United Winners Laser(SH:688518)2023-04-20 16:00Financial Performance - The company achieved operating revenue of ¥2,822,406,240.52 in 2022, representing a year-on-year increase of 101.64%[21]. - Net profit attributable to shareholders reached ¥266,940,711.47, a significant increase of 190.11% compared to the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥239,910,751.76, reflecting a growth of 248.03% year-on-year[23]. - The company's total assets increased by 41.08% to ¥5,661,218,618.60 at the end of 2022 compared to the end of 2021[21]. - Basic earnings per share rose to ¥0.89, up 187.10% from ¥0.31 in 2021[22]. - The weighted average return on equity increased to 16.14%, up 9.89 percentage points from the previous year[23]. - The company reported a quarterly revenue of ¥928,206,433.96 in Q4 2022, showing a strong performance in the last quarter[25]. - The company achieved a market share of over 30% in the laser welding equipment market in 2022, up from approximately 21% in 2021 and 17% in 2020[54]. Research and Development - Research and development expenses accounted for 6.85% of operating revenue, a decrease of 0.53 percentage points from 2021[23]. - The company reported a total R&D expenditure of ¥193,315,541.96, an increase of 87.10% compared to ¥103,321,691.02 in the previous year[65]. - The company has developed 8 core technologies, including the "real-time laser energy negative feedback technology," which improves laser output stability and reduces defect rates[60]. - The company has established extensive R&D collaborations with several universities and research institutes, enhancing its technological capabilities[81]. - The company is focused on standardization in non-standard automation manufacturing to improve per capita output and enhance overall performance[131]. Market and Industry Trends - In 2022, the Chinese laser equipment market sales revenue was approximately 86.2 billion RMB, a growth of 4.99% compared to 2021, and is expected to reach 93.1-96.6 billion RMB in 2023, with a year-on-year growth of 8%-12%[51]. - The market for laser welding equipment in China saw sales revenue of about 8.31 billion RMB in 2022, representing a year-on-year increase of 25%, and is projected to exceed 10.48 billion RMB in 2023[51]. - The penetration rate of new energy vehicles in China reached 25.6% in 2022, significantly higher than the previous year's rate, with expectations to approach 45% by 2025[52]. - The energy storage sector is projected to become a significant growth area, alongside electric vehicles and photovoltaics, driven by national policies and international demand[57]. Operational Adjustments - The company’s registered address has changed, reflecting its operational adjustments[16]. - The company expanded its production capacity with new facilities, including a 52,000 square meter plant in Jiangsu and a 65,000 square meter facility in Huizhou, both operational in the second half of the reporting period[34]. - The company increased its workforce by 1,680 employees, a growth of 47.77%, primarily in R&D and production roles to support expanded operations[34]. - The company has implemented standardized processes in production and management, improving efficiency and reducing costs[39]. Corporate Governance and Compliance - The company adheres to strict governance practices in compliance with relevant laws and regulations, ensuring the protection of shareholder rights[133]. - The company has not faced any penalties from securities regulatory authorities in the past three years[150]. - The board of directors has established specialized committees, including audit, nomination, compensation, and strategy committees[153]. Employee and Shareholder Engagement - The company has a stock incentive plan with a total of 5,874,000 restricted stocks granted, representing 1.95% of the total shares[171]. - The total number of shares held by all key personnel at the end of the reporting period was 47,700,582, with an increase of 600,000 shares during the year[140]. - The company has conducted various training programs to improve employee skills and overall management efficiency[162]. - Employee stock ownership includes 347 employees, representing 6.60% of the total workforce, with 4,886,278.82 shares held, accounting for 16.24% of total share capital[200]. Environmental Responsibility - The company emphasizes the protection of shareholder rights and has implemented a reasonable dividend plan[181]. - The company does not belong to the key pollutant discharge units as per environmental protection department announcements[184]. - The company promotes clean production to reduce energy consumption and emissions, utilizing LED lighting and energy-efficient equipment[191].