Lakala(SZ:300773)2025-04-24 15:20Dividend Distribution - The company plans to distribute a cash dividend of 2.00 yuan per 10 shares to all shareholders, based on a total of 788,082,442 shares [5]. - The company has not proposed any stock bonus distribution, indicating a focus on cash dividends instead [5]. - The company has distributed cash dividends of 8.00 billion, 7.80 billion, 4.00 billion, and 3.20 billion in 2019, 2020, 2023, and the first half of 2024 respectively, totaling over 23 billion since its listing [104]. - The company approved a cash dividend distribution plan for the 2023 fiscal year, distributing RMB 5 per 10 shares, totaling RMB 400,009,971.00, which was implemented on June 7, 2024 [168]. - For the first half of 2024, the company approved a cash dividend of RMB 4 per 10 shares, amounting to RMB 320,007,976.80, implemented on September 6, 2024 [169]. - The total cash dividend for the reporting period was RMB 157,616,488.40, representing 100% of the distributable profit [170]. - Cash dividends should account for at least 30% of the average annual distributable profit over the last three years [159]. - The company aims to ensure that shareholders receive continuous cash dividends, especially when profitability improves [166]. Financial Performance - The company's operating revenue for 2024 was approximately ¥5.76 billion, a decrease of 2.96% compared to ¥5.93 billion in 2023 [25]. - The net profit attributable to shareholders for 2024 was approximately ¥351.20 million, down 23.26% from ¥457.66 million in 2023 [25]. - The basic earnings per share for 2024 was ¥0.45, a decrease of 23.73% from ¥0.59 in 2023 [25]. - Total assets at the end of 2024 were approximately ¥10.47 billion, a decline of 14.64% from ¥12.26 billion at the end of 2023 [25]. - The net assets attributable to shareholders at the end of 2024 were approximately ¥3.39 billion, down 9.55% from ¥3.75 billion at the end of 2023 [25]. - The company reported a quarterly revenue of approximately ¥1.49 billion in Q1 2024, with a slight decline in subsequent quarters [27]. - The company experienced a net loss of approximately ¥161.64 million in Q4 2024, contrasting with positive net profits in the first three quarters [27]. - The company’s weighted average return on equity for 2024 was 9.64%, down from 12.89% in 2023 [25]. - The company’s net profit attributable to shareholders decreased by 23.26% year-on-year to CNY 3.51 billion, primarily due to high investment income in the previous year [51]. Risk Management - The company emphasizes the importance of risk awareness regarding future development strategies and operational plans, which are subject to market conditions and uncertainties [4]. - The company has detailed potential risk factors and countermeasures in the report, particularly in the section on future development outlook [4]. - The company has established a comprehensive risk control process to mitigate industry policy risks, ensuring compliance with regulatory requirements [93]. - The company recognizes market competition risks and is focused on maintaining its competitive advantages in brand recognition, channel networks, and technological capabilities [94]. - The company has developed a mature merchant management and risk monitoring system to address potential risks associated with merchant expansion and management [97]. Technology and Innovation - The company has introduced AI and blockchain technologies to enhance its financial technology services, targeting small and micro enterprises [41]. - The company has developed a self-research digital service platform to help small and micro enterprises establish digital credit recognized by financial institutions [42]. - The company is focused on integrating AI capabilities into its operations to improve efficiency and enhance customer service in the digital payment landscape [36]. - The company completed the development and launched a new generation of payment SaaS systems, enhancing system stability and disaster recovery capabilities [68]. - The company has developed a digital RMB payment settlement platform, significantly reducing the time for opening digital currency services from 2-3 days to seconds [70]. Market Expansion - The company is expected to continue its market expansion efforts, although specific figures and targets are not disclosed in the provided content [4]. - The company is actively expanding its market presence in the cross-border payment sector, driven by the increasing demand for foreign card payment acceptance [36]. - The company achieved a total payment transaction amount of CNY 4.22 trillion in 2024, with card transactions at CNY 2.86 trillion and QR code transactions at CNY 1.36 trillion, maintaining industry-leading market share [48]. - The company’s cross-border payment network covers over 100 countries, providing one-stop cross-border fund services for import and export enterprises [39]. Corporate Governance - The company has established a robust internal governance structure, ensuring compliance with relevant laws and regulations, and maintaining a clear division of responsibilities among its governing bodies [109]. - The company maintains independence from major shareholders, ensuring complete autonomy in its operations and management [116]. - The company has a clear governance structure with independent directors and supervisors, ensuring accountability [124]. - The company has established an independent financial department with a complete financial accounting system, ensuring independent financial decision-making [119]. - The company has committed to not engaging in any business that competes with its own, as per agreements with major shareholders [121]. Employee and Social Responsibility - The total number of employees at the end of the reporting period is 1,926, with 1,067 in sales, 482 in R&D, 104 in management, and 273 in other professional roles [152]. - The company has conducted five energy-saving promotional activities in 2024 to enhance employee awareness of energy conservation [182]. - The company donated a total of 15.5 million yuan in 2024, including 10 million yuan to the Zhongshan Boai Foundation and 5 million yuan to Peking University for educational support [185]. - The company has cumulatively donated 40 million yuan to various charitable causes since its establishment [185]. - The company is actively promoting consumption poverty alleviation by encouraging employees to support local agricultural products [186]. Financial Reporting and Compliance - The report highlights the company's commitment to maintaining accurate and complete financial reporting, as stated by the management team [4]. - The internal control evaluation report indicates no significant defects in financial reporting, with a standard unqualified opinion from the auditing firm [180]. - The company confirmed that the prospectus for the public offering does not contain false records, misleading statements, or major omissions, and it assumes legal responsibility for its authenticity, accuracy, and completeness [200]. - The company will accept supervision from regulatory authorities and the public regarding its commitments [199].