顺博合金(002996) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥13,976,513,430, representing a 17.01% increase compared to ¥11,944,652,300 in 2023[6]. - The net profit attributable to shareholders for 2024 was ¥65,024,468.5, a decrease of 47.96% from ¥124,949,766 in 2023[6]. - The net cash flow from operating activities improved significantly to ¥433,053,145, a 204.25% increase from -¥415,406,922 in 2023[6]. - The total assets of the company increased by 70.44% to ¥12,991,406,362 from ¥7,622,095,780 in 2023[22]. - The basic earnings per share for 2024 decreased to ¥0.10, down 54.55% from ¥0.28 in 2023[6]. - The company reported a significant increase in cash flow from operations in Q2 2024, amounting to ¥430,797,712.07, compared to -¥185,229,304.84 in Q1 2024[27]. - The company's financial reports are audited by a registered accounting firm, ensuring the accuracy of financial statements[9]. - The company's total investment during the reporting period was ¥831,277,300, representing a 41.54% increase compared to the previous year's investment of ¥587,316,665[78]. Shareholder Information - The total share capital of the company is 669,436,493 shares, with a cash dividend of 0.5 yuan per 10 shares proposed for distribution[4]. - The company has a cash dividend policy that aligns with its articles of association and shareholder resolutions, ensuring transparency and clarity in the distribution process[151]. - The company has not reported any changes in its controlling shareholders, reflecting stability in ownership[20]. - The company has not experienced significant changes in accounting policies or major risks compared to the previous reporting period[84]. - The company has a structured plan for executive stock options and benefits distribution[123]. - The company has not engaged in speculative derivative investments during the reporting period[86]. Business Operations and Strategy - The company has not changed its main business since its listing, indicating stability in operations[20]. - The company operates multiple wholly-owned subsidiaries, enhancing its market presence and operational capabilities[13]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]. - The company operates in the "recycling of waste resources" industry, specifically in the "processing and treatment of metal waste and scrap" sector, which is encouraged by national policies[33]. - The company has established itself as a leading player in the recycled aluminum industry, being recognized as one of the top 20 companies in China's recycled non-ferrous metal industry for two consecutive years from 2022 to 2023[35]. - The company aims to achieve a recycled aluminum production target of over 15 million tons by 2027, as outlined in the national policy framework[34]. - The company has implemented an order-based production model to ensure timely and quality delivery, focusing on optimizing production processes and introducing new technologies[43]. - The company is actively expanding its product structure to include low-carbon and high-performance aluminum products, with a new project set to increase capacity by 630,000 tons[37]. Environmental Compliance and Sustainability - The company is classified as a key pollutant discharge unit by environmental protection authorities[161]. - The company is subject to various environmental laws and regulations, including the Environmental Protection Law and the Clean Production Promotion Law, which are crucial for its operations[161]. - The company is committed to sustainable development and resource recycling, aligning with national goals for carbon neutrality and resource conservation[36]. - The company has obtained multiple pollution discharge permits, ensuring compliance with environmental regulations until 2029[166]. - The company is focused on continuous improvement in emission standards and environmental compliance[167]. - The company reported a total nitrogen level of 2.362 mg/m³ in wastewater, which is compliant with the regulatory standards[172]. - The company has established a wastewater treatment process that ensures all parameters meet the discharge standards set by local regulations[172]. - The company is committed to achieving zero emissions by 2025, aligning with national environmental regulations and sustainability goals[196]. Risk Management - The company has a comprehensive risk management strategy outlined in the management discussion section, which investors should pay attention to[4]. - The company has established a comprehensive risk management framework to mitigate market, funding, technical, operational, internal control, and legal risks associated with its hedging activities[84]. - The company recognizes the risk of aluminum price fluctuations impacting profit margins, as raw material costs constitute a significant portion of sales costs[107]. - To mitigate aluminum price risks, the company will establish stable supplier relationships and optimize procurement strategies[108]. Governance and Compliance - The company has established various committees within the board to enhance governance and decision-making processes[116]. - The company respects the rights of minority shareholders and ensures their opinions are considered in decision-making[117]. - The company has engaged in fair and market-based related party transactions[118]. - The company maintains a commitment to accurate, timely, and complete information disclosure as per regulatory requirements[119]. - The company has set up an audit department to oversee major operational activities and internal control systems[119]. Employee and Management Information - The total number of employees at the end of the reporting period is 1,997, with 1,114 in production, 250 in technical roles, and 62 in finance[146]. - The company is focused on talent acquisition and training to support its expansion plans, particularly in technical and management roles[110]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.243 million[136]. - The company has a strict remuneration policy based on performance and the current salary system[134]. Future Outlook - The financial outlook remains positive, with expectations of continued growth driven by strategic initiatives and market demand[129]. - The company plans to enhance its market presence through strategic partnerships and potential acquisitions in the environmental technology sector[198]. - Future strategies include expanding the waste gas treatment capacity to further reduce emissions[168]. - The company plans to invest in R&D for innovative waste treatment technologies, with a budget allocation of $5 million for the upcoming year[196].