JDL(SH:688057)2025-04-28 08:50Financial Performance - The company plans to distribute cash dividends of RMB 2.50 per 10 shares, totaling approximately RMB 69 million for the year 2024[7]. - As of December 31, 2024, the company's net profit attributable to shareholders is projected to be RMB 136,839,847.84, with retained earnings of RMB 664,965,961.90[7]. - The company's operating revenue for 2024 was CNY 409,015,844.91, a decrease of 19.04% compared to CNY 505,219,273.10 in 2023[23]. - The net profit attributable to shareholders for 2024 was CNY 136,839,847.84, down 25.25% from CNY 183,057,194.45 in 2023[23]. - The net cash flow from operating activities decreased by 40.39% to CNY 181,657,229.80 in 2024, compared to CNY 304,728,801.14 in 2023[23]. - The basic earnings per share for 2024 was CNY 0.4958, a decline of 25.25% from CNY 0.6633 in 2023[24]. - The total assets at the end of 2024 were CNY 3,595,198,341.28, an increase of 2.58% from CNY 3,504,870,045.76 at the end of 2023[23]. - The company's net assets attributable to shareholders at the end of 2024 were CNY 3,151,628,644.48, a slight increase of 0.13% from CNY 3,147,453,386.34 at the end of 2023[23]. - The cash flow from operating activities in Q4 2024 significantly increased, with a total of CNY 109,798,871.89, attributed to better collection of receivables[28]. - The company reported a decrease in the weighted average return on net assets to 4.34% in 2024, down from 5.78% in 2023, a reduction of 1.44 percentage points[24]. Research and Development - The company has 17 ongoing research projects and has applied for 14 patents, with 18 patents granted during the reporting period[42]. - The FMBR technology was recognized as a national patent-intensive product, and it was included in the first batch of advanced applicable technologies by the Ministry of Industry and Information Technology[43]. - The proportion of R&D investment to operating revenue was 4.04% in 2024, a decrease of 1.32 percentage points compared to 5.36% in 2023[26]. - Total R&D investment decreased by 14.08% year-on-year, amounting to approximately ¥39.19 million, while the ratio of R&D investment to operating income increased by 0.55 percentage points to 9.58%[89]. - The company has developed an innovative FMBR sewage treatment process, integrating multiple key technologies to enhance biochemical degradation efficiency[99]. - The total project budget for ongoing research and development initiatives amounts to 10,439 million RMB, with a total investment of 3,919.05 million RMB already made[94]. Technology and Innovation - The company has developed the FMBR technology for organic wastewater treatment, significantly improving effluent quality and reducing sludge production[14]. - The JDL technology for industrial heavy metal wastewater treatment has been successfully implemented, enhancing treatment efficiency and producing high-purity metal sludge[14]. - The FMBR technology has been widely applied across 30 provinces and multiple countries, establishing a strong market presence and reputation[65]. - The integration of membrane separation technology with microbial technology has significantly reduced sludge production and improved effluent quality, addressing traditional activated sludge method shortcomings[71]. - The FMBR process incorporates advanced technologies for simultaneous removal of carbon, nitrogen, and phosphorus, significantly enhancing effluent quality[79]. - The company has developed a PLC intelligent control system for automated operation of the FMBR system, ensuring efficient integration of water, electricity, and gas[82]. Market and Business Strategy - The company is actively seeking overseas market cooperation and participated in a pilot project at the University of Massachusetts Amherst to enhance project opportunities[40]. - The company is currently working on a project to establish a low-carbon operation system for sewage treatment plants, focusing on carbon emissions throughout the entire lifecycle[92]. - The company aims to optimize wastewater treatment processes to lower investment costs, energy consumption, and land use while improving effluent quality and stability[77]. - The company will enhance its R&D investment to optimize the FMBR process and improve its adaptability under extreme conditions, aiming for better social, economic, and environmental benefits[152]. - The company continues to explore new markets and develop new customers to ensure stable business growth despite a rapidly changing customer base[106]. Governance and Compliance - The company has received a standard unqualified audit report from Zhongshen Zhonghuan Accounting Firm[6]. - The board of directors has confirmed the authenticity and completeness of the annual report[3]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company emphasizes the importance of internal control and governance to enhance operational efficiency and decision-making processes[156]. - The company’s governance structure includes a clear process for remuneration decision-making involving the board and the remuneration committee[170]. Environmental Commitment - The company promotes energy-saving and emission-reduction green products, advocating for a "low-carbon lifestyle"[198]. - The company aims to create positive social and environmental impacts, contributing to the construction of a beautiful China[198]. - The company invested 13.62 million yuan in environmental protection during the reporting period[199]. - The subsidiary, Hengfeng Jincen, is listed as a key pollutant discharge unit in the 2024 environmental supervision directory of Shangrao City[200]. - Hengfeng Jincen strictly adheres to national environmental protection laws, with all pollutants discharged within the required standards[200]. Shareholder and Executive Information - The total pre-tax remuneration for all listed executives amounted to 8.94 million CNY for the reporting period[165]. - The total number of shares held by the chairman, Tao Kun, remained unchanged at 284,249 shares, with a pre-tax remuneration of 1.57 million CNY for the reporting period[164]. - The total number of shares held by the general manager, Zhou Rongzhong, also remained unchanged at 173,749 shares, with a pre-tax remuneration of 884,000 CNY for the reporting period[164]. - The company has maintained a stable executive team with no significant changes in shareholding or remuneration for the reporting period[165]. - The company has not engaged in any related party transactions for executive remuneration during the reporting period[164].