KAIFA(SZ:000021)2023-04-20 16:00Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.30 per 10 shares, totaling RMB 202,876,386.44 based on a total share capital of 1,560,587,588 shares [3]. - The company implemented a cash dividend distribution plan for the year 2021, distributing a total of RMB 234,088,138.20 to shareholders, which corresponds to a cash dividend of RMB 1.50 per 10 shares [123]. - For the year 2022, the company proposed a cash dividend of RMB 1.30 per 10 shares, amounting to a total of RMB 202,876,386.44, based on a share capital base of 1,560,587,588 shares [125]. - The company has maintained a cash dividend payout ratio of 100% for the current profit distribution plan, reflecting a commitment to shareholder returns [125]. - The cumulative cash dividend amount from 2020 to 2022 accounted for 89.89% of the average net profit in the last three years (consolidated statements) [123]. Financial Performance - The company's operating revenue for 2022 was approximately ¥16.12 billion, a decrease of 2.24% compared to ¥16.49 billion in 2021 [15]. - The net profit attributable to shareholders for 2022 was approximately ¥659 million, down 15.00% from ¥775 million in 2021 [15]. - The net profit after deducting non-recurring gains and losses was approximately ¥652 million, an increase of 112.34% compared to ¥307 million in 2021 [15]. - The total assets at the end of 2022 were approximately ¥27.81 billion, an increase of 2.82% from ¥27.05 billion at the end of 2021 [16]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥10.32 billion, an increase of 4.79% from ¥9.85 billion at the end of 2021 [16]. - The basic earnings per share for 2022 were ¥0.4223, a decrease of 16.62% from ¥0.5065 in 2021 [15]. - The weighted average return on equity for 2022 was 6.54%, down from 8.67% in 2021 [15]. - Total revenue for 2022 was ¥16,118,375,162.38, a decrease of 2.24% compared to ¥16,488,253,175.97 in 2021 [45]. Operational Highlights - The company has not reported any significant changes in its main business since its listing, continuing to focus on the manufacturing of computers and related electronic equipment [11]. - The company completed a non-public offering of 89.33 million shares in April 2021, which affected the shareholding structure [12]. - The company achieved operating revenue of 16.118 billion yuan, a year-on-year decrease of 2.24% [36]. - The company’s semiconductor packaging and testing capacity reached a historical high during the reporting period [36]. - The company has established a long-term incentive plan involving stock options to enhance motivation for core talents [36]. Market Trends - The global semiconductor market reached a record sales figure of $573.5 billion in 2022, with a notable decline in Q4 sales by 14.7% year-on-year [23]. - The storage market size in 2022 was approximately $139.19 billion, down 15% year-on-year, with NAND FLASH and DRAM markets experiencing declines of 11% and 17%, respectively [23]. - The advanced packaging market in China is projected to grow from ¥35.13 billion in 2020 to ¥113.66 billion by 2025, with a compound annual growth rate of 26.47% [23]. - The global smart grid market is expected to grow from $43.1 billion in 2021 to $103.4 billion by 2026, with a compound annual growth rate of 20.9% [26]. Research and Development - R&D investment amounted to ¥312,947,869.09 in 2022, representing a 0.84% increase from ¥310,326,547.06 in 2021, with R&D expenditure accounting for 1.94% of operating revenue, up from 1.88% [57]. - The number of R&D personnel increased by 11.67% to 603 in 2022, with the proportion of R&D staff rising to 3.39% from 2.00% in the previous year [56]. - The company is focusing on advanced packaging technology and has made significant progress in its technology innovation platform [36]. - The company is currently developing a joint simulation management platform to enhance chip packaging design efficiency and quality [54]. Corporate Governance - The company has established a shareholder return plan for the years 2021-2023, emphasizing the importance of cash dividends in its profit distribution policy [123]. - The company has established a comprehensive internal control system and governance structure, continuously improving its operational standards in response to regulatory changes [139]. - The company has not identified any significant internal control deficiencies during the reporting period, ensuring compliance and operational efficiency [131]. - The company’s internal control system is designed to ensure the legality and compliance of its operations, with zero tolerance for corruption and fraud [128]. Environmental Responsibility - The company has a valid pollution discharge permit effective until December 1, 2027, and has been compliant with environmental regulations since 2020 [143]. - Total wastewater discharge in 2022 was 1.260 tons/year for suspended solids and 5.107 tons/year for chemical oxygen demand, both below the regulatory limits [144]. - The company has implemented a stable wastewater treatment system, achieving a reduction in overall emissions by over 5% [144]. - The company actively conducts daily self-monitoring of wastewater and monthly monitoring by qualified third parties, ensuring compliance with environmental standards [145]. Employee Relations - The total number of employees at the end of the reporting period was 17,769, with 798 in the parent company and 16,971 in major subsidiaries [119]. - The professional composition includes 15,496 production personnel, 113 sales personnel, 1,816 technical personnel, 128 financial personnel, and 216 administrative personnel [119]. - The company has implemented a comprehensive salary policy that emphasizes performance and capability development, aiming to create a fair and motivating work environment [120]. - Leadership training programs were organized for grassroots managers to improve their management skills and team performance [121]. Strategic Initiatives - The company is focusing on expanding its advanced packaging capabilities and enhancing its technological investments to capture growth in emerging markets [23]. - The company aims to strengthen advanced packaging technology research and development to meet the capacity needs of key clients [37]. - The company is committed to achieving sustainable development through carbon reduction projects and energy management systems [40]. - The company is actively pursuing market expansion, with plans to enter two new international markets by the end of 2023, aiming for a 10% market share in each [156].