DCITS(SZ:000555)2016-04-27 16:00Dividend Distribution - The company plans to distribute a cash dividend of 0.4 RMB per 10 shares to all shareholders, with no bonus shares issued[4] - In 2015, the company distributed a cash dividend of 0.4 yuan per 10 shares (including tax), totaling 36,712,476.64 yuan, which represents 10.47% of the net profit attributable to ordinary shareholders[130] - The company has approved a cash dividend of 0.60 yuan per 10 shares for the 2014 fiscal year, with the distribution completed in June 2015[125] - The cash dividend payout ratio for 2015 was 100% of the profit distribution total[131] - The total cash dividends distributed over the last three years have shown a consistent increase, reflecting the company's improving profitability[130] Financial Performance - The company's operating revenue for 2015 was CNY 6,712,855,773.20, representing a 2.35% increase compared to CNY 6,559,007,918.00 in 2014[17] - The net profit attributable to shareholders for 2015 was CNY 350,620,327.31, a 25.43% increase from CNY 279,531,140.01 in 2014[19] - In 2015, the company achieved a total revenue of 6.713 billion yuan, representing a year-on-year growth of 2.35%[48] - The company's net profit attributable to shareholders reached 351 million yuan, an increase of 25.43% compared to the previous year[48] - The total operating revenue for 2015 was CNY 6.71 billion, an increase of 2.35% compared to CNY 6.56 billion in 2014[57] Research and Development - The company reported a significant focus on research and development in financial self-service equipment and related software applications[14] - Research and development expenses for 2015 amounted to CNY 37,328,820, accounting for 5.56% of total operating revenue, with a 22.34% increase from 2014[74][76] - The number of R&D personnel increased by 28.91% to 3,393, representing 65.57% of the total workforce[76] - The company launched new products including the "Internet + Universal Bank" IT application architecture ModelB@nk4.0 and the Sm@rtOP open platform, enhancing its market position in cloud computing and big data[75] Business Strategy and Growth - The company has undergone several changes in its business scope, including the integration of information technology consulting and software development services[14] - The company is focusing on low-saturation, high-growth, and high-profit areas to lead industry trends and optimize its business structure[39] - The company’s strategic layout and business model innovation have been recognized in the industry, particularly in promoting the smart agriculture ecosystem[39] - The company is positioned to benefit from the acceleration of rural reforms and the modernization of agriculture, as emphasized by the government's new development strategies[110] - The company plans to extend its industrial chain downstream and enhance cross-industry service integration, focusing on the development of smart cities and rural areas[113] Market Position and Competition - The company is recognized as a leading enterprise in China's information service industry, providing integrated IT services to key sectors such as finance and telecommunications[28] - The company emphasizes the importance of maintaining a competitive edge in the software and IT services market amid increasing competition and potential price wars[119] - The company faces risks including market competition, product technology risks, and talent retention challenges[4] - The gross profit margin for the technology service business improved to 26.34%, up by 2.78 percentage points from the previous year[48] Acquisitions and Partnerships - The company established a strategic partnership with Japan's OKI in 2015 to enhance technology research and product competitiveness, launching the new C9000 series of ATM products[33] - The company successfully acquired Beijing Qishuo Jiyie Technology Co., Ltd., enhancing its capabilities in agricultural IoT[45] - The company acquired 100% equity of Zhongnongxinda in 2014, completing the acquisition on December 2, 2014[147] - The company successfully completed the acquisition of Qishuo Technology and established Yangling Agricultural Cloud Service Company, enhancing its internet agricultural service offerings[189] Financial Health and Risks - The company has no liquidity risk due to the matching of foreign exchange expenditures with borrowed euro funds[91] - The company has established a long-term business relationship with the counterparty, Industrial and Commercial Bank of China, minimizing credit risk[91] - The company has a risk control system in place for derivative investments, ensuring compliance with operational procedures[91] - The company reported a net cash flow from operating activities of CNY 78,386,638.78, a significant decrease of 84.42% compared to the previous year[77] Share Capital and Structure - The company plans to increase its total share capital from 458,905,958 shares to 917,811,916 shares through a capital reserve transfer in September 2015[126] - The company's total share capital increased from 458,905,958 shares to 917,811,916 shares after a capital reserve conversion plan was implemented, where every 10 shares were converted into 10 additional shares[132] - The total number of shares held by domestic legal persons increased from 257,084,974 shares to 514,169,948 shares after capital operations[198] Compliance and Commitments - The company has confirmed that all commitments regarding performance and compensation arrangements are still being fulfilled as of December 25, 2014[139] - The company has a commitment to ensure compliance with stock lock-up arrangements, which remains effective as of December 25, 2014[139] - The company has no violations of commitments regarding related party transactions as of February 14, 2014[139] - The company has confirmed that there are no violations of the commitments made during the asset restructuring process[141]