SACRED SUN(002580)2023-04-24 16:00Financial Performance - The company's operating revenue for 2022 was CNY 2,796,260,106, representing a 33.76% increase compared to CNY 2,090,524,718.71 in 2021[21]. - Net profit attributable to shareholders reached CNY 136,249,133.92, a significant increase of 301.31% from CNY 33,951,426.48 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 102,930,123.20, showing a remarkable growth of 3,665.12% compared to CNY 2,733,778.45 in 2021[21]. - The cash flow from operating activities improved to CNY 187,712,586.37, a turnaround from a negative cash flow of CNY -101,571,163.43 in 2021, marking a 284.81% increase[21]. - Basic earnings per share increased to CNY 0.30, up 328.57% from CNY 0.07 in the previous year[21]. - The company's total revenue for the industrial sector reached ¥2,796,260,106, representing a year-on-year increase of 33.76%[47]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a 20% growth compared to the previous year[125]. - The company has set a performance guidance for 2023, projecting a revenue growth of 20% and a net profit increase of 25%[118]. Dividends and Profit Distribution - The company reported a cash dividend of 0.19 RMB per 10 shares for all shareholders, based on a total share capital of 453,868,993 shares[4]. - The company plans to distribute a cash dividend of 0.19 CNY per 10 shares, totaling 8,623,510.87 CNY, which represents 100% of the profit distribution[149]. Business Strategy and Expansion - The company is focused on expanding its business scope to include energy-saving products and technologies, as indicated by its historical changes in business operations[18]. - The company has expanded its business scope to include battery management systems and energy internet technology, indicating a strategic focus on renewable energy solutions[21]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[125]. - The company plans to enhance its market presence through strategic investments in new technologies and product development in the energy sector[78]. - The company is actively participating in the construction of new energy infrastructure to meet the growing demand for clean energy solutions[80]. Research and Development - The company has established a comprehensive R&D system, with over 300 patents filed, including more than 30 invention patents, enhancing its competitive edge in the industry[35]. - The company is committed to increasing R&D investment to accelerate the development of new lithium battery products and innovative technologies[92]. - Investment in R&D for new technologies increased by 30%, focusing on lithium battery innovations and energy storage solutions[125]. - The company has allocated 500 million for research and development in 2023, a 50% increase from the previous year[118]. Risk Management - The company acknowledges various risks including macroeconomic fluctuations, industry policy changes, and intensified market competition, which could impact future performance[4]. - The company is closely monitoring macroeconomic fluctuations and is actively promoting technological and management innovations to mitigate potential impacts on performance[93]. - The company is enhancing its foreign exchange risk management practices to address uncertainties related to currency fluctuations in its overseas operations[95]. Environmental Responsibility - The company has maintained compliance with environmental protection regulations and holds necessary permits for its operations[157]. - The company invested CNY 5.69 million in environmental governance and protection in 2022, and paid an environmental protection tax of CNY 10,750.16[165]. - The company generated 2.7059 million kWh of electricity from its photovoltaic solar power facilities in 2022, all of which was used for production operations, effectively reducing carbon emissions[165]. - The company received the "Shandong Province Clean Production Advanced Unit" award for its commitment to environmental protection and sustainable practices, including energy management and waste reduction[175]. Corporate Governance - The company maintains a transparent information disclosure process, utilizing multiple channels to communicate effectively with investors[106]. - The company has established an independent financial department and accounting system, ensuring no interference from controlling shareholders in financial activities[113]. - The company has a clear property relationship with its controlling shareholders, ensuring complete control over its assets[111]. - The company’s governance structure includes a clear decision-making process for remuneration, ensuring transparency and accountability[129]. Employee Management - The total number of employees at the end of the reporting period is 2,242, with 2,049 from the parent company and 193 from major subsidiaries[141]. - The company has established comprehensive employee management policies, including recruitment and compensation management, to ensure fair employment and benefits for employees[169]. - The company conducted 24 training sessions for new employees in 2022, with 412 participants, and 154 training sessions for key employees covering various fields[144]. Market Presence and Sales - The company expanded its overseas market presence, covering over 130 countries and regions, enhancing brand recognition internationally[39]. - Domestic sales accounted for 77.59% of total revenue, increasing by 44.98% year-on-year, while international sales grew by 5.50%[45]. - The revenue from backup batteries surged by 88.28% to CNY 696 million, while revenue from power batteries decreased by 17.28% to CNY 297 million[45]. Financial Health - The company's total assets at the end of 2022 were CNY 3,031,054,099.85, reflecting a 19.72% increase from CNY 2,531,876,234.36 at the end of 2021[21]. - The company's net assets attributable to shareholders rose to CNY 1,860,084,514.35, a 7.42% increase from CNY 1,731,633,319.60 in 2021[21]. - The company's total assets included cash and cash equivalents of ¥797,673,518.68, representing 26.32% of total assets, up from 23.24% in the previous year[64].