HENGDA(002591)2023-04-25 16:00Financial Performance - The company reported a total revenue of RMB 1.5 billion for the year 2022, representing a year-on-year increase of 10%[17]. - The net profit attributable to shareholders was RMB 200 million, a decrease of 15% compared to the previous year[17]. - The company's operating revenue for 2022 was ¥373,823,358.24, a decrease of 29.22% compared to ¥528,159,338.07 in 2021[24]. - The net profit attributable to shareholders for 2022 was -¥62,403,309.80, representing a decline of 439.43% from ¥18,384,850.13 in 2021[24]. - The basic earnings per share for 2022 was -¥0.2079, down 442.50% from ¥0.0607 in 2021[24]. - The total operating revenue for 2022 was ¥373,823,358.24, a decrease of 29.22% compared to ¥528,159,338.07 in 2021[67]. - The revenue from the energy-saving and environmental protection sector was ¥211,883,004.89, accounting for 56.68% of total revenue, down 27.26% from the previous year[67]. - Internet marketing revenue decreased by 33.95% to ¥146,812,982.51, representing 39.27% of total revenue[67]. - The company reported a significant decline in the garbage furnace protection segment, with revenue dropping 45.10% to ¥49,249,032.63[67]. - The company reported a total revenue of 21,645.59 million CNY, with a net profit of 1,294.59 million CNY, reflecting a significant growth compared to the previous year[102]. - The company reported a total revenue of 195.47 million for the year 2022[156]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 1 million users by the end of 2022[17]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share within the next two years[150]. - The company is expanding its market presence by entering two new provinces in China, aiming to increase market share by 5%[17]. - The revenue from the North China region surged by 259.42% to ¥80,955,586.48, while the South China region saw a decline of 57.73% to ¥84,077,913.65[68]. Research and Development - The company plans to invest RMB 300 million in research and development for new technologies in 2023, focusing on energy-saving and environmental protection solutions[17]. - The company has developed a cold welding technology (HCMT) that can extend the lifespan of waste incineration furnace components by 6 to 8 times, addressing severe corrosion issues[46]. - The company has established a first-class R&D center and a post-doctoral research station, with over 20 post-doctoral researchers having passed through, enhancing its research capabilities[54]. - The company is currently developing a new high-temperature resistant coating that can withstand temperatures of 850°C, enhancing product performance[77]. - The company is focusing on enhancing its technological capabilities to provide high-quality services to customers, aligning with its core value of "customer first, striving for excellence"[106]. - The company plans to enhance its core competitiveness by optimizing its R&D innovation system and establishing a "technology center + subsidiary technology department" management structure[108]. Strategic Partnerships and Acquisitions - The company has initiated a strategic partnership with a leading technology firm to enhance its product offerings in the acoustic technology sector[17]. - The company is exploring potential mergers and acquisitions to strengthen its position in the renewable energy market[17]. - A strategic acquisition of a local tech firm is anticipated to enhance the company's R&D capabilities and product offerings[150]. - The company acquired 100% equity of Jiangxi Zhongkai Electric Power Co., Ltd. for ¥1.1 million in August 2022, which was included in the consolidated financial statements[72]. Risk Management - Major risks identified for the upcoming year include regulatory changes and market competition, with strategies in place to mitigate these risks[5]. - The company reported a negative net profit for the last three accounting years, indicating uncertainty in its ability to continue as a going concern[24]. Corporate Governance - The company maintains a governance structure that complies with relevant laws and regulations, ensuring effective operation of the shareholders' meeting, board of directors, and supervisory board[120]. - The board consists of seven directors, including three independent directors, ensuring compliance with legal and regulatory requirements[121]. - The company emphasizes independent operations, with no interference from the controlling shareholder in decision-making or operational activities[122]. - The company has established a performance evaluation and incentive mechanism linking executive compensation to business performance[123]. - The company has independent business, asset, personnel, institutional, and financial operations, ensuring no reliance on the controlling shareholder[127]. Environmental and Sustainability Initiatives - The company is actively engaging in the new energy industry, including waste heat power generation and solar photovoltaic power generation, in response to the national "dual carbon" strategy[32]. - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 40% by 2025[150]. - The company emphasizes environmental protection and sustainable development as a key agenda, actively engaging in energy conservation and emission reduction activities[187]. Employee and Talent Management - The company has a strong talent pool with extensive experience in research, manufacturing, marketing, and management, supporting new product development and sales expansion[60]. - The total number of employees at the end of the reporting period was 602, with 127 in the parent company and 475 in major subsidiaries[166]. - The company has a training mechanism in place, focusing on internal training to enhance team efficiency[169]. - Employee welfare has been enhanced through various benefits, including health check-ups and supplementary medical insurance[185]. Legal Matters - The company is involved in a lawsuit with a claim amount of 4,509.54 million yuan, which is currently under enforcement proceedings[200]. - The company has received a total of 9.5 million yuan in payments as of December 24, 2022, with remaining amounts still in the process of execution[200]. - A separate lawsuit involving a claim of 3,918.56 million yuan is currently in the execution phase, with ongoing negotiations for a settlement[200].