Financial Performance - The company's operating revenue for 2024 was CNY 555,835,525.42, a slight increase of 0.19% compared to CNY 554,787,071.80 in 2023[26]. - The net profit attributable to shareholders for 2024 decreased by 13.55% to CNY 50,201,490.92 from CNY 58,069,350.11 in 2023[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 18.85% to CNY 26,480,460.35 in 2024[26]. - The cash flow from operating activities for 2024 was CNY 59,251,153.80, up 13.48% from CNY 52,213,381.63 in 2023[26]. - The total assets at the end of 2024 were CNY 2,234,949,643.76, reflecting a 1.89% increase from CNY 2,193,400,214.39 at the end of 2023[26]. - The basic earnings per share for 2024 was CNY 0.43, down 14.00% from CNY 0.50 in 2023[26]. - The company reported a quarterly revenue of CNY 163,859,076.14 in Q4 2024, marking an increase from previous quarters[28]. - The net profit attributable to shareholders in Q4 2024 was a loss of CNY 2,300,249.80, contrasting with profits in earlier quarters[28]. - The company received government subsidies amounting to CNY 4,610,818.95 in 2024, down from CNY 16,039,279.01 in 2023[32]. - The total liabilities at the end of 2024 were not disclosed, but the company reported a net asset value of CNY 1,749,835,999.09[26]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 3.90 CNY per 10 shares (including tax) to all shareholders, with no bonus shares issued[6]. - The board of directors has approved the profit distribution plan based on the total share capital after deducting repurchased shares[6]. Risk Management and Compliance - The company has confirmed that there are no significant risks affecting its normal operations[5]. - The management has provided a detailed outlook on potential risks in the "Future Development Outlook" section of the report[5]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments for investors[5]. - The company is focused on compliance with the Shenzhen Stock Exchange's disclosure requirements for energy-saving and environmental protection services[5]. - The company has committed to maintaining the accuracy and completeness of the financial report[5]. Research and Development - The company has been focusing on membrane technology development since 2009, providing comprehensive solutions for leachate treatment, industrial wastewater treatment, and resource recycling, with advantages in full-process customization and low comprehensive costs[49]. - The company is committed to enhancing its R&D capabilities in membrane technology to meet the increasing demands for efficient wastewater treatment and resource recovery[40]. - The company has obtained 188 authorized patents, including 63 invention patents, 115 utility model patents, and 10 design patents[95]. - The company is actively exploring applications of membrane technology in emerging fields such as lithium battery wastewater treatment and tailings leachate processing[100]. - The company is focusing on developing its own high-end membrane brand to achieve import substitution and expand overseas sales channels[159]. Market Expansion and Strategy - The company is expanding its market presence in overseas regions, including Europe, Singapore, Brazil, Colombia, Malaysia, and Vietnam[36]. - The company has established a strong presence in the international market, exporting products to countries such as Germany, Singapore, and Brazil, through the enhancement of its overseas sales platform[57]. - The company is actively involved in the development of membrane separation technology, which has been crucial for efficient resource recovery and environmental protection[38]. - The company aims to achieve "domestic substitution" of high-performance membrane materials and components, expanding applications in new energy materials and resource recycling[148]. - The company plans to increase investment in personnel and funds to strengthen R&D and manufacturing capabilities in membrane technology, aiming for stable growth in sales of membrane materials and components[159]. Corporate Governance - The governance structure of the company complies with relevant laws and regulations, ensuring effective decision-making and protection of shareholder rights[164]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements and active participation in training[165]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, and financial operations, ensuring autonomous business capabilities[166]. - The company has established an independent financial accounting department and a financial management system, ensuring no shared bank accounts with controlling shareholders[167]. - The company has a complete corporate governance structure, including a shareholders' meeting, board of directors, supervisory board, and management team[167]. Employee and Management Changes - The total number of employees at the end of the reporting period is 495, with 229 in the parent company and 266 in major subsidiaries[199]. - There were several changes in the board and management, with multiple directors and executives leaving and being replaced on January 10, 2025[173]. - The new chairman, Dong Zhengjun, and the new general manager, Jiang Linyu, were appointed as part of the management restructuring[174]. - The company has a structured remuneration policy based on performance, capability, and position level[188]. Future Outlook - Future guidance indicates a positive outlook for revenue growth and market expansion in the next fiscal year[175]. - The company plans to expand its market presence and enhance its product offerings in the upcoming years[175]. - The company aims to enhance fundraising efficiency and support its long-term development strategy through these adjustments[141].
嘉戎技术(301148) - 2024 Q4 - 年度财报