JDL(SH:688057)2023-04-27 16:00Financial Performance - The company's operating revenue for 2022 was CNY 790,975,509.88, a decrease of 13.33% compared to 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 303,728,893.28, down 20.71% from the previous year[25]. - The basic earnings per share for 2022 was CNY 1.1005, reflecting a decline of 20.70% year-over-year[26]. - The cash flow from operating activities for 2022 was CNY 113,053,533.08, a decrease of 11.31% compared to 2021[25]. - The company's total assets at the end of 2022 were CNY 3,745,356,977.44, an increase of 1.55% from the end of 2021[25]. - The total cost for the reporting period was 255,984,426.06 RMB, down from 314,018,350.02 RMB in the previous year, reflecting a decrease of 18.48%[112]. - The company's main revenue decreased by 13.59% compared to the same period last year, while the main business cost decreased by 18.48%, resulting in a relatively stable overall gross margin[112]. - The company reported a financial expense of -29,053,080.14 RMB, a decrease of 8,621,019.27 RMB compared to the previous year[119]. Research and Development - Research and development expenses accounted for 6.71% of operating revenue in 2022, up from 5.84% in 2021[26]. - The total R&D investment for the year was approximately ¥53.09 million, a slight decrease of 0.40% compared to the previous year[81]. - The company applied for 23 patents during the reporting period, including 6 invention patents, and received 10 authorized patents, with a total of 112 authorized patents by the end of the period[78]. - The company has 22 ongoing research projects, with significant investments in technologies for wastewater treatment and resource recovery[84]. - The company has independently developed the FMBR wastewater treatment technology, which integrates multiple key technologies for simultaneous removal of carbon, nitrogen, and phosphorus, significantly improving biochemical degradation efficiency[91]. - The ongoing development of a smart wastewater treatment system has a budget of 650 million RMB, with current spending of 425.88 million RMB[86]. Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new technologies[1]. - The company is actively promoting a distributed water treatment model to address urban wastewater treatment challenges[16]. - The company aims to expand its market presence through innovative technologies and comprehensive service offerings, addressing the growing demand for professional operation in environmental public facilities[47]. - The company is expanding its overseas business through subsidiaries in Colorado and New York, aiming to enhance international competitiveness, but faces risks from differing market conditions abroad[99]. - The company plans to enhance R&D capabilities and optimize core processes, focusing on the FMBR technology for water treatment[136]. Governance and Compliance - The company has received a standard unqualified audit report from Zhongzheng Zhonghuan Accounting Firm[5]. - The company has a robust internal control system in place, with no significant deficiencies reported during the period[180]. - The company has established a scientific governance structure in compliance with relevant laws and regulations, continuously improving its governance level[144]. - The company has not reported any significant differences in governance compared to regulatory requirements, ensuring compliance and operational integrity[144]. - The company has established a performance evaluation and incentive mechanism for senior management, which has been effectively implemented during the reporting period[179]. Environmental and Social Responsibility - The company invested RMB 25.34 million in environmental protection during the reporting period[183]. - The company has established an environmental management system and developed relevant regulations and emergency plans to ensure compliance with environmental protection requirements[194]. - The company actively promotes energy conservation and resource-saving practices, including the use of energy-efficient equipment and advocating for paperless offices[192]. - The company has developed the FMBR wastewater treatment technology, which reduces organic sludge and is environmentally friendly, supporting the national "dual carbon" goals[195]. - The company emphasizes the importance of water resource conservation and the sustainable use of treated wastewater for irrigation and ecological restoration[199]. Employee Management - The company reported a total of 608 employees, with 401 in the parent company and 207 in major subsidiaries[168]. - The company has established a fair and scientific salary and performance evaluation system, ensuring timely payment of salaries and benefits[169]. - The company emphasizes employee training, offering various programs including onboarding, corporate culture, and skills training[170]. - The company has undergone a management restructuring, with several personnel changes due to retirement and adjustments in roles[158]. Dividend Policy - The company plans to distribute cash dividends of RMB 10.00 per 10 shares, totaling RMB 276,000,000.00, which represents 90.87% of the net profit attributable to shareholders for the year[173]. - The company has established a cash dividend policy, ensuring that at least 10% of the distributable profit is allocated as cash dividends annually, with a cumulative distribution of no less than 30% of the average annual distributable profit over the last three years[172].