TQCC(SZ:002523)2025-04-25 12:35Financial Performance - The company's operating revenue for 2024 reached ¥1,854,232,979.06, representing a 6.97% increase compared to ¥1,733,430,759.49 in 2023[21] - Net profit attributable to shareholders for 2024 was ¥52,753,992.14, a significant increase of 41.30% from ¥37,335,456.71 in 2023[21] - The net profit after deducting non-recurring gains and losses was ¥29,698,685.96, up 36.30% from ¥21,789,142.77 in the previous year[21] - The net cash flow from operating activities for 2024 was ¥337,936,775.60, reflecting a 7.52% increase from ¥314,292,436.48 in 2023[21] - Basic earnings per share for 2024 were ¥0.037, a 42.31% increase compared to ¥0.026 in 2023[21] - Total assets at the end of 2024 amounted to ¥4,694,759,462.62, a 3.39% increase from ¥4,540,976,930.39 at the end of 2023[21] - Net assets attributable to shareholders reached ¥2,400,174,119.80, marking a 2.87% increase from ¥2,333,234,548.74 in 2023[21] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.15 per 10 shares, based on a total of ¥1,416,640,800.00[5] - The total distributable profit for the period is 645,565,196.76 yuan, with the cash dividend accounting for 100% of the total profit distribution[141] - The total cash dividend distributed, including other methods, is 21,249,612 yuan[141] - The company has not proposed any stock bonus or other forms of cash distribution aside from the cash dividend[141] Operational Highlights - The company's total revenue for Q4 2023 reached ¥784,658,679.71, with a year-on-year increase of 16.02% in the heavy machinery industry exports[25] - The net profit attributable to shareholders for Q4 2023 was ¥35,135,006.59, showing a significant recovery from a loss of ¥7,959,960.78 in Q3 2023[25] - The operating cash flow for Q4 2023 was positive at ¥293,226,869.22, indicating improved cash generation capabilities[25] - The heavy machinery industry in China saw an export value exceeding $40 billion in 2024, marking a historical high[30] Research and Development - The company holds a total of 642 patents, including 159 invention patents, reflecting its strong focus on innovation and technology development[39] - The company has developed the first generation of heavy-duty handling robots, leading the industry in technology advancements[39] - The company’s research and development efforts have led to breakthroughs in key technologies, including intelligent crane robots and automated systems for harsh environments[43] - Research and development investment amounted to CNY 100,605,008.18, an increase of 3.70% compared to the previous year[60] Market and Competitive Position - The company has maintained a leading position in the aluminum electrolysis equipment manufacturing sector, with advanced technology in key performance indicators[32] - The company has established a strong market presence in overseas markets, including Europe, Southeast Asia, and the Middle East[36] - The company’s overseas business increased by 187% year-on-year, with significant projects completed in Oman, Russia, and Indonesia, contributing to the international market expansion[42] Financial Management and Governance - The company has established an independent financial accounting system and has its own bank account system, not sharing accounts with the controlling shareholder[102] - The company has a complete governance structure with independent operation of committees under the board of directors, including strategy, audit, and compensation committees[103] - The company maintains independence in assets, personnel, finance, organization, and business operations, ensuring compliance with relevant laws and regulations[98] - The company has a robust internal control system to ensure the legality and compliance of its operations, safeguarding shareholder rights[96] Environmental Responsibility - The company has invested over 9 million yuan in environmental protection measures, including upgrades to VOCs treatment for painting operations[156] - VOCs emissions have been reduced by 4.16 tons per year due to upgrades in the painting waste gas treatment systems[157] - The company has a comprehensive waste management strategy, with 100% of waste steel being recycled and over 200 tons of general solid waste disposed of by qualified units[153] - The company conducts third-party environmental monitoring quarterly for wastewater and semi-annually for air quality[154] Shareholder Structure and Changes - The total number of shares outstanding is 1,416,640,800, with 99.64% being unrestricted shares[193] - The number of shareholders increased from 72,654 to 76,710 during the reporting period[198] - The largest shareholder, Zhuzhou State-owned Assets Investment Holding Group Co., Ltd., holds 24.08% of the shares, totaling 341,071,926 shares[198] - The company has not experienced any changes in its controlling shareholder during the reporting period, maintaining stability in ownership[200]