Taclink(SH:688205)2023-03-20 16:00Financial Performance - The company's operating revenue for 2022 was CNY 714.18 million, a decrease of 2.31% compared to CNY 731.10 million in 2021[22]. - The net profit attributable to shareholders for 2022 was CNY 101.62 million, down 19.63% from CNY 126.44 million in 2021[22]. - The basic earnings per share for 2022 was CNY 1.25, a decrease of 27.75% from CNY 1.73 in 2021[23]. - The company's total assets at the end of 2022 were CNY 2.14 billion, an increase of 131.42% from CNY 923.10 million at the end of 2021[22]. - The company's net assets attributable to shareholders increased by 185.02% to CNY 1.89 billion at the end of 2022[22]. - The company's main business revenue decreased by 2.49% to 710.26 million yuan[88]. - The main business cost increased by 2.02% to 487.66 million yuan[88]. - Total revenue for the year was 710,260,348.59, a decrease of 2.49% compared to the previous year, with a gross margin of 31.34%, down 3.03 percentage points[90]. - Domestic revenue was 507,568,141.73, a decrease of 3.97%, with a gross margin of 30.41%, down 3.13 percentage points; international revenue was 202,692,206.87, an increase of 1.44%, with a gross margin of 33.66%, down 2.89 percentage points[90]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 3.20 per 10 shares (including tax), totaling RMB 31,129,600.00, which represents 30.63% of the net profit attributable to shareholders[5]. - The company does not plan to issue bonus shares or convert capital reserves into share capital, focusing on cash dividends instead[5]. - The company has a cash dividend policy that protects the rights of minority investors and has not made any changes to this policy during the reporting period[152]. - The company has not proposed a cash profit distribution plan despite having positive distributable profits for shareholders[155]. Governance and Compliance - The board of directors has confirmed the authenticity and completeness of the annual report, ensuring no significant omissions or misleading statements[4]. - The company has not disclosed any special arrangements for corporate governance, suggesting adherence to standard practices[8]. - The company has established a comprehensive corporate governance structure, including a board of directors and various specialized committees, ensuring clear responsibilities and independent operations[124]. - The company’s governance structure operates in compliance with relevant laws and regulations, ensuring accountability[124]. - The company has independent directors serving in various capacities across multiple organizations, enhancing governance and oversight[136]. - The company has established strict compliance measures for its core technical personnel regarding share transfers post-employment[194]. Research and Development - Research and development expenses accounted for 8.67% of operating revenue in 2022, up from 7.84% in 2021[23]. - The company achieved a total R&D investment of ¥61,931,865.65 in 2022, representing a 7.99% increase from ¥57,350,916.14 in the previous year[57]. - The company holds a total of 196 intellectual property rights, including 142 patents, with 28 new rights obtained during the reporting period[55]. - The company is developing a coherent optical transceiver module with an expected total investment of ¥3,000,000, of which ¥1,060,310 has been invested to date[60]. - The company has developed strong independent innovation capabilities in optical modules, optical amplifiers, and optical transmission subsystems, with multiple core technologies and related patents[49]. Market and Industry Trends - The global optical module market is expected to grow from $10 billion in 2020 to nearly $16 billion by 2025, driven by 5G deployment and data center expansion[5]. - The global PON market is projected to grow at a CAGR of 12.3% from 2020 to 2027, reaching $16.3 billion by 2027[3]. - The demand for pluggable optical amplifiers and high-speed long-distance optical modules is increasing due to the complexity and diversity of metropolitan WDM/DCI applications[4]. - The optical module market in data centers is expected to slow down in 2023 but gradually recover in 2024-2025, with 200G/400G/800G short-range pluggable optical modules becoming mainstream[4]. Risk Management - The company has outlined various risks in its operations and has provided measures to mitigate these risks, emphasizing the importance of investor awareness[4]. - The company faces risks related to technology upgrades and market competition, particularly from leading firms expanding into the telecom and data communication sectors[78]. - The company relies on foreign suppliers for key components like pump lasers, which poses a risk to its supply chain stability[78]. - The company faces risks related to international trade tensions that may affect supply and demand[83]. Employee and Talent Management - The total number of employees is currently 2,363,152, reflecting the company's operational scale[131]. - The total compensation for R&D personnel reached 32.31 million RMB, with an average salary of 23.08 thousand RMB[70]. - The company has implemented a training plan that includes both external and internal training to enhance employee skills and professional qualities[150]. - The company is committed to enhancing its talent development strategy by collaborating with several universities to build a strong management and R&D team[121]. Environmental Responsibility - The company has achieved ISO 14001:2015 certification for its environmental management system, demonstrating its commitment to ecological responsibility[170]. - The company has implemented carbon reduction measures, successfully reducing CO2 equivalent emissions by 194 tons[171]. - The company adheres to strict environmental standards, ensuring that wastewater and emissions meet national and local regulations[168]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[164]. Investor Relations - The company has a robust investor relations management system, ensuring compliance with disclosure regulations and providing equal opportunities for all investors[184]. - The company actively engages with investors through various communication channels, including investor surveys and online interactions[185]. - The company has a dedicated investor relations section on its official website[186]. Production and Manufacturing - The company has established advanced manufacturing processes, including automated testing platforms, which improve production efficiency and product quality[74]. - The company has implemented industrial automation in key processes, enhancing production capacity and product quality while reducing costs[180]. - The company has completed the transition to mass production of small-sized optical amplifiers, which are essential for coherent modules, and is currently leading the industry in this area[64].