Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, based on a total of 381,774,116 shares[5]. - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares, totaling RMB 38,177,411.60, which represents 100% of the total distributable profit[183]. - The total distributable profit for the year is RMB 571,566,556.98, after accounting for a net profit of RMB 217,229,701.28 and a statutory surplus reserve of RMB 21,722,970.13[183]. - The company has not proposed any stock dividends or capital reserve transfers during this distribution[183]. - The company will maintain the per-share distribution ratio even if the total share capital changes before the dividend distribution date[183]. Financial Performance - The company's operating revenue for 2024 reached ¥1,139,890,899.64, an increase of 18.91% compared to ¥958,592,877.64 in 2023[22]. - Net profit attributable to shareholders for 2024 was ¥217,229,701.28, reflecting a growth of 33.23% from ¥163,044,883.21 in 2023[22]. - The net profit after deducting non-recurring gains and losses was ¥197,795,928.21, up 35.56% from ¥145,914,585.86 in 2023[22]. - The total assets of the company increased by 29.50% to ¥2,446,979,706.71 at the end of 2024, compared to ¥1,889,580,884.81 at the end of 2023[22]. - The basic earnings per share for 2024 was ¥0.57, a 32.56% increase from ¥0.43 in 2023[22]. - The company reported a decrease of 16.93% in cash flow from operating activities, totaling ¥229,093,728.29 in 2024 compared to ¥275,797,923.66 in 2023[22]. - In 2024, the company achieved total revenue of ¥1,139,890,899.64, representing an 18.91% increase compared to ¥958,592,877.64 in the previous year[75]. - The net profit attributable to shareholders was ¥217,229,701.28, a 33.23% increase from the previous year, while the net profit after deducting non-recurring gains and losses rose by 35.56% to ¥197,795,928.21[75]. Market and Product Development - The company is focused on expanding its market presence and developing new products and technologies, although specific figures are not provided in the current documents[5]. - The company aims to enhance its product lineup and continue to replace foreign products in the high-end air compressor market[33]. - The company specializes in energy-efficient and stable air power solutions, focusing on the research, design, production, and sales of compressors and vacuum pumps[39]. - The company's main product line includes screw compressors, vacuum pumps, centrifugal compressors, and piston compressors, widely used across various industries such as automotive, semiconductor, and renewable energy[40]. - The company has been focusing on energy-efficient compressor technology, with 17 models recognized as industry leaders in energy efficiency[33]. - The company is expanding its product offerings in the air compressor market, focusing on energy efficiency and environmental sustainability[46]. - The company has completed the development of several new products, including a magnetic levitation centrifugal air compressor and a nitrogen generator, aimed at expanding its product portfolio[89]. Research and Development - The company focuses on R&D driven by market demand, collaborating with domestic and international technical institutions for new product development[60]. - The company has established a strong brand presence with the "JAGUAR" trademark registered in 1994, recognized as a well-known brand in the industry[66]. - The company holds 2 invention patents, 109 utility model patents, and 16 design patents, showcasing its commitment to innovation and technology development[69]. - The company is actively engaged in research and development of new products and technologies, although specific details were not shared[140]. - The company aims to increase investment in R&D and innovation to enhance the competitiveness of its core business, focusing on high-end products for new energy and semiconductor industries[121]. Governance and Management - The company has appointed several independent directors to strengthen governance and oversight, including Lin Jianzhong and Liu Zhiyun[162]. - The company has a diverse board with members from various professional backgrounds, enhancing its strategic decision-making capabilities[163]. - The company adheres to strict information disclosure practices, ensuring transparency for all shareholders[147]. - The management team is independent, with no interference from controlling shareholders in personnel decisions, ensuring a clear separation of duties[150]. - The company has established independent decision-making bodies, including a board of directors and supervisory board, with no overlap in management with controlling shareholders[151]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 10.06 million[167]. - The chairman, Han Yinghuan, received a pre-tax total remuneration of CNY 3.92 million[167]. - The company held six board meetings during the reporting period, with all directors present at each meeting[170]. Environmental Compliance - The company has implemented wastewater treatment stations and organic waste gas treatment facilities to ensure compliance with environmental protection laws and regulations[199]. - The company achieved a chemical oxygen demand (COD) level of less than 300 mg/L, meeting the required standards[199]. - The company’s nitrogen oxide emissions were below the detection limit, demonstrating effective pollution control measures[199]. - The company has established a self-monitoring plan for environmental compliance, ensuring ongoing adherence to regulations[200]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[196]. - The company has successfully completed environmental impact assessments for all construction projects during the reporting period[199]. Strategic Outlook - The company is exploring opportunities for international market expansion, although specific plans were not disclosed[139]. - The company is actively managing relationships with its top five suppliers, which account for a significant portion of total procurement[136]. - The company is expected to provide guidance on its operational outlook for 2024 in upcoming communications[138]. - The company plans to continue its dividend distribution this year, indicating a commitment to shareholder returns[139]. - The outlook for the company's operations in 2024 appears positive, although specific forecasts were not provided[139].
东亚机械(301028) - 2024 Q4 - 年度财报