TANAC(300461)2025-04-23 12:40Financial Performance - The company's operating revenue for 2024 was ¥226,063,376.28, a decrease of 13.03% compared to ¥259,947,042.36 in 2023[21]. - The net profit attributable to shareholders for 2024 was -¥153,554,415.97, representing a significant decline of 1,654.86% from ¥9,875,789.48 in 2023[21]. - The cash flow from operating activities improved to -¥39,617,281.24 in 2024, a 56.95% increase compared to -¥92,024,268.40 in 2023[21]. - The total assets at the end of 2024 were ¥884,496,647.31, down 4.02% from ¥921,568,236.98 at the end of 2023[21]. - The net assets attributable to shareholders decreased by 22.73% to ¥522,535,232.81 at the end of 2024 from ¥676,217,822.51 at the end of 2023[21]. - The company reported a basic and diluted earnings per share of -¥0.99 for 2024, a decline of 1,514.29% from ¥0.07 in 2023[21]. - The company achieved a total revenue of 226.06 million yuan in 2024, a decrease of 13.03% compared to 259.95 million yuan in 2023[56]. - The net profit attributable to shareholders was -15.36 million yuan, with a net profit excluding non-recurring items of -15.66 million yuan[52]. Market Position and Industry Trends - The intelligent manufacturing equipment market in China is projected to grow from ¥3.2 trillion in 2023 to ¥3.4 trillion in 2024, indicating a rapid growth trend[32]. - The company is positioned in the intelligent equipment manufacturing industry, which is supported by national policies aimed at enhancing manufacturing capabilities[30]. - The government has introduced policies to support the upgrade of equipment, with an expected increase in investment in key areas by 15.7% in 2024[32]. - The consumer electronics market in China is projected to grow from CNY 1.92 trillion in 2023 to CNY 1.98 trillion in 2024, indicating a stable recovery trend[33]. - In the automotive sector, China's vehicle sales are expected to reach 31.436 million units in 2024, a year-on-year increase of 4.5%, with new energy vehicle sales projected at 12.866 million units, up 35.5%[34]. - The industrial automation market in China is forecasted to grow from CNY 311.5 billion in 2023 to CNY 353.1 billion in 2024, reflecting a year-on-year growth of 10.97% and 13.35% respectively[35]. Product Development and Innovation - The company is a leader in customized intelligent manufacturing solutions and has a strong position in the precision winding machine industry, with comprehensive technical indicators at an internationally advanced level[37]. - The company offers a range of products including standard machines, non-standard machines, and special machines, catering to diverse customer needs across various industries[38]. - The company emphasizes a customized production model based on customer demand, with an order-oriented production approach that includes design, processing, assembly, and debugging[43]. - The company launched a new generation of intelligent winding embedded systems (G5) to enhance equipment performance and stability[53]. - The company reported a significant increase in sales of coating machines, with a growth rate of 125.61% compared to the previous year[56]. - The company is actively expanding into the new energy vehicle sector, achieving progress in areas such as laser radar and high-voltage relays[52]. - The company is developing a highly automated and intelligent production system for inductors, utilizing its patented high-precision winding technology to enhance production efficiency and product quality[68]. - The project aims to achieve smart, automated, and efficient production processes for automotive motors, integrating precision assembly, real-time monitoring, and quality traceability[68]. Research and Development - R&D investment for the year was 22.38 million yuan, accounting for 9.90% of total revenue[53]. - The company holds a total of 406 authorized patents, including 108 invention patents and 295 utility model patents[47]. - The number of R&D personnel decreased by 34.39% from 221 in 2023 to 145 in 2024, with the proportion of R&D personnel dropping from 29.12% to 25.31%[72]. - R&D investment amounted to ¥22,383,333.04 in 2024, representing 9.90% of operating revenue, a decrease from 11.07% in 2023[72]. Governance and Management - The company has established a complete independent business system, with no significant reliance on controlling shareholders or related parties[113]. - The company has independent financial management, with no shared bank accounts with controlling shareholders, ensuring independent financial decision-making[114]. - The company has a robust governance structure in compliance with regulations, promoting sustainable development[112]. - The company is undergoing a management reshuffle with multiple board members and executives being elected or appointed on May 17, 2024, including the election of Xiao Yongfu as Chairman[119]. - The company has seen a significant turnover in its board and management, with several key positions being filled due to term expirations and personal reasons[120]. - The company is committed to maintaining its competitive edge through strategic appointments and market expansion initiatives[120]. Legal and Compliance - The company is currently involved in several lawsuits, with the total amount involved in disputes reaching approximately 29.2 million RMB[181]. - The company has faced a lawsuit regarding a contract dispute with Tianzhong Precision Machinery, which is currently in execution proceedings[181]. - The company has not received any non-standard audit reports in the latest period[178]. - The company has not reported any penalties or rectifications during the reporting period, indicating compliance with regulations[187]. - There were no significant related party transactions during the reporting period, suggesting stable operational integrity[188]. Environmental and Social Responsibility - The company emphasizes environmental protection and has not experienced any major environmental pollution incidents in 2023[163]. - The company actively engages with investors through various communication channels, ensuring transparency and protecting shareholder rights[161]. - The company prioritizes partnerships with suppliers that value legal compliance and social responsibility, fostering long-term cooperative relationships[163].