HAOYANG(SZ:300833)2025-04-24 11:20Dividend Distribution - The company plans to distribute a cash dividend of 13 RMB per 10 shares to all shareholders, based on a total of 126,490,500 shares[3]. - The cash dividend distribution plan for 2024 proposes a cash dividend of RMB 13 per 10 shares, amounting to an estimated total of RMB 164,437,650[148]. - The total cash dividend distribution represents 100% of the profit distribution amount[146]. - The company plans to distribute cash dividends of RMB 24 per 10 shares, totaling RMB 202,384,800, based on a total share capital of 84,327,000 shares as of May 20, 2024[143]. Financial Performance - The company's operating revenue for 2024 was ¥1,211,952,045.34, a decrease of 7.12% compared to ¥1,304,893,889.86 in 2023[16]. - Net profit attributable to shareholders for 2024 was ¥301,687,665.47, down 17.61% from ¥366,174,457.49 in 2023[16]. - The cash flow from operating activities for 2024 was ¥271,713,896.32, reflecting a decline of 31.24% from ¥395,145,063.77 in 2023[16]. - The total assets at the end of 2024 increased by 4.53% to ¥2,720,279,261.90 from ¥2,602,491,596.21 at the end of 2023[16]. - The company reported a basic earnings per share of ¥2.3851 for 2024, a decrease of 17.61% compared to ¥2.8949 in 2023[16]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥284,512,119.02, down 18.66% from ¥349,791,659.70 in 2023[16]. - The weighted average return on net assets for 2024 was 12.79%, a decrease of 3.68% from 16.47% in 2023[16]. - The company achieved a revenue of approximately RMB 1.212 billion, a year-on-year decrease of about 7.12%[41]. - The net profit attributable to the parent company was approximately RMB 302 million, down about 17.61% year-on-year[41]. Research and Development - The company invested approximately RMB 85.85 million in R&D during the reporting period, focusing on new products, processes, and applications[41]. - The company is developing high-reliability low-latency communication positioning technology, aiming to create new market growth points[57]. - A new high-power laser stage lighting technology has been successfully developed, enhancing product competitiveness and market share[58]. - The company is working on a silent stage light technology, which is expected to meet the demands of high-end markets[58]. - Ongoing research in intelligent communication sensing systems aims to address key technical challenges in complex dynamic stage environments[58]. - R&D investment increased to ¥85,850,696.49 in 2024, representing 7.08% of operating revenue, up from 4.36% in 2023, a year-over-year increase of 2.72%[59]. - The number of R&D personnel rose to 219 in 2024, an increase of 18.38% from 185 in 2023, with a notable increase in master's degree holders by 76.47%[59]. Market Trends - The market for stage entertainment lighting equipment is expected to grow, driven by increased demand from concerts and theme parks, with a 49.90% year-on-year increase in concert events with over 5,000 attendees[25]. - The urban landscape lighting industry is experiencing growth due to the demand for artistic and functional lighting solutions, driven by economic development and rising living standards[27]. - The stage lighting equipment manufacturing industry is becoming increasingly digitalized and intelligent, with a focus on user demands for safety, stability, and ease of use[28]. - China's stage lighting equipment manufacturing industry has made significant progress, with a growing demand for high-tech and multifunctional products due to rising disposable incomes and cultural consumption[29]. Corporate Governance - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors, urging them to be aware of risks[3]. - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the CEO and accounting head[3]. - The company has established a comprehensive information disclosure management system to enhance transparency[106]. - The company has reported compliance with corporate governance standards as per relevant laws and regulations[102]. - The board of directors consists of 7 members, including 3 independent directors, meeting legal requirements[104]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations[107]. - The company has established a sound internal control system that integrates quality management and internal control guidelines, continuously optimizing its organizational structure[152]. Risk Management - The company has implemented risk control measures to avoid significant exchange rate fluctuations[78]. - The company has established measures to mitigate risks related to core technology personnel turnover and leakage[95]. - The company faces risks from international trade policy adjustments, which could impact overseas orders and supply chains[92]. Employee Engagement - The company has implemented a stock incentive plan for key personnel, with 152 employees holding a total of 297,900 shares, representing 0.24% of the total share capital[150]. - The company is focused on expanding its employee stock ownership plan as part of its broader strategy to enhance employee retention and motivation[114]. - The company emphasizes a "people-oriented" core value, focusing on employee health, safety, and satisfaction, ensuring legal rights are protected[163]. - The company has established a charity fund to assist employees in need, recognized as an "Excellent Named Charity Fund" for its efforts[165]. Social Responsibility - The company actively participates in social welfare initiatives, collaborating with various organizations for education, elderly care, and public health, earning multiple honors for its contributions[165]. - The company has not yet initiated any work related to consolidating poverty alleviation achievements or rural revitalization during the reporting period[166]. - The company has launched LED products that save over 50% energy compared to traditional high-energy bubble light sources, enhancing energy efficiency in high-end LED products[164]. - The company has established ISO14001 and OHSAS18001 management systems for environmental protection and occupational health, and has implemented waste recycling measures[164]. Investment and Capital Management - The company has committed to ensuring that the funds raised will be used legally and reasonably, with regular checks on the usage of the raised funds[173]. - The company will strengthen management in planning, usage, accounting, and risk prevention related to the raised funds[173]. - The company has reported a total of RMB 39.22 million in funds used for project investment and issuance costs[84]. - The company has a balance of RMB 4.5 billion in unutilized raised funds stored in a dedicated account[85]. Shareholder Relations - The company actively engages in investor relations to ensure shareholders are informed about operational performance[103]. - The company has confirmed that there are no changes or disguised changes in the direction of raised funds that would harm shareholder interests[84]. - The company will ensure compliance with all public commitments made during its initial public offering and accept social supervision[177]. - The company has committed to protecting the legal rights of its shareholders in accordance with relevant regulatory requirements[172].