HJKJ(SZ:000818)2025-04-24 11:05Financial Performance - The company reported a revenue growth of 15% year-over-year, reaching RMB 1.2 billion in 2024[14]. - The company's operating revenue for 2024 was approximately ¥4.17 billion, representing a 13.72% increase compared to ¥3.67 billion in 2023[20]. - The net profit attributable to shareholders for 2024 was approximately -¥979.14 million, a significant decline of 864.18% from ¥128.13 million in 2023[20]. - The basic earnings per share for 2024 was -¥1.46, down 868.42% from ¥0.19 in 2023[20]. - The company anticipates a 12% increase in operating profit for 2025, projecting RMB 150 million[14]. - The company achieved a total operating revenue of approximately 4.17 billion yuan in 2024, representing a year-on-year increase of 13.72% compared to 3.67 billion yuan in 2023[49]. - The chemical segment generated revenue of approximately 2.68 billion yuan, accounting for 64.13% of total revenue, with a year-on-year decline of 5.75%[49]. - The electronic segment reported revenue of approximately 1.50 billion yuan, which is a significant increase of 80.31% year-on-year, representing 35.87% of total revenue[49]. - The company reported a significant increase in overseas revenue, which grew by 574.05% year-over-year to CNY 212,854,056.48[52]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[14]. - The company is exploring potential acquisitions in the semiconductor sector to enhance its technology portfolio[14]. - The company is actively investing in the intelligent computing service sector, aiming to enhance its competitive edge and risk resilience through strategic acquisitions and partnerships[43][47]. - The company plans to leverage its resources to build a digital economy infrastructure, targeting a second growth curve in the digital economy sector[47]. - The company is focusing on the development of specialized chips, emphasizing domestic production capabilities and expanding its product portfolio[45]. - The company is actively pursuing mergers and acquisitions to enhance its technological capabilities and market reach[198]. - The company has outlined a strategic plan for market expansion in 2024, targeting key growth areas in artificial intelligence[198]. Research and Development - The company has allocated RMB 100 million for R&D in artificial intelligence technologies in 2024[14]. - The company holds a total of 52 patents related to its chemical products, indicating a strong research and development capability[38]. - The company is conducting research on a low-energy, low-water consumption process for producing propylene oxide, aiming to achieve cost reduction and efficiency improvements[65]. - Ongoing R&D projects include the development of high-performance filters and antennas, aimed at meeting customer demands and expanding market presence[65]. - The company is focused on enhancing the performance and reliability of high-speed optical modules to meet growing market demands[65]. - The company has completed research on high-speed optical modules with multi-channel signal equalization and crosstalk suppression, achieving expected performance targets[66]. - R&D investment increased to ¥174,667,894.68 in 2024, up 6.21% from ¥164,450,674.98 in 2023, while the R&D expense as a percentage of revenue decreased to 4.19% from 4.48%[70]. Environmental and Safety Compliance - The company has a wastewater treatment facility with a designed capacity of 1,500 tons per hour, currently operating normally, ensuring that TOC and ammonia nitrogen emissions meet standards[149]. - The company’s self-owned coal-fired power plant's environmental facilities are functioning properly, achieving ultra-low emissions for sulfur dioxide and nitrogen oxides[150]. - The company has implemented an environmental self-monitoring plan, which includes continuous monitoring of boiler flue gas and wastewater discharge[152]. - The company has taken measures to reduce carbon emissions, including enhancing management and employee awareness, and reducing coal consumption[154]. - The company has established an emergency response plan for potential environmental incidents to ensure rapid response and organized rescue operations[151]. - The company faced administrative penalties for environmental violations, including fines totaling RMB 547,000 for various infractions related to air and water pollution control measures[155]. - The company has established a comprehensive safety production management system, with no safety production accidents reported during the reporting period[156]. Corporate Governance - The company is committed to enhancing its governance structure and has established specialized committees to improve decision-making quality and efficiency[102]. - The company held a temporary shareholders' meeting on February 23, 2024, where it approved a share repurchase plan and the 2023 annual report[105]. - The company reported a 20.22% participation rate from investors in the temporary shareholders' meeting held on February 23, 2024[105]. - The company has established a comprehensive internal control system, including governance structures and management procedures, to ensure effective management and operations[137]. - The company is actively managing its governance structure through regular board meetings and resolutions[122]. - The board approved a share repurchase plan during the ninth board meeting held on February 7, 2024[122]. - The company has a structured approach to remuneration based on national laws and regulations[119]. Financial Management and Investments - The company plans to apply for a total credit limit of no more than 9 billion yuan from banks and leasing companies to meet production and project investment needs in 2025[96]. - The company has committed to achieving audited net profits of no less than RMB 27.6 million, RMB 57.1 million, and RMB 76 million for the years 2023, 2024, and 2025 respectively[159]. - The actual net profit for the year 2024 was reported at RMB 81,275,370.63, achieving a completion rate of 142.34% against the forecast[161]. - The company has renewed the appointment of Da Xin Accounting Firm for financial audit and internal control audit services, with an annual audit service fee of 1.4 million yuan and an internal control audit service fee of 200,000 yuan[167]. - The company plans to conduct entrusted wealth management with Huayuan Securities, with a limit not exceeding 500 million yuan, effective until the next annual general meeting[181]. - The company intends to engage in loan business with Hubei Financial Leasing Co., Ltd. and Wuhan Financing Leasing Co., Ltd., with a maximum loan balance not exceeding 1 billion yuan[181]. Employee and Management Structure - The total number of employees at the end of the reporting period is 3,018, with 2,121 in production, 127 in sales, 330 in technology, 52 in finance, and 388 in administration[131]. - The educational background of employees includes 3 PhDs, 65 Master's degrees, 539 Bachelor's degrees, 768 with associate degrees, and 1,643 with high school or lower education[131]. - The company has a diverse management team with backgrounds in finance and engineering, enhancing its operational capabilities[108][109]. - The company has established a performance assessment system for all employees, including a specific plan for senior management remuneration[119]. - The company emphasizes training and development, with a focus on enhancing technical skills for production staff through various training programs[133]. Shareholder and Stock Information - The company plans to distribute a cash dividend of 0.5 RMB per 10 shares to all shareholders, effective May 24, 2024[200]. - The company approved a share repurchase plan with a total budget between 300 million RMB and 400 million RMB, with a maximum repurchase price of 37.95 RMB per share[200]. - The company has completed the implementation of its cash dividend distribution plan for the fiscal year 2023[200].