SNC Net(SH:605398)2025-04-25 09:50Financial Performance - The net profit attributable to shareholders for 2024 is RMB 21,387,624.67, with the parent company achieving a net profit of RMB 527,616.02[7]. - The company's operating revenue for 2024 was ¥533,059,763.05, a decrease of 16.25% compared to ¥636,505,934.35 in 2023[24]. - Net profit attributable to shareholders decreased by 64.09% to ¥21,387,624.67 from ¥59,563,001.64 in the previous year[24]. - The basic earnings per share dropped by 63.88% to ¥0.13 from ¥0.37 in 2023[25]. - The cash flow from operating activities showed a significant decline of 230.93%, resulting in a net outflow of ¥68,284,475.23[24]. - The company's total assets decreased by 5.35% to ¥1,206,497,226.03 compared to ¥1,274,667,596.92 at the end of 2023[24]. - Operating profit was ¥23,876,145.20, down 61.24% year-on-year, while total profit decreased by 61.77% to ¥23,502,492.68[55]. - The company reported a net loss of ¥3,469,346.85 in the fourth quarter of 2024, contrasting with profits in previous quarters[28]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 0.015 per share, totaling approximately RMB 2,403,615.20, which represents 11.24% of the net profit attributable to shareholders[7]. - The total amount for cash dividends and share repurchases is RMB 52,551,199.84, accounting for 245.71% of the net profit attributable to shareholders[7]. - The available profit for distribution to shareholders at the end of 2024 is RMB 120,384,397.19 after accounting for the cash dividend distribution[7]. - The cumulative cash dividend amount over the last three accounting years is RMB 28,728,205.76, with an average cash dividend ratio of 62.50%[139]. - The company has established a cash dividend policy prioritizing cash dividends, with a clear distribution standard and procedure[136]. Research and Development - The company increased its investment in R&D for AI-related projects, including the operation of large model intelligent platforms and cloud management platforms[26]. - R&D expenses totaled ¥12,064.93 million, accounting for 22.63% of the current operating revenue[38]. - The company has developed 13 new invention patents and 9 software copyrights during the reporting period[38]. - The company is focused on developing AI models and intelligent agents for IT operations, with ongoing research and development efforts in this area[44]. - The company aims to enhance its research and development capabilities to mitigate technology development risks associated with rapid advancements in AI and IT operations[99]. Market and Business Strategy - The company is actively exploring AI large model applications in IT operations, enhancing its core competitiveness through R&D investments[35]. - The company established strategic partnerships with domestic database vendors, including Alibaba Cloud and GBASE, to strengthen the domestic database industry layout[38]. - The company launched a new subsidiary in Hong Kong to expand its market presence in overseas regions[39]. - The company is committed to a "product + service" dual-driven business model to ensure stable operation of digital infrastructure[51]. - The company plans to strengthen its "product + service" dual-driven business model to support digital transformation and the implementation of domestic innovation initiatives[95]. Governance and Management - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[10]. - The company’s financial report has been confirmed for its authenticity and completeness by the responsible executives[10]. - The company maintains independence in operations, personnel, assets, institutions, and finance, ensuring autonomous operational capabilities[108]. - The independent directors have been actively involved in significant matters, ensuring the protection of minority shareholders' rights[108]. - The company has established specialized committees under the board to enhance decision-making processes and governance standards[108]. Environmental and Social Responsibility - The company is not listed as a key pollutant unit by the Shanghai Environmental Protection Bureau and has no violations or penalties related to environmental issues during the reporting period[147]. - Total donations for social responsibility projects amounted to CNY 100,000, all directed to the Shanghai Charity Foundation[149]. - The company has not implemented any carbon reduction measures during the reporting period[148]. Shareholder Commitments and Restrictions - The actual controllers and shareholders have committed to not transferring or managing their shares for 36 months post-IPO[152]. - The commitment includes a clause that if the stock price falls below the issue price for 20 consecutive trading days, the lock-up period will be extended by at least 6 months[152]. - Shareholders must announce their intention to reduce shares three trading days prior to the reduction[168]. - The company commits to long-term and stable shareholding in Xinju Network, with specific conditions for share reduction after the lock-up period[168]. - The actual controllers agree to bear legal responsibilities and compensate for any losses caused by violations of commitments[175].