valued at ¥740,586,946.44[109]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future plans and development strategies[5]. - The company is committed to ensuring the accuracy and completeness of its financial reports, with key personnel affirming the integrity of the annual report[4]. - The company has made significant progress in risk management and compliance, continuously improving its risk prevention system[85]. - The company is enhancing its risk management framework, focusing on compliance and monitoring overseas project risks, particularly in politically unstable regions[145]. - The company has established strict internal control systems for foreign exchange derivative transactions to mitigate risks associated with currency fluctuations[126]. - The internal control system has been established and effectively implemented to ensure compliance with laws and regulations, safeguarding assets and ensuring the accuracy of financial reporting[198]. Innovation and Technology - The company aims to enhance its business innovation and transformation, focusing on high-quality development in line with the "14th Five-Year Plan" strategy[32]. - The company is focusing on the development of advanced engineering technology and aims to enhance digital transformation in the construction industry during the 14th Five-Year Plan period[43]. - The company has established a comprehensive technology innovation system, with a focus on engineering technology innovation and the development of high-tech products[82]. - The company plans to develop smart firefighting systems and logistics solutions, with project completion expected by 2025[103]. - The company is committed to enhancing its technological capabilities and maintaining its leading position in the industry through research and development of key core equipment[142]. - The company is focusing on digital transformation, aiming to improve design digitization and integrate new information technologies with traditional industries[144]. Market Expansion - The company is actively expanding into new markets, successfully signing contracts in countries like Indonesia, the Philippines, and Nepal[69]. - The new contract value for international engineering contracting business reached 9.350 billion as of the end of 2022[70]. - The company is focusing on key sectors such as oil and gas, new energy, and healthcare in its international expansion strategy[91]. - The company is pursuing a strategy of market expansion and professional capability enhancement to solidify its position in the international engineering contracting market[146]. Corporate Governance - The company has established a transparent performance evaluation system for senior management, linking compensation closely to performance, which enhances motivation and supports long-term development[156]. - The company actively respects and maintains the rights of stakeholders, balancing the interests of shareholders, employees, and society[157]. - The company has a complete and independent financial management system, with dedicated accounting personnel and independent decision-making in financial matters[160]. - The company has not faced any regulatory actions or required rectifications during the reporting period, indicating a stable governance situation[153]. - The company ensures equal treatment of all shareholders, particularly small and medium shareholders, during the shareholder meetings, with related shareholders abstaining from voting on related party transactions[154]. Employee Development - The total number of employees at the end of the reporting period was 4,329, with 415 in the parent company and 3,914 in major subsidiaries[189]. - The professional composition includes 3,052 technical personnel, 413 production personnel, and 326 sales personnel[190]. - The company has implemented a training program focused on enhancing employee skills in market development and project execution[194]. - The company adheres to a performance-oriented compensation policy, linking employee income to corporate and individual performance[192]. Environmental and Social Responsibility - The company maintains a commitment to environmental and social responsibility as part of its operational strategy[5]. - The company is focusing on urban renewal and low-carbon resilience technologies, aligning with national development strategies[103]. - The company aims to significantly expand its investment and operation in environmental engineering, particularly in water treatment and solid waste management[143].