HIRON COLD CHAIN(SH:603187)2023-04-26 16:00Financial Performance - The company's operating revenue for 2022 was CNY 2.90 billion, an increase of 9.12% compared to CNY 2.66 billion in 2021[28]. - The net profit attributable to shareholders for 2022 was CNY 292.21 million, representing a year-on-year growth of 29.78%[30]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 278.93 million, up 32.22% from the previous year[30]. - The net cash flow from operating activities for 2022 was CNY 132.78 million, a significant increase of 138.56% compared to CNY 55.66 million in 2021[30]. - The net assets attributable to shareholders at the end of 2022 reached CNY 3.65 billion, a growth of 54.04% from CNY 2.37 billion at the end of 2021[30]. - Total assets as of the end of 2022 were CNY 5.12 billion, reflecting a year-on-year increase of 37.73%[30]. - Basic earnings per share for 2022 were CNY 1.15, an increase of 19.79% from CNY 0.96 in 2021[29]. - The diluted earnings per share for 2022 were also CNY 1.15, up 21.05% from CNY 0.95 in 2021[29]. - The weighted average return on equity for 2022 was 10.02%, a decrease of 0.39 percentage points from 10.41% in 2021[29]. Dividend and Capital Management - The company plans to distribute a cash dividend of RMB 3.50 per 10 shares (including tax) and to increase capital reserves by converting 4 shares for every 10 shares held[7]. - The total cash dividend amount for 2022 is RMB 96,618,709.60, which represents 33.06% of the net profit attributable to ordinary shareholders in the consolidated financial statements[135]. - The company plans to increase its total share capital by 110,421,382 shares through a capital reserve conversion, resulting in a total share capital of 386,474,838 shares post-implementation[136]. - The company has established a comprehensive decision-making process for its cash dividend policy, ensuring clarity and transparency in its distribution standards[133]. Governance and Compliance - The audit report issued by the accounting firm was a standard unqualified opinion, ensuring the accuracy and completeness of the financial statements[6]. - The board of directors has confirmed that all members attended the board meeting, ensuring proper governance[5]. - The company has established a clear asset ownership structure, ensuring that all production-related assets are independently owned or used[106]. - The company has a complete and independent corporate governance structure, including a board of directors and supervisory board, to ensure decision-making is not influenced by the controlling shareholder[107]. - The company has established independent financial, personnel, and operational systems to ensure its independence from the controlling shareholder, with no instances of asset occupation or improper guarantees[105]. - The company has maintained a stable relationship with major clients while expanding its customer base to mitigate risks associated with customer concentration[94]. Risk Management - The company reported no significant risks that could materially affect its operations during the reporting period[8]. - The company has outlined various risks and countermeasures in its management discussion and analysis section[8]. - The company faces risks from raw material price fluctuations, particularly for steel and is implementing strategies to stabilize procurement costs[93]. - The company is exposed to seasonal demand fluctuations, with peak sales typically occurring in the first half and year-end, and is working to balance production capacity accordingly[94]. - The company has passed the high-tech enterprise re-evaluation, allowing it to enjoy a 15% corporate income tax rate for three years, which is crucial for maintaining profitability[96]. Market Position and Strategy - The company maintains a strong market position in commercial refrigeration, with increasing brand influence and market share in various segments[45]. - The company is expanding its global market presence, with export operations covering dozens of countries across six continents[87]. - The company aims to enhance its market share in commercial refrigeration display cabinets and supermarket display cabinets while consolidating its leading position in commercial frozen display cabinets[87]. - The company continues to focus on technological innovation and product differentiation as key strategies for growth[46]. - The company is committed to developing a smart cold chain ecosystem by integrating IoT and big data platforms into its product offerings[88]. Research and Development - Research and development expenses increased by 24.36% to 106.5 million RMB, indicating a commitment to innovation[53]. - The company has 173 R&D personnel, representing 9.77% of the total workforce[66]. - The company plans to increase R&D investment to address market demand changes and enhance product development capabilities[92]. Environmental and Social Responsibility - The company invested 2.17 million CNY in environmental protection measures during the reporting period[147]. - The company reduced carbon emissions by 85 tons through the use of clean energy and the development of new products aimed at carbon reduction[150]. - The company invested a total of 9.75 million yuan in social responsibility projects, including 3 million yuan for scholarships at Shandong University of Science and Technology and 6.75 million yuan in material donations[152]. - The company contributed 38 million yuan to poverty alleviation and rural revitalization projects, benefiting 13,900 people[153]. Employee Management - The company has optimized the compensation management system for R&D personnel, enhancing their salary and benefits levels[129]. - The company emphasizes internal equity and market competitiveness in its compensation policy to motivate employee performance[129]. - The total number of employees in the parent company is 1,577, while the main subsidiaries have 193 employees, resulting in a total of 1,770 employees[128]. Internal Control - The internal control audit report issued by the accounting firm confirmed the effectiveness of the company's internal control system with a standard unqualified opinion[144]. - The company has established a comprehensive internal control system that adapts to changes in the external environment and ensures compliance and asset safety[141]. - The company has not reported any significant internal control deficiencies during the reporting period[142]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 9,849, a decrease from 17,522 at the end of the previous month[187]. - The total number of shares held by the top ten shareholders was 54,864,908, representing 19.87% of the total shares[189]. - The largest shareholder, Shao Wei, holds 19.87% of Qingdao Hairong Commercial Cold Chain Co., Ltd.[194].