Financial Performance - The company's operating revenue for 2024 reached ¥1,053,505,564.23, representing an increase of 11.42% compared to ¥945,512,692.72 in 2023[28]. - The net profit attributable to shareholders for 2024 was ¥161,834,925.71, a significant increase of 30.69% from ¥123,827,256.96 in 2023[28]. - The total assets decreased by 19.07% to ¥2,061,095,046.57 in 2024, down from ¥2,546,708,637.27 in 2023[30]. - The total liabilities also decreased by 38.55% to ¥1,016,120,292.13 in 2024, compared to ¥1,653,523,374.76 in 2023[30]. - The company's cash flow from operating activities improved significantly to ¥174,520,485.72 in 2024, a turnaround from a negative cash flow of ¥222,076,428.19 in 2023, marking an increase of 178.59%[30]. - The gross profit margin for 2024 was 24.15%, slightly down from 24.31% in 2023[28]. - The basic earnings per share for 2024 was reported at 1.48, a decrease of 4.52% from 1.55 in 2023[28]. - The company reported a net non-recurring profit of ¥8,690,389.32 for 2024, compared to ¥9,984,782.67 in 2023[35]. - The interest coverage ratio improved to 56.46 in 2024, up from 50.20 in 2023[30]. - The company achieved operating revenue of ¥1,053,505,564.23, representing a year-on-year growth of 11.42%[53]. - The net profit attributable to shareholders reached ¥161,834,925.71, an increase of 30.69% compared to the previous year[53]. Research and Development - The company signed a strategic cooperation agreement with Sichuan New Energy Vehicle Innovation Center to enhance R&D capabilities in solid-state battery equipment[8]. - During the reporting period, the company added 7 invention patents and 52 utility model patents, bringing the total to 206 patents[8]. - The company aims to attract high-level talent and enhance technological innovation by establishing a national postdoctoral research station[7]. - The company plans to continue increasing R&D investment to maintain its core competitive advantage in the industry[8]. - The company is committed to independent R&D and technological innovation to enhance its innovation capabilities[8]. - A national-level postdoctoral research station was approved for establishment in April 2024, indicating a commitment to continuous R&D innovation[53]. - Ongoing R&D projects include the development of high-precision ultra-wide battery electrode rolling machines, which aim to enhance production efficiency and control accuracy[98]. - The company is collaborating with Tsinghua University and Yanshan University on a major technology transformation project for battery electrode rolling machines, involving six specific tasks[102]. - The development of a new generation of online flexible rolling control technology is underway, which addresses thickness consistency issues in wide battery electrodes[99]. - The company has completed the automation of double-sided adhesive application, improving the efficiency of the rolling process and meeting the demand for unmanned production lines[99]. - The company is focusing on enhancing the rolling quality of double-sided electrode sheets, which will strengthen its technological leadership in the 3C battery sector[98]. - The development of solid-state battery equipment is ongoing, aimed at improving energy density and production efficiency[100]. - The company has implemented a fully automated waste material removal system to enhance production yield and operational efficiency[100]. Market Expansion and Strategy - The company plans to continue focusing on market expansion and new product development to drive future growth[40]. - The company is actively expanding into the energy storage sector and non-lithium equipment markets, enhancing its product system[53]. - The company aims to accelerate overseas market expansion by establishing an international market management team[54]. - The company is focusing on expanding overseas markets, particularly in Europe, North America, and Southeast Asia, through capital operations to improve its industrial layout and achieve stable growth[114]. - The company is exploring cross-industry market development, particularly in carbon fiber and polymer materials, although it acknowledges potential market barriers and competition risks[116]. Corporate Governance and Compliance - The company has established a governance structure that ensures compliance with laws and regulations, protecting the interests of investors[173]. - All major decisions during the reporting period were made in accordance with internal control systems and legal procedures, with no violations reported[175]. - The company has made amendments to its articles of association in response to regulatory changes and capital structure adjustments due to public offerings[177][178]. - The company has implemented a system for accountability regarding significant errors in annual reports[172]. - The company has not introduced any new governance systems during the year, maintaining existing structures[172]. - The company’s internal management and control systems have not identified any significant defects during the reporting period[172]. - The company’s governance mechanisms provide adequate protection and equal rights for all shareholders[174]. - The company’s board and management have fulfilled their obligations faithfully during the reporting period[173]. - The supervisory board found no significant risk issues during its oversight activities, affirming the integrity of the company's periodic reports[190]. Shareholder Information - The company completed the distribution of 2023 equity dividends, distributing a cash dividend of 3 RMB per 10 shares and increasing the total share capital to 112,044,000 shares[8]. - The total registered capital of the company increased to 112,044,000 RMB following the equity distribution[23]. - The company has 112,044,000 total shares outstanding after an increase of 18,674,000 shares during the reporting period[131]. - The largest shareholder, Fu Jianxin, increased his holdings from 13,425,000 shares to 16,110,000 shares, representing 14.38% of total shares[133]. - The top ten shareholders collectively hold 51,109,520 shares, accounting for 45.62% of total shares[136]. - The actual controllers of the company, Fu Jianxin, Mu Jifeng, and Geng Jianhua, hold 32,337,600 voting rights, which is 28.86% of the total[138]. - The company raised a total of 280 million CNY in financial products, with an outstanding balance of 110 million CNY[84]. - The company has not experienced any share pledges or judicial freezes among its major shareholders[137]. - The company has established a profit distribution policy, distributing cash dividends of 3 yuan per 10 shares and a capital increase of 2 shares per 10 shares, totaling 18,674,000 shares and cash dividends of 28,011,000 yuan[146]. Employee and Talent Management - The total number of employees decreased from 746 to 608, a reduction of approximately 18.5%[160]. - The total number of unlocked shares for executives is 444,600, while 592,800 shares remain locked[159]. - The company has established partnerships with multiple labor service companies to meet staffing and order delivery needs[162]. - The company has implemented a comprehensive training system for employees, including onboarding and skills training[161]. - The company aims to attract and retain talent through a scientific incentive mechanism and effective performance evaluation[161]. Legal and Audit Matters - The audit report indicates that the financial statements of Nakonor have been prepared in accordance with accounting standards and fairly reflect the financial position as of December 31, 2024[199]. - The audit opinion is unqualified, confirming the reliability of the financial statements without any reservations[199]. - The audit was conducted by Lixin Certified Public Accountants, with an audit fee of 550,000 yuan[199]. - The audit report was issued on April 17, 2025, ensuring timely communication of financial results[199]. Social Responsibility - The company emphasizes the importance of social responsibility, actively engaging in poverty alleviation and charitable activities, including funding students in the Tibet region[107].
纳科诺尔(832522) - 2024 Q4 - 年度财报