Financial Performance - The company's operating revenue for 2024 reached ¥672,920,285.04, representing a 30.79% increase compared to ¥514,504,779.63 in 2023[21]. - The net profit attributable to shareholders decreased by 36.76% to ¥35,537,729.79 in 2024 from ¥56,195,446.75 in 2023[21]. - The net cash flow from operating activities significantly increased by 113.47% to ¥98,022,235.78 in 2024, compared to ¥45,918,556.29 in 2023[21]. - The total assets of the company grew by 22.16% to ¥1,465,208,565.48 at the end of 2024, up from ¥1,199,418,464.20 at the end of 2023[21]. - The company reported a basic earnings per share of ¥0.5923 for 2024, down 42.03% from ¥1.0217 in 2023[21]. - The total operating costs for 2024 reached CNY 538.54 million, a 53.02% increase compared to CNY 351.95 million in 2023[71]. - The company achieved a total operating revenue of CNY 672.92 million in 2024, representing a year-on-year increase of 30.79% compared to CNY 514.50 million in 2023[62]. - The net profit attributable to shareholders for 2024 was CNY 35.54 million, indicating a focus on profitability alongside revenue growth[62]. Investment and Capital Management - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, with no bonus shares issued[4]. - The total distributable profit for the period was 79,269,619.69 yuan, with cash dividends accounting for 100% of the profit distribution[167]. - The company has committed to invest a total of 3,717.25 million in various projects, with 1,100 million already allocated to permanently supplement working capital, accounting for 29.59% of the total raised funds[98]. - The company reported a total investment of 246,039,598.07, a decrease of 8.35% compared to the previous year[91]. - The company has a total of 2,200 million remaining in unallocated funds as of December 31, 2024, with no plans to use these funds for repaying bank loans[98]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, as stated in the management discussion section[3]. - The company has outlined potential risks in its future development outlook, along with corresponding countermeasures[3]. - The company recognizes risks related to industry policy changes and regional market concentration, particularly in Zhejiang Province[110][112]. - The company is aware of the risk of talent loss due to high demand for skilled technical and R&D personnel in the industry[113]. Research and Development - The company has a strong focus on technological innovation and is actively involved in the research and development of new products and technologies[16]. - The company follows a structured R&D process to develop new products based on market research and user needs, enhancing its technological capabilities[51]. - The number of R&D personnel increased to 104 in 2024, representing a growth of 9.47% compared to 95 in 2023[79]. - R&D expenditure amounted to ¥26,363,564.07 in 2024, accounting for 3.92% of operating revenue, down from 5.36% in 2023[79]. - The company has accumulated 22 authorized invention patents, 31 utility model patents, and 121 software copyrights, reflecting its commitment to innovation in the energy sector[60]. Corporate Governance - The company has established a governance structure in compliance with relevant laws and regulations, including a board of directors consisting of 5 members, with 2 independent directors[120]. - The company has a supervisory board composed of 3 members, including 1 employee representative, ensuring oversight and protection of shareholder interests[121]. - The company emphasizes communication with stakeholders to balance interests and promote sustainable development[124]. - The company has implemented a "Quality and Return Dual Improvement" action plan, although details on its disclosure were not provided[116]. - The company has established internal control documents covering procurement, sales, quality control, personnel, and finance, enhancing the efficiency and effectiveness of internal controls[172]. Market Position and Strategy - The company aims to become a leading integrated energy service operator in China, providing comprehensive lifecycle services across the power and new energy sectors[37]. - The company has a strong market position in the power and renewable energy sectors, offering a full lifecycle service capability from planning to operation[55]. - The company plans to continue its market expansion strategy, focusing on new technologies and product development to drive future growth[97]. - The company aims to enhance its competitiveness in the power design industry through the development of a digital project management platform[78]. Environmental and Social Responsibility - The company is committed to the national "dual carbon" strategy, focusing on green, low-carbon, and smart energy development[184]. - The company actively participates in rural power grid upgrades and renewable energy projects, contributing to rural revitalization and sustainable development[185]. - The company has established a harmonious corporate culture through various employee clubs and support initiatives for employees in need[184]. - The company has committed to not transferring or managing shares for a period of twelve months following its initial public offering, ensuring stability in shareholding[187]. Shareholder Engagement - The company held multiple investor meetings, including a physical research meeting on January 17, 2024, with participation from various institutions[114]. - The first temporary shareholders' meeting in 2024 had an investor participation rate of 53.41% on January 26, 2024[128]. - The annual shareholders' meeting in 2023 had a participation rate of 59.50% on May 16, 2024[128]. - The company has ensured timely payment of remuneration to all directors, supervisors, and senior management[149]. Compliance and Regulatory Adherence - The company is committed to maintaining transparent operations and has adhered to the Shenzhen Stock Exchange's regulations throughout the reporting period[156]. - The company will ensure compliance with legal requirements for share transfers and reductions[191]. - The company has established strict measures to ensure compliance with the commitments made in the prospectus[200]. - The company will publicly explain any failure to fulfill commitments and apologize to shareholders and the public[200].
经纬股份(301390) - 2024 Q4 - 年度财报