LKDF(SZ:002413)2016-04-13 16:00Financial Performance - The company's total revenue for 2015 was ¥2,028,542,901.46, representing a decrease of 6.30% compared to ¥2,164,844,615.63 in 2014[18]. - The net profit attributable to shareholders reached ¥140,553,234.23, a significant increase of 320.85% compared to the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥86,832,313.92, reflecting a growth of 117.69% year-on-year[19]. - The basic earnings per share rose to ¥0.52, marking a 246.67% increase from the previous year[19]. - The total operating revenue was approximately 2.029 billion yuan, down 6.30% from the previous year[45]. - The cooling business accounted for 88.00% of total revenue, with a revenue of approximately 1.785 billion yuan, down 15.98% year-on-year[46]. - The embedded real-time information processing business generated revenue of approximately 67.1 million yuan, marking its first contribution to the revenue stream[46]. - The company reported a significant increase in investment activity cash inflow by 413.32% to ¥627,833,697.46 in 2015[61]. - The total cash and cash equivalents increased dramatically by 3,367.56% to ¥665,059,146.34 in 2015[61]. - The company reported a net profit of 122,939,010.00 CNY for the year 2015, representing a 14.22% increase compared to the previous year[78]. Business Strategy and Acquisitions - The company completed the acquisition of 100% equity in Beijing Institute of Technology Leike Electronic Information Technology Co., Ltd. in June 2015, expanding its business into military electronic information industry[16]. - The company plans to acquire 100% equity of Qiwitech and raise matching funds, pending approval from the China Securities Regulatory Commission[5]. - The company sold all assets and liabilities related to its refrigeration business to its controlling shareholder in December 2015 to focus on military electronic information[16]. - The company completed the acquisition of 70% of Chengdu Aikete's shares, expanding its military electronic information industry[41]. - The company completed the acquisition of 100% equity in Rigong Leike, which began to be included in the consolidated financial statements from June 2015[54]. - The company completed the transfer of 100% equity of Changzhou Changfa Refrigeration Technology Co., Ltd. and Changzhou Wujin Jiangnan Aluminum Oxidation Co., Ltd. to Jiangsu Changfa Industrial Group Co., Ltd. on December 25, 2015, receiving an initial payment of CNY 626.989 million[143]. - The company completed a significant asset restructuring by acquiring 100% of the shares of Liko Reco, which has been included in the consolidated financial statements since June 2015[117]. - The company completed acquisitions of Li Gong Leike and Chengdu Aikete, and is in the process of acquiring Qiwitech to strengthen its core business[94]. Research and Development - The company has a research and development team of nearly 400 people, with over 50% holding doctoral and master's degrees[36]. - The embedded real-time information processing business includes radar information processing and image information processing products[29]. - The company is actively pursuing market expansion and new technology development in the military electronics sector[16]. - The company aims to develop new products and technologies while expanding both military and civilian markets, promoting a dual-use industry layout[86]. - The company is developing new products such as a comprehensive monitoring system based on Beidou navigation and a drone collision avoidance radar[91]. - A new radar technology research institute was established to enhance R&D capabilities, with a focus on radar, navigation, and integrated circuits[90]. Financial Management and Shareholder Returns - As of December 31, 2015, the company proposed a cash dividend of ¥5.5 per 10 shares (including tax) and a capital reserve transfer of 21 shares for every 10 shares[6]. - The company declared a cash dividend of RMB 5.5 per 10 shares, totaling RMB 174,569,798.15 for the year 2015, which represents 100% of the profit distribution[105]. - The net profit attributable to shareholders for 2015 was RMB 140,553,234.23, with a payout ratio of 124.20%[105]. - The total distributable profit for the year was RMB 482,905,384.92, indicating a strong financial position[105]. - The company plans to increase its share capital by issuing 21 new shares for every 10 shares held, in addition to the cash dividend[105]. - The company is committed to distributing at least 10% of the annual distributable profits in cash dividends, with a cumulative distribution over three consecutive years not less than 30% of the average annual distributable profits[109]. Corporate Governance and Management - The company has engaged Jiangsu Gongzheng Tianye Accounting Firm for auditing services during the reporting period[17]. - The company has appointed China Galaxy Securities Co., Ltd. and CITIC Securities Co., Ltd. as financial advisors for continuous supervision during the reporting period[17]. - The board consists of 7 members, including 3 independent directors, ensuring a diverse governance structure[181]. - The company has a total of 3 supervisors, including 1 employee supervisor, with extensive experience in various managerial roles[186]. - The management team includes individuals with backgrounds in finance, technology, and operations, enhancing the company's strategic capabilities[189][190]. - The company emphasizes collaboration and expertise within its leadership to drive growth and operational efficiency[189][190]. Market Position and Future Outlook - The company is actively pursuing strategic partnerships to enhance its competitive position in the market[181]. - Future guidance indicates a commitment to maintaining shareholder value and pursuing sustainable growth strategies[162]. - The company is exploring potential mergers and acquisitions to accelerate market expansion and enhance its technological capabilities[181]. - The company aims to integrate its subsidiaries, including Beijing Institute of Technology Leike and Chengdu Aikete, in satellite signal reception and processing systems[89]. - The company is focused on expanding its market presence through strategic acquisitions and partnerships[162]. Environmental and Social Responsibility - The company has implemented a strict environmental management system in compliance with ISO14001, focusing on waste treatment and energy conservation[152]. - The company is committed to building a trustworthy business reputation and fulfilling its social responsibilities[153]. - The company is not classified as a heavily polluting industry by national environmental protection authorities[154].