强瑞技术(301128) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥1,126,529,989.82, representing a 67.09% increase compared to ¥674,219,987.56 in 2023[20]. - Net profit attributable to shareholders for 2024 was ¥97,547,736.74, a 74.99% increase from ¥55,745,037.73 in 2023[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,148,746.22, up 142.87% from ¥37,940,825.36 in 2023[20]. - The company's cash flow from operating activities for 2024 was ¥47,399,889.39, a significant increase of 343.82% compared to ¥10,679,997.82 in 2023[20]. - The total assets at the end of 2024 amounted to ¥1,585,192,431.52, reflecting a 33.40% increase from ¥1,188,335,785.71 at the end of 2023[20]. - The company achieved total revenue of 112.653 million yuan, a year-on-year increase of approximately 67%, and net profit of 9.755 million yuan, up about 75% from the previous year[36]. - The company's total revenue for 2024 reached ¥1,126,529,989.82, representing a 67.09% increase compared to ¥674,219,987.56 in 2023[63]. Market Outlook - The company expects continued growth in the smart terminal market, with a projected 6.4% increase in global smartphone shipments in 2024, reaching approximately 1.24 billion units[29]. - In the smart automotive market, the expected sales volume for intelligent driving cars in China for 2024 is 5.8 million units, a 78% year-on-year increase[31]. - The company anticipates that the intelligent driving market will grow to ¥4,200 billion by 2025, with a compound annual growth rate of 47.4%[31]. - The digital energy market in China is projected to exceed 4.6 trillion yuan by 2030, with a compound annual growth rate of 7.8% from 2015 to 2022[35]. - The AI server market is anticipated to grow from 125.1 billion dollars in 2024 to 158.7 billion dollars in 2025, with generative AI servers increasing their market share from 29.6% to 37.7% by 2028[33]. Revenue Breakdown - Revenue from the mobile terminal sector reached approximately 67.8 million yuan in 2024, representing a growth of about 30% compared to 52.3 million yuan in 2023[36]. - In the smart automotive sector, revenue was approximately 12.3 million yuan in 2024, marking a significant increase of about 182% from the previous year[38]. - Revenue from the AI server segment was around 6.5 million yuan, reflecting a growth of 135% compared to 2023[39]. - The company's subsidiary contributed approximately 19.4 million yuan in revenue from cooling products, a substantial increase of about 357% year-on-year[41]. - The manufacturing sector accounted for 100% of the total revenue, with significant contributions from various product lines, including fixtures (¥509,896,290.00, 45.27%) and heat exchangers (¥194,488,132.69, 17.26%), which saw a remarkable growth of 357.07%[63]. Research and Development - The company holds a total of 43 invention patents, 254 utility model patents, and 133 software copyrights, showcasing its strong R&D capabilities[53]. - The company has successfully developed innovative products, including glycol circulation recovery equipment, to meet the increasing customization demands of clients[53]. - The company has invested in new business areas, leading to significant growth in these sectors during the reporting period[49]. - The company has adopted a flexible small-batch customization production model, allowing for quick adjustments to meet changing market demands[52]. - The number of R&D personnel increased to 372 in 2024, up 38.29% from 269 in 2023, representing 24.05% of the total workforce[78]. Corporate Governance - The company has established a complete and independent asset system, ensuring that all assets are fully controlled and managed by the company without sharing with the controlling shareholder[128]. - The company maintains an independent financial accounting system, capable of making autonomous financial decisions without reliance on the controlling shareholder[128]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[125]. - The company held four shareholder meetings during the reporting period, ensuring all shareholders can exercise their rights and participate in management[124]. - The governance structure complies with relevant laws and regulations, with no significant discrepancies noted[127]. Investment and Fundraising - The company raised a net amount of CNY 493.48 million from its initial public offering in November 2021[95]. - The company plans to change the use of CNY 30.51 million originally intended for R&D equipment purchases[95]. - The company has committed to a three-year lock-up period for shares held prior to the IPO, during which no transfers or repurchases will occur[180]. - The company plans to implement a stable and active profit distribution policy, prioritizing cash dividends when conditions are met[181]. - The company has established measures to protect shareholder interests by avoiding any misuse of funds or resources[185]. Risk Management - The management has outlined potential risks in the company's future development and corresponding countermeasures in the report[3]. - Risks include potential sales declines in the smart terminal market due to innovation stagnation and consumer downgrade, which could impact investment in new production lines[117]. - New business expansions in semiconductor equipment and humanoid robots may face competitive challenges and unclear market potential, posing risks to investment returns[118]. - Rising costs associated with new customer acquisition and increased operational expenses could lead to declining profit margins, despite efforts to control production costs[119]. Employee and Management Structure - The total number of employees at the end of the reporting period is 1,547, with 780 in the parent company and 586 in major subsidiaries[152]. - The company has a diverse management team with backgrounds in finance, engineering, and legal affairs, enhancing its strategic decision-making capabilities[138]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to 5.92 million RMB[143]. - The company emphasizes training to enhance core competitiveness, with a detailed training plan developed at the beginning of the year[155]. - The company has a structured remuneration system linking performance to individual contributions and company performance[142].