CJJG(SH:600496)2025-04-11 14:55Financial Performance - The company's operating revenue for 2024 reached ¥18,492,059,121, representing a 12.03% increase compared to ¥16,506,363,890 in 2023[20] - The net profit attributable to shareholders of the listed company for 2024 was ¥511,680,273, a decrease of 6.69% from ¥548,394,414 in 2023[20] - The net cash flow from operating activities increased significantly to ¥771,312,205, marking a 63.92% rise from ¥470,534,694 in the previous year[20] - The total assets of the company at the end of 2024 were ¥25,613,694,880, reflecting a 9.80% increase from ¥23,327,231,090 at the end of 2023[20] - The company's net assets attributable to shareholders increased to ¥8,941,482,793, a 5.05% rise from ¥8,511,951,676 in 2023[20] - The basic earnings per share for 2024 were ¥0.2571, down 6.71% from ¥0.2756 in 2023[21] - The diluted earnings per share decreased to ¥0.2432, a decline of 1.98% from ¥0.2481 in the previous year[21] Dividend Distribution - The company plans to distribute a cash dividend of ¥0.80 per 10 shares, totaling approximately ¥159,209,930.88, which accounts for 31.12% of the net profit attributable to shareholders[5] - The cash dividend amount distributed was RMB 159,209,930.88, representing 31.12% of the net profit attributable to ordinary shareholders[133] - Over the last three fiscal years, the cumulative cash dividend amount was RMB 350,261,251.80, with an average annual net profit of RMB 586,476,342.86, resulting in a cash dividend ratio of 59.72%[135] - The company has not proposed a cash profit distribution plan despite having positive profits available for distribution to shareholders[132] Contract and Sales Performance - In 2024, the company signed new contracts totaling RMB 21.97 billion, representing an 8.4% year-on-year increase[28] - The company's steel structure sales reached 1.353 million tons, a year-on-year growth of 10.9%[28] - Revenue for the year was RMB 18.49 billion, reflecting a 12.0% increase compared to the previous year[28] - The company achieved overseas contract orders of RMB 3 billion, a remarkable year-on-year growth of 202.9%, increasing its share of total orders from 4.9% to 13.7%[28][29] Research and Development - Research and development expenses amounted to 681,679,216.21 CNY, accounting for 3.70% of total revenue[65] - The number of R&D personnel is 1,420, which constitutes 16.80% of the total workforce[66] - The company has developed an AI software for steel structure design that enhances efficiency by automatically generating detailed drawings[32] - The company has developed a modular construction system with an assembly rate of up to 95%[40] - The company added 48 new authorized invention patents and 12 provincial-level construction methods during the reporting period[42] Operational Efficiency - The company has reduced costs by over 100 million RMB through various efficiency improvement initiatives[33] - The company achieved a net operating cash flow of 770 million RMB in 2024, representing a year-on-year increase of 63.9%[33] - The proportion of accounts receivable aged over three years decreased from 20.6% to 15%[33] - The company is committed to improving operational efficiency and controlling product costs through lean management practices[100] Environmental and Social Responsibility - The company invested RMB 1,434.64 million in environmental protection during the reporting period[143] - The company has achieved a waste gas treatment efficiency of over 90% with its RTO activated carbon adsorption and catalytic combustion equipment[147] - The company has reduced carbon emissions by 22,651.2 tons through various measures, including the introduction of a "digital factory" solution and the use of low-energy equipment[154] - The company has actively promoted green construction practices, contributing to sustainable development[153] Corporate Governance - The company will continue to enhance its governance structure in accordance with the Company Law and relevant regulations[104] - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and business operations[104] - The company’s internal control report for 2023 indicated no significant defects or important deficiencies[120] - The company has established a comprehensive risk management system to enhance financial oversight and control[140] Future Outlook and Strategy - The company aims for a new order growth of over 10% year-on-year in 2025, focusing on strategic customer management and organizational capability building[95] - The company is transitioning towards becoming a comprehensive service provider in the steel structure construction industry, aiming to establish a full industry chain ecosystem[94] - The company is actively pursuing international expansion and quality improvement in its overseas operations, particularly in the context of the Belt and Road Initiative[92] - The company is preparing for intensified competition in the low-end market while focusing on high-end market segments with higher technical requirements[100] Shareholder Information - The total number of common shareholders increased to 90,275, up from 88,562 in the previous month[191] - The largest shareholder, Jinggong Holding Group, holds 300,000,000 shares, representing 14.90% of the total shares, with 200,000,000 shares pledged[193] - The second-largest shareholder, Jinggong Holding Group Co., Ltd., holds 237,069,604 shares, accounting for 11.78% of the total shares, with 227,220,000 shares pledged[193] - The company has no reported changes in the control of major shareholders during the reporting period, indicating stability in ownership[197]