ZJBC(SZ:000889)2023-04-27 16:00Business Transformation - The company reported a significant transformation in its main business focus, shifting from retail to information transmission and communication network maintenance after the 2015 restructuring[18]. - The company’s main business now includes intelligent information transmission and communication network maintenance, following the exclusion of Jia Hua Information from the consolidated financial statements in October 2021[18]. - The company anticipates continued growth in the mobile information service industry, driven by the increasing demand for enterprise messaging services[28]. - The introduction of 5G messaging services is expected to enhance the company's offerings and position in the market[33]. - The company aims to achieve dual growth in revenue and profit from its main business of information intelligent transmission and communication network maintenance[116]. Financial Performance - The company's operating revenue for 2022 was ¥1,516,365,804.57, a decrease of 22.28% compared to ¥1,951,112,591.19 in 2021[20]. - The net profit attributable to shareholders for 2022 was -¥78,869,762.33, showing a significant improvement of 96.07% from -¥2,004,872,823.39 in 2021[20]. - The total assets at the end of 2022 were ¥1,298,127,445.75, a decrease of 12.05% from ¥1,475,971,339.40 at the end of 2021[20]. - The company reported a weighted average return on equity of -26.42% for 2022, an increase of 123.16 percentage points from -149.58% in 2021[20]. - The company recorded non-operating income of ¥6,288,988.01 in 2022, a significant recovery from a loss of -¥274,255,121.88 in 2021[24]. Risk Management - The company faced risks including potential goodwill impairment, increased customer concentration in information services, and competition in communication network maintenance technology[3]. - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[3]. - The company’s financial report includes a detailed discussion of risks and countermeasures in the management analysis section[3]. - The company is facing significant arbitration risks due to disputes arising from the 2018 restructuring transaction, with part of its bank accounts and subsidiaries' equity frozen[123]. - The company recognizes the risks posed by new technology replacements and is focused on upgrading its services to meet market demands[125]. Governance and Compliance - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations[131]. - The company has established an independent financial department with a standardized financial accounting system and independent bank accounts[132]. - The company’s governance structure is compliant with legal and regulatory requirements, ensuring equal rights for all shareholders, especially minority shareholders[130]. - The company has a commitment to transparency and information disclosure, enhancing stakeholder trust and compliance with social responsibilities[130]. - The company has not reported any significant discrepancies between its governance practices and the regulations set forth by the China Securities Regulatory Commission[130]. Research and Development - The company is investing in R&D for new technologies, with a budget allocation of $10 million for the upcoming year to enhance product offerings[141]. - R&D investment amounted to ¥60,093,280.14 in 2022, a decrease of 9.48% compared to ¥66,385,193.30 in 2021, while the proportion of R&D investment to operating revenue increased by 0.56 percentage points to 3.96%[91]. - The company is developing a new type of solar energy panel that can store solar energy during the day and release it at night, achieving a luminous duration of over 10 hours and an efficiency improvement of 30%[89]. - The company has completed the development of 5G gateway devices, obtaining 2 utility model patents, which will enhance its market competitiveness in the 5G terminal network[85]. - The company is enhancing its communication network technology services through various innovative projects and patent applications[86]. Customer and Market Engagement - The company has established strong partnerships with major clients such as JD.com, Tencent, and Alibaba, enhancing its market influence[38]. - The company serves over 10,000 clients, with more than 700 million end users, indicating a strong customer base and market presence[63]. - The company aims to enhance customer engagement through digital platforms, aiming for a 30% increase in online interactions[139]. - The company plans to enhance its market share and customer base while providing more value-added services in 2023[114]. - The company is focused on expanding its business capabilities and revenue sources through the development of new technologies and products[85]. Employee and Management Structure - The total number of employees at the end of the reporting period was 3,855, with 3,739 from Guangdong Changshi Communication Technology Co., Ltd.[161]. - The company emphasizes a competitive and fair employee compensation system, linking salary increases to company performance[164]. - The company has implemented a performance assessment system based on key performance indicators (KPIs) to enhance employee motivation and improve overall operational efficiency[88]. - The company has a structured remuneration decision-making process involving the board's remuneration and assessment committee[147]. - The company has maintained a consistent payment schedule for its directors and senior management, paying remuneration monthly[147]. Environmental and Social Responsibility - The company emphasizes environmental protection and sustainable development, focusing on low energy consumption and the use of eco-friendly materials in its operations[183]. - The company actively participates in social responsibility initiatives, including donations to disaster relief efforts and support for local communities, such as a donation of 2.39 million yuan for fire disaster relief[184]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[178]. - The company has established a robust investor protection framework, ensuring timely and accurate information disclosure and engaging with investors through various channels[179]. - The company emphasizes employee rights and welfare, adhering to labor laws and providing a safe working environment[180].