Precise(300442)2025-04-23 15:20Dividend Distribution - The company plans to distribute a cash dividend of 1.288 CNY per 10 shares to all shareholders, based on a total of 1,721,481,649 shares[4]. - The board has proposed a mid-term cash dividend plan for 2025 not exceeding 688 million CNY[4]. - The company implemented a mid-term cash dividend for 2024, distributing 3.995 CNY per 10 shares, totaling 687.37 million CNY[64]. - The company plans to distribute a cash dividend of 1.27 RMB per 10 shares, totaling 218,513,361.42 RMB (including tax) based on a total share capital of 1,720,577,649 shares[180]. - For the 2024 interim dividend, the company will distribute 3.995 RMB per 10 shares, amounting to 687,370,770.78 RMB (including tax) based on the same total share capital[181]. - The company’s profit distribution plan for 2024 is pending approval from the shareholders' meeting, with a proposed cash dividend of 1.288 RMB per 10 shares[184]. Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2024, representing a 15% increase compared to RMB 1.04 billion in the same period last year[16]. - The company's operating revenue for 2024 reached ¥4,364,829,477.47, a slight increase of 0.32% compared to ¥4,350,788,339.36 in 2023[22]. - Net profit attributable to shareholders for 2024 was ¥1,790,336,174.26, reflecting a growth of 1.62% from ¥1,761,820,497.58 in 2023[22]. - The net cash flow from operating activities significantly increased by 68.37% to ¥2,094,433,909.27 in 2024, compared to ¥1,243,931,063.23 in 2023[22]. - The total assets of the company at the end of 2024 amounted to ¥31,308,886,649.72, representing a 34.31% increase from ¥23,310,849,208.60 at the end of 2023[22]. - The company's net assets attributable to shareholders grew by 16.94% to ¥9,965,729,329.71 at the end of 2024, up from ¥8,521,793,541.32 at the end of 2023[22]. - The company achieved an average PUE (Power Usage Effectiveness) of 1.4, indicating improved energy efficiency in its data centers[16]. - The company reported a total of ¥11,857,924.77 in non-recurring gains for 2024, down from ¥52,908,677.71 in 2023[26]. - The company’s total distributable profit was 263,692,450.34 RMB, with cash dividends accounting for 100% of the profit distribution[182]. User Growth and Market Expansion - The user base expanded to 500,000 active users, a growth of 25% year-over-year from 400,000 users in 2023[16]. - The company is expanding its market presence in the Greater Bay Area, with plans to open two new data centers by the end of 2024[16]. - The company is positioned to benefit from the government's focus on artificial intelligence and digital transformation, with significant investments planned in the sector through 2027[30]. - The company has established 7 AIDC intelligent computing infrastructure clusters across 6 major regions in China, with plans for a total of 61 intelligent computing centers and approximately 320,000 racks[36]. - The company is actively pursuing horizontal mergers and acquisitions to enhance market share and reduce irrational competition in the industry[69]. Research and Development - The company plans to invest RMB 500 million in R&D for AI technologies over the next three years[16]. - R&D expenses rose by 48.63% to ¥150,476,165.33, reflecting increased investment in research and development[85]. - The company increased its R&D personnel from 180 in 2023 to 235 in 2024, representing a growth of 30.56%[88]. - R&D investment amounted to approximately ¥150.48 million in 2024, up from ¥101.24 million in 2023, reflecting a year-over-year increase of 48.51%[89]. - The proportion of R&D investment to operating revenue rose from 2.33% in 2023 to 3.45% in 2024[89]. Technological Advancements - New product launches include an upgraded AI data center service, expected to contribute an additional RMB 200 million in revenue[16]. - The company has completed the development of a water leakage protection device for data centers, aimed at improving product quality and reliability, which is expected to lower production costs and drive business growth[86]. - The liquid cooling server drainage system has been completed, designed to efficiently remove moisture without affecting the normal operation of the cooling system, enhancing energy efficiency and addressing cooling challenges[86]. - The company has successfully implemented a heat recovery system in data centers, which is projected to reduce energy costs and reliance on traditional energy sources, thereby lowering carbon emissions[86]. - The company has developed a unified operation and maintenance management platform, which enhances resource allocation efficiency and reduces management complexity[86]. Environmental Commitment - The company is committed to achieving carbon neutrality by 2060, aligning with national dual carbon goals[15]. - By the end of 2024, the company's energy consumption indicators increased by approximately 130% compared to the end of 2023, ensuring stable operations across its seven major parks[65]. - The company has completed a total of 800 million kilowatt-hours in green electricity transactions in 2024, promoting low-carbon transformation[200]. Governance and Compliance - The company has engaged financial advisors for continuous supervision from May 28, 2022, to December 31, 2025, ensuring compliance and strategic guidance[21]. - The company has a governance structure that complies with relevant laws and regulations, ensuring transparency and accountability[142]. - The company has not faced any penalties from regulatory bodies regarding internal control issues during the reporting period[142]. - The company has established an independent financial department with a separate accounting system and management practices, ensuring independent financial decision-making[146]. Employee Development - The company emphasizes the importance of talent development and has implemented various training programs, including management training and external training, to enhance employee skills[177]. - The total number of employees at the end of the reporting period is 1,429, with 1,098 technical personnel, 42 financial personnel, 279 administrative personnel, and 10 sales personnel[175]. - The company has established a compensation management system to attract and motivate employees, linking salaries to individual performance and contributions[176]. Strategic Planning - The company aims to enhance its operational capabilities by training over 1,000 personnel in its self-operated maintenance team, focusing on standardized and intelligent management systems[115]. - The company plans to implement a dual strategy of "internal growth + external acquisitions" to strengthen its market position and enhance its competitive edge in the AI industry[116]. - The company is actively pursuing compliance with the Securities Law and other regulatory frameworks to enhance operational integrity[169].