SUFA(SZ:000777)2025-04-15 13:00Dividend Distribution - The company plans to distribute a cash dividend of 1.74 RMB per 10 shares to all shareholders, based on a total of 383,417,593 shares[5]. - The company has implemented a cash dividend policy, distributing a total of 71,896,187.89 RMB to shareholders, with a payout of 1.87 RMB per 10 shares[131]. - The cash dividend for the year 2024 is proposed to be 1.74 CNY per 10 shares, amounting to a total of 66,714,661.18 CNY, which represents 100% of the profit distribution[134]. - The company reported a distributable profit of 1,225,299,032.52 CNY, with the total cash dividend accounting for 32.43% of the net profit attributable to shareholders for the year 2024[135]. Financial Performance - The company's operating revenue for 2024 was CNY 1,843,447,034.94, representing a 1.86% increase from CNY 1,809,754,356.99 in 2023[21]. - The net profit attributable to shareholders for 2024 was CNY 229,331,122.93, up 3.29% from CNY 222,030,159.90 in 2023[21]. - The net profit after deducting non-recurring gains and losses was CNY 210,910,313.73, a 9.35% increase from CNY 192,882,773.50 in 2023[21]. - The total assets at the end of 2024 reached CNY 3,660,699,534.48, an 11.48% increase from CNY 3,283,866,416.22 at the end of 2023[21]. - The net assets attributable to shareholders increased by 7.88% to CNY 2,158,452,084.18 at the end of 2024, compared to CNY 2,000,701,171.05 at the end of 2023[21]. - The basic earnings per share for 2024 was CNY 0.60, a 3.45% increase from CNY 0.58 in 2023[21]. - The diluted earnings per share also stood at CNY 0.60, reflecting the same 3.45% increase from CNY 0.58 in 2023[21]. Research and Development - The company plans to expand its research and development in nuclear technology applications and related products[19]. - Research and development (R&D) expenses were 65,592,210.14 CNY in 2024, down 9.77% from 72,696,712.59 CNY in 2023, representing 3.56% of total revenue[53]. - The number of R&D personnel increased by 12.99% to 174 in 2024, with the proportion of R&D staff rising to 17.06%[53]. - The company is currently developing key valves for nuclear engineering and energy sectors, aiming to achieve domestic manufacturing capabilities[52]. Market and Product Development - The company has expanded its product applications into new fields such as pumped storage, big data processing centers, and hydrogen production, achieving new performance milestones[33]. - The company is focusing on expanding its overseas business and has specific strategies in place for international market development[85]. - The company is actively involved in the development of key nuclear valves, with ongoing research and supply capabilities being evaluated[83]. - The company is planning to expand its market presence and product offerings in the nuclear energy sector, including high-temperature gas-cooled reactors[83]. Corporate Governance - The company emphasizes the importance of accurate and complete financial reporting, with all board members present for the meeting[5]. - The company has been rated as an A-level listed company for information disclosure by the Shenzhen Stock Exchange for eight consecutive years, indicating strong governance and transparency[37]. - The governance structure includes a board of 9 directors, with 3 independent directors, complying with legal requirements[94]. - The company maintains strict independence from its controlling shareholders in terms of personnel, assets, and finances[97]. Risk Management - The report includes a detailed description of potential risks and countermeasures in the future development outlook section[5]. - The company faces risks related to stable growth and project order fulfillment, with measures in place to manage non-nuclear projects and expand into emerging markets like pumped storage and hydrogen energy[79]. Environmental and Social Responsibility - The company implemented a solar power system at the Zhujiang Road plant, generating an average of over 130,000 kWh per month, contributing to a reduction of approximately 1,150 tons of CO2 emissions in 2024[147]. - The company is committed to enhancing its efforts in poverty alleviation and rural revitalization, focusing on industrial assistance and support for regions like Qinghai, Tibet, and Xinjiang in 2025[150]. - The company has established a comprehensive EHS management system to ensure compliance with environmental laws and regulations[147]. Shareholder Engagement - The participation rate of investors in the first extraordinary general meeting of 2024 was 1.43%[99]. - The participation rate of investors in the 28th annual general meeting of 2023 was 0.25%[100]. - The company has provided opportunities for minority shareholders to express their opinions and protect their legal rights[133]. Internal Control and Compliance - The company has established a comprehensive internal control system, with 74 new or revised regulations in 2024, ensuring no significant internal control deficiencies were identified[139]. - The internal control audit report was disclosed on April 16, 2025, and is available on the Securities Times and the Giant Tide Information Network[144]. - The company maintained effective internal control over financial reporting as of December 31, 2024, according to the internal control audit report[144].