WINNER TECH.(SZ:300609)2018-04-23 16:00Financial Performance - The company's operating revenue for 2017 was ¥203,126,008.92, representing a 17.44% increase compared to ¥172,961,784.30 in 2016[15]. - The net profit attributable to shareholders for 2017 was ¥59,101,738.37, up 22.36% from ¥48,301,363.63 in 2016[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,911,106.28, reflecting a 22.90% increase from ¥44,680,516.20 in 2016[15]. - The total assets at the end of 2017 reached ¥547,341,772.08, an 84.89% increase from ¥296,029,285.27 at the end of 2016[15]. - The net assets attributable to shareholders at the end of 2017 were ¥472,228,716.08, which is an 84.78% increase compared to ¥255,561,075.78 at the end of 2016[15]. - The company reported a basic earnings per share of ¥0.6157, a decrease of 4.39% from ¥0.6440 in 2016[15]. - The weighted average return on equity for 2017 was 13.98%, down from 20.87% in 2016[15]. - The company achieved a 101.66% increase in revenue from the South China region, totaling CNY 26,646,563.78[63]. - The revenue from the customer flow analysis system was CNY 175,001,831.20, accounting for 86.15% of total revenue, with a year-on-year growth of 22.28%[63]. - The Wi-Fi positioning system revenue surged by 183.04% to CNY 15,632,739.77, up from CNY 5,523,194.34 in 2016[63]. Dividend Policy - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on a total of 100,902,000 shares[4]. - The cash dividend for 2017 represents 100% of the profit distribution total, with available distributable profits of 149.71 million CNY[121]. - The company maintains a cash dividend policy where at least 80% of profits are distributed during the mature stage without major capital expenditures[112]. - The company’s cash dividend distribution is subject to approval by the annual general meeting of shareholders[123]. - The company’s retained earnings after the proposed 2017 dividend will be approximately 124.49 million CNY, carried over to the next fiscal year[123]. Business Operations and Strategy - The company operates in the technology sector, focusing on information technology solutions and services[12]. - The company is actively involved in the development of new technologies, including AI and IoT solutions[9]. - The company has established key partnerships with major clients such as Wanda Group and Longfor Properties, enhancing its market position[8]. - The company is actively exploring innovative promotion models for its customer flow analysis system hardware and aims to build a big data platform for offline commercial analysis[25]. - The company has developed a comprehensive supplier management system, ensuring stable relationships with key suppliers for hardware and software components[29]. - The company plans to expand its business model to include data services, enhancing the acceptance of its traffic analysis systems among offline commercial clients[39]. - The company aims to expand its market share in offline retail by leveraging its core competitive advantages and enhancing its data platform scale[96]. Research and Development - Research and development investment for 2017 was CNY 26,658,200, accounting for 13.12% of operating revenue[48]. - The company applied for 7 new invention patents and was granted 3 new invention patents in 2017[48]. - The number of R&D personnel increased to 125, accounting for 22.48% of the total workforce[74]. - The company launched eight key R&D projects, including the development of a new hardware platform for customer flow products[74]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[4]. - The report includes a detailed description of the main risks faced by the company and the corresponding countermeasures[4]. - The company faces risks related to the innovation of its business model, which may require significant operational funds and have uncertain implementation outcomes[99]. - The rapid growth of accounts receivable poses a risk to cash flow, necessitating enhanced credit risk management and collection efforts[104]. - The company acknowledges the risk of declining gross margins due to increased competition and shifts in its business model towards data services[106]. Corporate Governance - The company has committed to a stock incentive plan to enhance employee engagement and performance[137]. - The company’s board members committed to not transferring benefits to other entities or individuals under unfair conditions, ensuring the protection of company interests[135]. - The company has established a long-term commitment to maintain the integrity of its financial disclosures and protect shareholder rights[135]. - The company’s financial advisor, Anxin Securities, has committed to ensuring the accuracy of the documents related to the initial public offering[135]. - The company has ensured that all commitments made to minority shareholders were fulfilled on time[137]. Market Position - The company has a high market share in the domestic retail sector, with its video traffic analysis system installed in numerous well-known commercial entities like Wanda Plaza and Nike[35]. - The market size of China's big data industry was 361.5 billion yuan in 2017, projected to reach nearly 600 billion yuan in 2018, indicating significant growth potential for the retail big data application market[34]. - New customer acquisition and contract amounts increased significantly in 2017, reinforcing the company's market leadership[54]. Shareholder Information - The largest shareholder, Zhang Hongjun, holds 39.19% of the shares, amounting to 39,540,000 shares, with 8,352,500 shares pledged[188]. - The second-largest shareholder, Shanghai Xianghe Hong'an Equity Investment Partnership, holds 11.89% of the shares, totaling 12,000,000 shares[188]. - The company has not undergone any changes in its controlling shareholder during the reporting period[190]. - The actual controller of the company is Zhang Hongjun, who is also the chairman and general manager, with no changes reported during the period[192].