CTC(SH:603060)2025-04-21 13:45Financial Performance - The company achieved a net profit of ¥165,237,724.47 for the year 2024, with a distributable profit of ¥273,129,570.39 as of the end of 2024[4]. - The company achieved total operating revenue of CNY 2,616,961,226.03 in 2024, a decrease of 1.63% compared to the previous year[22]. - The net profit attributable to shareholders was CNY 203,642,206.75, reflecting a decline of 20.79% year-on-year[22]. - The basic earnings per share decreased to CNY 0.2533, down 20.94% from the previous year[22]. - The weighted average return on equity was 10.42%, a decrease of 3.51 percentage points compared to the previous year[22]. - The company maintained a net cash flow from operating activities of CNY 268,956,745.59, down 5.87% year-on-year[22]. - The company's operating revenue for the current period is ¥2,616,961,226.03, a decrease of 1.63% compared to the same period last year[62]. - The net cash flow from operating activities decreased by 5.87% to ¥268,956,745.59, primarily due to increased cash payments for goods and services[62]. Profit Distribution - The proposed profit distribution plan includes a cash dividend of ¥1.14 per 10 shares (including tax) for all shareholders[4]. - The cash dividend represents 45.00% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which is CNY 203,642,206.75[145]. - Over the last three accounting years, the cumulative cash dividend amount (including tax) reached CNY 270,695,931.59[147]. - The average annual net profit over the last three accounting years was CNY 238,337,706.70, resulting in a cash dividend ratio of 113.58%[147]. - The company has not made any adjustments to its cash dividend policy for the 2024 fiscal year, ensuring protection of minority investors' rights[142]. Risk Management - The report includes a detailed description of potential risks that the company may face in the future[7]. - The company has a comprehensive risk management strategy outlined in the management discussion and analysis section[7]. - The company faces risks from macroeconomic slowdown and real estate regulation, potentially reducing demand for inspection and certification services[101]. - The company plans to optimize its business layout and focus on strategic emerging industries to mitigate market competition risks[101]. Corporate Governance - The company has received recognition for its corporate governance practices, winning awards for its board of directors' excellence[108]. - The company has developed a comprehensive information disclosure management system to ensure timely and accurate reporting[108]. - The company has not reported any significant changes in the competition situation or measures taken to address potential conflicts of interest[109]. - The company has not disclosed any major differences in governance compared to regulations set by the China Securities Regulatory Commission[109]. - The company has not reported any requests from preferred shareholders for an extraordinary general meeting[111]. Research and Development - The company is investing 50 million in R&D for new technologies aimed at enhancing product quality and efficiency[114]. - The company’s R&D investment for 2024 is approximately ¥225.37 million, focusing on new technologies and methods for inspection and certification[79]. - The number of R&D personnel is 786, making up 14.36% of the total workforce, with 35 holding doctoral degrees[77]. - The company has completed over 200 provincial and ministerial-level research projects in recent years and has received more than 60 awards at the provincial and ministerial level[56]. Market Expansion and Strategy - The company aims to enhance its international presence by collaborating with Nigerian institutions and expanding its service offerings in carbon business and automotive glass sectors[34]. - The company plans to leverage its research and development capabilities to expand its market presence in the intelligent manufacturing sector, despite a revenue decline of 19.66% in this segment in 2024[52]. - The company plans to open a special account for the management and use of raised funds from the current issuance[131]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 100 million allocated for potential deals[114]. Compliance and Legal Matters - The company has committed to strictly adhere to laws and regulations, ensuring compliance with the China Securities Regulatory Commission and Shanghai Stock Exchange rules[177]. - There were no significant lawsuits or arbitration matters during the reporting period[182]. - The company has confirmed the execution of daily related transactions for the year 2023 and has submitted the expected transactions for 2024 for shareholder approval[183]. Social Responsibility - The company donated a total of 969,800 CNY (approximately 96.98 million CNY) for social responsibility and poverty alleviation projects during the reporting period[168]. - The company is committed to fulfilling its social responsibilities by actively participating in public welfare and poverty alleviation activities, supporting rural revitalization efforts[169]. - The company actively promotes energy-saving initiatives and conducts low-carbon awareness campaigns among employees[166]. Employee Management - The company has established a talent cultivation system to address the shortage of skilled personnel in the inspection and certification industry[104]. - The company has a total of 5,475 employees, including 975 in the parent company and 4,500 in major subsidiaries[137]. - The company has 4,192 technical personnel, representing approximately 76.5% of the total workforce[137]. Environmental Responsibility - The company invested 8.18 million yuan in environmental protection during the reporting period[160]. - The company has not experienced any major environmental pollution incidents and has established a comprehensive ecological and environmental protection management system[161]. - The company has installed waste gas purification facilities in compliance with environmental policies, ensuring that emissions meet standards[166].