CHALKIS(SZ:000972)2025-03-28 12:15Financial Performance - The total revenue for 2024 was approximately ¥308.15 million, a decrease of 46.48% compared to ¥575.78 million in 2023[19]. - The net profit attributable to shareholders for 2024 was a loss of approximately ¥230.78 million, compared to a profit of ¥108.24 million in 2023[19]. - The net profit after deducting non-recurring gains and losses for 2024 was a loss of approximately ¥307.78 million, compared to a profit of ¥38.56 million in 2023[19]. - The basic earnings per share for 2024 was -¥0.2992, compared to ¥0.1403 in 2023[19]. - The weighted average return on net assets for 2024 was -261.79%, a decrease of 334.22 percentage points from 72.43% in 2023[19]. - The net cash flow from operating activities for 2024 was a negative ¥97.60 million, an improvement from a negative ¥182.23 million in 2023[19]. - The company's overall revenue decreased by 46.48% compared to 2023, with manufacturing revenue dropping by 50.88%[38]. - The revenue from bulk tomato sauce was 221,670,861.19 yuan, a decline of 56.80% year-on-year[38]. - The company reported a negative total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2024, with revenue below 300 million yuan, triggering delisting risk warnings from the Shenzhen Stock Exchange[161]. Assets and Liabilities - The company's total assets increased by 42.12% to approximately ¥1.74 billion at the end of 2024, up from ¥1.22 billion at the end of 2023[19]. - The net assets attributable to shareholders were negative at approximately ¥27.37 million at the end of 2024, compared to positive net assets of ¥203.54 million at the end of 2023[19]. - Total liabilities amounted to ¥1,756,688,135.47, an increase from ¥1,014,615,925.64[198]. - Current liabilities totaled ¥1,559,200,657.09, compared to ¥925,212,223.74 in the previous period[198]. - Non-current liabilities reached ¥197,487,478.38, up from ¥89,403,701.90[198]. - The total equity attributable to shareholders was reported at -¥27,368,045.66, a significant decrease from ¥203,541,954.43[199]. Market and Product Development - The company is planning to acquire 100% equity of Xinjiang Xinye Energy Chemical Co., Ltd. through a share issuance, which may lead to a change in actual control[7]. - The company has expanded its product line to include small-packaged tomato products, catering to both B-end and C-end market demands[35]. - The company is positioned in a "blue ocean" market for tomato products, indicating significant growth potential in the domestic sector[29]. - The company reported a significant increase of 124.28% in agricultural product sales, amounting to 20,037,340.00 yuan[38]. - The company is focusing on enhancing its quality control systems, having achieved multiple international certifications for its tomato products[33]. Research and Development - The company has established a postdoctoral research station and completed 10 technology project applications in 2023, including 12 patent applications[32]. - Research and development expenses increased significantly by 362.89% to ¥3,831,965.26 in 2024, compared to ¥827,843.81 in 2023, due to higher personnel costs[49]. - R&D investment as a percentage of operating revenue rose to 1.24% in 2024 from 0.14% in 2023, reflecting a 1.10% increase[54]. - The company is focused on enhancing its independent innovation capabilities, promoting high-quality development in the tomato industry[50]. Corporate Governance - The company is focused on improving its corporate governance structure to enhance operational efficiency and risk management capabilities[68]. - The company has established a market value management system to enhance its valuation and attract strategic investors[73]. - The company’s governance structure aligns with the requirements set by the China Securities Regulatory Commission, with no significant discrepancies noted[76]. - The company has a robust internal control and compliance risk prevention system in place[76]. - The company has maintained a consistent approach to governance, with no reported penalties from regulatory bodies in the past three years[100]. Environmental and Social Responsibility - The company has established a comprehensive ESG management system, integrating ESG strategies into its long-term planning[131]. - The company has undertaken multiple environmental upgrades, including gas boiler replacements and wastewater treatment improvements[131]. - The company is committed to social responsibility and sustainable development, regularly disclosing its sustainability reports in accordance with Shenzhen Stock Exchange guidelines[133]. - The company has implemented a "leading enterprise + base + farmers" model to strengthen cooperation with local tomato growers, enhancing their economic benefits through technical support and optimized planting structures[134]. Management Changes - Liu Hong resigned as Chairman of the Board effective January 14, 2025, due to personal reasons[82]. - The company has seen a significant turnover in its board, with multiple independent directors and supervisors leaving and being appointed between July and December 2024[84]. - The company is in the process of appointing new executives, including a general manager and financial director, to strengthen leadership[105]. - The company is preparing for a new phase of growth with the upcoming leadership changes, aiming to strengthen its market position[85].