HCR(SH:688500)2023-04-28 16:00Financial Performance - The company reported a profit distribution plan for 2022, stating no profit distribution or capital reserve transfer to increase share capital[6]. - The company has not achieved profitability since its listing, as confirmed in the report[4]. - The company's operating revenue for 2022 was ¥498,247,989.71, representing a 4.68% increase compared to ¥475,981,997.26 in 2021[23]. - The net profit attributable to shareholders of the listed company was -¥189,137,282.52, a decrease of 395.09% from ¥73,701,204.45 in the previous year[23]. - The total assets at the end of 2022 were ¥1,214,643,842.98, down 16.26% from ¥1,450,501,609.50 at the end of 2021[24]. - The net assets attributable to shareholders of the listed company decreased by 20.00% to ¥944,691,092.01 from ¥1,180,791,573.02 in 2021[24]. - The cash flow from operating activities was -¥26,919,427.62, a decline of 45.05% compared to ¥34,771,395.66 in the previous year[23]. - The basic earnings per share for 2022 was -2.549 yuan, a decline of 395.91% from -0.514 yuan in 2021[25]. - The company reported a weighted average return on equity of -17.80%, down from -3.17% in 2021[25]. - The company’s stock is listed on the Shanghai Stock Exchange under the ticker 688500[20]. Operational Risks and Governance - The company received an audit report with a disclaimer of opinion from PwC Zhongtian, indicating issues with the internal control audit[5]. - The report includes a detailed discussion of various operational risks and corresponding mitigation measures[4]. - The company has not faced any non-operational fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures regarding external guarantees[9]. - The board of directors and supervisory board have confirmed the authenticity and completeness of the annual report[4]. - The company has not disclosed any special arrangements for corporate governance[9]. - The company has engaged PwC as its accounting firm for the reporting period[21]. - The company has established specialized committees within the board, including an audit committee, nomination committee, compensation and assessment committee, and strategic committee[170]. - The company’s internal audit conducts regular assessments of subsidiary operations to ensure compliance with internal control systems[197]. - The company has not effectively identified and managed external and internal risks, leading to potential operational and financial risks[196]. Research and Development - The company launched the XMfactory experience management solution, which automates the entire process from project proposal to report output[14]. - The DMengine marketing solution was developed to provide industry-specific marketing solutions based on unique user scenarios[14]. - The R&D investment accounted for 10.69% of operating revenue, slightly down from 10.86% in 2021[25]. - As of December 31, 2022, the company invested a total of 53.271 million yuan in R&D, accounting for 10.69% of its operating revenue[38]. - The company has developed numerous industry-specific data analysis technologies and proprietary data models, enhancing its core competitive advantage[82]. - The company is currently working on multiple projects aimed at enhancing data-driven digital marketing solutions across various industries[68]. - The company plans to apply for intellectual property rights, including software copyrights and patents, for its developed algorithms and software[69]. - The company achieved a total of 6 software copyrights and 6 software product certificates in the IoT environmental protection data analysis project, with a total investment of ¥26,500,000.00[66]. - The company is focused on developing a comprehensive data analysis technology system that integrates deep learning and knowledge graphs for improved analytical capabilities[48]. - The company aims to enhance product R&D efforts, focusing on the XMfactory experience factory and DMengine digital marketing engine to better support segmented industry clients[140]. Market Strategy and Expansion - The company is focusing on expanding its market presence through new product development and technological advancements in data intelligence and AI[15]. - The company plans to continue exploring new industries and digital business opportunities to drive future growth[36]. - The company is actively managing costs and expenses to mitigate challenges from macroeconomic fluctuations and weak downstream demand[36]. - The company is exploring new applications of data analysis and digital technology in emerging fields, preparing for future technological and talent needs[138]. - The company plans to enhance its digital marketing efforts, aiming for a 40% increase in online engagement by the end of 2023[158]. - The company is considering strategic acquisitions to enhance its product offerings, with potential targets identified in the tech sector[158]. - The company is positioned as a "digital process accelerator" in both commercial and public affairs sectors, aiming to drive digital transformation[136]. - The company is expanding its digital solutions in the tourism industry, targeting small and medium-sized tourist attractions and rural cultural tourism scenarios[141]. - The company is focused on integrating financial credit assessment with industry data to enhance service offerings in targeted sectors[71]. - The company is committed to developing data application solutions that align with national strategies, which will be a crucial business area in the coming years[142]. Employee and Management - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 7.71 million RMB[164]. - The total remuneration for core technical personnel at the end of the reporting period was 1.59 million RMB[164]. - The company has established a compensation system for directors, supervisors, and senior management based on their specific positions[164]. - The company reported a change in personnel, with He Kancheng resigning as Deputy General Manager due to personal reasons[165]. - The company has a structured decision-making process for determining the remuneration of its board members[164]. - The company continues to focus on maintaining transparency in its remuneration practices for key personnel[164]. - The company has a cash dividend policy for 2022, stating no profit distribution or capital reserve transfer to increase share capital[181]. - The average salary of R&D personnel increased to 26.86 thousand yuan, up from 23.72 thousand yuan in the previous period[81]. - The number of R&D personnel decreased to 150, accounting for 20.89% of the total workforce, down from 185 and 24.90% respectively[81]. - The company emphasized the importance of training programs to enhance employee skills and career development[180]. Compliance and Regulatory Issues - The company faced disciplinary action from the Shanghai Stock Exchange for inaccurate disclosure of performance forecasts, resulting in a reprimand for the company and key executives[166]. - The company has identified major internal control deficiencies in accounts receivable management, leading to potential misstatements in financial reporting[194]. - The internal control audit report issued a negative opinion, highlighting significant deficiencies in the company's internal control systems[198]. - The company has not initiated corrective actions for identified major deficiencies in internal controls as of December 31, 2022[196]. - The company’s audit committee unanimously approved all proposals during the reporting period, ensuring compliance and governance[172]. Environmental and Social Governance - The company emphasizes the integration of ESG principles into its operations and management strategies to enhance corporate image and stakeholder engagement[199]. - The company is committed to strengthening environmental awareness and promoting energy conservation and green development[199]. - There is no established mechanism for environmental protection within the company[200]. - The company did not report any investment in environmental protection funds during the reporting period[200].