BEWINNER TECH(SZ:002148)2014-02-26 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on the total share capital as of February 26, 2014[5]. - In 2013, the company distributed cash dividends of 19.19 million yuan, representing 34.08% of the net profit attributable to shareholders[77]. - The total cash dividend for the year 2013 is ¥19,188,965.70, which accounts for 100% of the profit distribution[78]. - The profit distribution plan includes a cash dividend of ¥1.50 per 10 shares, resulting in a total distribution based on the current total share capital of 127,926,438 shares[78]. Financial Performance - The company's total revenue for 2013 was CNY 281.25 million, an increase of 24.92% compared to the previous year[32]. - Net profit attributable to shareholders was CNY 56.31 million, representing a growth of 22.86% year-over-year[32]. - Mobile internet revenue accounted for nearly 60% of total revenue, with mobile gaming revenue increasing by 68.50% to CNY 139.94 million[32]. - The mobile video business saw an 83.93% increase in revenue, supported by new sports channel operations[32]. - The overall gross profit margin improved by 1.89 percentage points compared to the previous year[33]. - Basic and diluted earnings per share were both CNY 0.5, reflecting a 25% increase year-over-year[32]. - The company reported a net profit of ¥64,676,745.67, which is a 51.1% increase compared to the previous year's profit[168]. Business Operations and Strategy - The company has not reported any changes in its main business operations since its listing, indicating stability in its business model[19]. - The mobile internet industry is transitioning from a development phase to a mature phase, posing risks if the company fails to establish suitable business and profit models[12]. - The company emphasizes the importance of adapting to changing user preferences in mobile internet products to remain competitive[12]. - The company plans to establish a brand image for the "Beehive Game" platform and strengthen self-developed game quality, aiming for a competitive studio system[68]. - The company aims to expand video service cooperation, particularly in the mobile video sector, leveraging partnerships with CCTV International and telecom operators[68]. - The company plans to deepen its cooperation with Sichuan Airlines to explore new applications in the mobile internet aviation sector[69]. Research and Development - Research and development expenditure amounted to 22,335,200 RMB, accounting for 4.12% of the net assets and 7.94% of operating income[43]. - The company has established a comprehensive R&D system, focusing on forward-looking technologies in the mobile internet sector[57]. - The company holds 57 software copyrights, 14 registered patents, and 13 trademarks, showcasing its strong intellectual property portfolio[57]. Financial Health and Assets - The company's total assets at the end of 2013 were CNY 577.42 million, up 12.55% from the previous year[32]. - The company's cash and cash equivalents decreased by 72,397,954 RMB, reflecting a 60.5% increase in net decrease compared to the previous year[45]. - The total current assets decreased from CNY 309,972,109.19 at the beginning of the year to CNY 257,306,605.03 at the end of the year, representing a decline of approximately 16.9%[161]. - Cash and cash equivalents decreased from CNY 237,712,763.42 to CNY 165,314,809.84, a reduction of about 30.4%[161]. Corporate Governance - The company has engaged Zhongxi Accounting Firm for auditing services, ensuring compliance and accuracy in financial reporting[20]. - The company has maintained compliance with commitments to avoid competition and has not faced any penalties or non-compliance issues during the reporting period[96]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[128]. - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to information[128]. Market and Industry Trends - In 2013, the global mobile game market revenue reached $12.2 billion, with smartphone revenue accounting for $8.5 billion[66]. - China's mobile game market actual sales revenue was 11.24 billion yuan, a year-on-year increase of 246.9%, with user numbers reaching approximately 310 million, up 248.5% from 2012[66]. - By the end of 2013, the number of users watching or downloading videos on mobile devices in China reached 247 million, an increase of 83.8% compared to the end of 2012[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,977, an increase from 22,959 five trading days prior[105]. - Major shareholder Fu Lemin holds 22.62% of the shares, totaling 25,653,645 shares, with a decrease of 1,044,355 shares during the reporting period[105]. - The total number of shares outstanding remained at 113,400,000[105]. Risks and Compliance - The company reported no media controversies during the reporting period[83]. - There were no significant litigation or arbitration matters during the reporting period[82]. - The company has not faced any risks of suspension or termination of listing following the annual report disclosure[96].