YILIDA(SZ:002686)2025-04-23 15:05Financial Performance - The company's operating revenue for 2024 was approximately ¥1.62 billion, representing a 1.16% increase compared to ¥1.60 billion in 2023[6]. - Net profit attributable to shareholders for 2024 was approximately ¥22.70 million, a 10.14% increase from ¥20.61 million in 2023[6]. - The net profit after deducting non-recurring gains and losses for 2024 was approximately ¥16.51 million, showing a significant increase of 106.18% from ¥8.01 million in 2023[6]. - The net cash flow from operating activities for 2024 was approximately ¥253.70 million, a 94.38% increase compared to ¥130.51 million in 2023[6]. - The total assets at the end of 2024 were approximately ¥3.14 billion, reflecting a 5.43% increase from ¥2.98 billion at the end of 2023[6]. - The company's basic earnings per share for 2024 was ¥0.0401, up 10.16% from ¥0.0364 in 2023[6]. - The company's total revenue for 2024 reached ¥1.62 billion, a year-on-year increase of 1.16% compared to ¥1.60 billion in 2023[42]. - The wind turbine business segment generated revenue of ¥996 million, a decrease of 5.77% year-on-year, while the automotive parts segment saw revenue rise to ¥552 million, an increase of 16.75%[42]. - The new materials segment achieved sales of ¥31.91 million, with a slight increase of 0.20% compared to the previous year[41]. - Domestic sales accounted for 89.46% of total revenue, while export sales increased by 22.91% to ¥170.65 million[42]. Business Expansion and Strategy - The company has expanded its main business to include the production, research, and sales of automotive parts and charging devices for new energy vehicles, in addition to its original focus on ventilators[15]. - The company completed the acquisition of 100% equity in Iron City Information Technology Co., Ltd., enhancing its product offerings in the ventilator and new energy sectors[14]. - The company anticipates growth opportunities driven by the development of downstream industries and the expansion of export markets, as well as increasing demand for energy-efficient products[28]. - The company has formed strategic partnerships with major clients in the automotive sector, including SAIC-GM-Wuling and Dongfeng Motor, enhancing its market presence in the automotive components business[36]. - The wind turbine business will continue to implement a diversified strategy to expand its market presence and innovate its business model[67]. - The company plans to focus on four core strategies: revenue generation, cost reduction, structural optimization, and management upgrades to drive future growth[67]. Research and Development - The company has accumulated 304 valid patents, including 99 invention patents, showcasing its strong focus on technological innovation and R&D capabilities[38]. - Research and development expenses increased by 1.66% to ¥86.02 million, reflecting the company's commitment to innovation[49]. - The number of R&D personnel rose by 4.88% to 387, with a notable increase in master's degree holders by 35.00%[52]. - The company is in the trial production phase for several new R&D projects aimed at enhancing product competitiveness and functionality[52]. - R&D investment increased by 1.20% to ¥96,030,011.87 in 2024, maintaining a ratio of 5.93% of operating revenue[52]. Corporate Governance - The company has established a comprehensive corporate governance structure in compliance with relevant laws and regulations[72]. - The company ensures complete independence from its controlling shareholders in terms of business, assets, personnel, institutions, and finance, maintaining a fully independent operational capability[75]. - The company has established a complete and independent personnel management system, with all senior management and financial personnel exclusively working for the company[76]. - The company adheres strictly to the regulations of the Shenzhen Stock Exchange and has not faced any penalties related to information disclosure during the reporting period[73]. - The governance structure of the company aligns with legal and regulatory requirements, showing no significant discrepancies[74]. - The company has committed to continuously improving its corporate governance structure in accordance with relevant laws and regulations[73]. Shareholder Information - The company plans to distribute a cash dividend of 0.10 RMB per 10 shares to all shareholders, based on a total of 566,239,133 shares[3]. - The cash dividend represents 100% of the total profit distribution amount, with no stock dividends or capital reserves converted to share capital[102]. - The total number of shareholders at the end of the reporting period was 22,981, with no significant changes noted[157]. - The largest shareholder, Zhejiang ZheShang Asset Management Co., Ltd., holds 37.11% of the shares, totaling 210,131,981 shares[157]. - The company reported no changes in the number of shares held by the top shareholders during the reporting period[157]. Financial Management - The company has a robust financial management system, ensuring independent accounting and tax reporting without any mixed taxation with shareholders[77]. - Financial expenses decreased by 34.13% to ¥7.90 million, primarily due to reduced bank interest expenses and increased foreign exchange gains[49]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 8.67 million CNY[88]. - The total number of board meetings held during the reporting period was three, with all directors present at each meeting[91]. - The company has established a salary policy that aligns with market competitiveness and internal fairness, with a focus on performance-related pay[99]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions and has not faced any environmental penalties during the reporting period[111]. - The company is committed to improving employee welfare and has organized various activities to enhance employee satisfaction and health[113]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[114]. - The company has not reported any major environmental issues or administrative penalties related to environmental protection[111]. Audit and Compliance - The company received a standard unqualified audit opinion from Tianzhi International Accounting Firm for the financial statements as of December 31, 2024[169]. - The audit report confirms that the financial statements fairly reflect the company's financial position and operating results for the year 2024[169]. - The company confirmed that there were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[120]. - There were no instances of illegal external guarantees reported during the reporting period[121].