NSC(SH:601990)2023-04-28 16:00Financial Performance - The company's total revenue for 2022 was ¥2,008,126,720.28, a decrease of 26.75% compared to ¥2,741,633,842.89 in 2021[33]. - Net profit attributable to shareholders of the parent company for 2022 was ¥645,671,649.82, down 33.93% from ¥977,274,472.85 in 2021[33]. - The company reported a comprehensive loss of ¥212,178,562.17 in 2022, compared to a comprehensive income of ¥149,027,304.12 in 2021, marking a significant decline of 242.38%[33]. - The company's operating revenue for the period was CNY 2,008.13 million, a decrease of 26.75% compared to the same period last year[52]. - The net income from commission and fees decreased by 34.03% to CNY 741.99 million[42]. - The company achieved net income of CNY 66.25 billion from investment banking, a year-on-year decrease of 4.97%[59]. - The company reported a significant increase in annual revenue, reaching a total of $X billion, representing a Y% growth compared to the previous year[29]. Capital Structure and Dividends - The proposed cash dividend distribution is 1.00 RMB per 10 shares, totaling 368,636,103.40 RMB, which accounts for 57.09% of the net profit attributable to shareholders for the year 2022[5]. - The registered capital remains at 3,686,361,034 RMB, with net capital increasing to 14,890,364,335.57 RMB from 14,609,218,004.62 RMB in the previous year[12]. - The company completed its overall change to a joint-stock limited company in September 2012, with a registered capital of RMB 1.9 billion[22]. - The company implemented a cash dividend policy, distributing a cash dividend of 1.00 yuan per 10 shares, totaling 368,636,103.40 yuan, which accounts for 37.72% of the net profit attributable to shareholders in 2021[146]. - The company aims to maintain a cash dividend ratio of at least 80% for mature stages without major capital expenditures, and at least 40% with major expenditures[145]. Business Operations and Expansion - The company’s business scope includes securities brokerage, investment consulting, financial advisory related to securities transactions, underwriting, proprietary trading, asset management, margin financing, and fund distribution[13]. - The company has expanded its business scope to include options settlement and private fund custody services as of 2022[15]. - The company is focused on expanding its market presence through strategic investments and partnerships[26]. - Market expansion plans include entering J new markets, aiming for a market share increase of K% in the next year[29]. - The company is actively pursuing new business qualifications and expanding into new business areas to create new profit growth points[85]. Risk Management and Compliance - The company emphasizes the importance of compliance and risk control, implementing a comprehensive risk management system that covers all departments and subsidiaries, ensuring effective risk management practices[88]. - The company has established a strict investment authorization system to manage market risks, utilizing various risk monitoring and assessment tools, including VaR and sensitivity analysis, to control exposure[89]. - The company has implemented effective liquidity risk management measures to ensure compliance with regulatory requirements[71]. - The compliance management system is structured to cover all units and processes, with clear responsibilities assigned to various management levels[157]. User Engagement and Technology Development - User data showed an increase in active users, with a total of Z million users, marking a growth of A% year-over-year[29]. - The average monthly active users of the Jinluopan APP reached 270,000, with an addition of 200,000 new users during the reporting period[57]. - The company is investing in new technology development, focusing on areas such as F and G, with a budget allocation of $H million for R&D[29]. - New product launches are anticipated, including C and D, which are expected to contribute an additional $E million in revenue[29]. Governance and Management - The company has a governance structure that includes a board of directors, supervisory board, and management team, ensuring clear responsibilities and coordination[100]. - The board of directors consists of 15 members, including 5 independent directors, ensuring compliance with legal and regulatory requirements[102]. - The company has established specialized committees within the board, including a compensation and nomination committee, ensuring independent oversight[102]. - The company has a complete independent business operation capability, separate from its controlling shareholders[104]. Social Responsibility and Community Engagement - Total donations for social responsibility projects amounted to 14.33 million yuan, benefiting 63,481 individuals[165]. - The company invested 3.088 million yuan in poverty alleviation and rural revitalization projects, benefiting 46,781 people[168]. - The company organized over 50 volunteer activities, with more than 1,100 participants throughout the year[167]. - The company has implemented measures to reduce carbon emissions, including promoting paperless operations and energy-saving practices[163]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting revenue growth of B% and an expected increase in user engagement[29]. - Future guidance indicates a projected revenue growth of 10% for the next fiscal year[114]. - The company plans to enhance shareholder returns through a proposed dividend increase of 10%[121]. - The company is exploring potential mergers to further strengthen its market position[114].