Taclink(SH:688205)2025-04-24 14:15Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 36,267,847.50 (including tax), which represents 60.17% of the net profit attributable to shareholders for the year[5]. - The total cash dividend for the year, including interim distributions, amounts to RMB 60,446,412.50 (including tax)[5]. - The board of directors has approved the profit distribution plan, pending approval from the 2024 annual general meeting[6]. - The company distributed a total cash dividend of 54.40 million yuan (including tax) and issued 20,148,804 shares as a capital reserve conversion, equating to a 2-for-10 share increase[41]. - The cumulative cash dividend over the last three accounting years is 141,948,023.00 RMB, with an average net profit of 98,072,843.14 RMB, resulting in a cash dividend ratio of 144.74%[158]. Financial Performance - The company's operating revenue for 2024 reached ¥841,304,704.02, representing a 2.79% increase compared to ¥818,505,526.69 in 2023[25]. - The net profit attributable to shareholders for 2024 was ¥100,455,113.01, up 9.07% from ¥92,104,466.20 in 2023[25]. - The net profit after deducting non-recurring gains and losses increased by 31.40% to ¥73,813,091.10 in 2024 from ¥56,173,157.65 in 2023[25]. - The net cash flow from operating activities surged by 1,111.06% to ¥211,092,361.49 in 2024, compared to ¥17,430,328.94 in 2023[25]. - The company's total assets as of the end of 2024 were ¥2,620,439,027.92, a 2.38% increase from ¥2,559,593,576.62 at the end of 2023[25]. - The net assets attributable to shareholders increased by 3.36% to ¥2,242,260,596.75 at the end of 2024, compared to ¥2,169,349,909.00 at the end of 2023[25]. - The basic earnings per share for 2024 was ¥0.83, reflecting a 6.41% increase from ¥0.78 in 2023[26]. - The gross margin for the main business was 30.70%, an increase of 5.17 percentage points year-on-year[84]. - Operating costs decreased by 3.94% to 581.32 million RMB, contributing to improved profitability[81]. Research and Development - The R&D expenditure accounted for 12.31% of operating revenue in 2024, up from 10.10% in 2023, indicating a focus on innovation[26]. - Research and development investment amounted to 103.53 million yuan, a year-on-year increase of 25.20%, accounting for 12.31% of operating revenue[36]. - The R&D team has grown by 18.56% year-on-year, now comprising 25.13% of the total workforce, and the company has obtained 236 intellectual property rights, including 37 invention patents[39]. - The company has established a new key laboratory for optical interconnection and optical switching technology to enhance its core competitiveness[36]. - The company is focusing on the integration of advanced technologies such as AI and cloud computing to enhance the efficiency and intelligence of communication networks[46]. - The company is committed to continuous innovation in high-end product development, focusing on high-speed, high-density, long-distance, and low-power technologies[123]. Market and Product Development - The company successfully completed the development iterations of the full series of DCI equipment (100G/200G/400G/600G) and achieved commercial deployment globally[37]. - The company is accelerating the research and development of 800G and 1.6T ultra-high-speed transmission systems for future intelligent computing networks[37]. - The company is actively working on the commercialization of 50G PON technology, which is expected to be deployed around 2025, marking a significant advancement in optical access networks[51]. - The company has developed advanced manufacturing technologies for high-speed optical transceiver modules, significantly improving module usability and reducing software development cycles[53]. - The company is focusing on the development of new materials and technologies to meet the challenges posed by the rapid growth of computing power, which is expected to increase by 30 to 100 million times over the next decade[49]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm Tianye[4]. - The company has confirmed that all directors can guarantee the authenticity, accuracy, and completeness of the annual report[11]. - The company has established a comprehensive internal control system that effectively covers all business activities and internal management aspects, maintaining effective internal controls related to financial statements[171]. - The company has a governance structure that includes a board of directors, supervisory board, and various specialized committees, ensuring clear responsibilities and effective checks and balances[176]. - The company has established specialized committees under the board, including the audit, nomination, remuneration, and strategic committees[144]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, including the use of energy-efficient equipment and maintenance of high-energy-consuming devices[186]. - The company has established an ISO 14001:2015 environmental management system and complies with various environmental laws and regulations[185]. - The company donated 20,000 RMB to support rural revitalization efforts in Akto County, Xinjiang, in August 2024[195]. - The company is committed to a sustainable development strategy while balancing shareholder interests, ensuring compliance and governance[41]. - The company emphasizes technological innovation and maintains product competitiveness, focusing on energy-saving and environmentally friendly products[177]. Employee and Management Information - The total number of employees in the parent company is 677, and in major subsidiaries is 111, totaling 788 employees[149]. - The company has a stock incentive plan that was discussed and approved in the board meeting on January 15, 2024[140]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 5.3321 million RMB[139]. - The company has implemented a comprehensive human resources management system, including salary and incentive mechanisms[199]. - The company prioritizes employee welfare by providing a safe working environment and regular health check-ups[199].