SED(000032)2025-04-24 15:55Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1.20 CNY per 10 shares to all shareholders, based on a total of 1,137,959,234 shares[4]. - The board of directors has approved the profit distribution plan, which does not include any bonus shares or capital reserve transfers[4]. Financial Performance - The company's operating revenue for 2024 reached ¥67,389,424,494, representing a year-on-year increase of 19.73% compared to ¥56,283,718,641 in 2023[19]. - The net profit attributable to shareholders for 2024 was ¥329,726,273.71, a slight increase of 0.03% from ¥329,641,229.16 in 2023[19]. - The net cash flow from operating activities improved by 25.25%, totaling ¥820,791,360.47 in 2024 compared to ¥655,307,988.03 in 2023[19]. - Total assets increased by 24.40% to ¥70,306,974,766 in 2024 from ¥56,518,387,860.33 in 2023[20]. - The company's net assets attributable to shareholders rose to ¥6,494,762,605.5, reflecting a 0.09% increase from ¥6,488,818,048.97 in 2023[20]. - The basic earnings per share for 2024 was ¥0.2898, a marginal increase of 0.03% from ¥0.2897 in 2023[19]. - The company reported a significant decline of 87.92% in net profit excluding non-recurring gains and losses, down to ¥8,285,336.92 from ¥68,582,960.48 in 2023[19]. - The weighted average return on equity for 2024 was 5.07%, a decrease of 0.22% from 5.29% in 2023[19]. Risk Management and Compliance - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors, highlighting potential risks[4]. - The report indicates that the company is committed to transparency and compliance with regulatory requirements[4]. - The annual report includes a section on management discussion and analysis, detailing potential risks the company may face[4]. Corporate Governance - The company has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations[172]. - The company maintains complete independence from its controlling shareholders in business, personnel, assets, institutions, and financial aspects[174]. - The company has implemented strict insider information management and trading prevention measures[173]. - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[172]. Research and Development - The company has applied for 541 new patents and obtained 260 authorized patents, including its first international PCT patent, indicating a strong focus on technological innovation[73]. - R&D investment increased by 15.22% from ¥1,855,048,384.72 in 2023 to ¥2,137,329,770.30 in 2024, while the ratio of R&D investment to operating revenue slightly decreased from 3.30% to 3.17%[117]. - The amount of capitalized R&D investment surged by 241.95% from ¥19,434,910.22 in 2023 to ¥66,457,787.45 in 2024, raising the capitalized R&D investment ratio from 1.05% to 3.11%[117]. Market Expansion and Strategic Initiatives - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its competitive position[149]. - The company aims to optimize its business layout and expand into overseas markets, focusing on Southeast Asia and beyond[158]. - The company plans to enter new markets, targeting a revenue contribution of L million from these initiatives within the next two years[187]. Technology and Product Development - The company is committed to advancing technology innovation and product development to meet downstream user needs and promote digital transformation[45]. - The company launched several core products, including CECSTACK V5.2 and CeaSphere V5.2.0, enhancing its cloud computing and storage capabilities[48]. - The company is focusing on the development of cloud-native technologies to enhance data security and privacy protection, addressing stringent requirements from government and state-owned enterprises[110]. Environmental Sustainability - The company has successfully completed the verification and assessment of 179,000 tons of carbon asset transactions, showcasing its commitment to environmental sustainability[70]. - The company achieved a 10% reduction in operating costs through its new wastewater treatment technology, which stabilizes fluoride concentration below required levels[113]. - The company is expanding its business in the environmental sector by developing microbial nutrient products tailored for biochemical wastewater treatment[114]. Financial Management and Investments - The company reported a net profit contribution from the sale of significant assets amounting to 4,639 million yuan, which represents 9.83% of the total net profit[149]. - The company has completed the sale of 100% equity in a subsidiary, which is expected to have a minor impact on overall revenue[149]. - The company is currently undergoing a significant asset sale process, with the transaction expected to be finalized by April 30, 2024[149]. Shareholder Engagement - The company held multiple investor meetings, with a total of 42 participants in January 2024 and 101 participants in August 2024[169]. - The first temporary shareholders' meeting in January 2024 had an investor participation rate of 37.23%[177]. - The annual shareholders' meeting in May 2024 had an investor participation rate of 38.04%[177].