Hirisun(300277)2024-04-24 10:38Financial Performance - The company’s operating revenue for 2023 was ¥219,977,199.40, a decrease of 14.63% compared to ¥257,671,911.85 in 2022[18]. - Net profit attributable to shareholders for 2023 was ¥10,809,308.54, an increase of 4.84% from ¥10,288,416.79 in 2022[18]. - The net profit after deducting non-recurring gains and losses was -¥612,857.86, a decline of 107.73% compared to ¥7,904,391.28 in 2022[18]. - The net cash flow from operating activities increased by 288.52% to ¥35,132,504.75 from ¥18,635,493.23 in 2022[18]. - Basic and diluted earnings per share for 2023 were both ¥0.0323, up 4.87% from ¥0.0307 in 2022[18]. - Total assets at the end of 2023 were ¥693,999,177.53, an increase of 2.84% from ¥674,642,833.14 at the end of 2022[18]. - Net assets attributable to shareholders at the end of 2023 were ¥489,307,943.68, a rise of 0.85% from ¥485,229,172.78 at the end of 2022[18]. - The company achieved operating revenue of 21,997.72 million yuan in 2023, a decrease of 14.63% compared to the previous year[59]. - The net profit attributable to shareholders increased by 4.84% year-on-year, reaching 1,080.93 million yuan[59]. Corporate Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements and performance forecasts in the annual report[4]. - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[4]. - The company strictly adheres to information disclosure regulations, ensuring transparency and fairness in communication with shareholders[119]. - The audit committee oversees internal controls, enhancing risk management and improving operational efficiency[120]. - The company maintains independence from its controlling shareholders in terms of business operations, personnel, assets, and finances[123]. - The company has established an independent financial department with a standardized accounting system, ensuring compliance with tax obligations[128]. - The company has a comprehensive governance structure in place, with no issues identified in self-inspection reports regarding governance practices[170]. - The company has committed to integrating social responsibility into its development strategy moving forward[180]. Business Operations - The company operates in the power information technology sector, focusing on automation and information systems for power generation and grid enterprises[12]. - The company has a total of 51% ownership in several subsidiaries, including Beijing Tianyu Xunlian Technology Co., Ltd. and Fuzhou Hailian Xun Technology Co., Ltd.[12]. - The company has established a sales and service network covering multiple provinces and cities across China, becoming one of the influential comprehensive solution providers in the electric power industry[39]. - The main business of the company remains focused on power information system integration, providing comprehensive solutions for power enterprises, with no significant changes during the reporting period[40]. - The core business of the company is the transmission network communication solution, which provides reliable technical support for the safe and stable operation of the power grid[42]. - The company’s power distribution and utilization network communication solutions enhance the transmission capacity and reliability of the communication network, meeting future bandwidth growth needs[44]. - The company is committed to providing technical and consulting services to power enterprises, including information technology support and operational maintenance[42]. - The company’s solutions are applicable across various segments of the power industry, including generation, transmission, transformation, distribution, consumption, and dispatch[40]. Market Trends and Industry Insights - In 2023, China's software and information technology service industry achieved a total software business revenue of 1,232.58 billion yuan, representing a year-on-year growth of 13.4%[31]. - The profit margin for the software industry reached 145.91 billion yuan, with a year-on-year increase of 13.6%, which is 7.9 percentage points higher than the previous year[31]. - Information technology services generated revenue of 812.26 billion yuan, growing by 14.7% year-on-year, exceeding the overall industry growth rate by 1.3 percentage points[31]. - The National Energy Administration's policy in March 2023 emphasized the integration of digital technology with the energy sector, aiming to enhance energy supply security and promote intelligent power grid development[37]. - The electric power informationization market is experiencing stable growth, with a focus on system integration to improve efficiency and reduce costs across various segments of the power grid[34]. - The new energy sector's rapid development is increasing demands on the power grid, leading to accelerated investments in smart grid technologies[32]. - The software industry's market scale is projected to maintain a stable upward trend, driven by the increasing demand for digital transformation across various sectors[32]. - The company is actively participating in the development of new energy systems and is positioned to benefit from the ongoing transformation in the energy sector[40]. Research and Development - The company has implemented changes in accounting policies as per the new regulations effective from January 1, 2023, impacting the recognition of deferred tax assets and liabilities[19]. - The company has completed the development of a versatile optical transmission device that supports multiple standards and protocols, enhancing competitiveness in the optical communication market[74]. - A stable SDH optical interface board has been developed to improve the efficiency and stability of SDH transmission equipment, addressing the growing demand for network communication[74]. - The company has successfully integrated hardware and software for power communication networks, improving reliability and reducing operational costs[75]. - The company has upgraded its substation operation and maintenance simulation training platform, improving training effectiveness and service quality[75]. - The development of a method for automatic optimization of reactive voltage in power systems has been completed, increasing operational efficiency and stability[75]. - The company has established a real-time data operation and maintenance management system based on distribution IoT technology, improving monitoring and remote management capabilities[76]. - R&D personnel decreased to 39 in 2023 from 60 in 2022, a reduction of 35.00%[77]. Employee and Management - The total number of employees at the end of the reporting period is 134, with 22 in the parent company and 112 in major subsidiaries[158]. - The company has 65 technical personnel, 21 sales personnel, 12 financial personnel, and 36 administrative personnel, totaling 134 employees[158]. - The educational background of employees includes 3 with master's degrees or above, 78 with bachelor's degrees, and 50 with associate degrees[158]. - The total pre-tax remuneration for the board of directors, supervisors, and senior management during the reporting period amounted to RMB 3.776 million[147]. - The chairman and general manager, Ms. Ying Yeping, voluntarily waived her remuneration during her tenure, resulting in a total of RMB 0 for her position[148]. - The fixed annual salary for the chairman is RMB 240,000, while non-independent directors receive RMB 100,000 annually[145]. - The total remuneration for the independent directors is RMB 10,000 each per year, paid semi-annually[145]. - The company has not experienced any changes in its board of directors, supervisors, or senior management during the reporting period[131]. Strategic Initiatives - The company plans to enhance its market presence by expanding its service offerings and leveraging advanced technologies in the power sector[39]. - The company aims to improve energy efficiency and promote the use of clean energy technologies in its operations, aligning with national carbon neutrality goals[40]. - The company plans to optimize its organizational structure to improve internal management efficiency and promote closer collaboration among subsidiaries and business lines[103]. - The company emphasizes the importance of talent development and aims to build a professional, versatile, and high-potential team to drive business growth[103]. - The company will strengthen the role of party leadership in corporate governance to ensure high-quality development and foster a positive corporate culture[103]. - The company acknowledges the risk of new business expansion not meeting expectations, and will conduct thorough feasibility studies and careful evaluations before entering new business areas[107]. - The company plans to enhance its competitive edge by deepening its presence in the power industry and optimizing its industrial structure, while also leveraging capital markets for resource integration[107]. Social Responsibility and Environmental Practices - The company actively promotes energy-saving and environmentally friendly practices, aligning with national carbon neutrality goals[173]. - The company has implemented measures to enhance employee welfare and maintain harmonious labor relations, including timely payment of social insurance[176]. - The company participated in various social responsibility activities, including donations to underprivileged children and tree planting events[180]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[173]. - The company has committed to sustainable development by integrating environmental protection into its operational practices[179].