BLT(688333)2025-06-10 16:35Financial Performance - The company achieved a net profit attributable to shareholders of RMB 104,435,058.04 for the year ending December 31, 2024[5]. - The company's operating revenue for 2023 reached CNY 1,325,570,668.71, representing a year-on-year increase of 15.02%[21]. - The net profit attributable to shareholders for 2023 was CNY 141,593,578.57, compared to CNY 79,498,800.11 in the previous year[21]. - The company's net profit attributable to shareholders was CNY 104.44 million, a decrease of 5.26% compared to the same period last year[25]. - The total net profit after deducting non-recurring gains and losses for 2024 was CNY 0.1314 per share, a decrease of 71.71% from CNY 0.4646 in 2023[24]. - The basic earnings per share for 2024 decreased to CNY 0.3848, down 44.19% from CNY 0.6895 in 2023[24]. - The company's operating revenue of CNY 1,325.57 million in 2024, an increase of 15.02% year-on-year[34]. - The gross profit margin in the aerospace sector decreased by 11.06 percentage points to 39.97%[128]. Dividends and Share Capital - The proposed cash dividend is RMB 1.12 per 10 shares, totaling RMB 30,181,344.14 (including tax) for the participating shares[5]. - The cash dividend represents 28.90% of the net profit attributable to shareholders in the consolidated financial statements for the year[6]. - The total share capital as of the announcement date is 271,768,196 shares, with 2,291,909 shares in the repurchase account excluded from the distribution[5]. - The company does not plan to issue bonus shares or convert capital reserves into share capital for the 2024 fiscal year[6]. Audit and Compliance - The company has received a standard unqualified audit report from the accounting firm Xin Yong Zhong He[5]. - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[3]. - There are no non-operational fund occupations by controlling shareholders or related parties reported[8]. - The company has not violated decision-making procedures for external guarantees[8]. Research and Development - The company's R&D expenditure accounted for 15.94% of operating revenue, slightly increasing from 15.92% in the previous year[24]. - The company maintained a high level of R&D investment, totaling CNY 211.30 million in 2024, reflecting a 15.17% increase from the previous year[34]. - Research and development expenses accounted for 15.94% of the company's revenue, showing a slight increase of 0.02 percentage points from the previous year[93]. - The company achieved a total R&D investment of ¥211,296,259.19 in the current year, representing a 15.17% increase compared to ¥183,471,469.39 in the previous year[92]. Market and Industry Position - The company specializes in industrial-grade metal additive manufacturing (3D printing) and provides a complete set of solutions, including R&D and production of metal 3D printing equipment, customized product manufacturing, and material development[35]. - The company has established partnerships with over 3,100 entities and has become a leading player in the domestic and international metal additive manufacturing industry, covering the entire supply chain from powder materials to customized products and technical services[57]. - The company holds a significant market share in the domestic aerospace metal additive manufacturing parts market, having developed a close collaboration with Airbus for the A350 aircraft's large precision parts[58]. - The company is focusing on expanding its market presence in aerospace, automotive, and medical sectors through innovative product development and strategic partnerships[98]. Technological Advancements - The company has developed various metal 3D printing equipment, including selective laser melting, laser stereolithography, and arc additive manufacturing technologies[36][39][40]. - The selective laser melting equipment utilizes PBF-LB/M technology, allowing for precise manufacturing of small to medium-sized complex components[37][38]. - The company has developed high-quality spherical titanium alloy powders and high-temperature alloy powders, achieving industry-leading levels in powder sphericity, hollow powder rate, impurity content, and special element content[62]. - The company has achieved breakthroughs in the manufacturing of large, thin-walled, complex titanium alloy components for aerospace applications, improving cost efficiency and quality control[76]. Employee and Management - The total number of employees in the company and its main subsidiaries is 2,738, with 1,727 in production, 247 in sales, 646 in technology, 16 in finance, and 102 in administration[199]. - The company has a total of 453 employees with a postgraduate degree, 749 with a bachelor's degree, and 1,536 with a college degree or below[199]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 794.22 million RMB[185]. - The total remuneration for core technical personnel at the end of the reporting period was 201.37 million RMB[186]. Strategic Initiatives - The company is focusing on innovation and R&D to enhance its core competitiveness in the 3D printing industry[163]. - The company plans to enhance its production efficiency and product quality through equipment updates and technological advancements[161]. - The company aims to establish an intelligent and lean long-term mechanism by integrating automation technology and intelligent control systems to improve production efficiency and reduce costs[166]. - The company is committed to increasing production scale and enhancing the batch production capacity of customized metal 3D printing products and equipment to meet growing application demands[169]. Regulatory and Governance - The company has been actively engaging in discussions to ensure compliance with relevant laws and regulations following the regulatory measures[187]. - The company has been transparent in disclosing the remuneration details in accordance with its articles of association and regulatory requirements[185]. - The company approved the 2023 annual financial settlement report during the board meeting[189]. - The company plans to increase the use of temporarily idle raised funds for cash management[189].