StarPower(SH:603290)2023-04-10 16:00Dividend Distribution - The company plans to distribute a cash dividend of 14.3627 CNY per 10 shares (including tax), totaling approximately 245.29 million CNY based on a total share capital of 170,784,280 shares as of December 31, 2022[3]. - The company has not indicated any changes in its share capital that would affect the total dividend distribution amount[3]. - The company declared a cash dividend of CNY 245,292,337.84, which represents 30.00% of the net profit attributable to ordinary shareholders in the consolidated financial statements[103]. Financial Performance - The company's operating revenue for 2022 reached ¥2,705,498,415.90, representing a 58.53% increase compared to ¥1,706,643,165.69 in 2021[16]. - Net profit attributable to shareholders for 2022 was ¥817,642,889.48, a significant increase of 105.24% from ¥398,382,971.15 in 2021[16]. - The net cash flow from operating activities for 2022 was ¥668,352,866.50, up 87.37% from ¥356,710,871.68 in 2021[16]. - Basic earnings per share for 2022 were ¥4.79, a 93.15% increase from ¥2.48 in 2021[17]. - The total assets at the end of 2022 were ¥7,127,757,651.12, reflecting a 29.08% increase from ¥5,522,047,609.02 at the end of 2021[16]. - The net assets attributable to shareholders increased by 14.82% to ¥5,737,872,812.77 at the end of 2022, compared to ¥4,997,248,110.64 at the end of 2021[16]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants, ensuring the authenticity and completeness of the financial report[2]. - The company has maintained its commitment to transparency and accuracy in its financial disclosures, as stated by its management team[2]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties, nor any violations in decision-making procedures for external guarantees[4]. Risk Factors - The company has detailed potential risk factors in its report, which may affect future development strategies[5]. - The company anticipates risks from macroeconomic fluctuations that could impact sales and profitability across its key markets[74]. - The company acknowledges potential volatility in the new energy vehicle market, which could affect its profitability due to various external factors[75]. Market and Industry Position - The company aims to become a leading global manufacturer of power semiconductor devices and solutions, focusing on innovation and market orientation[24]. - The global power semiconductor market was valued at $48.1 billion in 2022, with expectations to reach $53.2 billion by 2024, indicating strong industry growth[25]. - The IGBT market is projected to grow from $6.3 billion in 2021 to $9.3 billion by 2027, with China holding approximately 40% of the global market share[25]. Research and Development - Research and development expenses increased by 71.45% to CNY 188,880,904.49, reflecting the company's commitment to innovation[36]. - The company plans to increase R&D investment in next-generation IGBT chips and fast recovery diode chips, aiming for international competitiveness in manufacturing processes and performance[69]. - The company has developed over a hundred personalized products to meet customer-specific requirements, enhancing long-term partnerships[30]. Corporate Governance - The total pre-tax remuneration for the chairman and general manager, Shen Hua, was CNY 1.25 million[82]. - The total number of shares held by the management at the beginning and end of the year remained unchanged at 1,091,004 shares[82]. - The company has maintained independence in its operations without significant influence from controlling shareholders[79]. Social Responsibility - The company is actively involved in social responsibility initiatives, including partnerships with local communities for poverty alleviation[119]. - The company donated a total of 3.65 million yuan for educational scholarships to assist impoverished university students[118]. - The company is committed to carbon neutrality and has developed IGBT products that support clean energy generation, electric vehicles, and energy efficiency[116]. Internal Control and Compliance - The company has established a comprehensive internal control management system, ensuring compliance and effective execution of internal controls[108]. - The company conducted an internal control self-assessment and engaged an accounting firm for internal control audits, confirming the effectiveness of its internal control mechanisms[108]. - The company has not reported any significant deficiencies in its internal control during the reporting period[108]. Subsidiaries and International Presence - The company has established multiple sales offices across China and a subsidiary in Switzerland to expand its international market presence[32]. - The company’s subsidiary in Europe achieved operating revenue of 95.17 million yuan, a year-on-year increase of 121.04%, and is expected to maintain rapid growth in 2023[23]. Shareholder Structure - The total number of ordinary shareholders decreased from 42,710 to 23,444 during the reporting period[142]. - The top shareholder, Hong Kong Star Holdings Limited, holds 71,266,800 shares, representing 41.73% of total shares[143]. - The company has no strategic investors or major shareholders with shareholding changes during the reporting period[148].