JIT(SZ:003029)2025-04-25 11:25Financial Performance - The company's operating revenue for 2024 was ¥406,670,205.27, a decrease of 0.32% compared to ¥407,963,467.76 in 2023[19]. - The net profit attributable to shareholders for 2024 was -¥138,517,791.75, an improvement of 11.86% from -¥157,165,050.49 in 2023[19]. - The net cash flow from operating activities for 2024 was -¥147,705,779.35, which represents a decline of 26.66% compared to -¥116,618,009.95 in 2023[19]. - The total assets at the end of 2024 were ¥1,671,191,973.56, down 10.69% from ¥1,871,299,347.99 at the end of 2023[19]. - The basic earnings per share for 2024 was -¥0.71, an improvement of 17.44% from -¥0.86 in 2023[19]. - The company reported a net profit margin of -11.28% for 2024, slightly improved from -12.27% in 2023[19]. - The company recorded a total of ¥4,924,637.08 in non-recurring gains for 2024, compared to ¥8,541,938.24 in 2023[24]. - The company experienced a significant decrease in net assets, which were ¥1,152,157,144.00 at the end of 2024, down 2.92% from ¥1,186,759,932.36 at the end of 2023[19]. Market Strategy and Development - The company aims to expand its market presence in key sectors such as finance, telecommunications, and healthcare[13]. - The company is focused on developing new technologies and products, including quantum security and AI applications[13]. - The company is actively involved in the national strategy of promoting information technology innovation across various industries[13]. - The company plans to enhance its market position in key sectors such as digital economy and digital government, focusing on password security and domestic innovation upgrades[70]. - The company is exploring external development through fund investments in the upstream and downstream of the industry chain[71]. - The company aims to strengthen its brand influence and market competitiveness through participation in major industry events and collaborations with channel partners[70]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[4]. - The company has outlined potential risks in its operations, including industry policy risks and technology innovation risks[4]. - The company faces potential risks from changes in national policies that could impact the network security industry, affecting product approvals and tax incentives[133]. - The company acknowledges the risk of not being able to use the "Jilin University" name due to regulatory changes, which could affect its branding[135]. - The company recognizes the challenges in launching new businesses amid rapidly changing market demands and technological advancements, which may lead to unmet expectations[136]. Governance and Compliance - The board of directors and management confirm the accuracy and completeness of the financial report[3]. - The company has a governance structure comprising a shareholders' meeting, board of directors, supervisory board, and management team, ensuring clear responsibilities and effective decision-making[141]. - The company emphasizes transparency in information disclosure, adhering to regulations to ensure the accuracy and timeliness of information provided to investors[147]. - The company maintains independence in assets, personnel, finance, and operations from its actual controller, ensuring no shared assets or liabilities[149]. - The company has established an independent financial department with dedicated personnel, ensuring compliance with relevant laws and regulations, and has a complete financial accounting system[152]. Research and Development - The company is actively exploring the integration of AI technology with password technology to enhance its product offerings and market competitiveness[48]. - The company has made significant advancements in password technology, including applications in quantum-resistant algorithms and AI integration, enhancing its market offerings[41]. - The number of R&D personnel decreased by 10.64% from 282 in 2023 to 252 in 2024[90]. - R&D investment amount fell by 28.15% from ¥140,066,789.47 in 2023 to ¥100,643,594.41 in 2024[90]. - The company has completed the upgrade of quantum-resistant cryptographic algorithms, significantly enhancing the security of its products against quantum computing threats[88]. Employee Management and Compensation - The company has established a competitive salary system to enhance employee performance and attract talent, delaying stock incentives and employee stock ownership plans[192]. - The total remuneration for directors, supervisors, and senior management is reported in ten-thousands of CNY[179]. - The company has a performance assessment system in place to determine the salaries of directors and supervisors based on their roles[175]. - The company has strengthened internal lecturer training to promote knowledge sharing among employees[194]. - The training program for 2024 focuses on integrating the latest technology trends and market dynamics, enhancing employee core competitiveness[194]. Future Outlook - The company plans to invest 100 million yuan in research and development for new technologies over the next fiscal year[167]. - The company is set to launch two major product series, "Kunlun" and "Hongqi," targeting 13 key industry sectors in the信创 market, focusing on virtualization and self-regulation technologies[128]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share within the next year[161]. - The company has provided guidance for the next quarter, expecting revenue to be between 1.3 billion and 1.5 billion yuan, indicating a potential growth of 8% to 25%[163].