SSET(SZ:300540)2025-04-16 08:35Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year, representing a year-on-year increase of 15%[14]. - The company's operating revenue for 2024 reached ¥861,508,189.96, representing a 28.90% increase compared to ¥668,353,736.19 in 2023[19]. - Net profit attributable to shareholders for 2024 was ¥72,366,839.38, a significant increase of 121.67% from ¥32,645,780.37 in 2023[19]. - The net profit after deducting non-recurring gains and losses surged to ¥38,568,057.32, up 1,093.69% from ¥3,231,006.67 in 2023[19]. - The total new contracts signed in 2024 amounted to approximately 1.335 billion yuan, reflecting a year-on-year increase of 33.10%[38]. - The company achieved a revenue of 862 million yuan in 2024, representing a year-on-year growth of 28.90%[38]. - The revenue from LNG equipment amounted to ¥612,389,863.15, accounting for 71.08% of total revenue, with a growth of 24.38% from ¥492,368,792.27 in the previous year[57]. - The gas operation segment saw a significant increase in revenue, rising by 351.51% to ¥12,460,800.91 from ¥2,759,814.61 in 2023[57]. - Domestic sales contributed ¥795,524,146.04, which is 92.34% of total revenue, reflecting a 47.82% increase from ¥538,162,276.32 in the prior year[57]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 0.50 per 10 shares (including tax) to all shareholders, based on a total share capital of 163,970,793 shares after deducting the repurchased restricted shares[3]. - The cash dividend amount for the year was 8,198,539.65 CNY, representing 100% of the total profit distribution[150]. - The company plans to distribute a cash dividend of 0.50 CNY per 10 shares, totaling 8,198,539.65 CNY, and to increase capital by issuing 4 additional shares for every 10 shares held, totaling 65,588,317 shares[152]. Market Expansion and Strategic Initiatives - The company is focusing on expanding its market presence in clean energy technologies, particularly in hydrogen energy solutions, with plans to establish a joint venture with Toyota for hydrogen technology[13]. - The company is actively expanding its LNG sales market in key regions such as Xinjiang and Inner Mongolia, establishing a comprehensive LNG energy business sales system[43]. - The company is advancing its clean energy investment and operation platform by establishing a joint venture with Toyota, focusing on hydrogen fuel cell systems and aligning with local hydrogen industry development plans[92]. - The company aims to enhance its market competitiveness by transitioning from an equipment manufacturer to a clean energy investment and operation provider[86]. - The company plans to strengthen market expansion and technological innovation in the deep cooling technology equipment sector, with a focus on LNG and large air separation units, optimizing project management, and enhancing cost control capabilities[90]. Research and Development - The company has allocated RMB 200 million for research and development of new LNG and hydrogen liquefaction technologies in the upcoming fiscal year[14]. - The company invested 31.58 million CNY in R&D during the reporting period, resulting in the acquisition of 14 patents, including 7 invention patents[45]. - The company is developing high-purity liquid methane production technology to expand its cryogenic liquid product line and open new markets[68]. - A new 35MPa hydrogen refueling machine is under development to support the company's future hydrogen energy market expansion[68]. - The number of R&D personnel increased by 11.11% to 130 in 2024, with a higher proportion of master's degree holders rising by 44.44%[69]. Risk Management - The company has identified potential risks related to market competition and regulatory changes in the clean energy sector, and has outlined strategies to mitigate these risks[3]. - The company faces risks related to accounts receivable management, with a significant balance impacting asset quality and financial status, and plans to implement stricter internal controls and collection strategies[93]. - The company acknowledges potential risks in business development due to the expansion of its various business segments and plans to strengthen market research and risk management to adapt to new challenges[94]. Corporate Governance - The company emphasizes its commitment to improving corporate governance and internal control systems, aligning with regulatory requirements[101]. - The board of directors consists of 9 members, including 3 independent directors, with independent directors accounting for one-third of the total[103]. - The supervisory board held 6 meetings, adhering to regulatory rules and ensuring effective oversight of the company's operations and financial status[105]. - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, and operations, with no instances of fund occupation or guarantees provided to related parties[106]. - The company has established a robust investor relations management system, responding to investor inquiries through various channels and holding 2 performance briefings during the reporting period[107]. Environmental and Social Responsibility - The company is listed as a key pollutant discharge unit by the Chengdu Ecological Environment Bureau, adhering to various environmental protection laws and maintaining a 100% operational status of pollution prevention facilities[162]. - The company has received 7,000,000 CNY in capital contributions for its newly established subsidiary, Sichuan Shudao Zhixin Energy Technology Co., Ltd., with a registered capital of 20,000,000 CNY[157]. - The company has actively participated in volunteer activities, promoting safety and health knowledge in rural communities[168]. - The company has launched a high-purity nitrogen supply project in underdeveloped areas, contributing to local economic development[169]. - The company has completed consumption assistance for agricultural products in Aba County, reinforcing the achievements of national poverty alleviation efforts[169]. Employee Management and Compensation - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 6.1857 million yuan[134]. - The company has a flexible compensation system linked to performance, ensuring employee interests are protected[146]. - The total number of directors, supervisors, and senior management receiving remuneration is 13[136]. - The company has a structured salary scheme that includes pre-paid performance salaries that are settled after evaluations[134]. - The company is focused on training and development, implementing a comprehensive training program aligned with its strategic goals[147].