MCC(SH:601618)2023-03-29 16:00Financial Performance - In 2022, the company achieved operating revenue of RMB 592.669 billion, an increase of 18.40% year-on-year[11]. - The total profit for the year was RMB 15.392 billion, reflecting a year-on-year growth of 9.85%[11]. - The net profit attributable to shareholders was RMB 10.272 billion, up 22.66% compared to the previous year[11]. - The company's operating revenue for 2022 was CNY 592.67 billion, an increase of CNY 92.10 billion (18.40%) compared to 2021[29]. - The net profit attributable to shareholders of the listed company was CNY 10.27 billion, up CNY 1.90 billion (22.66%) from 2021[29]. - The net profit after deducting non-recurring gains and losses was CNY 9.67 billion, an increase of CNY 2.64 billion (37.48%) year-on-year[29]. - The total assets as of December 31, 2022, were CNY 585.38 billion, an increase of CNY 41.91 billion (7.71%) from the end of 2021[31]. - The total comprehensive income attributable to shareholders reached CNY 11,661,690 in 2022, compared to CNY 8,582,033 in 2021, marking an increase of 36.5%[34]. - The company's basic earnings per share for 2022 was CNY 0.45, an increase of CNY 0.10 from 2021[30]. - The weighted average return on net assets was 10.47%, an increase of 1.42 percentage points from the previous year[30]. Contracting and Project Achievements - The new contract amount signed reached RMB 1,343.574 billion, representing an 11.50% increase year-on-year[11]. - The company secured a 21.67% year-on-year growth in new metallurgical contracts, achieving a "Grand Slam" in major metallurgical projects[11]. - The company was awarded 10 Luban Awards, marking the highest number in its history[11]. - The company achieved a new record in new contract signing with a total of 1,300.449 billion RMB, representing a year-on-year growth of 12.03%[55]. - The new contracts in the metallurgical engineering sector amounted to 191.995 billion RMB, with a year-on-year increase of 21.67%, accounting for 14.76% of total new contracts[55]. - The company signed overseas engineering contracts worth 41.405 billion RMB, reflecting a year-on-year growth of 19.23%[55]. - The total amount of new contracts signed during the reporting period was 1,299,600 million RMB, with 2,991 projects exceeding 50 million RMB each[154]. Innovation and Research & Development - A total of 12,020 new patents were applied for, with 8,963 patents granted, bringing the cumulative effective patents to 47,120[11]. - The company led three national key research and development projects and five topics under the national plan[11]. - The company invested RMB 19.306 billion in R&D, accounting for 3.26% of total revenue, with over 7,000 R&D personnel[97]. - The company completed 155 technology achievement evaluations, with 26 classified as internationally leading and 71 as internationally advanced[99]. - The company initiated 30 major R&D projects under the "181 Plan" and 20 significant non-steel R&D projects in 2022[98]. - The company holds over 47,000 effective patents, with a strong focus on ecological and environmental protection technologies, achieving a 60% market share in large-scale waste incineration design[94]. Market Position and Strategic Goals - The company aims to become a world-class enterprise with strong core competitiveness in metallurgical construction and operation services, focusing on creating value and enhancing market competitiveness[12]. - The company is recognized as the largest and strongest metallurgical construction contractor globally, ranking 6th in the ENR's "Top 250 Global Contractors" in 2022[16]. - The company aims to achieve its "One Creation, Two Bests, Five Strengths" goal while ensuring risk management and high-quality development[12]. - The company plans to continue its strategic initiatives in marketing, management improvement, and technological innovation to sustain growth in the future[41]. - The company aims to leverage opportunities in infrastructure investment, focusing on high-quality markets, clients, and projects to enhance competitiveness in sectors like highways and urban infrastructure[181]. Sustainability and Environmental Commitment - The company is committed to sustainable development and innovation, positioning itself as a leader in the new economy and emerging industries[17]. - The company is actively pursuing market expansion in clean energy, focusing on solar and wind energy projects to support national carbon neutrality goals[66]. - The company is committed to enhancing its environmental policies and practices, aligning with national regulations and standards[197]. - The company is focusing on energy efficiency improvements and reducing fossil fuel consumption, promoting the use of clean energy sources[197]. - The company is committed to improving resource output and cost control to address fluctuations in commodity prices that may impact operational costs[184]. Financial Management and Governance - The company aims to enhance management efficiency and risk control through reforms and improved governance structures, which are expected to positively impact operational performance[112]. - The company plans to optimize its financing structure and enhance capital efficiency to mitigate financial risks amid global economic pressures[183]. - The company has established a comprehensive security system to protect against data fraud and theft, ensuring the safety of sensitive information[187]. - The company is enhancing its network security measures to prevent potential cyber threats as it expands its international operations[188]. Workforce and Human Resources - The company has a workforce of 60,000 engineering professionals, including 1 academician of the Chinese Academy of Engineering and 13 national engineering design masters[18]. - The number of R&D personnel reached 7,465, representing 7.6% of the total workforce[129]. Safety and Compliance - The company conducted 73 safety inspections at headquarters and 5,199 inspections across subsidiaries throughout the year, emphasizing the importance of safety management[159]. - The company implemented a strict safety management system, including the establishment of a safety director system and the enforcement of safety regulations on construction sites[159]. - The company received national-level honors for 8 projects as "Construction Safety Standardization Sites" and 226 projects at the provincial level[158]. Real Estate and Construction Projects - The company is transitioning from a "real estate developer" to a "city operator," emphasizing the importance of meeting rigid and improvement demands while adhering to the "three red lines" policy[182]. - The company has ongoing projects in multiple locations, with a total land area of 2,688,000 square meters and a total floor area of 2,500,000 square meters[194]. - The company has successfully completed several key real estate projects, including the Shijiazhuang Zhongye Duxian Yufu project, enhancing living quality in the region[73].