KLES(SZ:301314)2025-04-24 09:05Dividend Distribution - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders, based on a total of 55,250,000 shares[5]. - The company has not proposed any stock bonus or capital increase for shareholders in the current profit distribution plan[5]. - The company’s cash dividend policy aligns with its articles of association and shareholder resolutions, ensuring clarity and compliance in its distribution processes[160]. - The company has no plans for capital reserve transfers or stock dividends this year, focusing instead on cash dividends to enhance shareholder returns[163]. - The company’s profit distribution plan is consistent with its growth stage and significant capital expenditure needs, maintaining a minimum cash dividend ratio of 20%[162]. Financial Performance - The company's operating revenue for 2024 was ¥169,579,102.99, a decrease of 22.39% compared to ¥218,492,594.16 in 2023[19]. - Net profit attributable to shareholders for 2024 was ¥17,898,018.26, down 49.11% from ¥35,168,260.94 in 2023[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,573,125.76, a decline of 67.47% from ¥32,501,847.67 in 2023[19]. - Basic and diluted earnings per share for 2024 were both ¥0.32, down 52.24% from ¥0.67 in 2023[19]. - The company achieved operating revenue of 170 million yuan in 2024, a year-on-year decrease of 22.39%[48]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 11 million yuan, down 67.47% year-on-year[48]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[5]. - The company has detailed potential risks and corresponding countermeasures in the section "Outlook for Future Development" of the management discussion and analysis[5]. - Risks include potential insufficient technological innovation and the possibility of intellectual property leakage, which the company aims to mitigate through continuous R&D and strict protection measures[98][99]. - The company faces risks related to leasing properties for production, as it currently does not own any real estate[100]. - The company is also addressing the risk of large accounts receivable and potential delays in payment from customers by enhancing credit management and customer evaluation processes[102]. Research and Development - The company holds 42 invention patents, 201 utility model patents, and 41 software copyrights as of December 31, 2024, reflecting its strong R&D capabilities[41]. - The company is focused on the development of fully automated winding equipment for network transformers, aiming to enhance product quality and production efficiency[30]. - The company has established a research and development center to enhance product development and market responsiveness[50]. - The company is actively exploring new business models and increasing R&D investment to enhance competitiveness and market share in customized inductive products[37]. - R&D personnel increased by 32.88% from 73 in 2023 to 97 in 2024, with R&D expenditure amounting to ¥19,523,211.63, representing 11.51% of operating revenue[69]. Market Trends and Competition - The market for network transformer winding services is experiencing increased competition, with a rise in imitation equipment and aggressive pricing strategies[30]. - The overall industry trend remains influenced by macroeconomic factors and competition within the segmented market, leading to continuous adjustments in market dynamics[29]. - The small magnetic ring coil automatic winding industry faces increasing competition, with new entrants attempting to enter the market, particularly some illegal manufacturers suspected of technology infringement[103]. - The demand for winding business has declined due to the impact of the global economic environment and changes in the supply chain inventory cycle, affecting the company's performance[104]. Corporate Governance - The company is committed to maintaining an independent operation, ensuring no interference from controlling shareholders in decision-making processes[110]. - The company has a governance structure that complies with relevant laws and regulations, ensuring equal treatment of all shareholders[109]. - The company has established an independent financial department with a complete financial accounting system, enabling independent financial decision-making[118]. - The company has a dedicated audit committee under the board of directors to oversee internal control and financial information[113]. - The company has established a performance evaluation system and an incentive mechanism to attract and retain talent, enhancing cohesion and aligning interests with shareholders[111]. Sustainability and Social Responsibility - The company is committed to sustainable development, promoting green manufacturing and reducing environmental pollution[177]. - The company has obtained ISO14001 certification, integrating environmental management into its corporate management system[172]. - The company actively participates in social responsibility initiatives, supporting public welfare and community development[179]. - The management team emphasized a focus on sustainable practices, aiming for a 30% reduction in carbon footprint by 2025[139]. Shareholder Relations - The company emphasizes the protection of shareholder rights, ensuring transparent communication and information disclosure[175]. - The company actively manages investor relations through various channels, enhancing transparency and protecting the rights of minority investors[112]. - The company will ensure timely and accurate disclosure of information regarding share sales as per regulatory requirements[187]. - The company commits to fulfilling all obligations related to share transfers and will bear legal responsibilities for any violations[187]. Internal Control - The internal control system was continuously improved, ensuring compliance and asset security, with no significant defects identified in financial reporting as of the evaluation date[166]. - The internal control evaluation report confirmed that the company maintained effective financial reporting controls in all significant aspects[170]. - The company’s internal control framework meets the requirements set by the Ministry of Finance and the China Securities Regulatory Commission[165]. - The company has implemented a comprehensive internal control management system in accordance with relevant regulations and industry characteristics[165]. Financial Management - The company will strengthen the management of raised funds to ensure their safe and effective use, thereby protecting the interests of investors, especially small investors[192]. - The company plans to enhance its profitability and operational capabilities by increasing investment in product research and development, aiming to accelerate the conversion of R&D results into new products[192]. - The company will implement cost management measures to control expenses and improve profit margins, with a focus on optimizing cost-sharing tasks across departments[192]. - The company is committed to improving its cash dividend policy to ensure reasonable returns for investors and protect their rights[192].