HCR(SH:688500)2023-06-02 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 approximately ¥498.25 million, representing a 4.68% increase compared to ¥475.98 million in 2021[23]. - The net profit attributable to shareholders was a loss of approximately ¥189.14 million, a significant decline from a profit of ¥73.70 million in 2020, marking a decrease of 395.09%[23]. - The basic earnings per share for 2022 was -¥2.549, compared to -¥0.514 in 2021, reflecting a decrease of 395.91%[24]. - The total assets at the end of 2022 were approximately ¥1.21 billion, down 16.26% from ¥1.45 billion in 2021[23]. - The company's net assets attributable to shareholders decreased by 20.00% to approximately ¥944.69 million at the end of 2022[23]. - The company reported a cash flow from operating activities net amount of -¥26.92 million, a decline of 45.05% compared to -¥18.56 million in 2021[23]. - The weighted average return on net assets was -17.797% in 2022, a decrease of 14.63% from -3.170% in 2021[24]. - The company reported a total of 11.11 million yuan in non-recurring gains from fair value changes of financial assets[28]. Operational Risks and Internal Control - The company received an audit report with a disclaimer of opinion from PwC Zhongtian, indicating issues with internal control[5]. - The report includes a detailed discussion of various operational risks and corresponding mitigation measures[4]. - There are no violations of decision-making procedures for external guarantees reported[11]. - The company has identified significant internal control deficiencies in accounts receivable management, particularly in the collection of overdue accounts[190]. - The internal control audit report issued a negative opinion, indicating significant failures in financial reporting controls[195]. - The company has not effectively identified and managed external and internal risks as per its internal control management system[192]. - The company has not implemented a fraud detection mechanism effectively, leading to undetected anomalies in contract approvals[192]. - The company's internal control system lacks the ability to provide reasonable assurance regarding the accuracy and completeness of financial reporting due to significant deficiencies[192]. Research and Development - Research and development expenses accounted for 10.62% of operating revenue in 2022, slightly down from 10.86% in 2021[24]. - The company invested a total of 52.89 million yuan in R&D, accounting for 10.62% of its revenue as of December 31, 2022[35]. - The company has developed four core technologies, including commercial consumer service data analysis and personalized user analysis[56]. - The company has applied for patents and software copyrights for various data analysis technologies and models, solidifying its core technological competitiveness[76]. - The company has reduced its R&D personnel from 185 to 150, representing a decrease of approximately 19% in the workforce dedicated to research and development[74]. - The average salary for R&D personnel increased to 26.86 RMB per person, up from 23.72 RMB, reflecting a 9% rise in compensation[74]. Market Expansion and Product Development - The company launched new SaaS products, including XMfactory and DMengine, aimed at enhancing experience management and data-driven marketing solutions[14]. - The company is focusing on expanding its market presence and enhancing its technological capabilities through ongoing research and development efforts[24]. - The company is actively expanding its market presence in the southwest region to strengthen its competitive advantage[33]. - The company has developed a new version of its "XMfactory" digital SaaS product for customer experience management, which has begun promotion[35]. - The company is focusing on digital applications in core industries such as agriculture and environmental protection, with ongoing product improvements based on market feedback[35]. - The company is currently developing a marketing chain intelligent product with a projected investment of 3,990,000.00 RMB, focusing on automation and efficiency improvements in marketing tasks[70]. - The company is expanding its digital solutions in the tourism industry, focusing on small and medium-sized tourist attractions and rural cultural tourism[138]. Corporate Governance and Compliance - The board of directors and supervisory board members 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 emphasizes the integration of ESG principles into its operations and management, focusing on enhancing corporate image and stakeholder engagement[196]. - The company has implemented measures to enhance corporate governance, ensuring compliance with regulatory standards[145]. - The company received a disciplinary notice from the Shanghai Stock Exchange for inaccurate disclosure of performance forecast information during the reporting period[161]. - The company has not faced any penalties from securities regulatory authorities in the past three years, except for the recent disciplinary notice[161]. Strategic Focus and Future Outlook - The company aims to become a leading data intelligence company in China, focusing on digital technology innovation and increasing R&D investment to maintain technological leadership[132]. - The strategic focus includes cloud-based data analysis and the development of standardized products and services, summarized as "one cloud, two data"[133]. - The company plans to enhance its digital marketing solutions, integrating market research and experience management with standardized SaaS products[135]. - The company will explore new applications of data analysis and digital technology in emerging fields, preparing for future technological and talent needs[134]. - The company has set a revenue guidance for 2023, projecting a growth rate of 10% to 12%[145]. - The company is exploring potential mergers and acquisitions to strengthen its market position, with a budget of 50 million allocated for this purpose[145]. Employee and Management Structure - The company has a total of 718 employees, with 231 in the parent company and 487 in major subsidiaries[173]. - The employee composition includes 389 in business roles, 150 in R&D, 83 in management, 70 in technical roles, and 26 in marketing[173]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 7.71 million RMB[159]. - The total remuneration for core technical personnel at the end of the reporting period was 1.59 million RMB[159]. - The management team has maintained a stable compensation structure, with total remuneration for key executives averaging 100 million annually[147]. Financial Position and Assets - The company’s total assets include 20,922,690.66 RMB in overseas assets, accounting for 1.72% of total assets[115]. - The company’s structured deposits amounted to 573,286,808.21 RMB at the end of the reporting period[122]. - The company reported a significant increase in intangible assets, which rose by 372.75% to RMB 32,459,413.03[112][113]. - The company’s goodwill decreased by 80.59% to RMB 25,903,747.39 due to impairment losses[113]. - The company held assets for sale amounting to 2,790,000.00 RMB, representing a 100% increase due to the planned sale of a 19% stake in Huisi Tuo[114]. Client and Supplier Relationships - The top five customers contributed CNY 138.15 million, accounting for 27.73% of total annual sales[103]. - The largest customer accounted for RMB 6,105.80 million, representing 12.24% of the total annual sales[104]. - The total procurement amount from the top five suppliers was RMB 6,145.85 million, which is 21.94% of the annual total procurement[106][108]. - The largest supplier accounted for RMB 1,947.93 million, representing 6.95% of the total annual procurement[108].