ST金时(002951) - 2024 Q4 - 年度财报

Dividend Distribution - The company plans to distribute a cash dividend of 5.00 CNY per 10 shares to all shareholders, based on a total share capital of 405,000,000 shares, excluding 4,994,540 shares held in the repurchase account[3]. - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares, totaling RMB 200,002,730.00 for the 2024 fiscal year[162]. - The total cash dividend amount, including other methods, is RMB 418,523,753.95, which accounts for 100% of the distributable profit[160]. - The 2024 annual profit distribution plan is subject to approval by the shareholders' meeting, with adjustments to the total cash dividend based on any changes in share capital before implementation[158]. - The cash dividend policy aims for stable growth, with a minimum cash dividend proportion of 80% for mature companies without significant capital expenditure plans[155]. Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan for the fiscal year, representing a 25% year-over-year growth[15]. - The company's operating revenue for 2024 reached ¥375,819,929.77, representing a significant increase of 1,008.39% compared to ¥33,906,880.01 in 2023[19]. - The company reported a basic earnings per share of -¥0.01 for 2024, improving by 90.91% from -¥0.11 in 2023[19]. - The company’s total revenue for 2024 reached ¥375,819,929.77, representing a significant increase of 1,008.39% compared to ¥33,906,880.01 in 2023[55]. - The revenue from energy storage equipment amounted to ¥258,177,337.05, accounting for 68.70% of total revenue[55]. Market Expansion and Strategy - The company has provided a positive outlook for the next fiscal year, projecting a revenue growth of 30%[15]. - The company plans to expand its market presence by entering two new provinces in the upcoming year, targeting a 20% increase in market share[15]. - A strategic acquisition of a smaller tech firm is in progress, which is anticipated to add 100 million yuan in annual revenue[15]. - The company is actively expanding its market presence and has established a competitive position in the energy storage system market[33]. - The company has established a strategic layout focusing on the new energy application field, including energy storage equipment manufacturing and related products[18]. Research and Development - The company is investing in research and development, allocating 10% of its revenue towards innovative energy solutions[15]. - The company has established a strong R&D team and has been recognized as a national high-tech enterprise, holding 25 national patents, including 5 invention patents[53]. - The company is committed to research and development in supercapacitor hybrid energy storage systems, further enhancing its competitive edge in the market[35]. - The company has significantly increased its R&D personnel from 16 in 2023 to 119 in 2024, representing a growth of 643.75%[71]. - R&D investment has risen to ¥21,725,451.46 in 2024, a 95.25% increase from ¥11,127,045.19 in 2023[71]. Sustainability and Environmental Initiatives - The company is focusing on sustainability initiatives, with a goal to reduce carbon emissions by 25% over the next five years[15]. - The company has implemented measures to reduce carbon emissions, including upgrading energy-efficient equipment and promoting green office practices[177]. - The company has a valid pollutant discharge permit, with the latest renewal valid from January 14, 2025, to January 13, 2030[174]. - The company has conducted environmental monitoring and ensured compliance with national and regional emission standards[174]. - The company has established a dedicated environmental management institution and implemented measures to ensure compliance with ISO14001 standards for environmental management[186]. Corporate Governance - The company has established a sound corporate governance structure, ensuring independent oversight by the board and audit committee[166]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements[115]. - The company has established a market value management system to enhance company quality and protect investor rights[109]. - The company has published a total of 145 announcements during the reporting period, enhancing information disclosure and transparency[120]. - The company maintains independent operations in terms of assets, personnel, finance, and business, ensuring no interference from the controlling shareholder[121]. Financial Management and Risks - The company faces risks from policy changes affecting the energy storage industry, which could impact its operational performance[104]. - The company is exposed to intensified market competition as more players enter the energy storage sector, increasing competitive risks[104]. - The company will enhance accounts receivable management to mitigate risks associated with potential bad debts as business scales up[105]. - The company acknowledges the significant uncertainty regarding its ability to continue as a going concern due to the loss of major customers and the associated risks[196]. - The company has no instances of non-operating fund occupation by controlling shareholders or related parties during the reporting period[194]. Employee Management and Welfare - The total number of employees at the end of the reporting period is 325, with 94 in the parent company and 231 in major subsidiaries[148]. - The company provides comprehensive employee benefits, including basic pension, medical, work injury, unemployment insurance, and housing fund, adhering to labor laws[183]. - The company has implemented a performance management system that links assessment results to bonuses and promotions, enhancing employee motivation[184]. - The company has expanded its welfare benefits, including regular free health check-ups and holiday benefits, to provide more comprehensive support for employees[149]. - The company will continue to enhance its training system, providing multi-level and comprehensive training to support the development of its new energy business[151]. Shareholder Engagement - The company held 3 shareholder meetings during the reporting period, including 1 annual and 2 extraordinary meetings, all conducted in compliance with relevant regulations[113]. - The first extraordinary general meeting of 2024 had an investor participation rate of 82.76%[127]. - The annual general meeting for 2023 had an investor participation rate of 83.61%[127]. - The second extraordinary general meeting of 2024 had an investor participation rate of 85.19%[127]. - The controlling shareholder has committed to not reducing their shareholding below the initial public offering price during the two years following the lock-up period[190].