DPC(SH:600405)2023-04-17 16:00Financial Performance - The company reported a consolidated net profit of -14,098,124.96 yuan for 2022, with a net profit attributable to the parent company of -16,153,810.53 yuan[3]. - The parent company’s net profit was -102,135,518.05 yuan, resulting in a year-end undistributed profit of -491,430,451.28 yuan[3]. - Due to negative undistributed profits, the company will not distribute cash dividends or issue bonus shares for the 2022 fiscal year[3]. - The company's operating revenue for 2022 was CNY 1,356,172,251.55, representing a 30.16% increase from CNY 1,041,933,316.17 in 2021[19]. - The net profit attributable to shareholders of the listed company was CNY -16,153,810.53, an improvement from CNY -142,384,471.44 in the previous year, indicating a significant reduction in losses[19]. - The net cash flow from operating activities reached CNY 121,905,881.14, a substantial increase of 796.25% compared to CNY 13,601,737.64 in 2021[19]. - The company's total assets as of the end of 2022 were CNY 2,596,987,421.55, a 1.60% increase from CNY 2,555,972,670.81 at the end of 2021[20]. - The basic earnings per share for 2022 was CNY -0.03, an improvement from CNY -0.26 in 2021[21]. - The company reported a 90.43% reduction in net losses, decreasing from CNY -14,731.10 million in 2021 to CNY -1,409.81 million in 2022[28]. Operational Developments - The company’s 2023 operational plan is subject to various uncertainties, including macroeconomic conditions and market situations[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[5]. - There are no violations of decision-making procedures regarding external guarantees reported[5]. - The company has received a standard unqualified audit report from Lixin Accounting Firm[4]. - The company is actively pursuing new products, markets, and customers while maintaining steady progress in existing industries[28]. - The company improved its supply chain capabilities, ensuring overall production efficiency and timely order delivery despite challenges in raw material supply[30]. - The company has established subsidiaries in Malaysia and Mexico to enhance its overseas marketing network and better serve regional markets[35]. - The company has expanded its hydrogen fuel cell product line, providing power isolation DC/DC converters for urban rail transit applications, marking a first in the industry[36]. - The company has successfully completed the deployment of high-voltage direct current products in major data centers, increasing market share in the data center industry[33]. Product Innovations - The company launched new products including the 75A modular power supply and 6KW 5G smart microstation power supply, enhancing product competitiveness and customer satisfaction[31]. - The company achieved significant growth in international business sales, expanding its product offerings to include power systems, smart lithium batteries, and hybrid systems[35]. - The company has developed a power supply product platform covering all topological structures and power ranges, enhancing energy utilization efficiency[66]. - The company has established a comprehensive electric vehicle charging and swapping product system, delivering projects such as the 120KW DC charging pile for State Grid and securing multiple orders in regions like Xiong'an and Sichuan, contributing to a solid market foundation[40]. - The company has successfully developed and mass-produced new charging cabinets and core components for electric bicycles, including a 3.0 smart swapping cabinet that meets diverse customer needs[40]. Market Expansion and Strategy - The company aims to leverage the growing 5G market, with a projected global market size of USD 145 billion in 2023, expanding to USD 370 billion by 2026, reflecting a CAGR of 11%[117]. - The company plans to enhance its global marketing capabilities, focusing on Europe, Africa, and Latin America to support sustainable overseas business development[118]. - The company is strategically expanding into the green travel sector, with a target for new energy vehicles to account for 20% of total vehicle sales by 2025[121]. - The company aims to enhance its product development process and improve verification capabilities to boost product competitiveness in the growing new energy vehicle market[126]. - The company plans to continue enhancing its global marketing and service network to increase its global influence[71]. Governance and Compliance - The company strictly adheres to the regulations of the Company Law, Securities Law, and the Corporate Governance Guidelines, ensuring the protection of shareholder interests and maintaining a robust governance structure[176]. - The company held its first extraordinary general meeting on February 7, 2022, where it approved two key resolutions regarding collateral and guarantees for subsidiaries[182]. - The annual general meeting on May 20, 2022, approved the 2021 annual report and various other reports, reflecting a commitment to transparency and accountability[183]. - The company has established a comprehensive internal control system to ensure effective decision-making and oversight by the board and its committees[176]. - The company is committed to maintaining independence in its operations, with no reported conflicts of interest involving major shareholders or actual controllers[179]. Research and Development - The company has a strong research and development capability, focusing on product innovation and technology iteration to meet customer satisfaction[65]. - The company is investing in research and development for new technologies, with an allocated budget of CNY 100 million for the upcoming year[196]. - The company plans to optimize its R&D resources to enhance product competitiveness, focusing on safety design and reliability to ensure high-quality power supply products[159]. - The company is committed to increasing its research and development investment to maintain its core competitiveness amid rapid technological changes in the power electronics industry[167]. - The company has completed various reliability tests and certifications for its products, ensuring safety and durability, which supports its competitive edge in the market[49].