UNIS(000938)2024-04-29 12:41Financial Performance - The company's operating revenue for 2023 was ¥77.31 billion, an increase of 4.39% compared to ¥74.06 billion in 2022[12]. - The net profit attributable to shareholders for 2023 was ¥2.10 billion, a decrease of 2.54% from ¥2.16 billion in 2022[12]. - The net profit after deducting non-recurring gains and losses for 2023 was ¥1.67 billion, down 4.80% from ¥1.76 billion in 2022[12]. - The total revenue for 2023 reached ¥77.31 billion, representing a 4.39% increase from ¥74.06 billion in 2022[69]. - Revenue from ICT infrastructure and services accounted for ¥51.51 billion, which is 66.63% of total revenue, showing a 10.15% growth compared to ¥46.76 billion in 2022[69]. - The company's net profit attributable to shareholders was 2,103,017,289.02 CNY for the fiscal year 2023, with undistributed profits amounting to 12,987,705,801.49 CNY[152]. - The total revenue for the company was reported to have a misstatement of less than 1%[157]. - The gross margin for the information technology sector was 19.60%, a decrease of 1.04% year-on-year[70]. Shareholder Returns - The company plans to distribute a cash dividend of 1.40 RMB per 10 shares to all shareholders, based on a total share capital of 2,860,079,874 shares[1]. - A cash dividend of 1.40 CNY per 10 shares (including tax) will be distributed, totaling 400,411,182.36 CNY, which represents 100% of the distributable profits[152]. - The total share capital for the dividend distribution is 2,860,079,874 shares, with no stock dividends or capital reserve transfers planned for 2023[152]. - The company did not distribute cash dividends for the 2022 fiscal year, with the remaining undistributed profits carried forward to future years[149]. Market Position and Shareholding - The company maintains a market share of 32.9% in China's Ethernet switch market, 30.9% in enterprise routers, and 27.4% in enterprise WLAN, ranking second and first respectively[23]. - In 2023, the company achieved a market share of 15.8% in China's X86 server market and 19.7% in GPU servers, both ranking second[23]. - Major shareholders include Tibet Ziguang Communication Technology Co., Ltd. holding 28.00% and Ziguang Group Co., Ltd. holding 13.45%[199]. - During the reporting period, Ziguang Group Co., Ltd. saw a decrease of 2,480,667 shares, while Tibet Ziguang Communication Technology Co., Ltd. increased its holdings by 800,870,734 shares[199]. Research and Development - R&D investment reached 5.299 billion yuan in 2022 and 5.643 billion yuan in 2023, with R&D personnel accounting for 40% of total employees[27]. - The number of R&D personnel increased to 7,693 in 2023, a growth of 5.73% compared to 2022[83]. - R&D investment amounted to ¥5,643,444,840.42 in 2023, representing a 6.50% increase from ¥5,298,851,200.81 in 2022[84]. - The proportion of R&D investment to operating revenue was 7.30% in 2023, up from 7.16% in 2022, reflecting a 0.14% increase[84]. Innovation and Technology - The company launched the "AIGC Open Strategy" and introduced the "LinSeer" private domain large model, achieving key breakthroughs in the AIGC field[34]. - The company is a pioneer in deterministic network technology, having built the world's first deterministic network with internationally advanced indicators[32]. - The company actively promotes IPv6 technology, achieving multiple certifications for its high-end router products, becoming the first globally to pass the "IPv6+ Ready 2.0 & SRv6 Ready" tests[40]. - The company has released the world's first 51.2T 800G CPO silicon photonic data center switch, enhancing GPU computing efficiency by 25%[38]. Corporate Governance - The governance structure of the company complies with relevant regulations, ensuring transparency and accountability in operations[116]. - The board of directors consists of 7 members, including 3 independent directors, adhering to cumulative voting systems as per regulations[117]. - The supervisory board is composed of 3 members, including 1 employee representative, ensuring compliance with legal requirements[118]. - The company maintains a clear separation from its controlling shareholders, ensuring independent decision-making and operational integrity[118]. Financial Management - The total amount of related party transactions with Unisoc Holdings Co., Ltd. reached CNY 121,712.43 million, accounting for 1.58% of similar transactions[175]. - The company has established several new subsidiaries, including Zhengzhou Shunyao Trading Co., Ltd. and Huasan Communication Saudi Arabia Co., Ltd., with a 100% ownership stake in each[168]. - The company has a total of 30 million USD in joint liability guarantees for Unisoc Supply Chain Management Co., Ltd. as of April 25, 2020, with a guarantee period of two years from the debt performance deadline[185]. - The company has no overdue or unrecoverable principal in its entrusted financial management[190]. Strategic Focus - The company plans to focus on market opportunities brought by AIGC in 2024, enhancing its cloud-network-security-computing-storage strategy[103]. - The company aims to lead the innovation in new generation cloud computing infrastructure and smart applications[102]. - The company is committed to enhancing its product offerings by embedding AI and intelligent features across its entire product line to meet the demands of the AIGC era[104]. - The company is focused on digital rural development, implementing projects like "Digital Qintang" to enhance rural governance and economic growth[163].