FSM(002818)2024-03-28 16:00Dividend Distribution - The company plans to distribute a cash dividend of 6.8 yuan (including tax) for every 10 shares, totaling 748,458,940 yuan[8]. - The company distributed cash dividends of RMB 6.80 per 10 shares, totaling RMB 508,952,079.20, based on a total share capital of 748,458,940 shares as of December 31, 2022[131]. - For the first half of 2023, the company distributed cash dividends of RMB 4.00 per 10 shares, amounting to RMB 299,383,576.00, based on the same total share capital[138]. - The company distributed cash dividends of RMB 4.00 per 10 shares, totaling RMB 299,383,576.00, based on a total share capital of 748,458,940 shares as of June 30, 2023[177]. - The cash dividend represents 100% of the total profit distribution amount, with a distributable profit of RMB 2,986,188,722.41[197]. - The company has a stable profit distribution policy, prioritizing cash dividends of at least 10% of the annual distributable profit[194]. - The cash dividend policy complies with the company's articles of association and shareholder meeting resolutions[195]. - The company has no plans for capital reserve transfers or stock bonuses in the current profit distribution[197]. - The company emphasizes the protection of minority shareholders' rights and ensures they have opportunities to express their opinions[195]. Financial Performance - The company reported a net profit of 176,462,000 yuan for the year, with a revenue of 246,426,100 yuan, indicating a strong performance in the business services sector[30]. - The total assets of the company stand at 553,170,500 yuan, with net assets amounting to 433,727,000 yuan, reflecting a solid financial position[30]. - The company reported a total revenue of 276 million for the year, maintaining a stable performance compared to previous periods[159]. - The company has no overdue amounts in its entrusted financial management, indicating effective risk management[125]. - The company has not encountered any situations where entrusted financial management may not recover principal or may face impairment risks[157]. - There were no significant guarantees issued during the reporting period, reflecting a conservative financial strategy[156]. - The company has not reported any leasing situations during the reporting period, indicating a focus on asset management[155]. - The company has no significant leasing or entrusted loan situations during the reporting period, indicating stable financial management[120][126]. Corporate Governance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or omissions[15]. - The company has established a robust governance structure to oversee its operations and strategic initiatives[21]. - The company has a clear governance structure that complies with relevant laws and regulations, ensuring independence from its controlling shareholder[82]. - The company has established a comprehensive corporate governance structure, ensuring independent operation of its departments without interference from controlling shareholders[91]. - The company has been actively involved in nominating independent director candidates as part of its governance practices[161]. - The company has established a performance evaluation system for its management, ensuring transparency and fairness in compensation[108]. - The company has established a comprehensive internal control system and risk assessment framework to ensure the legal operation of its governance bodies, covering all operational aspects[105]. - The company has implemented an internal control system for related party transactions, ensuring fair and transparent decision-making processes[106]. - The board of directors has not faced any objections from members regarding company matters during the reporting period[164]. - The company has a strong leadership team with extensive experience in the home furnishing industry, enhancing its market position[100]. Strategic Development - The company is focused on expanding its market presence through various subsidiaries and projects across different regions[12]. - The company is actively pursuing new product development and technological advancements to enhance its market competitiveness[20]. - The company is exploring opportunities for mergers and acquisitions to strengthen its market position and operational capabilities[20]. - The company aims to strengthen its market operations by improving safety management and enhancing team skills to support business continuity[43]. - The company is focusing on expanding its revenue channels and innovating business models to mitigate macroeconomic fluctuations[45]. - The company plans to enhance marketing efforts in its sales venues as part of its 2024 operational plan[63]. - The company is committed to leveraging differentiated competition to enhance the added value of existing resources[38]. - The company plans to focus on internal growth and strategic development, emphasizing a model of "self-operated stores + brand chains + investment finance" for sustainable growth[169]. Risk Management - The company has outlined potential risks in its future development outlook and corresponding countermeasures[8]. - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute substantive commitments to investors[16]. - The company has conducted thorough reviews of its internal control systems and audit processes, ensuring effective governance and oversight[167]. - The company is committed to maintaining effective communication with shareholders and ensuring transparency in profit distribution and cash dividend policies[84]. - The company actively communicates with stakeholders to balance interests and promote sustainable development[107]. Employee and Training Development - The total number of employees at the end of the reporting period is 729, with 61 in sales and 17 in administration[191][192]. - The company has conducted a total of 74 training sessions in 2023, with 1,279 participants, including 1,175 in management training, 57 in professional technical training, and 17 in operational training[174]. - The company is committed to maintaining a salary policy that aligns with industry standards and the performance of its executives, ensuring no harm to the interests of the company and its shareholders[169]. - The company has appointed a new employee representative supervisor following the retirement of the previous one, ensuring continuity in governance[119]. Community Engagement - The company is actively involved in community and charitable activities, with its executives recognized for their contributions to social causes[100]. - The company is focused on expanding its market presence while fulfilling social responsibilities and contributing to public welfare[86]. - The company emphasizes green development, implementing energy-saving and environmental protection measures, and promoting healthy consumption among consumers[109].