JHT(SH:603061)2025-03-18 12:00Financial Performance - The company achieved operating revenue of RMB 406.67 million in 2024, an increase of 17.12% compared to RMB 347.23 million in 2023[25]. - The net profit attributable to shareholders was RMB 78.48 million, a decrease of 7.44% from RMB 84.79 million in the previous year[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 67.74 million, down 2.49% from RMB 69.47 million in 2023[25]. - The cash flow from operating activities was RMB 58.99 million, a significant recovery from a negative cash flow of RMB -48.36 million in 2023[25]. - The total assets at the end of 2024 were RMB 1.60 billion, a slight increase of 0.86% from RMB 1.58 billion at the end of 2023[25]. - The net assets attributable to shareholders decreased by 5.91% to RMB 1.32 billion from RMB 1.40 billion in 2023[25]. - Basic earnings per share for 2024 were RMB 1.35, down 8.16% from RMB 1.47 in 2023[26]. - The weighted average return on net assets was 6.01%, a decrease of 0.83 percentage points from 6.84% in the previous year[26]. Dividend Policy - The company plans to distribute a cash dividend of 1.70 CNY per 10 shares, totaling approximately 9,905,089.10 CNY (including tax) based on a total share count of 58,265,230 shares as of March 18, 2025[7]. - The cash dividend distribution policy states that at least 10% of the distributable profit should be allocated as cash dividends if there are no major investment plans or cash expenditures in the next twelve months[140]. - The company emphasizes a profit distribution policy that prioritizes cash dividends, aiming for 80% of profits to be distributed as cash when in a mature phase without major expenditures[141]. - The company declared a cash dividend of 10 RMB per share, totaling 9,905,089.10 RMB, which represents 12.62% of the net profit attributable to ordinary shareholders[149]. - The total cash dividend amount (including tax) for the year is 175,856,277.30 RMB, accounting for 224.07% of the net profit attributable to ordinary shareholders[149]. Research and Development - The company is advancing its semiconductor testing equipment smart manufacturing and innovation R&D center, which will enhance its comprehensive competitiveness[38]. - The company continues to focus on product innovation and technology upgrades to strengthen its competitive edge in the semiconductor industry[37]. - Research and development expenses rose by 8.35% to CNY 41,645,689.94, reflecting ongoing investment in innovation[60]. - The company has 112 R&D personnel, making up 30.68% of the total workforce[75]. - The company plans to invest 300 million RMB in new technology research over the next three years[116]. Market Strategy and Expansion - The company plans to enhance its product offerings and expand market presence in the coming years[27]. - The company is set to officially launch its "Malaysia Production and Operation Center" in February 2025, enhancing its market responsiveness[39]. - The semiconductor testing equipment market is expected to see increased demand due to the adjustment of global semiconductor industry capacity and technological upgrades[45]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[116]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of $100 million set aside for potential deals[115]. Customer and Supplier Concentration - The company's top five customers accounted for 50.96% of total revenue during the reporting period, indicating a high customer concentration risk[100]. - The top five suppliers accounted for CNY 6,975.46 million, representing 46.55% of total annual purchases, indicating a dependency on a limited number of suppliers[72]. Internal Controls and Governance - The company has established a comprehensive after-sales service system to support its clients in various regions, including mainland China, Taiwan, Southeast Asia, and Europe[52]. - The internal control system operated effectively, ensuring normal operations and steady development of the company[156]. - The audit committee reviewed the special report on the actual use of raised funds, ensuring transparency and accountability in financial management[130]. - The company has committed to not engaging in any competitive business activities that could harm the interests of the company and its shareholders[184]. Environmental Responsibility - Environmental protection investments amounted to 114.7 million CNY during the reporting period[158]. - The company has achieved ISO14001 environmental management system certification, enhancing its environmental management capabilities[160]. - The company has adopted carbon reduction measures, including energy-saving technologies and the use of solar lighting in its facilities[161]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[159]. Financial Audit and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm, ensuring the accuracy and completeness of the financial report[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[187]. - The company has not encountered any violations regarding guarantees during the reporting period[187]. - The company reported a commitment to ensure that the prospectus and other disclosure materials for its initial public offering (IPO) do not contain false statements or significant omissions[172].