Laimu Electronics(603633)2025-04-28 11:25Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.27 per 10 shares, totaling RMB 11,422,898.15, which accounts for 15.54% of the net profit attributable to shareholders for the year 2024[6]. - The total cash dividend for 2024, including share repurchases, amounts to RMB 41,428,170.55, representing 56.37% of the net profit attributable to shareholders[6]. - The company has repurchased 3,740,516 shares at a cost of RMB 30,005,272.40, which is considered as part of the cash dividend distribution[6]. Financial Performance - The company's operating revenue for 2024 reached ¥1,465,609,319.83, representing a 34.46% increase compared to ¥1,089,999,899.85 in 2023[25]. - The net profit attributable to shareholders of the listed company was ¥73,495,583.60, a slight increase of 2.08% from ¥71,994,787.98 in the previous year[25]. - The net cash flow from operating activities decreased by 42.71% to ¥71,977,949.92 from ¥125,628,209.55 in 2023[25]. - Total assets increased by 8.80% to ¥3,665,952,900.40 at the end of 2024, compared to ¥3,369,572,203.99 at the end of 2023[25]. - The basic earnings per share remained stable at ¥0.17, unchanged from 2023[26]. - The weighted average return on equity decreased slightly to 3.79% from 3.82% in the previous year[26]. Revenue Breakdown - Revenue from automotive products reached 105,030.80 million yuan, up 48.04%, accounting for 71.66% of total revenue[35]. - The total net profit after deducting non-recurring items was ¥72,774,667.48, a decrease of 3.95% from ¥75,771,171.26 in 2023[25]. - The company achieved operating revenue of 146,560.93 million yuan, a year-on-year increase of 34.46%[35]. - The gross margin for automotive products decreased by 6.28% to 25.99%[55]. Research and Development - R&D investment for 2024 was 8,484.33 million yuan, a 28.98% increase, representing 5.79% of operating revenue[37]. - The company holds 156 patents, including 23 invention patents and 131 utility model patents[37]. - Research and development expenses totaled approximately 84.84 million, representing 5.79% of total revenue, with no capitalized R&D expenditures[64]. Market Position and Strategy - The company is focusing on expanding its market presence in automotive and new energy connector markets, particularly in robotics and optical modules[34]. - The company has established supply relationships with major automotive brands including BYD, Tesla, and BMW[38]. - The company aims to enhance its competitive advantage by focusing on R&D and market orientation, particularly in electronic components for automotive and mobile devices[91]. Operational Challenges - The company faces market risks due to potential fluctuations in demand for automotive and mobile products, which could impact performance[95]. - There is a risk of intensified competition in the precision electronic components market, necessitating continuous improvement in competitiveness[96]. - The company recognizes the challenges of expanding its product lines and customer base, which may affect profitability if not managed effectively[96]. Corporate Governance - The company held two annual shareholder meetings in 2024, ensuring compliance with legal regulations and company bylaws[105]. - The board of directors convened five meetings in 2024, adhering to legal and regulatory requirements[106]. - The independent directors actively participated in decision-making and provided suggestions on risk management and internal controls[108]. Environmental Responsibility - The company invested 69.15 million yuan in environmental protection during the reporting period[153]. - The company reduced carbon emissions by 376.45 tons through measures such as using clean energy and carbon reduction technologies[155]. - The company has established necessary control policies and procedures for its main operating activities, ensuring clear communication and monitoring of financial and operational performance[149]. Financial Management - The company has a robust core technology team and has taken measures to protect its intellectual property, but risks of talent loss and technology leakage remain[97]. - The company has a dedicated risk management department to identify and respond to various risks, including operational, environmental, and financial risks[147]. - The company has committed to ensuring that its compensation measures are effectively implemented in accordance with regulatory requirements[171]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 31,785, an increase from 26,840 at the end of the previous month[199]. - The largest shareholder, Fang Peijiao, holds 73,279,729 shares, representing 17.17% of the total shares, with 45,063,710 shares pledged[200]. - The company has a repurchase account holding 3,740,516 shares, which will be used for employee stock incentive plans or similar purposes in the future[200].