DIGIWIN(SZ:300378)2025-04-25 14:45Financial Performance - The company's operating revenue for 2024 reached ¥2,330,672,885.70, representing a 4.62% increase compared to ¥2,227,739,993.94 in 2023[26]. - Net profit attributable to shareholders for 2024 was ¥155,644,375.93, a 3.59% increase from ¥150,255,339.32 in 2023[26]. - The net profit after deducting non-recurring gains and losses was ¥137,713,998.31, which is a 13.18% increase from ¥121,676,920.59 in 2023[26]. - The total assets at the end of 2024 amounted to ¥3,395,318,023.29, reflecting a 3.88% increase from ¥3,268,458,398.25 at the end of 2023[26]. - The basic earnings per share for 2024 was ¥0.58, up 3.57% from ¥0.56 in 2023[26]. - The cash flow from operating activities showed a significant decline, with a net amount of ¥49,925,997.81, down 53.85% from ¥108,183,111.61 in 2023[26]. - The company received government subsidies amounting to ¥15,184,219.05 in 2024, compared to ¥24,658,646.91 in 2023[32]. - The weighted average return on equity decreased to 7.34% in 2024 from 7.66% in 2023[26]. - The gross profit margin for the software service industry was 58.25%, a decrease of 3.66% compared to the previous year[103]. Business Strategy and Operations - The company is focusing on expanding its customer base beyond the manufacturing and distribution sectors to mitigate risks associated with macroeconomic fluctuations[13]. - The company emphasizes the importance of AI and IoT technologies in its new industrial internet platform, aiming to enhance automation and intelligent processes[19]. - The company aims to leverage cloud computing and internet technologies to optimize resource utilization among enterprises[19]. - The company is focusing on digital transformation, aligning with national guidelines to enhance operational efficiency and decision-making through data utilization[36]. - The company is positioned as a leading provider of data and intelligent solutions, focusing on digital transformation across four major categories: R&D design, digital management, production control, and AIoT[44]. - The company is actively expanding its software localization efforts, adapting its products to meet domestic operating system and database requirements[49]. - The company is focusing on industry-specific solutions to address unique challenges in sectors such as semiconductor, automotive, and high-tech electronics[51]. - The company focuses on AIoT business, providing IoT data collection, industrial equipment digital upgrades, and automation planning for manufacturing enterprises[52]. - The company aims to enhance its digital transformation capabilities through the development of the Dingjie Athena platform, integrating various AI models[86]. Research and Development - The company has a research and development team of 1,743 people, representing 34.08% of its total workforce, with R&D investment reaching 333.2 million yuan in 2024, a compound annual growth rate of 15.13% over the past five years[71]. - The company has developed a next-generation Product Lifecycle Management (PLM) platform that integrates AI technology, enhancing product innovation and lifecycle management capabilities[48]. - The company has established a comprehensive R&D system to ensure reliable measurement of development phase expenditures, supporting the capitalization of R&D projects[128]. - The company’s R&D spending capitalization rate increased significantly to 50.00%, reflecting deeper project development and resource investment[123]. - The company capitalized R&D expenses of approximately ¥132.86 million for the new industrial internet platform project, which started in October 2022 and is expected to conclude by September 2026[125]. Market and Industry Trends - The digital economy strategy is expected to drive growth, with policies promoting the integration of digital technology and the real economy[35]. - The PaaS market in China is expected to grow rapidly, with a projected market size of 145.78 billion yuan by 2026[40]. - The global AI Agent market is forecasted to grow from 5.29 billion USD in 2024 to 216.8 billion USD by 2035, with a compound annual growth rate of 40.15% during the forecast period[43]. - In 2024, China's total foreign direct investment is projected to reach 1,159.27 billion yuan, reflecting a year-on-year growth of 11.3%[38]. Governance and Compliance - The company maintains a decentralized shareholding structure with no controlling shareholder, ensuring independent decision-making and operations[165]. - The company has established various committees within the board to enhance governance and decision-making processes[166]. - The board of directors and independent directors strictly adhere to regulations and actively participate in training to enhance governance and operational standards[168]. - The company has established independent financial departments and systems, ensuring autonomous financial decision-making and compliance with accounting standards[172]. - The company has a strong focus on compliance and information disclosure in its capital operations, overseen by the Secretary of the Board[186]. Employee and Management Structure - The total number of employees at the end of the reporting period was 5,114, with 1,491 in the parent company and 3,623 in major subsidiaries[197]. - The salary expenses for employees amounted to 1.364 billion yuan, accounting for 65.35% of the total operating costs[200]. - The company has established a compensation policy that emphasizes fairness, competitiveness, and incentives to enhance operational efficiency[199]. - The company has a structured salary system that combines position levels with salary bands to provide growth opportunities for employees[200]. - The company has set up a remuneration and assessment committee to evaluate the performance of directors and senior management[199]. Strategic Partnerships and Investments - The company has a strong focus on digital transformation and strategic capital operations, successfully attracting strategic investors like Foxconn[179]. - Strategic partnerships and investments totaled nearly 50 million CNY, aimed at enhancing ecosystem collaboration[94]. - The company is focused on expanding its overseas strategic layout to accelerate growth[154]. - The company plans to increase investment in overseas markets, particularly in Southeast Asia, to accelerate growth and enhance local services[155]. Shareholder Engagement - The company held several shareholder meetings, with attendance rates of 27.53% for the first temporary meeting, 28.64% for the annual meeting, and 29.55% for the second temporary meeting in 2024[173]. - The total shareholding of the current board members increased from 2,296,000 to 2,683,000 shares, reflecting a net increase of 387,000 shares[176]. - The company’s remuneration for directors, supervisors, and senior management is determined based on performance and approved by the board and shareholders[187].