GOHIGH(SZ:000851)2016-03-21 16:00Dividend Distribution - The company plans to distribute a cash dividend of 0.2 yuan per 10 shares to all shareholders, based on a total of 591,364,260 shares [5]. - The company plans to distribute a cash dividend of 11,827,285.20 yuan (including tax), which translates to 0.2 yuan per 10 shares based on the share capital of 591,364,260 shares as of December 31, 2015 [105]. - The cash dividend represents 13.85% of the net profit attributable to shareholders, which was 85,388,001.61 yuan for the year 2015 [106]. - The company did not distribute any cash dividends in the previous two years (2014 and 2013) [106]. Financial Performance - The company reported a significant increase in revenue compared to the previous year, with specific figures to be detailed in the financial report section [16]. - The company's operating revenue for 2015 was CNY 7,424,912,315.65, representing a growth of 4.86% compared to CNY 7,080,629,879.50 in 2014 [17]. - Net profit attributable to shareholders was CNY 85,388,001.61, an increase of 51.38% from CNY 56,405,678.71 in the previous year [17]. - The net profit after deducting non-recurring gains and losses reached CNY 65,248,664.31, up 68.55% from CNY 38,712,637.06 in 2014 [17]. - The total profit for 2015 was ¥161,505,290.58, an increase of 22.80% compared to the previous year [39]. - The company reported a total revenue of 1,280 million for the year 2015, with a slight increase of 0.17% compared to the previous year [132]. - The company reported a total revenue of 10,000 million in 2015, showing a significant increase compared to previous years [146]. - The company reported a total revenue of 25,000 million for the fourth quarter of 2015, with a year-on-year increase of 5,000 million [147]. Assets and Liabilities - Total assets at the end of 2015 were CNY 6,487,796,149.73, marking a 5.03% increase from CNY 6,176,831,960.60 at the end of 2014 [17]. - The company’s fixed assets decreased by 28.01% due to the leasing of a property by a subsidiary, which was reclassified as investment property [31]. - The company’s total investment for the reporting period was ¥598,000,001.00, down 36.62% from the previous year [63]. - The company’s cash and cash equivalents saw a net increase of ¥347,249,386.96, reversing a previous decrease [57]. - The company’s liquidity ratios showed a decline, with the current ratio at 126.12%, down 18.58% from the previous year [173]. - The debt-to-asset ratio remained stable at 55.53%, a slight decrease of 0.13% compared to 2014 [173]. Business Operations and Strategy - The company has undergone a change in its business scope, now focusing on multi-service broadband telecommunications products and related services [14]. - The company is actively involved in research and development of new technologies and products to enhance its market position [16]. - The company is focusing on the development of IoT and integrated communication technologies, with significant investments in trusted cloud computing and LTE-V vehicle networking projects [26][27]. - The company is focusing on expanding its enterprise information technology services and has made significant breakthroughs in various industries including education and logistics [41]. - The company is actively developing its mobile internet services, particularly in the area of digital goods transactions and virtual telecom services [41]. - The company plans to enhance the profitability and scale of its IT sales business, which is currently under pressure [82]. - The company is committed to deepening its presence in advantageous industries such as broadcasting and telecommunications to strengthen its market position [95]. - The company plans to expand its market presence in the fields of smart manufacturing, intelligent logistics, and online services, capitalizing on the growth of the internet economy [88]. Risk Management - The company has implemented risk management strategies to address potential market, financial, and policy risks, as discussed in the management analysis section [5]. - The company has identified risks related to strategic, market, financial, and investment aspects, and is implementing measures to mitigate these risks [98][99]. - The company has committed to strengthening its management of industrial mergers and acquisitions to mitigate investment risks and improve project planning and progress control [101]. Research and Development - R&D investment increased by 43.15% to ¥117,400,322.50 in 2015, with R&D personnel rising by 32.04% to 511 [56]. - The company submitted a total of 137 patent applications, with 11 invention patents granted as of the reporting period [56]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings [132]. Governance and Compliance - The company has a comprehensive governance structure in place, ensuring accountability and transparency in its operations [12]. - The company has engaged a reputable accounting firm, Lixin Certified Public Accountants, to ensure the accuracy of its financial reporting [15]. - The company has established dedicated accounts for managing the raised funds, ensuring transparency and accountability in fund usage [74]. - The company has committed to avoiding any illegal occupation of funds or assets from the listed company and its subsidiaries [113]. - The company emphasizes the importance of adhering to the company law and relevant regulations during shareholder meetings [113]. Shareholder Relations - The company has a commitment to maintain operational independence and financial integrity in its dealings with its controlling shareholder, ensuring no asset or business overlap [108]. - The company has established a lock-up period of 36 months for newly subscribed shares from certain investors, preventing public trading during this time [109]. - The company has confirmed that there is no direct or indirect competition with its controlling shareholder, ensuring no conflicts of interest [110]. - The company has outlined its strategy to minimize related transactions and ensure compliance with legal regulations [113]. Market Outlook - Future industry trends indicate a growth rate of over 15% in the unified communication sector, with increasing demand for IT services related to security, cloud systems, and big data [91]. - The company is positioned to benefit from the "Internet Plus" strategy, which aims to integrate modern manufacturing with mobile internet, cloud computing, and big data [87]. - The company plans to adjust the use of part of the raised funds due to delays in project progress and changes in market conditions [77]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its technological capabilities [146].