EASTSOFT(SZ:300183)2025-03-30 07:35Dividend Distribution - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total of 462,609,137 shares[4]. - The cash dividend represents 100% of the total distributable profit of CNY 1,719,163,988.06 for the year[186]. - The cash dividend distribution was approved at the annual general meeting on May 15, 2024, with the record date set for June 5, 2024, and the ex-dividend date on June 6, 2024[185]. - No stock dividends or capital reserve transfers to increase share capital were proposed for the reporting period[185]. Financial Performance - The company's operating revenue for 2024 reached ¥1,030,467,840.44, representing a 4.53% increase compared to ¥985,777,004.80 in 2023[21]. - The net profit attributable to shareholders for 2024 was ¥66,827,640.62, up 9.39% from ¥61,093,230.11 in 2023[21]. - The net cash flow from operating activities for 2024 was ¥191,865,192.17, a 15.80% increase from ¥165,691,060.46 in 2023[21]. - The total assets at the end of 2024 amounted to ¥3,564,097,626.04, a 1.21% increase from ¥3,521,395,832.86 at the end of 2023[21]. - The company achieved a revenue of 1,030.47 million yuan, representing a year-on-year growth of 4.53%[65]. - The net profit attributable to shareholders was 66.83 million yuan, with a year-on-year increase of 9.39%[65]. Research and Development - The company invested ¥160,354,774.30 in R&D, which is 15.56% of its total revenue for the period[76]. - The number of R&D personnel increased to 468 in 2024, representing a growth of 1.96% compared to 459 in 2023[93]. - The company has obtained a total of 52 invention patents this year, with 16 more pending[72]. - The company has a significant number of patents, with over 60 invention and utility model patents, showcasing its commitment to research and development[162]. Market and Product Development - The company is focusing on the development of Advanced Metering Infrastructure (AMI) to enhance smart meter integration and remote data collection capabilities[14]. - The company is actively involved in the energy internet sector, emphasizing the integration of traditional and renewable energy sources to support national energy security and carbon neutrality goals[32]. - The company is enhancing its smart grid capabilities, focusing on the integration of physical and digital infrastructures to support renewable energy and electric vehicle integration[33]. - The company aims to achieve a digital transformation in manufacturing by 2025, aligning with national policies that emphasize the integration of new generation information technologies such as industrial internet and digital twin into the manufacturing system[37]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, highlighting potential operational risks and corresponding countermeasures[4]. - The company faces risks from rising raw material prices, which could impact product costs and gross margins[142]. - The company is at risk of declining sales prices due to increased competition in the power line carrier communication industry, which may affect profitability[142]. - The company has established a three-tier risk prevention system for accounts receivable management to enhance turnover efficiency and control liquidity risks[144]. Corporate Governance - The company has established a governance structure that complies with relevant laws and regulations, ensuring a clear division of responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[151]. - The company operates independently from its controlling shareholder in terms of personnel, assets, finance, and business, maintaining a complete and autonomous operational capability[152]. - The company has implemented a structured investor relations management approach to enhance communication with investors[151]. - The board consists of nine members, including three independent directors, with a diverse professional background in finance, engineering, and management[160]. Environmental and Social Responsibility - The company has not engaged in any derivative investments during the reporting period[113]. - The company and its subsidiaries are not classified as key pollutant discharge units by the environmental protection department[194]. - No administrative penalties were imposed on the company or its subsidiaries due to environmental issues during the reporting period[194]. - The company has implemented measures to reduce carbon emissions, as detailed in the 2024 ESG report[194]. Strategic Initiatives - The company is expanding its overseas market efforts in energy internet and smart business, particularly in key regions like the Belt and Road Initiative, establishing marketing and R&D centers domestically and internationally[131]. - The company aims to enhance its smart lighting solutions by 2025, focusing on various scenarios including offices, hospitals, and campuses[136]. - The company plans to leverage its dual headquarters strategy in Qingdao and Nanhai to enhance market competitiveness and explore new profit growth points[127]. - The company is committed to increasing R&D investment in chip products to support energy internet and smart business sectors, ensuring alignment with external market demands[137].