DELISI(002330)2024-04-23 13:13Financial Performance - The company's operating revenue for 2023 was ¥3,091,654,150.26, representing a 0.55% increase compared to ¥3,074,836,878.31 in 2022[20]. - The net profit attributable to shareholders for 2023 was -¥33,997,049.54, a decrease of 207.45% from ¥31,639,345.57 in 2022[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥50,327,174.89, down 524.30% from ¥11,861,343.55 in 2022[20]. - The net cash flow from operating activities was -¥137,132,487.91, an improvement of 13.11% compared to -¥157,821,936.49 in 2022[20]. - The total assets at the end of 2023 were ¥3,347,283,083.30, a decrease of 3.52% from ¥3,469,508,985.21 at the end of 2022[20]. - The net assets attributable to shareholders at the end of 2023 were ¥2,360,521,419.51, down 1.46% from ¥2,395,439,487.05 at the end of 2022[20]. - The company reported a basic earnings per share of -¥0.053 for 2023, compared to ¥0.051 in 2022, reflecting a decline of 203.92%[20]. - The company's total revenue for 2023 reached CNY 2,991,739,905.94, representing a year-on-year increase of 1.22%[77]. - The gross profit margin for the overall business decreased to 5.30% from 6.92% in the previous year, reflecting a decline of 1.62%[50]. - The company's operating costs rose by 3.23% to CNY 2,836,021,518.16, with the food processing sector accounting for 96.86% of total operating costs[80]. Market and Product Development - The company is focused on expanding its market presence and enhancing its product offerings through technological advancements and new product development[15]. - The company is focusing on expanding its pre-prepared food product line and enhancing its low-temperature meat products to adapt to market changes[31]. - The company has introduced innovative products such as low-temperature meat products and fermented ham, aiming to drive high-quality development in the domestic meat processing industry[31]. - The pre-prepared food market in China is projected to reach a scale of 516.5 billion yuan in 2023, with a year-on-year growth of 23.1%[32]. - The meat and poultry pre-prepared food sector is expected to grow to 154.4 billion yuan in 2023, reflecting a year-on-year increase of 26.1%[32]. - The company is actively developing new products and technologies, with a focus on improving product quality and reducing costs through innovative processes[61]. - The company aims to expand its market presence in key consumption areas such as East China, Central China, and South China, enhancing its service capabilities[59]. Operational Efficiency and Capacity - The company operates multiple wholly-owned and controlled subsidiaries across various regions, enhancing its operational capabilities[12]. - The company has a pig slaughtering capacity of 1 million heads per year in Shandong and 2 million heads per year in Jilin, with a new project in Shaanxi expected to add another 2 million heads per year upon completion[59]. - The total production capacity for prepared dishes is currently 180,000 tons, with 100,000 tons in Shandong, 30,000 tons for beef series prepared dishes, and 50,000 tons in Shaanxi[59]. - The company has established long-term stable partnerships with numerous high-quality clients, including Sam's Club and Haidilao, covering various sales channels such as supermarkets and e-commerce[60]. - The company has expanded its e-commerce presence on platforms like Tmall, JD.com, and Douyin, enhancing its market share through new retail channels[47]. Quality Control and Safety - The company is committed to maintaining high standards in its food safety and quality control processes[15]. - The company has implemented a strategy to enhance its marketing network and increase the number of distributors across the country[51]. - The company has received multiple quality awards, including the Shandong Provincial Governor's Quality Award, and has implemented an RFID-based safety traceability system in its production process[63]. - The company emphasizes quality control and has established a comprehensive quality management system, ensuring food safety and compliance with industry standards[63]. Governance and Compliance - The company emphasizes investor relations, adhering to regulations for information disclosure, ensuring transparency and accuracy in communications with stakeholders[133]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance, ensuring independent operational capabilities[134]. - The company has established effective performance evaluation and incentive mechanisms, enhancing the motivation and cohesion of senior management and core teams[131]. - The company has implemented a training program for directors and supervisors to enhance their understanding of legal regulations and improve their responsibilities[131]. - The company has established specialized committees within the board, including a strategy committee and an audit committee, to provide professional opinions for decision-making[130]. Environmental Responsibility - The company has maintained compliance with environmental discharge standards across various metrics, indicating effective wastewater management practices[194][195]. - The company has invested in advanced pollution control technologies, including "bag + wet electrostatic" dust removal systems and "limestone-gypsum wet method" desulfurization systems, achieving ultra-low emission standards for some pollutants[196]. - The company adheres to various environmental protection laws and industry standards during its operations[192]. - The company has established an emergency response plan for environmental incidents, which includes risk assessment of production processes and pollutant discharge points, and has been filed with local environmental protection authorities[198]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of 0.1 yuan per 10 shares (including tax) to all shareholders, with no bonus shares issued[3]. - The total distributable profit for the company was RMB 355,222,171.69, with the cash dividend amount representing 100% of the profit distribution[172]. - The company has a clear and compliant cash dividend policy, ensuring the protection of shareholders' interests[171]. - The company has outlined a three-year shareholder return plan for 2023-2025, emphasizing clear dividend standards and decision-making procedures[169]. Research and Development - The company has been recognized as a "specialized and innovative small and medium-sized enterprise" in Shandong Province for 2023, enhancing its research and development capabilities[71]. - Continuous investment in R&D will be prioritized to shorten product development cycles and enhance product quality, particularly in prepared dishes and high-end meat products[118]. - The company completed several R&D projects aimed at enhancing product quality and production efficiency, including high-nutrition meat products and low-temperature meat processing technologies[87]. - The company has successfully applied for several patents and participated in the formulation of industry standards, enhancing its innovation capabilities[70]. Employee Development - The total number of employees at the end of the reporting period is 2,012, with 827 in the parent company and 1,185 in major subsidiaries[165]. - The company emphasizes a fair and competitive compensation policy to attract and retain talent, aligning with overall strategic needs[166]. - Training programs focus on employee development, combining corporate culture education, vocational ethics, and practical skills training[167]. - The company plans to continue focusing on talent development and training to enhance employee capabilities and overall performance[168].