SHANTUI(SZ:000680)2023-04-28 16:00Dividend Distribution - The company plans to distribute a cash dividend of 0.76 RMB per 10 shares to all shareholders, based on a total share capital of 1,500,855,412 shares after deducting 397,800 restricted shares[5]. - The total cash dividend amount (including other methods) was 114,065,011.31 yuan, representing 100% of the total profit distribution amount[160]. - The company reported a distributable profit of 2,356,776,567.96 yuan for the period[160]. Financial Performance - The company's operating revenue for 2022 was approximately ¥9.998 billion, an increase of 9.02% compared to ¥9.160 billion in 2021[24]. - Net profit attributable to shareholders reached approximately ¥632 million, representing a significant increase of 288.55% from ¥209 million in 2021[24]. - The basic earnings per share for 2022 was ¥0.4207, up 266.14% from ¥0.1480 in 2021[24]. - Total revenue for 2022 reached ¥9,997,834,858.99, a year-on-year increase of 9.02% compared to ¥9,170,621,654.32 in 2021[62]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2022, representing a 20% growth compared to the previous year[135]. Assets and Liabilities - The total assets at the end of 2022 were approximately ¥11.523 billion, a 1.70% increase from ¥10.746 billion at the end of 2021[24]. - As of December 31, 2022, cash and cash equivalents were 2.66 billion yuan, representing 23.06% of total assets, a decrease of 2.18% from the beginning of the year[81]. - Accounts receivable increased to 2.89 billion yuan, accounting for 25.12% of total assets, an increase of 8.86% compared to the beginning of the year[81]. - Inventory decreased to 1.39 billion yuan, representing 12.07% of total assets, a decrease of 6.90% from the beginning of the year due to increased sales[81]. Market Position and Strategy - The company has maintained a leading position in the domestic bulldozer market, leveraging over 40 years of industry experience[38]. - The company is exploring market expansion opportunities and potential mergers and acquisitions to enhance its competitive position[24]. - The company aims to build an internationally renowned brand in the engineering machinery sector, emphasizing customer satisfaction as its core value[52]. - The company is focusing on digital transformation and enhancing its marketing and service capabilities as part of its strategic development plan[112]. Research and Development - The company has made significant investments in research and development, focusing on new technologies and products in the construction machinery sector[24]. - Investment in R&D increased by 30% year-over-year, focusing on innovative technologies and product development to enhance competitive advantage[135]. - The company launched several new high-performance products, including the DH17-Gi2 bulldozer and SG19-Gi2 grader, aimed at expanding its product line and market reach[72]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the annual report, indicating potential uncertainties in future plans and commitments[4]. - The company has established risk management strategies for its derivative investments to mitigate market and credit risks[94]. - The company recognizes the risks associated with macro policy adjustments and international instability, which could affect market demand and pricing[113]. Governance and Management - The company’s financial report is guaranteed to be true, accurate, and complete by the management team, including the CEO and CFO[4]. - The company has maintained an independent governance structure, ensuring compliance with relevant laws and regulations without significant discrepancies[120]. - The company appointed four new vice presidents on December 19, 2022, including Ji Jianguo, Zhu Laisuo, Huang Yajun, and Zhao Lijun, with terms until the end of the current board's tenure[129]. Environmental Responsibility - The company has obtained a "Pollutant Discharge Permit" valid from January 13, 2022, to January 12, 2027, in compliance with environmental regulations[181]. - The company invested over 10 million RMB in upgrading pollution control facilities and equipment during the reporting period[187]. - The company has committed to not directly discharging taxable pollutants into the environment[187]. Shareholder Engagement - The first temporary shareholders' meeting in 2022 had a participation rate of 42.22%[124]. - The annual shareholders' meeting in 2021 had a participation rate of 40.68%[124]. - The company has a diverse board of directors, including independent directors and a chairman, with various tenures and shareholdings[125].