Financial Performance - The company reported a total revenue of 1.2 billion RMB for the fiscal year, representing a year-on-year increase of 15%[18]. - The net profit attributable to shareholders was 300 million RMB, reflecting a growth of 20% compared to the previous year[18]. - The company's operating revenue for 2024 reached ¥471,344,095.90, representing a 19.68% increase compared to ¥393,828,186.33 in 2023[23]. - Net profit attributable to shareholders for 2024 was ¥48,222,435.01, a 40.15% increase from ¥34,406,668.30 in 2023[23]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥47,830,118.75, up 48.89% from ¥32,123,978.43 in 2023[23]. - The company achieved a total revenue of CNY 471.34 million in 2024, representing a year-on-year growth of 19.68%[55]. - The net profit attributable to shareholders was CNY 48.22 million, an increase of 40.15% compared to the previous year[55]. - The sales volume of the main product, nano silica, reached 80,228.58 tons, up 26.44% year-on-year[55]. - The gross margin improved to 35%, up from 32% in the previous year, due to cost optimization strategies[18]. Dividend Distribution - The company plans to distribute a cash dividend of 4 RMB per 10 shares to all shareholders, with no bonus shares issued[6]. - The company plans to distribute a cash dividend of RMB 4.00 per 10 shares, amounting to RMB 25,047,058.00 (including tax) for the upcoming distribution[158]. - The cash dividend represents at least 20% of the distributable profit, which is RMB 207,822,971.30[158]. - The company has adhered to its established profit distribution policy and completed the distribution process within two months after shareholder approval[155]. - The board of directors approved the 2023 annual profit distribution plan on April 18, 2024, which was subsequently ratified by the shareholders on May 20, 2024[152]. Research and Development - Research and development expenses increased by 10% to 150 million RMB, focusing on new product innovations[18]. - The company has established a complete R&D organization system, involving multiple departments for new product and technology development[44]. - The company has a strong focus on R&D and has built collaborative relationships with institutions like the Chinese Academy of Sciences and Tsinghua University[51]. - The company plans to increase investment in research and development, focusing on new application areas such as toothpaste, PE battery separators, coatings, defoamers, and insulation materials, with ongoing sales in these sectors[96]. - The company is currently renovating its Xiamen R&D center, which will collaborate with the Shaowu R&D center to support technological innovation and product development[97]. Market Expansion and Strategy - The company aims to expand its market presence by entering two new regions in the next fiscal year[6]. - The company is exploring partnerships with technology firms to enhance its product offerings and technological capabilities[6]. - The company is actively expanding its market presence in insulation materials, PE battery separators, and other applications through proactive marketing strategies[46]. - The company is focused on integrating industry resources to build a circular economy park for silicon-based new materials[93]. - The company plans to enhance its overall core competitiveness by improving marketing and after-sales service networks[94]. Governance and Management - The company has established an independent financial department and accounting system, allowing for independent financial decision-making[116]. - The company has a dedicated human resources department, ensuring independence in personnel management and compliance with labor laws[115]. - The company is enhancing its governance structure to comply with relevant laws and regulations, improving operational transparency[112]. - The company has appointed independent directors with extensive experience in finance and consulting, enhancing governance and oversight[126]. - The company has a diverse board with members from various professional backgrounds, including finance, law, and academia, which supports strategic decision-making[127]. Environmental Responsibility - The company has complied with various environmental protection laws and standards during its operations[175]. - The company invested approximately 2.5428 million yuan in environmental governance and protection during the reporting period[181]. - The company has established an environmental protection department to ensure compliance with pollution discharge standards and is committed to low-carbon and circular economy development[187]. - The company has implemented various measures to optimize production processes and reduce energy consumption, contributing to sustainable development[182]. - The company has established a distributed photovoltaic power generation project with an average annual power generation capacity of approximately 3.2 million kWh to reduce carbon emissions[182]. Employee Management - The total number of employees at the end of the reporting period is 368, with 241 in production, 10 in sales, 42 in technology, 9 in finance, and 66 in administration[148]. - The company has established a competitive compensation system linked to individual, departmental, and overall company performance to motivate employees[149]. - The employee training program includes management training for mid-level and above, and hands-on guidance for frontline workers to enhance operational skills[150]. - The company has implemented a talent development and promotion mechanism to enhance the overall quality of its workforce[151]. - The company has no outsourced labor arrangements in place, indicating a focus on internal workforce management[152]. Shareholder Relations - The company will ensure timely and accurate information disclosure regarding any share reduction plans[194]. - The company will publicly disclose reasons for any failure to fulfill commitments made in the prospectus during shareholder meetings[194]. - The company has committed to strictly adhere to the profit distribution policy and the three-year shareholder dividend return plan approved by the board and shareholders' meeting[196]. - The company will take necessary measures to ensure compliance with laws and regulations regarding profit distribution, safeguarding investor rights[196]. - The company aims to maintain transparency and accountability in its operations to protect investor interests[196].
远翔新材(301300) - 2024 Q4 - 年度财报