WJP(SZ:301117)2025-04-23 12:50Financial Performance - The company's revenue for 2024 reached ¥336,799,849.27, representing a 48.11% increase compared to ¥227,392,776.98 in 2023[19]. - The net profit attributable to shareholders for 2024 was ¥11,445,371.40, a significant turnaround from a loss of ¥5,352,891.52 in 2023, marking a 313.82% improvement[19]. - The basic earnings per share for 2024 increased to ¥0.12, compared to a loss of ¥0.06 per share in 2023, reflecting a 300.00% growth[19]. - The total assets of the company as of the end of 2024 amounted to ¥1,530,596,654.60, which is a 7.52% increase from ¥1,423,596,090.48 at the end of 2023[19]. - The company reported a cash flow from operating activities net amount of -¥50,830,933.56 for 2024, showing a slight improvement of 3.10% from -¥52,457,560.47 in 2023[19]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥3,303,725.63, a 120.29% increase from a loss of ¥16,280,503.83 in 2023[19]. - The weighted average return on equity for 2024 was 0.87%, recovering from -0.41% in 2023[19]. - The company received government subsidies amounting to ¥3,349,365.57 in 2024, which positively impacted its financial performance[25]. - The company achieved a revenue of CNY 336.80 million in 2024, representing a year-on-year growth of 48.11%[57]. - Net profit attributable to shareholders reached CNY 11.45 million, up 313.82% year-on-year, while the net profit after deducting non-recurring gains and losses increased by 120.29% to CNY 3.30 million[57]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 0.2 RMB per 10 shares to all shareholders, totaling approximately 18.45 million RMB based on 92,263,300 shares[5]. - The profit distribution proposal includes a capital reserve conversion of 4 additional shares for every 10 shares held by shareholders[5]. - The company will not distribute cash dividends for the fiscal year 2023, nor will it issue bonus shares or convert capital reserves into share capital[164]. - The proposed cash dividend for the fiscal year 2024 is set at 0.2 yuan per 10 shares, with a total expected cash dividend of 1,845,266 yuan[166]. - The company plans to increase its total share capital to 129,168,620 shares after a proposed capital reserve conversion of 4 shares for every 10 shares held[166]. Governance and Compliance - The report confirms that all board members attended the meeting to review the annual report, ensuring accountability for the report's accuracy[5]. - The financial report is guaranteed to be true, accurate, and complete by the company's responsible personnel, including the CEO and accounting head[5]. - The company has established a governance structure that ensures equal rights for all shareholders, particularly minority shareholders, and guarantees their participation in major decisions[125]. - The board of directors consists of 5 members, including 2 independent directors, meeting the legal requirements for board composition[126]. - The company has implemented a strategic committee, a compensation and assessment committee, an audit committee, and a nomination committee, with independent directors leading most of these committees[126]. - The company has not reported any instances of the controlling shareholder interfering with its decision-making or operations, maintaining an independent business structure[125]. - The company has a dedicated supervisory board with 3 members, ensuring compliance and oversight of major transactions and financial conditions[126]. - The company has disclosed its market expansion strategies and future product development plans during investor communications[121][122]. - The company has adhered to disclosure requirements related to cybersecurity business as per the Shenzhen Stock Exchange guidelines[62]. - The company has not provided any guarantees or loans to its controlling shareholders or their enterprises[130]. Market and Strategic Initiatives - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and strategic initiatives[11]. - The company has engaged in strategic partnerships to enhance its technological capabilities and market reach[27]. - The company is actively expanding its market presence, particularly in the military and healthcare sectors, to enhance its competitive edge[58]. - The company is exploring acquisition opportunities to enhance its product offerings and market presence[7]. - The company aims to increase its market share in the healthcare informatization sector by leveraging growth opportunities in regional healthcare and emerging technology applications[33]. - The company plans to enhance market competitiveness through deeper business expansion, contributing to increased sales volume[67]. Research and Development - The company has established a robust technology R&D system, focusing on new product development in data security and information technology solutions[54]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[5]. - R&D investment amounted to ¥63,109,499.31 in 2024, representing 18.74% of operating revenue, a decrease from 27.88% in 2023[87]. - The company has completed several medical data management systems and plans to advance its medical + big data projects, including the development of version 3.0 of the electronic medical record system[113]. - The company is focusing on developing specialized chips based on network security coding applications, with two projects (SIP100 and SIP400) in the pipeline for research and production[113]. Employee and Talent Management - The company has established a comprehensive training system and annual training plans to enhance employee skills and career development[162]. - The company has implemented a mentorship program to enhance new employee integration and skill development, fostering a collaborative work environment[163]. - The company is implementing measures to reduce talent turnover and enhance talent management through improved incentive systems and performance evaluations[119]. - The company has committed to not laying off employees or reducing salaries, while actively recruiting talent to support business development[181]. - The company provides comprehensive welfare benefits to employees, including various types of insurance and paid leave[181]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, indicating that these do not constitute binding commitments to investors[5]. - The management discussion section outlines potential risks in the company's future development, which investors are advised to pay attention to[5]. - The company is exposed to accounts receivable collection risks, particularly due to the complex payment approval processes of its main clients, which include government and military entities[118]. - The company anticipates order fluctuations due to changes in procurement policies or approval processes within the network information security industry[119]. Social Responsibility and Environmental Compliance - The company has actively engaged in social responsibility, adhering to laws and regulations while promoting green and low-carbon development[179]. - The company has no reported environmental penalties during the reporting period, indicating compliance with environmental regulations[179]. - The company actively participates in social responsibility and public welfare initiatives, promoting local economic development[181]. Shareholder Relations - The company conducted multiple investor relations activities throughout 2024, including on-site research and online communication, focusing on performance, product technology, and market conditions[121][122][123][124][125][126]. - The company has committed to maintaining stock price stability, with a plan to repurchase shares if the stock price falls below the audited net asset value per share for 20 consecutive trading days within three years post-IPO[190]. - The company will ensure that all related party transactions are disclosed and conducted at fair market prices, adhering to relevant laws and regulations[189]. - The company has pledged to avoid transferring profits through related party transactions and will seek to maintain transparency and fairness in all dealings[190].