Fortior Technology(Shenzhen) (SH:688279)2023-04-25 16:00Financial Performance - In 2022, the company achieved operating revenue of CNY 322.97 million, a slight decrease of 2.25% compared to the previous year[6]. - The net profit attributable to shareholders of the listed company for 2022 was CNY 142.00 million, showing a slight increase compared to the previous year[11]. - The company's operating revenue for 2022 was ¥322,972,933.77, a decrease of 2.25% compared to ¥330,396,607.87 in 2021[39]. - The net profit attributable to shareholders for 2022 was ¥142,001,194.05, representing an increase of 4.98% from ¥135,268,352.16 in 2021[39]. - Basic earnings per share for 2022 were ¥1.68, down 13.85% from ¥1.95 in 2021[41]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 19.30% year-on-year, amounting to 100,261,119.79 RMB[67]. - The net cash flow from operating activities decreased by 74.86% year-on-year, totaling 34,833,757.13 RMB, primarily due to a decline in sales revenue and cash received from customers[67]. - The weighted average return on net assets decreased to 8.73% in 2022, down 29.49 percentage points from 38.22% in 2021[41]. - The company reported a net cash flow from operating activities of ¥32,962,332.34 in Q4 2022, following a negative cash flow of ¥-5,464,915.50 in Q3 2022[43]. - The net profit attributable to shareholders for Q4 2022 was ¥26,085,182.54, a decrease from ¥32,261,467.80 in Q3 2022[43]. Research and Development - The R&D investment as a percentage of operating revenue increased to 19.77% in 2022, up 7.36 percentage points from 12.41% in 2021[41]. - The company invested a total of 63.84 million yuan in R&D in 2022, representing a year-on-year increase of 55.69%, with R&D expenses accounting for 19.77% of operating revenue, up by 7.36 percentage points[51]. - The company expanded its R&D team to 146 personnel, a year-on-year increase of 32.73%, with R&D staff accounting for approximately 70% of the total workforce[54]. - The company focused on automotive electronics and industrial control sectors for technological breakthroughs, particularly in applications related to new energy vehicles and industrial intelligent control[51]. - The company actively promoted its products in the automotive electronics sector, with automotive-grade products passing AEC-Q100 certification and entering the reliability verification phase with some OEMs[50]. - The company has established a comprehensive training program to enhance employee skills and support long-term development[141]. - The company actively collaborates with universities to establish training bases for technical talent in integrated circuits and motor control[126]. Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[40]. - The company aims to enhance its product offerings and explore potential mergers and acquisitions to strengthen its competitive position[40]. - The company is committed to overseas market expansion, laying the groundwork for future growth[52]. - The company aims to become a global leader in motor drive control chips and control systems, focusing on technology development, market expansion, and talent cultivation[48]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[175]. - The company is actively exploring potential mergers and acquisitions to bolster its market position and drive growth[175]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Dahua Certified Public Accountants[27]. - The company emphasizes that its forward-looking statements do not constitute substantive commitments to investors, urging caution regarding investment risks[31]. - The company held 2 shareholder meetings in 2022, ensuring compliance with legal regulations and protecting the rights of minority shareholders[97]. - The board of directors convened 10 meetings in 2022, adhering to legal and regulatory requirements to enhance decision-making processes[97]. - The supervisory board held 7 meetings in 2022, effectively overseeing the company's operations and compliance with laws and regulations[97]. - The company prioritizes information disclosure and investor relations management, ensuring timely and accurate communication with investors[97]. - The company has committed to adhering to the regulations of the Shanghai Stock Exchange regarding share transfers by senior management[162]. - The company has established a commitment to maintain a lock-up period of 6 months for certain shareholders, extending their lock-up obligations[187]. Shareholder Information - The proposed cash dividend distribution is CNY 4.8 per 10 shares (including tax), totaling CNY 44.33 million, which accounts for 31.22% of the net profit attributable to shareholders for 2022[11]. - As of December 31, 2022, the company's total share capital was 92,363,380 shares[11]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 6.7858 million RMB[107]. - The total remuneration for core technical personnel at the end of the reporting period was 4.0554 million RMB[107]. - The company has a share lock-up period of 12 months from the date of listing, during which no shares can be transferred or managed by others[162]. - The top ten unrestricted shareholders hold a total of 1,723,106 shares, representing 1.87% of the total shares[175]. - The company has a total of 460,445 shares in circulation for the common stock category[178]. - The company has made public commitments regarding its initial public offering and will accept social supervision[196]. Employee and Talent Management - The company continues to focus on talent development through campus and social recruitment to enhance its R&D team[6]. - The company will continue to conduct the "Peak Academy" training series to help new employees grow quickly and foster a vibrant learning organization[95]. - The company emphasizes the construction of a multi-level R&D talent team by attracting high-end technical talents through social and campus recruitment[95]. - The company has established a differentiated compensation structure based on job responsibilities and performance, ensuring internal fairness and external competitiveness[118]. Environmental, Social, and Governance (ESG) - The company emphasizes ESG management, integrating environmental, social, and governance principles into its development strategy[126]. - The company actively promotes the integration of party building with technological innovation and corporate development[155].