兰生股份(600826) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥1,643,485,641.07, representing a 15.58% increase compared to ¥1,421,957,783.90 in 2023[24] - The net profit attributable to shareholders for 2024 was ¥306,839,774.37, an increase of 11.44% from ¥275,347,410.76 in 2023[24] - The net profit after deducting non-recurring gains and losses was ¥225,745,914.86, showing a slight increase of 2.06% from ¥221,200,188.20 in 2023[24] - The net cash flow from operating activities improved significantly to ¥305,266,000.48, a turnaround from a negative cash flow of ¥135,531,669.02 in 2023, marking a 325.23% increase[24] - The total assets at the end of 2024 were ¥5,787,327,948.29, up 4.71% from ¥5,526,863,665.72 at the end of 2023[24] - The net assets attributable to shareholders increased to ¥4,187,844,427.98, reflecting an 8.14% growth from ¥3,872,730,812.82 in 2023[24] - Basic earnings per share for 2024 were ¥0.49, a decrease of 5.77% compared to ¥0.52 in 2023[25] - The weighted average return on net assets for 2024 was 7.58%, an increase of 0.13 percentage points from 7.45% in 2023[25] Dividend and Share Repurchase - The company plans to distribute a cash dividend of ¥2.20 per 10 shares, totaling approximately ¥159,320,384.96[6] - The cash dividend ratio reached 52.86% in 2024, with a total of 11.35 million shares repurchased, amounting to over 100 million yuan[51] - The company declared a cash dividend of CNY 202,771,399.04, which accounts for 66.08% of the net profit attributable to ordinary shareholders in the consolidated financial statements[152] - The cumulative cash dividend amount over the last three accounting years is CNY 405,228,124.02, with a cumulative buyback and cancellation amount of CNY 25,082,502.31, totaling CNY 430,310,626.33[154] Exhibition and Event Management - The company hosted and participated in 59 exhibition projects, an increase of 18% year-on-year, with a total exhibition area of 1.24 million square meters[33] - The company hosted 3,844 trade exhibitions, with a total exhibition area of 1.55 million square meters, reflecting a 10.1% year-on-year increase[55] - The total number of exhibitors served reached 17,600, with 1.91 million visitors attending various events throughout the year[34] - The company is focusing on high-quality development in the domestic exhibition industry, with a notable increase in average exhibition area from 35,900 square meters in 2023 to 40,300 square meters in 2024, a growth of 12.3%[55] - The company is involved in organizing various events, including exhibitions and sports competitions, with a focus on both domestic and international markets[65] Technological Advancements - The company is enhancing its digital capabilities by launching a new "Digital Exhibition" lifecycle management system and improving data utilization efficiency[49] - The company is leveraging AI and 5G technology for smart venue transformation to enhance service efficiency[71] - The company is focusing on integrating technology into its operations, utilizing AI, IoT, and big data to enhance the efficiency and safety of its exhibition venues[61] International Expansion - The company expanded its international collaboration by signing a partnership with the Bologna International Pet Supplies Exhibition, enhancing its presence in the European pet market[35] - The company is focusing on international expansion and enhancing its brand recognition in the exhibition industry[71] - The company is actively pursuing international strategic partnerships and expanding its presence in overseas markets to enhance its global competitiveness[104] Sustainability Initiatives - The company is committed to sustainable practices, incorporating green and low-carbon principles into its exhibition operations[60] - The company implemented energy management measures in its exhibition venues, such as installing rooftop solar panels and replacing lighting with LED sources[166] - The company is committed to sustainable development, emphasizing green practices across its operations and aligning with global climate change initiatives[97] Governance and Compliance - The company has established a robust governance mechanism in place, ensuring independence from its controlling shareholder and protecting minority shareholder rights[114] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[115] - The company has established an effective internal control system in accordance with relevant regulations, ensuring compliance and operational efficiency[156] Employee and Community Engagement - The company has established the "Dach College" to enhance training systems and develop industry leaders and professionals[145] - The company contributed a total of CNY 1,153,800 (approximately USD 175,000) to various charitable initiatives, including donations to the Red Cross and a special fund for the Shanghai Marathon[170] - The company engaged 4,800 volunteers from various universities and organizations to support the Shanghai Marathon, enhancing participant experience[175] Future Outlook - The company anticipates steady growth in the exhibition industry, contributing to consumer demand and economic development through various events[93] - The company aims to enhance its core competitiveness and establish itself as a world-renowned exhibition service brand by 2025, aligning with Shanghai's goal of becoming an "International Exhibition Capital"[100] - The company plans to leverage major exhibitions as platforms for launching new products and services, enhancing consumption trends[93]