KELI(SZ:002892)2025-04-24 14:20Dividend and Capital Distribution - The company plans to distribute a cash dividend of 0.5 RMB per 10 shares (including tax) and to increase capital by issuing 2 additional shares for every 10 shares held[4]. - The total cash dividend amount is 30,980,729.35 CNY (including tax), which represents 100% of the total profit distribution[192]. - The company has a total distributable profit of 361,070,276.48 CNY[192]. - The company plans to repurchase and cancel 1,008,420 shares of restricted stock at a price of 3.344 CNY per share, which accounts for 0.16% of the total share capital[199]. - The stock option incentive plan was adjusted, with the exercise price for the first grant reduced from 9.37 CNY to 6.57 CNY, and the number of options increased from 3,465,280 to 4,851,392[195]. Financial Performance - The company reported a net profit margin of 12% for the last fiscal year, reflecting improved operational efficiency[15]. - The company's operating revenue for 2024 reached ¥1,656,503,300, representing a 27.89% increase compared to ¥1,295,285,210 in 2023[22]. - The net profit attributable to shareholders for 2024 was ¥60,070,532.4, a 17.68% increase from ¥51,045,517.6 in 2023[22]. - The company reported a net profit of ¥-10,643,290.49 in Q4 2024, contrasting with a net profit of ¥47,052,069.45 in Q3 2024[27]. - The company reported a revenue of 612.71 million for the year, with a year-on-year growth of 39.58%[124]. Market Expansion and Growth Strategy - Future outlook indicates a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[15]. - Market expansion efforts include entering two new international markets, aiming for a 10% increase in global market share[15]. - The company is focusing on expanding its market presence and improving product technology levels through strategic R&D initiatives[90]. - The company aims to increase its market share in the electric motor sector, targeting a 10% growth in sales volume over the next year[122]. - The company plans to expand its domestic sales market by optimizing traditional product structures and increasing market share in new application areas[126]. Research and Development - The company is investing in R&D for new technologies, with an allocated budget of 50 million RMB for the upcoming year[15]. - The company emphasizes R&D with centers in Hunan, Shenzhen, and Suzhou, collaborating with institutions like Harbin Institute of Technology and Taiwan Industrial Technology Research Institute to enhance technological capabilities[52][53]. - R&D investment accounted for 4.69% of operating revenue, a slight decrease from 4.99% in the previous year[92]. - The company is focusing on enhancing its R&D capabilities by investing in precision stepper motors, high-efficiency brushless DC motors, and high-performance servo systems, targeting applications in robotics, industrial automation, AI, and new energy vehicles[127]. - Research and development efforts are being directed towards 5G base station components, with an investment of 20 million planned for the upcoming year[123]. Operational Efficiency and Cost Management - The company reported a net cash flow from operating activities decreased by 42.96% to ¥99,977,220 in 2024, down from ¥175,281,339 in 2023[22]. - The gross margin for smart control electronics and motors was 17.94%, slightly down by 0.30% year-on-year, while the gross margin for health and care products was 9.13%, up by 2.15%[80]. - The company is implementing digital transformation in manufacturing to reduce costs and improve production efficiency through lean production and MES management systems[134]. - The company faces risks from raw material price fluctuations, with a significant reliance on copper and silicon steel, and is taking measures to mitigate these risks[135]. - The company has a clear strategy for market expansion and product development, focusing on independent operations without interference from controlling shareholders[157]. Corporate Governance and Management - The company has established an internal audit system, with the audit committee responsible for communication between internal and external audits, enhancing internal control management[153]. - The board of directors consists of 5 members, including 2 independent directors, and held 9 board meetings and 14 specialized committee meetings during the reporting period[147]. - The company maintains a clear separation from its controlling shareholders in terms of personnel, assets, and operations, ensuring independent decision-making[151]. - The company has a complete governance structure, with the board of directors, supervisory board, and other internal institutions operating according to the company's articles of association[158]. - The company has established a robust network of partnerships with other enterprises, enhancing its market presence and operational capabilities[168]. Employee Management and Development - The total number of employees at the end of the reporting period is 3,892, with 673 in the parent company and 3,219 in major subsidiaries[187]. - The company has implemented a salary system that combines time-based and piece-rate pay for production personnel, while other employees receive time-based salaries[188]. - The company has established a comprehensive training system to enhance employee skills and quality, focusing on various areas including safety production and professional skills[191]. - The educational background of employees shows 19 with master's degrees or above, 286 with bachelor's degrees, 356 with associate degrees, and 3,231 with high school or lower education[187]. - The company is committed to talent development and optimizing its workforce to support rapid growth and new product development[131].