RUNNER(SH:603408)2023-04-28 16:00Financial Performance - The company's operating revenue for 2022 was RMB 4,186,247,515.14, a decrease of 11.16% compared to RMB 4,712,116,198.24 in 2021[22]. - The net profit attributable to shareholders for 2022 was RMB 458,059,061.85, an increase of 21.72% from RMB 376,325,921.99 in 2021[22]. - The net profit after deducting non-recurring gains and losses was RMB 425,381,054.87, up 31.39% from RMB 323,763,334.62 in 2021[22]. - The cash flow from operating activities for 2022 was RMB 816,204,312.64, a significant increase of 119.93% compared to RMB 371,115,861.74 in 2021[22]. - The total assets at the end of 2022 were RMB 4,400,043,738.27, reflecting a 2.05% increase from RMB 4,311,683,748.67 at the end of 2021[22]. - The net assets attributable to shareholders increased by 10.52% to RMB 2,872,740,614.78 at the end of 2022 from RMB 2,599,227,524.46 at the end of 2021[22]. - The basic earnings per share for 2022 were RMB 1.03, representing a 22.62% increase from RMB 0.84 in 2021[23]. - The diluted earnings per share for 2022 were RMB 1.02, an increase of 21.43% compared to RMB 0.84 in 2021[23]. - The weighted average return on equity for 2022 was 16.9%, an increase of 1.62 percentage points from 15.28% in 2021[23]. Dividend Policy - The company plans to distribute a cash dividend of 4.7 CNY per 10 shares (including tax) for the 2022 fiscal year, pending approval at the annual shareholders' meeting[5]. - The total cash dividend for 2022 is projected to be 242.34 million CNY, representing 52.91% of the net profit attributable to shareholders[135]. - The company distributed a cash dividend of 3.95 CNY per 10 shares for the 2021 fiscal year, amounting to 176.77 million CNY, which is 46.97% of the net profit[134][138]. - The company has a cash dividend policy that mandates a minimum of 20% of the net profit to be distributed as cash dividends if conditions are met[132]. - The company has a cash flow condition that requires positive distributable profits and a debt ratio below 70% to proceed with cash dividends[132]. - The company has implemented a three-year dividend plan that complies with its articles of association and protects minority shareholders' rights[133]. Governance and Compliance - The company has received a standard unqualified audit report from Dahua Certified Public Accountants[4]. - The company has a comprehensive governance structure in place, with all directors and supervisors present during the board meeting[4]. - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[4]. - The company emphasizes investor relations management through various communication channels, ensuring transparency and protecting shareholder rights[102]. - The company has established a robust internal control system and governance structure, continuously improving operational transparency and compliance[104]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, and operations, ensuring no misuse of resources[105]. Research and Development - R&D investment for 2022 was 256 million RMB, accounting for 6.10% of operating revenue[32]. - The company launched 11 new invention patents and 268 utility model patents during the reporting period[32]. - The company has established a comprehensive R&D design system, enhancing efficiency and reducing design cycles[50]. - The number of R&D personnel is 982, accounting for 14.3% of the total workforce[67]. - The company is committed to increasing its R&D investment and enhancing its patent portfolio to maintain its competitive edge in product innovation[83]. Market Expansion and Strategy - The company plans to continue expanding its market presence and invest in new product development to drive future growth[22]. - The company is actively expanding its overseas manufacturing bases to mitigate geopolitical risks[31]. - The company aims to enhance its product competitiveness through continuous innovation and digital transformation[33]. - The company is expanding its market presence in the prefabricated building sector, leveraging national policies to enhance its engineering channel applications[46]. - The company is expanding its international presence by establishing a subsidiary in the United States and collaborating with major retailers like Lowe's and The Home Depot to increase market share[91]. Environmental Responsibility - The company has established an environmental protection mechanism and has obtained ISO14001 environmental management system certification[149]. - The company has implemented effective measures for air pollution control, including dust treatment systems and acid mist treatment towers, ensuring compliance with the "Air Pollutant Discharge Standards" (GB16297-1996)[151]. - The company has a comprehensive environmental management system in place, including various management procedures for waste and pollution control[150]. - The company invested 54.6 million RMB in social responsibility projects, benefiting 13,593 individuals[165]. - The company has established a special love fund to assist underprivileged individuals, donating 150,000 RMB in 2022 to help 2,256 people[166]. Risk Management - The company emphasizes that forward-looking statements do not constitute a commitment to investors, highlighting investment risks[6]. - The company faces exchange rate fluctuation risks due to significant export business, primarily settled in USD, and is implementing measures to minimize adverse impacts[96]. - The company is exposed to raw material price volatility, with key materials including plastics and metals, and is taking steps to control procurement costs[97]. Shareholder Relations - The company held one annual shareholders' meeting and five board meetings during the reporting period, ensuring compliance with governance regulations[100]. - The company has not reported any significant internal control deficiencies during the reporting period[143]. - The company has established a dedicated human resources management system, ensuring independence in labor and salary management[106]. Financial Management - The company has utilized RMB 350 million of idle raised funds and RMB 600 million of idle self-owned funds for cash management, investing in high-security and liquid financial products[199]. - The company has engaged in structured deposits totaling RMB 4,000 million with an annualized return of 3.07%, generating a profit of RMB 19.88 million[200]. - The total amount of structured deposits and fixed-term deposits indicates a strategic approach to managing liquidity and optimizing returns[200].