Jangho(SH:601886)2025-03-19 09:40Profit Distribution and Financial Performance - The profit distribution plan for 2024 proposes a cash dividend of 4 RMB per 10 shares, based on a total share capital of 1,133,002,060 shares[7]. - The company distributed cash dividends totaling approximately 397 million yuan for the 2024 fiscal year, resulting in a dividend yield of 6%, significantly exceeding the bank deposit interest rate[50]. - The net profit attributable to shareholders decreased by 5.07% to ¥637.70 million from ¥671.74 million in the previous year[25]. - The company's net profit for the year was approximately 772 million yuan, a year-on-year increase of 3.88%, while the net profit attributable to shareholders decreased by 5.07% to approximately 638 million yuan[38]. - The company's operating revenue for 2024 reached ¥22.41 billion, an increase of 6.93% compared to ¥20.95 billion in 2023[25]. - The basic earnings per share for 2024 was ¥0.56, down 5.08% from ¥0.59 in 2023[26]. - The company's total revenue from the healthcare sector was CNY 1,095,453,193.49, with a gross profit margin of 25.99%, reflecting a decrease of 1.81 percentage points[81]. - The total cash dividend for the recent three fiscal years was 872,411,586.20 RMB, with a cumulative buyback and cancellation amount of 156,910,287.91 RMB[186]. Audit and Governance - 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 confirmed that all board members attended the board meeting, ensuring governance integrity[5]. - The company has established a governance structure that includes a shareholders' meeting, board of directors, supervisory board, and senior management, ensuring compliance with relevant laws and regulations[140]. - The board of directors consists of nine members, including three independent directors, and operates under strict election procedures and term limits[143]. - The supervisory board is responsible for overseeing the company's management and financial status, ensuring the interests of the company and all shareholders are maintained[144]. - The company has implemented an information disclosure system to ensure all relevant information is disclosed accurately and timely, enhancing transparency for shareholders[148]. - The company has appointed independent directors to oversee compliance and governance matters[164]. Risks and Challenges - The company faces significant risks including policy risks and market competition risks, which are detailed in the report[9]. - The company acknowledges risks in its photovoltaic component sales due to market volatility and local policy changes[135]. - The company is exposed to potential risks in its overseas operations due to economic and political conditions in target markets[134]. - The company faces management risks due to challenges in resource integration, medical management, talent management, and market expansion as its healthcare business continues to grow[137]. - The healthcare sector has a high demand for skilled technical and management personnel, and the company may face talent shortages that could negatively impact its expansion plans[138]. Operational Performance and Strategy - The company achieved a total of approximately 27.049 billion yuan in new orders for its construction decoration business, representing a year-on-year growth of 4.68%[36]. - The company has a diversified portfolio with subsidiaries in various sectors, including curtain wall systems and medical services[13]. - The company is actively expanding its overseas business, successfully securing numerous international project orders[58]. - The company is focusing on the development of customized traditional curtain wall products in international markets while promoting the sales of specialized photovoltaic components[124]. - The company plans to expand its photovoltaic building business, anticipating increased market demand due to the government's "dual carbon" strategy and new regulations[121]. Research and Development - The company obtained 113 new patent authorizations during the reporting period, bringing the total to over 1,200 patents, showcasing its strong R&D capabilities[45]. - The company has maintained a strong focus on technological innovation, with 113 new patents granted during the reporting period[69]. - The company launched a manufacturing execution system (MES) and automated processing lines for aluminum components in four major factories, enhancing automation capabilities to meet diverse market demands[45]. Social Responsibility and Sustainability - The company has established an environmental protection mechanism and disclosed its 2024 sustainability report[193]. - Total donations for social responsibility projects amounted to 1.1 million yuan, benefiting 265 individuals[195]. - The company contributed 176,500 yuan to poverty alleviation and rural revitalization projects, impacting 220 individuals[196]. - The company implemented carbon reduction measures, successfully reducing carbon dioxide equivalent emissions by 512 tons[194]. Employee and Management Structure - The total number of employees across the parent company and major subsidiaries is 10,231, with 5,313 being technical personnel[174]. - The company has a competitive salary policy, adjusting employee salaries annually despite industry challenges[175]. - The management team includes experienced professionals, with several holding key positions for over five years, indicating stability in leadership[157]. - The company has established a remuneration plan for 2024 that aligns with shareholder interests and industry standards[172]. Future Outlook and Strategic Goals - The company aims for a "zero accident, zero occupational disease" safety management goal and has not reported any major safety incidents during the reporting period[101]. - Future performance guidance remains optimistic, with a focus on leveraging existing strengths and exploring new market opportunities[156]. - In 2025, the company aims to enhance profit and cash flow while expanding both domestic and international markets, focusing on regions like Saudi Arabia, Dubai, Singapore, and Malaysia[125].