Forecam(SH:688010)2025-04-21 10:35Dividend Distribution - The company plans to distribute a cash dividend of 0.57 RMB per 10 shares, totaling approximately 8,996,130.22 RMB, which represents 94.76% of the net profit attributable to shareholders for 2024[7]. - The total share capital after deducting repurchased shares is 157,826,846 shares, with a proposed cash dividend distribution amounting to 9,053,760.07 RMB if the employee stock ownership plan is completed before the dividend record date, accounting for 95.36% of the net profit[8]. - The total amount for cash dividends and share repurchases is 39,022,256.51 RMB, which is 411.02% of the net profit attributable to shareholders for the year[7]. Financial Performance - The company's operating revenue for 2024 reached ¥621,389,816.99, representing a year-on-year increase of 5.82% compared to ¥587,187,780.95 in 2023[24]. - The net profit attributable to shareholders for 2024 was ¥9,494,015.76, a significant recovery from a loss of ¥68,274,535.60 in 2023[24]. - The basic earnings per share for 2024 improved to ¥0.0604, compared to a loss of ¥0.4298 in 2023[25]. - The company's cash flow from operating activities for 2024 was ¥59,043,952.65, down 19.89% from ¥73,706,186.58 in 2023[24]. - The weighted average return on net assets for 2024 was 0.55%, an increase of 4.44 percentage points from -3.89% in 2023[25]. Research and Development - Research and development expenses accounted for 10.34% of operating revenue in 2024, a decrease of 0.66 percentage points from 11.00% in 2023[25]. - The company holds 995 patents and software copyrights, including 518 invention patents, showcasing its innovation capabilities[40]. - The company is committed to increasing R&D investment to maintain and enhance its technological competitive advantage in the optical industry[54]. - Total R&D expenses amounted to ¥64,280,552.59, a decrease of 0.52% compared to the previous year[68]. - The company is currently working on multiple R&D projects, with a total expected investment of ¥30,000,000 for the multi-spectral optical system, which has seen cumulative investments of ¥7,967,197.43[71]. Product Development and Innovation - The company has developed a globally pioneering large-aperture transmission astronomical observation lens, filling a gap in China's space target detection capabilities[54]. - The company has developed a transmission telescope lens with a maximum aperture of 700mm and a maximum relative aperture of 1:0.8, which is at an international advanced level[58]. - The company has completed the design and production of a multi-spectral common aperture lens with a maximum aperture of 250mm and a maximum focal length of 1300mm, covering the spectral range from visible light to mid-wave infrared[58]. - The company has successfully developed a high-performance infrared detector based on micro-lens array technology, achieving world-advanced precision[62]. - The company is focusing on expanding its product line with new technologies, including a laser infrared co-aperture dual-mode optical system and a high-magnification low-distortion short-wave infrared optical system[59]. Market Trends and Strategy - The optical lens market is experiencing structural growth driven by advancements in artificial intelligence, big data, and IoT technologies, with significant applications in aerospace and defense sectors[51]. - The company is focusing on integrating dual-use technology into non-custom products, promoting the domestic substitution of imported lenses in the security monitoring field[54]. - The automotive industry is becoming a crucial pillar of China's economic development, with increasing demand for vehicle-mounted lenses driven by advancements in automation and higher ADAS penetration rates[133]. - The AR glasses market is showing significant growth, with increasing market demand for car-mounted projection systems and home smart projection products expanding into outdoor activities, education, and healthcare[134]. - The company aims to achieve revenue growth and enhance profitability by focusing on innovation and strengthening its core competitiveness, with a mission aligned with national needs[135]. Governance and Management - The governance structure includes a well-defined system with a board of directors, supervisory board, and independent directors ensuring compliance and effective decision-making[142]. - The company has conducted 4 shareholder meetings and 10 board meetings during the reporting period, ensuring rigorous and transparent decision-making processes[142]. - The company emphasizes investor relations management, utilizing multiple channels to ensure effective communication with investors[143]. - The company has established a scientific governance structure to protect shareholder rights, ensuring compliance and transparency in operations[196]. - The company has appointed independent directors and supervisors across various subsidiaries, enhancing governance and oversight[157]. Social Responsibility and Sustainability - The company emphasizes ESG initiatives, focusing on environmental protection and employee rights[195]. - The company has received honors such as "National Model Enterprise for Harmonious Labor Relations" and "Advanced Trade Union for National Double Love and Double Evaluation"[195]. - The company has implemented proper waste management practices for hazardous waste, ensuring compliance with national regulations[199]. - The company has donated a total of 346,500 yuan to charitable organizations, contributing to social responsibility initiatives[196]. - The company has invested 91,500 yuan in environmental protection measures, demonstrating commitment to sustainability[197].