Hoperun Software(300339)2024-04-24 12:31Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2023, representing a year-on-year increase of 15%[8]. - The net profit attributable to shareholders was RMB 200 million, which is a 10% increase compared to the previous year[8]. - The company's operating revenue for 2023 was ¥3,106,224,652.97, representing a 4.42% increase compared to ¥2,974,714,403.62 in 2022[14]. - The net profit attributable to shareholders for 2023 was ¥163,799,122.03, a significant increase of 55.24% from ¥105,410,115.26 in 2022[14]. - The net cash flow from operating activities for 2023 was ¥136,756,104.86, up 50.63% from ¥90,791,652.41 in 2022[14]. - The total assets of the company increased to RMB 3 billion, up 12% from the previous year[8]. - The total profit of the software industry reached 145.91 billion yuan in 2023, with a year-on-year increase of 13.6%[23]. - The company achieved total operating revenue of 3,106.22 million yuan, a year-on-year increase of 4.42%[107]. - The net profit attributable to shareholders was 163.80 million yuan, representing a year-on-year growth of 55.24%[107]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 5 million users by the end of 2023[8]. - The company is expanding its market presence in Southeast Asia, with plans to establish two new offices in Singapore and Malaysia by mid-2024[8]. - The company plans to expand its overseas market presence and focus on large client strategies in 2024, targeting licensed financial clients in banking, insurance, and securities[31]. - The company is targeting an increase in market share by 5% in the next fiscal year through strategic partnerships[106]. Research and Development - The company plans to invest RMB 300 million in research and development for new products and technologies in 2024[8]. - The company reported a research and development (R&D) expenditure of approximately ¥370.35 million in 2023, which accounts for 11.92% of its operating revenue[72]. - The company aims to enhance its R&D capabilities, with a planned investment of 100 million yuan in new technologies over the next two years[103]. - The company has developed an AI-powered automated testing platform, significantly improving testing efficiency and accuracy[49]. Strategic Initiatives and Acquisitions - A strategic acquisition of a local software firm was completed for RMB 150 million, aimed at enhancing product offerings[8]. - The company has initiated a merger with a smaller tech firm, which is expected to enhance its product offerings and increase overall market competitiveness[102]. - The company completed a significant equity transfer of 4,000,000 RMB for a 8.82% stake in Aotuku Intelligent Technology, contributing a net profit of 1,446,320 RMB prior to the sale[88]. Future Guidance - Future guidance indicates expected revenue growth of 20% for 2024, targeting RMB 1.44 billion[8]. - The company provided a positive outlook for 2024, projecting a revenue growth of 18% and aiming to reach 1.42 billion yuan[104]. - The company aims to improve operational efficiency, targeting a reduction in costs by 10% through process optimization in 2024[104]. Corporate Governance and Shareholder Engagement - The governance structure has been improved to ensure clear responsibilities and effective decision-making processes, enhancing shareholder rights protection[109]. - The company emphasizes transparent and timely information disclosure to build market confidence and support investor decision-making[109]. - The company has established a robust internal management and control system to promote healthy development and protect shareholder rights[112]. - The company has implemented a performance evaluation and incentive mechanism for its board members and senior management, aligning with its development status[112]. Sustainability and Corporate Social Responsibility - The company is committed to reducing carbon emissions through innovative energy solutions, integrating renewable energy sources and IoT for efficient energy management[35]. - The company actively fulfills its corporate social responsibility while ensuring economic benefits[168]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[169]. Financial Management and Cash Flow - The company reported a strong cash flow position, with cash reserves of 300 million yuan, providing a solid foundation for future investments[105]. - The net cash flow from investment activities improved by 59.77% in 2023, attributed to increased cash received from the transfer of equity interests in associates and reduced cash payments for fixed assets and intangible assets[77]. - The company has committed to distributing at least 20% of its annual distributable profits in cash to shareholders[180]. Employee Management and Development - The total employee count at the end of the reporting period was 11,938, with 11,153 being technical personnel, representing 93.5% of the total[145]. - The company has established a high-efficiency human resources system, including employee career development and incentive mechanisms, to retain talent[94]. - The company plans to focus on training in innovative business areas, particularly in OpenHarmony and AI technologies, as part of its employee development strategy[148]. Related Party Transactions and Compliance - The company guarantees that its subsidiaries will maintain independent financial departments and accounting systems post-transaction completion[178]. - The company has committed to reducing and regulating related party transactions post-transaction completion, ensuring fair pricing in accordance with independent third-party transactions[176]. - The company has stated that there are no non-operating fund occupations by major shareholders during the reporting period[181].