IBR(SZ:300675)2025-03-21 11:00Financial Performance - The net profit attributable to shareholders of the listed company decreased year-on-year, primarily due to a non-comparable one-time increase in the previous year, but overall remained positive[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses turned from a loss to a profit, indicating effective management measures[3]. - The company's operating revenue for 2024 was CNY 372,244,100.60, representing a decrease of 11.83% compared to CNY 422,170,695.22 in 2023[20]. - The net profit attributable to shareholders for 2024 was CNY 2,401,417.00, a significant decline of 89.86% from CNY 23,677,863.07 in 2023[20]. - The net cash flow from operating activities decreased by 92.33% to CNY 1,113,303.24 in 2024, down from CNY 14,515,979.14 in 2023[20]. - Basic earnings per share for 2024 were CNY 0.0164, a drop of 89.84% compared to CNY 0.1614 in 2023[20]. - The net profit attributable to shareholders for Q4 2024 was 36,883,378.49 CNY, marking a significant recovery from losses in the previous three quarters[23]. - The net cash flow from operating activities in Q4 2024 reached 68,082,591.92 CNY, indicating a strong turnaround compared to negative cash flows in the first three quarters[23]. Dividend Distribution - The company plans to distribute a cash dividend of 0.1 RMB per 10 shares (including tax) based on a base of 146,666,700 shares, with no bonus shares issued[4]. - The profit distribution plan proposes a cash dividend of CNY 0.10 per 10 shares, totaling CNY 1,466,667.00, which represents 61.08% of the net profit attributable to shareholders[166]. Business Operations and Strategy - The company's main business and core competitiveness have not experienced significant adverse impacts, and key financial indicators align with industry trends[3]. - The company maintains a stable operating capability with no significant risks to its ongoing operations[3]. - The company is focusing on green development and comprehensive services in urban planning and construction, aligning with national low-carbon initiatives[20]. - The company is committed to aligning with national policies promoting green and low-carbon development, which strengthens its strategic confidence[32]. - The company focuses on providing comprehensive solutions for urban green development, with main business segments in urban green development and green living public trust[35]. - The company has established a core business in urban planning, architectural design, EPC, and project management, emphasizing the integration of innovation to enhance operational efficiency[36]. Research and Development - The company has a strong R&D foundation with over 220 national and provincial research projects, more than 100 patents, and 67 software copyrights[42]. - The company is advancing research on flexible energy response systems for building direct current distribution systems, aiming to establish technical standards[72]. - The company aims to maintain its leading position in the "virtual power plant" sector through innovative research and application of direct current distribution technologies[72]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year, representing a 15% year-over-year growth[136]. - Research and development investments increased by 30%, totaling 150 million RMB, aimed at innovative construction solutions[136]. Market Presence and Expansion - The company is actively expanding its market presence in key regions like Shenzhen and Xiong'an, focusing on customized services to meet local government and enterprise needs[38]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[136]. - A strategic acquisition of a local competitor is anticipated to enhance the company's service offerings and increase market penetration[136]. Risk Management and Compliance - The report highlights the importance of investor awareness regarding potential risks and the company's countermeasures[3]. - The company will implement a comprehensive risk and internal control management system to ensure effective risk management across all business units[102]. - The company has established a comprehensive compliance system, including a compliance organization, management methods, and case manuals to enhance compliance awareness among employees[178]. Corporate Governance - The company has established a comprehensive governance system, including various rules and regulations to ensure compliance with legal requirements[109]. - The board of directors consists of 9 members, including 3 independent directors, and held 10 meetings during the reporting period[112]. - The company has received an A-level rating for information disclosure from the Shenzhen Stock Exchange for three consecutive years[118]. - The company has not identified any significant discrepancies between its governance practices and regulatory requirements[119]. Sustainability Initiatives - The company aims to become a leader in green urban development, promoting a low-carbon lifestyle[171]. - The company has implemented a green building initiative, reducing energy consumption by approximately 40% compared to similar buildings during the same period[192]. - The company has received multiple awards for its green building initiatives, including the National Green Building Innovation Award[192]. - The company aims to achieve a nearly zero-carbon construction goal by integrating over 100 carbon reduction technologies in key projects like the Shenzhen vocational education park[196]. Employee Management - The company has a total of 847 employees, with 654 being technical personnel, representing approximately 77% of the workforce[158]. - The company has established a training program to improve leadership skills and enhance internal resource allocation efficiency[160]. - The company aims to enhance performance assessment and salary linkage in 2024, focusing on optimizing incentive structures[159]. Financial Management - The company has implemented strict controls over cash management, ensuring safety and effectiveness in fund disbursement through defined approval processes[179]. - The company has developed a comprehensive budget management approach to reflect future sales, costs, and cash flows, aiming for scientific and standardized management[182].