YAOJI TECHNOLOGY(002605)2025-04-24 10:30Dividend and Profit Distribution - The company plans to distribute a cash dividend of 5 RMB per 10 shares to all shareholders, based on a total of 414,776,233 shares[5]. - The company has a profit distribution plan that does not involve capital reserve transfers to increase share capital[5]. - The cash dividend represents 100% of the total distributable profit of RMB 2,040,553,009.52 for the reporting period[158]. - The company did not propose any stock dividends or capital reserve transfers during the reporting period[159]. - The company has established a three-year shareholder return plan (2024-2026) to ensure sustainable development and stable returns for investors[157]. Financial Performance - The company reported a revenue of 1.2 billion RMB for the fiscal year 2024, representing a 15% increase compared to the previous year[19]. - The company's revenue for 2024 was ¥3,271,405,546.28, a decrease of 24.04% compared to ¥4,306,872,331.80 in 2023[26]. - Net profit attributable to shareholders for 2024 was ¥539,010,090.49, down 4.17% from ¥562,459,747.27 in 2023[26]. - Operating cash flow increased by 31.94% to ¥594,072,910.58 in 2024, compared to ¥450,266,905.97 in 2023[26]. - Basic earnings per share for 2024 were ¥1.3148, a decrease of 4.76% from ¥1.3805 in 2023[26]. Market and Growth Outlook - The company expects a revenue guidance of 1.5 billion RMB for 2025, indicating a projected growth of 25% year-over-year[19]. - Overall, the company remains optimistic about future growth, with a focus on innovation and market expansion strategies[19]. - Market expansion efforts have led to a 40% increase in market share in the Southeast Asia region[19]. - The company plans to enter the European market in 2025, targeting a revenue contribution of 10% from this region[19]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[5]. - The report includes a detailed description of potential risks the company may face and corresponding countermeasures[5]. - The company faces regulatory risks in the mobile gaming sector, with potential impacts on operations if new games do not receive necessary approvals[109]. - The company is addressing cybersecurity risks by procuring cloud services from leading providers and enhancing security measures to protect user data[110]. Corporate Governance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no false statements or omissions[5]. - The annual report is subject to review by the board of directors, ensuring corporate governance compliance[5]. - The company maintains a complete and independent business system, ensuring no competition with major shareholders[129]. - The company has established an investor relations management system to maintain stable communication with investors[125]. Subsidiaries and Business Structure - The company has multiple fully owned subsidiaries and joint ventures, indicating a diversified business structure[15]. - The company has established three wholly-owned subsidiaries during the reporting period, expanding its operational footprint[74]. - The company has established automated production lines for playing cards, enhancing production efficiency and reducing costs[48]. Research and Development - The company is investing 200 million RMB in R&D for new technologies in 2025[19]. - R&D investment amounted to ¥187,241,873.75 in 2024, a decrease of 22.84% compared to ¥242,680,811.59 in 2023[79]. - The company is committed to increasing R&D efforts and focusing on high-quality game development to enhance market competitiveness and player experience[110]. Employee Management - The total number of employees at the end of the reporting period is 1,629, with 41 in the parent company and 1,588 in major subsidiaries[154]. - The company implements a performance-based compensation policy linked to operational efficiency and employee contributions[155]. - Employee training plans are developed to enhance team quality and ensure the achievement of business objectives[156]. Environmental Responsibility - The company has established waste gas treatment facilities to manage emissions effectively, ensuring compliance with environmental standards[172]. - The company reported no major environmental protection issues and is classified as a key pollutant discharge unit[172]. - Environmental investment for 2024 is 4.2282 million yuan, with an environmental protection tax payment of 0.0028 million yuan[174]. Internal Controls and Compliance - The company has implemented internal control measures to ensure compliance and safeguard financial reporting, with no significant deficiencies reported during the period[165]. - The internal control evaluation report will be fully disclosed on April 25, 2025, on the official website[167]. - The company has not made any changes to accounting policies or estimates, nor corrected any significant accounting errors during the reporting period[184].