DQHK(SZ:000985)2023-04-21 16:00Financial Performance - The company's operating revenue for 2022 was ¥2,609,036,852.21, representing a 25.83% increase compared to ¥2,073,428,194.93 in 2021[6]. - The net profit attributable to shareholders for 2022 was ¥15,408,919.20, a 19.98% increase from ¥12,842,754.34 in 2021[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,958,066.78, up 25.25% from ¥9,547,556.30 in 2021[6]. - The basic and diluted earnings per share for 2022 were both ¥0.119, reflecting a 20.20% increase from ¥0.099 in 2021[6]. - The total operating revenue for 2022 was ¥2,609,036,852.21, representing a year-on-year increase of 27.11% from ¥2,073,428,194.93 in 2021[52]. - The gross profit margin for the chemical industry was 3.94%, a decrease of 1.92% compared to the previous year[53]. - The total operating cost increased by 28.40% to ¥2,506,206,934.63 from ¥1,951,879,305.00 in 2021[55]. - The company reported a significant decline in cash flow from operating activities, with a net outflow of ¥15,197,855.75 in 2022 compared to a net inflow of ¥63,163,053.33 in 2021, a decrease of 124.06%[6]. Shareholder Information - The company plans to distribute a cash dividend of 0.48 RMB per 10 shares to all shareholders, based on a total of 129,639,500 shares[6]. - The company reported a net profit of 15.41 million yuan for the period, with a total distributable profit of 110.35 million yuan[97]. - A cash dividend of 0.48 yuan per 10 shares was proposed, amounting to a total cash dividend of 6.22 million yuan, which represents 100% of the profit distribution[97]. - The company did not make any adjustments to its cash dividend policy during the reporting period[97]. Business Operations - The company has not changed its business scope during the reporting period, which includes the production and sales of fine chemical products and health food[17]. - The company has undergone several changes in its business scope since its establishment, with the latest change approved in 2015[17]. - The company is listed on the Shenzhen Stock Exchange under the stock code 000985[14]. - The company’s registered address is located in Daqing High-tech Industrial Development Zone, Heilongjiang Province[14]. - The company has designated China Securities Journal and Giant Tide Information Network as its official information disclosure media[5]. Market Outlook - The company anticipates a recovery in the petrochemical industry in 2023, with improved operating rates and profitability expected due to easing cost pressures[27]. - The company expects an overall increase in C5 resin consumption from 2023 to 2025, particularly in road marking paint and adhesives, driven by economic recovery[32]. - The company is focusing on high-value-added product development to enhance overall competitiveness and risk resistance in response to macroeconomic fluctuations[40]. Research and Development - The company has a stable R&D team of 68 members, with 34 senior engineers and 26 engineers[46]. - R&D expenses surged by 112.11% to ¥16,087,350.78 in 2022 from ¥7,584,466.29 in 2021, driven by increased R&D compensation[60]. - Total R&D investment rose by 29.08% to ¥92,377,895.31 in 2022 from ¥71,567,800.00 in 2021, representing 3.54% of operating revenue[61]. Environmental Compliance - The company is classified as a key pollutant discharge unit and adheres to relevant environmental protection laws and standards[106]. - The company invested a total of 6.0608 million yuan in environmental governance and protection during the reporting period[110]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[112]. - The company has established emergency response plans for environmental incidents, which have been reviewed by experts and filed with relevant authorities[108]. Corporate Governance - The company maintains a complete and independent governance structure, ensuring compliance with relevant laws and regulations[71]. - The company has established an independent financial department and accounting system, ensuring financial independence from its controlling shareholder[73]. - The company has a total of six independent directors, enhancing corporate governance and oversight[85]. - The company has established a remuneration and assessment committee responsible for evaluating senior management performance and determining compensation[86]. Financial Position - The total assets at the end of 2022 were ¥706,073,765.92, a slight increase of 0.09% from ¥705,436,187.12 at the end of 2021[6]. - The net assets attributable to shareholders at the end of 2022 were ¥603,170,642.04, up 1.84% from ¥592,292,056.90 at the end of 2021[6]. - The total liabilities decreased to ¥102,903,123.88 in 2022 from ¥113,144,130.22 in 2021, a reduction of 9.3%[159]. Related Party Transactions - The company reported a total of 262,889.82 million CNY in related party transactions, accounting for 71.79% of the approved transaction amount of 284,221 million CNY[123]. - The company engaged in raw material procurement from China National Petroleum Corporation Daqing Petrochemical Branch, with transaction value of 241,909.19 million CNY, representing 97.36% of similar transactions[123]. Management Changes - The company reported a significant management change, with the resignation of key personnel including the former General Manager Han Yuehui and several other executives due to work-related reasons[77]. - The current Chairman, Shi Tiequan, has a background in finance and has held various senior positions within the China National Petroleum Corporation[78]. - The new General Manager, Gong Xiangying, has been appointed and has extensive experience in the petrochemical industry[79]. Compliance and Risk Management - The company emphasizes compliance and risk prevention, establishing a robust internal control system[51]. - The internal control audit report received a standard unqualified opinion, confirming the effectiveness of the internal control system[103]. - The company has not encountered any major issues in the management and control of its subsidiaries during the reporting period[99].